fibocalc





/*+------------------------------------------------------------------+
 | fibo
 | Author: Copyright © 2006, 
 | 
 | 
 +------------------------------------------------------------------+*/
#property copyright "Copyright © 2006,"
#property link    "mail: " 

#property indicator_chart_window
#property indicator_buffers 4

#property indicator_color1 DarkGreen
#property indicator_color2 Maroon
#property indicator_color3 Yellow
#property indicator_color4 Goldenrod


//---- input parameters

//---- buffers

double PrevDayHiBuffer[];
double PrevDayLoBuffer[];
double PrevDayOpenBuffer[];
double PrevDayCloseBuffer[];


int fontsize=8;
double PrevDayHi, PrevDayLo, PrevDayOpen , PrevDayClose,fb,fs,fe,tp1,tp2,tp3;
double LastHigh,LastLow,LastOpen,LastClose,x;
double ri,re1,re2,re3,ra1,ra2,ra3;




//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//---- TODO: add your code here

   
   ObjectDelete("PrevDayHi");
   ObjectDelete("PrevDayLo"); 
   ObjectDelete("PrevDayOpen");
   ObjectDelete("PrevDayClose");
   ObjectsDeleteAll();
  
//
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+

int init()
  {
   string short_name;


//---- indicator line
   SetIndexStyle(0,DRAW_LINE);
   SetIndexStyle(1,DRAW_LINE);
   SetIndexStyle(2,DRAW_LINE);
   SetIndexStyle(3,DRAW_LINE);

   

  
   SetIndexBuffer(0, PrevDayHiBuffer);
   SetIndexBuffer(1, PrevDayLoBuffer);
   SetIndexBuffer(2, PrevDayOpenBuffer);
   SetIndexBuffer(3, PrevDayCloseBuffer);

   


//---- name for DataWindow and indicator subwindow label
   short_name="Prev Hi-Lo levels";
   IndicatorShortName(short_name);
   SetIndexLabel(0, short_name);

//----
   SetIndexDrawBegin(0,1);
//----
 

//----
   return(0);
  }

//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start() {
Refresh();

   int    counted_bars=IndicatorCounted();

   int limit, i;
//---- indicator calculation
if (counted_bars==0)
{
   x=Period();
   if (x>240) return(-1);
   ObjectCreate("PrevDayHi", OBJ_TEXT, 0, 0, 0);
   ObjectSetText("PrevDayHi", "                Day High",fontsize,"Arial", White);
   ObjectCreate("PrevDayLo", OBJ_TEXT, 0, 0, 0);   
   ObjectSetText("PrevDayLo", "                Day Low",fontsize,"Arial", White); 
   ObjectCreate("PrevDayOpen", OBJ_TEXT, 0, 0, 0);
   ObjectSetText("PrevDayOpen", "                Prev. Day Open",fontsize,"Arial", White);
   ObjectCreate("PrevDayClose", OBJ_TEXT, 0, 0, 0);
   ObjectSetText("PrevDayClose", "                Prev. Day Close",fontsize,"Arial", White);
    
   //---- last counted bar will be recounted
//   if(counted_bars>0) counted_bars--;
} 
  limit=(Bars-counted_bars)-1;



for (i=limit; i>=0;i--)
{ 

LastHigh=High[Highest(NULL,0,MODE_HIGH,i+1)];
LastLow=Low[Lowest(NULL,0,MODE_LOW,i+1)];
if (Open[i+1]>LastOpen) LastOpen=Open[i+1];

//Print("TimeDay(Time[i]=",TimeDay(Time[i]),"TimeDay(Time[i+1])",TimeDay(Time[i+1]));
if (TimeDay(Time[i])!=TimeDay(Time[i+1]))
   { 
RefreshRates( ) ;

PrevDayHi=LastHigh;
PrevDayLo=LastLow;
PrevDayOpen=LastClose;
PrevDayClose=Open[i];
LastLow=Open[i];
LastHigh=Open[i];
LastOpen=Open[i];
LastClose=Open[i];
  
   ObjectMove("PrevDayHi", 0, Time[i], PrevDayHi);
   ObjectMove("PrevDayLo", 0, Time[i], PrevDayLo);
    ObjectMove("PrevDayOpen", 0, Time[i], PrevDayOpen);
    ObjectMove("PrevDayClose", 0, Time[i], PrevDayClose);


   }
   
    PrevDayHiBuffer[i]=PrevDayHi;
    PrevDayLoBuffer[i]=PrevDayLo;
    PrevDayOpenBuffer[i]=PrevDayOpen;
    PrevDayCloseBuffer[i]=PrevDayClose;
   
    
}
if (Ask > LastClose) {
fb= PrevDayHi-(PrevDayHi-PrevDayLo)*0.382;
fe= PrevDayHi-(PrevDayHi-PrevDayLo)*0.618;
tp1=((PrevDayHi-PrevDayLo)*0.618)+fb; 
tp2=(PrevDayHi-PrevDayLo)+fb;
tp3=1.618*(PrevDayHi-PrevDayLo)+fb;
ri=MathRound((+fb-fe)*10000)/10000;
re1=MathRound((+tp1-fb)*10000)/10000;
re2=MathRound((+tp2-fb)*10000)/10000;
re3=MathRound((+tp3-fb)*10000)/10000;
ra1=MathRound((+re1/ri)*10)/10;
ra2=MathRound((+re2/ri)*10)/10;
ra3=MathRound((+re3/ri)*10)/10;
RefreshRates( ) ;
ObjectCreate("fb", OBJ_TEXT, 0, Time[0], fb);
ObjectSetText("fb", " BUY LEVEL", 8, "Arial", EMPTY);
ObjectCreate("fb Line", OBJ_HLINE, 0, Time[0],fb);
ObjectSet("fb Line", OBJPROP_STYLE, STYLE_DASHDOT);
ObjectSet("fb Line", OBJPROP_COLOR, Blue);
ObjectMove("fb",fb, Time[0], fb);

ObjectCreate("fe", OBJ_TEXT, 0, Time[0], fe);
ObjectSetText("fe", " STOPLOSS LEVEL", 8, "Arial", EMPTY);
ObjectCreate("fe Line", OBJ_HLINE, 0, Time[0],fe);
ObjectSet("fe Line", OBJPROP_STYLE, STYLE_DASHDOT);
ObjectSet("fe Line", OBJPROP_COLOR,OrangeRed );
ObjectMove("fe",fe, Time[0], fe);

ObjectCreate("tp1", OBJ_TEXT, 0, Time[0], tp1);
ObjectSetText("tp1", " PROFIT TARGET 1", 8, "Arial", EMPTY);
ObjectCreate("tp1 Line", OBJ_HLINE, 0, Time[0],tp1);
ObjectSet("tp1 Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
ObjectSet("tp1 Line", OBJPROP_COLOR,SpringGreen );
ObjectMove("tp1",tp1, Time[0],tp1 );

ObjectCreate("tp2", OBJ_TEXT, 0, Time[0], tp2);
ObjectSetText("tp2", " PROFIT TARGET 2", 8, "Arial", EMPTY);
ObjectCreate("tp2 Line", OBJ_HLINE, 0, Time[0],tp2);
ObjectSet("tp2 Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
ObjectSet("tp2 Line", OBJPROP_COLOR,SpringGreen );
ObjectMove("tp2",tp2, Time[0],tp2);

ObjectCreate("tp3", OBJ_TEXT, 0, Time[0], tp3);
ObjectSetText("tp3", " PROFIT TARGET 3", 8, "Arial", EMPTY);
ObjectCreate("tp3 Line", OBJ_HLINE, 0, Time[0],tp3);
ObjectSet("tp3 Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
ObjectSet("tp3 Line", OBJPROP_COLOR,SpringGreen );
ObjectMove("tp3",tp3, Time[0],tp3);

if((ra1>2)&&(ra2>2)&&(ra3>2))
Comment("Owner : ", AccountName()," Account number : ", AccountNumber(),"\n\nPrevDayHi ",PrevDayHi,"\nPrevDayLo ", PrevDayLo,"\nTrend was UP ","\nBUY @ ",fb ,"\nStopLoss ",fe,"\nTakeProit 1 ",tp1 ," Risk/Reward Ratio : ", ra1 ," OK Trade ","\nTakeProit 2 ",tp2 ," Risk/Reward Ratio : ", ra2 ," OK Trade ","\nTakeProit 3 ",tp3," Risk/Reward Ratio : ", ra3 ," OK Trade ");
else 
Comment("Owner : ", AccountName()," Account number : ", AccountNumber(),"\n\nPrevDayHi ",PrevDayHi,"\nPrevDayLo ", PrevDayLo,"\nTrend was UP ","\nBUY @ ",fb ,"\nStopLoss ",fe,"\nTakeProit 1 ",tp1 ," Risk/Reward Ratio : ", ra1 ," NO TRADE ","\nTakeProit 2 ",tp2 ," Risk/Reward Ratio : ", ra2 ," NO TRADE ","\nTakeProit 3 ",tp3," Risk/Reward Ratio : ", ra3 ," NO TRADE ");

}
if (Bid < LastClose) {
fs=(PrevDayHi-PrevDayLo)*0.382+(PrevDayLo);
fe=(PrevDayHi-PrevDayLo)*0.618+(PrevDayLo);
tp1=((PrevDayLo-PrevDayHi)*0.618)+fs; 
tp2=(PrevDayLo-PrevDayHi)+fs;
tp3=1.618*(PrevDayLo-PrevDayHi)+fs;
ri=MathRound((+fs-fe)*10000)/10000;
re1=MathRound((+tp1-fs)*10000)/10000;
re2=MathRound((+tp2-fs)*10000)/10000;
re3=MathRound((+tp3-fs)*10000)/10000;
ra1=MathRound((+re1/ri)*10)/10;
ra2=MathRound((+re2/ri)*10)/10;
ra3=((+re3/ri)*10)/10;
RefreshRates( ) ;
ObjectCreate("fs", OBJ_TEXT, 0, Time[0], fs);
ObjectSetText("fs", " SELL LEVEL", 8, "Arial", EMPTY);
ObjectCreate("fs Line", OBJ_HLINE, 0, Time[0],fs);
ObjectSet("fs Line", OBJPROP_STYLE, STYLE_DASHDOT);
ObjectSet("fs Line", OBJPROP_COLOR, Red);
ObjectMove("fs",fs, Time[0], fs);

ObjectCreate("fe", OBJ_TEXT, 0, Time[0], fe);
ObjectSetText("fe", " STOPLOSS LEVEL", 8, "Arial", EMPTY);
ObjectCreate("fe Line", OBJ_HLINE, 0, Time[0],fe);
ObjectSet("fe Line", OBJPROP_STYLE, STYLE_DASHDOT);
ObjectSet("fe Line", OBJPROP_COLOR,OrangeRed );
ObjectMove("fe",fe, Time[0], fe);

ObjectCreate("tp1", OBJ_TEXT, 0, Time[0], tp1);
ObjectSetText("tp1", " PROFIT TARGET 1", 8, "Arial", EMPTY);
ObjectCreate("tp1 Line", OBJ_HLINE, 0, Time[0],tp1);
ObjectSet("tp1 Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
ObjectSet("tp1 Line", OBJPROP_COLOR,SpringGreen );
ObjectMove("tp1",tp1, Time[0],tp1 );

ObjectCreate("tp2", OBJ_TEXT, 0, Time[0], tp2);
ObjectSetText("tp2", " PROFIT TARGET 2", 8, "Arial", EMPTY);
ObjectCreate("tp2 Line", OBJ_HLINE, 0, Time[0],tp2);
ObjectSet("tp2 Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
ObjectSet("tp2 Line", OBJPROP_COLOR,SpringGreen );
ObjectMove("tp2",tp2, Time[0],tp2);

ObjectCreate("tp3", OBJ_TEXT, 0, Time[0], tp3);
ObjectSetText("tp3", " PROFIT TARGET 3", 8, "Arial", EMPTY);
ObjectCreate("tp3 Line", OBJ_HLINE, 0, Time[0],tp3);
ObjectSet("tp3 Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
ObjectSet("tp3 Line", OBJPROP_COLOR,SpringGreen );
ObjectMove("tp3",tp3, Time[0],tp3);


if((ra1>2)&&(ra2>2)&&(ra3>2))
Comment("Owner : ", AccountName(),"Account number : ", AccountNumber(),"\n\nPrevDayHi ",PrevDayHi,"\nPrevDayLo ", PrevDayLo,"\nTrend was Down ","\nSELL @ ",fs ,"\nStopLoss ",fe,"\nTakeProit 1 ",tp1 ," Risk/Reward Ratio : ", ra1 ," OK Trade ","\nTakeProit 2 ",tp2 ," Risk/Reward Ratio : ", ra2 ," OK Trade ","\nTakeProit 3 ",tp3," Risk/Reward Ratio : ", ra3 ," OK Trade ");
else 
Comment("Owner : ", AccountName(),"Account number : ", AccountNumber(),"\n\nPrevDayHi ",PrevDayHi,"\nPrevDayLo ", PrevDayLo,"\nTrend was Down ","\nSELL @ ",fs ,"\nStopLoss ",fe,"\nTakeProit 1 ",tp1 ," Risk/Reward Ratio : ", ra1 ," NO TRADE ","\nTakeProit 2 ",tp2 ," Risk/Reward Ratio : ", ra2 ," NO TRADE ","\nTakeProit 3 ",tp3," Risk/Reward Ratio : ", ra3 ," NO TRADE ");


}

//----
   return(0);
  }
//+------------------------------------------------------------------+
void Refresh()   {
   ObjectDelete("PrevDayHi"); ObjectDelete("fe");ObjectDelete("fe Line");
   ObjectDelete("PrevDayLo"); ObjectDelete("fs");ObjectDelete("fs Line");
   ObjectDelete("PrevDayOpen");
   ObjectDelete("PrevDayClose");
   ObjectDelete("tp3");ObjectDelete("tp3 Line");
   ObjectDelete("tp2");ObjectDelete("tp2 Line");
   ObjectDelete("tp1");ObjectDelete("tp1 Line");
   ObjectDelete("fb");ObjectDelete("fb Line");}

														



Sample





Analysis



Market Information Used:

Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Series array that contains open prices of each bar
Series array that contains open time of each bar


Indicator Curves created:

Implements a curve of type DRAW_LINE


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: