//+----------------------------------------------------------------------+ //| Mid Pivot Resistance Historical_V1.mq4 | //| Copyright © 2005, MetaQuotes Software Corp. | //| http://www.metaquotes.net | //| Modified to chart historical camarilla pivots by MrPip | //| 3/28/06 Fixed problem of Sunday/Monday pivots | //| and added some ideas from goodtiding5 (Kenneth Z.) | //| Modified 4/14/07 to chart historical Mid Pivot resistance by Traden4x| //+----------------------------------------------------------------------+ #property copyright "Copyright © 2005, MetaQuotes Software Corp." #property link "http://www.metaquotes.net" #property indicator_chart_window #property indicator_buffers 5 #property indicator_color1 Blue #property indicator_color2 Blue #property indicator_color3 Blue #property indicator_color4 Blue #property indicator_color5 Yellow #property indicator_width1 1 #property indicator_width2 1 #property indicator_width3 1 #property indicator_width4 1 #property indicator_width5 1 //---- input parameters extern int GMTshift=0; extern color PivotNameColor = Yellow; extern color HColor = Blue; extern int fontsize=8; extern int LabelShift=13; extern int DaysDrawBack=15; extern bool DisplayCurrentLines = true; double MR4Buffer[]; double MR3Buffer[]; double MR2Buffer[]; double MR1Buffer[]; double PivotBuffer[]; double P, MR1, MR2, MR3, MR4, R1, R2, R3, R4; double prev_high=0; double prev_low=0; double prev_close=0; double cur_day=0; double prev_day=0; double day_high=0; double day_low=0; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { IndicatorBuffers(5); //---- indicators SetIndexStyle(0,DRAW_LINE, STYLE_DOT); SetIndexBuffer(0,MR4Buffer); SetIndexStyle(1,DRAW_LINE, STYLE_DOT); SetIndexBuffer(1,MR3Buffer); SetIndexStyle(2,DRAW_LINE, STYLE_DOT); SetIndexBuffer(2,MR2Buffer); SetIndexStyle(3,DRAW_LINE, STYLE_DOT); SetIndexBuffer(3,MR1Buffer); SetIndexStyle(4,DRAW_LINE, STYLE_DOT); SetIndexBuffer(4,PivotBuffer); SetIndexLabel(0,"MR4"); SetIndexLabel(1,"MR3"); SetIndexLabel(2,"MR2"); SetIndexLabel(3,"MR1"); SetIndexLabel(4,"Pivot"); //---- // IndicatorShortName("Resistance Pivots"); //---- return(0); } //+------------------------------------------------------------------+ //| Custor indicator deinitialization function | //+------------------------------------------------------------------+ int deinit() { //---- TODO: add your code here ObjectDelete("CamPivot"); ObjectDelete("ResMR1"); ObjectDelete("ResMR2"); ObjectDelete("ResMR3"); ObjectDelete("ResMR4"); ObjectDelete("CamPivotLine"); ObjectDelete("ResMR1Line"); ObjectDelete("ResMR2Line"); ObjectDelete("ResMR3Line"); ObjectDelete("ResMR4Line"); //---- return(0); } //+------------------------------------------------------------------+ //| Custom indicator iteration function | //+------------------------------------------------------------------+ int start() { int counted_bars=DaysDrawBack*1440/Period(); int cnt, limit; //---- exit if period is greater than 4 hr charts if(Period() > 240) { Alert("Error - Chart period is greater than 4 Hr."); return(-1); // then exit } if(counted_bars<0) return(-1); //---- last counted bar will be recounted // if(counted_bars>0) counted_bars--; // limit=(Bars-counted_bars)-1; limit=counted_bars; //---- Get new daily prices & calculate pivots for (cnt=limit;cnt >=0;cnt--) { if (TimeDayOfWeek(Time[cnt]) == 0) { cur_day = prev_day; } else { cur_day = TimeDay(Time[cnt]- (GMTshift*3600)); } if (prev_day != cur_day) { prev_close = Close[cnt+1]; prev_high = day_high; prev_low = day_low; day_high = High[cnt]; day_low = Low[cnt]; P = (prev_high + prev_low + prev_close)/3;//Pivot //---- To display all 8 Camarilla pivots remove comment symbols below and // add the appropriate object functions below R1 = (2*P)-prev_low; R2 = P+(prev_high-prev_low); R3 = P+2*(prev_high-prev_low); R4 = P+3*(prev_high-prev_low); MR1 = (P+R1)/2; MR2 = (R1+R2)/2; MR3 = (R2+R3)/2; MR4 = (R3+R4)/2; prev_day = cur_day; } if (High[cnt]>day_high) { day_high = High[cnt]; } if (Low[cnt]<day_low) { day_low = Low[cnt]; } // day_low=Open[cnt]; day_high=Open[cnt]; //--- Draw Pivot lines on chart PivotBuffer[cnt]=P; MR4Buffer[cnt]=MR4; MR3Buffer[cnt]=MR3; MR2Buffer[cnt]=MR2; MR1Buffer[cnt]=MR1; } if (cur_day == TimeDay(CurTime())) DisplayLabels(); //---- return(0); } void DisplayLabels() { SetLabel("CamPivot", "Pivot", P, PivotNameColor, LabelShift); SetLabel("ResMR1", "MR0.5", MR1, HColor, LabelShift); SetLabel("ResMR2", "MR1.5", MR2, HColor, LabelShift); SetLabel("ResMR3", "MR2.5", MR3, HColor, LabelShift); SetLabel("ResMR4", "MR3.5", MR4, HColor, LabelShift); // Display Current Lines if (DisplayCurrentLines) { SetLine("CamPivotLine", P, PivotNameColor); SetLine("ResMR1Line", MR1, HColor); SetLine("ResMR2Line", MR2, HColor); SetLine("ResMR3Line", MR3, HColor); SetLine("ResMR4Line", MR4, HColor); } } // put a label on the line void SetLabel(string textname, string text, double level, color col1, int LabelShift) { double myLevel; int digits = MarketInfo(Symbol(), MODE_DIGITS); myLevel = NormalizeDouble(level, digits); if(ObjectFind(textname) != 0) { ObjectCreate(textname, OBJ_TEXT, 0, Time[LabelShift], myLevel); ObjectSetText(textname, " " + text + " " + DoubleToStr(myLevel, digits), fontsize,"Arial",col1); } else { ObjectSetText(textname, " " + text + " " + DoubleToStr(myLevel, digits), fontsize,"Arial",col1); ObjectMove(textname, 0, Time[LabelShift],myLevel); } } // create or move the horizontal line void SetLine(string linename, double level, color col1) { if(ObjectFind(linename) != 0) { ObjectCreate(linename, OBJ_TREND, 0, Time[1], level, Time[0], level); // ObjectSet(linename, OBJPROP_STYLE, STYLE_DASHDOTDOT); ObjectSet(linename, OBJPROP_STYLE, STYLE_DASHDOTDOT); ObjectSet(linename, OBJPROP_COLOR, col1); ObjectSet(linename, OBJPROP_WIDTH, 1); } else { ObjectMove(linename, 1, Time[0], level); ObjectMove(linename, 0, Time[1], level); } } //+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Series array that contains close prices for each bar
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features:
It issuies visual alerts to the screen