Floor_Pivots_Weekly





//+------------------------------------------------------------------+
//|                                          Floor_Pivots_Weekly.mq4 |
//|                         Copyright © 2009, kris.pivo[at]gmail.com |
//+------------------------------------------------------------------+
#property copyright "© Kris, 2009"                                 //|
//+------------------------------------------------------------------+
#property indicator_chart_window
#property indicator_buffers 7
#property indicator_color1 C'000,100,000' // SeaGreen
#property indicator_color2 C'000,150,000' // Green
#property indicator_color3 C'000,200,000' // Lime
#property indicator_color4 C'150,150,150' // Silver
#property indicator_color5 C'200,000,000' // Red
#property indicator_color6 C'150,000,000' // Crimson
#property indicator_color7 C'100,000,000' // Maroon
//---- input parameters
int fontsize=8;
//---- buffers
double BufferR3[];
double BufferR2[];
double BufferR1[];
double BufferPP[];
double BufferS1[];
double BufferS2[];
double BufferS3[];

double WH,WL,WC,PP,PD,PRH,PRL;
double S1,R1,S2,R2,S3,R3;
double last_week_high, last_week_low, last_week_close, this_week_open;
//+------------------------------------------------------------------+

int deinit() {
   ObjectDelete("PivR3");
   ObjectDelete("PivR2");
   ObjectDelete("PivR1");
   ObjectDelete("PivPP");
   ObjectDelete("PivS1");
   ObjectDelete("PivS2");
   ObjectDelete("PivS3");
   
	ObjectDelete("LabPivR3");
	ObjectDelete("LabPivR2");
	ObjectDelete("LabPivR1");
	ObjectDelete("LabPivPP");
	ObjectDelete("LabPivS1");
	ObjectDelete("LabPivS2");
	ObjectDelete("LabPivS3");
	
	Comment("");
	return(0); }
//+------------------------------------------------------------------+

int init()
  {
   string short_name;

   SetIndexStyle(0,DRAW_ARROW);
   SetIndexArrow(0,160);
   SetIndexBuffer(0,BufferR3);
   
   SetIndexStyle(1,DRAW_ARROW);
   SetIndexArrow(1,160);
   SetIndexBuffer(1,BufferR2);
   
   SetIndexStyle(2,DRAW_ARROW);
   SetIndexArrow(2,160);
   SetIndexBuffer(2,BufferR1);
      
   SetIndexStyle(3,DRAW_ARROW);
   SetIndexArrow(3,167);
   SetIndexBuffer(3,BufferPP);
   
   SetIndexStyle(4,DRAW_ARROW);
   SetIndexArrow(4,160);
   SetIndexBuffer(4,BufferS1);
   
   SetIndexStyle(5,DRAW_ARROW);
   SetIndexArrow(5,160);
   SetIndexBuffer(5,BufferS2);
   
   SetIndexStyle(6,DRAW_ARROW);
   SetIndexArrow(6,160);
   SetIndexBuffer(6,BufferS3);
   
   short_name="Floor Pivots Weekly";
   IndicatorShortName(short_name);
   SetIndexLabel(0,short_name);
   SetIndexDrawBegin(0,1);
   return(0);  }

int start()
  {
   int counted_bars=IndicatorCounted();
   int limit, i;
   if (counted_bars==0)
     {
      ObjectCreate("PivR3", OBJ_TEXT, 0,0,0);
      ObjectSetText("PivR3", "                                      Weekly R3",fontsize,"Arial",indicator_color1);
      ObjectCreate("PivR2", OBJ_TEXT, 0,0,0);
      ObjectSetText("PivR2", "                                      Weekly R2",fontsize,"Arial",indicator_color2);
      ObjectCreate("PivR1", OBJ_TEXT, 0,0,0);
      ObjectSetText("PivR1", "                                      Weekly R1",fontsize,"Arial",indicator_color3);
      ObjectCreate("PivPP", OBJ_TEXT, 0,0,0);
      ObjectSetText("PivPP", "                                      Weekly Pivot Point",fontsize,"Arial",indicator_color4);
      ObjectCreate("PivS1", OBJ_TEXT, 0,0,0);
      ObjectSetText("PivS1", "                                      Weekly S1",fontsize,"Arial",indicator_color5);
      ObjectCreate("PivS2", OBJ_TEXT, 0,0,0);
      ObjectSetText("PivS2", "                                      Weekly S2",fontsize,"Arial",indicator_color6);
      ObjectCreate("PivS3", OBJ_TEXT, 0,0,0);
      ObjectSetText("PivS3", "                                      Weekly S3",fontsize,"Arial",indicator_color7);
     }
   if(counted_bars<0) return(-1);
//----
   limit=(Bars-counted_bars)-1;
//----
   for(i=limit; i>=0;i--)
     {
      // Monday
      if(1==TimeDayOfWeek(Time[i]) && 1!=TimeDayOfWeek(Time[i+1]) )  // 0=Sunday, 1=Monday, ...
        {
         last_week_close=Close[i+1];
         this_week_open=Open[i];
         
         WH = last_week_high;
         WL = last_week_low;
         WC = last_week_close;
         
         PP = (WH + WL + WC)/3;
         PD = MathAbs(((WH + WL)/2) - PP);
         PRH = PP + PD;
         PRL = PP - PD;
         
			R1 = (2*PP)- WL;
			S1 = (2*PP)- WH;
			R2 = PP+(R1-S1);
			S2 = PP-(R1-S1);
			R3 = (WH + (2*(PP-WL)));
			S3 = (WL - (2*(WH-PP)));
			
         last_week_low  = Low[i];
         last_week_high = High[i];
//----
         ObjectMove("PivR3", 0, Time[i],R3);
         ObjectMove("PivR2", 0, Time[i],R2);
         ObjectMove("PivR1", 0, Time[i],R1);
         ObjectMove("PivPP", 0, Time[i],PP);
         ObjectMove("PivS1", 0, Time[i],S1);
         ObjectMove("PivS2", 0, Time[i],S2);
         ObjectMove("PivS3", 0, Time[i],S3);
        }
      last_week_high=MathMax(last_week_high, High[i]);
      last_week_low=MathMin(last_week_low, Low[i]);
      
      BufferR3[i]=R3;
      BufferR2[i]=R2;
      BufferR1[i]=R1;
      BufferPP[i]=PP;
      BufferS1[i]=S1;
      BufferS2[i]=S2;
      BufferS3[i]=S3;

   DoLabel( "LabPivR3", BufferR3[0], indicator_color1 );
   DoLabel( "LabPivR2", BufferR2[0], indicator_color2 );
   DoLabel( "LabPivR1", BufferR1[0], indicator_color3 );
   DoLabel( "LabPivPP", BufferPP[0], indicator_color4 );
   DoLabel( "LabPivS1", BufferS1[0], indicator_color5 );
   DoLabel( "LabPivS2", BufferS2[0], indicator_color6 );
   DoLabel( "LabPivS3", BufferS3[0], indicator_color7 );
	}
	return(0); }
	
void DoLabel( string dName, double dValue, color dColor )
   {
   if (ObjectFind(dName) != 0)
      {
      ObjectCreate(dName,OBJ_ARROW,0,Time[0],dValue);
      ObjectSet(dName,OBJPROP_ARROWCODE,SYMBOL_RIGHTPRICE);
      ObjectSet(dName,OBJPROP_COLOR,dColor);  
      } 
   else
      {
      ObjectMove(dName,0,Time[0],dValue);
      }
   }      
//+-----------------------------------------------------------------------------------------+
//|                                         THE END                                         |
//+-----------------------------------------------------------------------------------------+



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


Indicator Curves created:

Implements a curve of type DRAW_ARROW


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: