//+------------------------------------------------------------------+
//| FibProgression.mq4
//+------------------------------------------------------------------+
#property indicator_chart_window
extern double highLow = 0.0;
extern int fibProgLines = 6;
extern bool progressionUpward = FALSE;
extern color color1 = Yellow;
extern int lineThickness = 1;
//----
int fibProgressStart = 0;
bool onceThrough = FALSE;
//+------------------------------------------------------------------+
//| Custom indicator initialization function
//+------------------------------------------------------------------+
int init()
{
int i, startIndx = 0;
//----
if((lineThickness < 1) || (lineThickness > 5 ))
lineThickness = 1;
if((fibProgLines < 2) || (fibProgLines > 20))
fibProgLines = 6;
while(TRUE)
{
for(fibProgressStart = startIndx; ; fibProgressStart++)
if(ObjectFind("Prog" + fibProgressStart) == -1)
break;
for(i = fibProgressStart; i < (fibProgressStart + fibProgLines); i++)
if(ObjectFind("Prog" + i) == 0)
break;
if(i == (fibProgressStart + fibProgLines))
break;
else
startIndx += (fibProgressStart + fibProgLines);
}
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function
//+------------------------------------------------------------------+
int deinit()
{
int i;
//----
for(i = fibProgressStart; i < (fibProgressStart + fibProgLines); i++)
ObjectDelete("Prog" + i);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function
//+------------------------------------------------------------------+
int start()
{
int i, prevAdder = 34, adder = 55;
double tmp00, tmp01, tmp02;
//----
if(!onceThrough)
for(i = fibProgressStart; i < (fibProgressStart + fibProgLines); i++)
{
tmp00 = adder * Point;
tmp01 = prevAdder * Point;
if(progressionUpward)
tmp02 = highLow + tmp00;
else
tmp02 = highLow - tmp00;
ObjectCreate("Prog" + i, OBJ_HLINE, 0, Time[1], tmp02);
ObjectSet("Prog" + i, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet("Prog" + i, OBJPROP_COLOR, color1);
ObjectSet("Prog" + i, OBJPROP_WIDTH, lineThickness);
adder += prevAdder;
prevAdder = adder - prevAdder;
}
onceThrough = TRUE;
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Indicator Curves created:
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: