//+------------------------------------------------------------------------+
//| PivotsDaily.mq4 |
//| |
//+------------------------------------------------------------------------+
#property indicator_chart_window
//#property indicator_separate_window
#property indicator_buffers 7
#property indicator_color1 Lime
#property indicator_color2 Blue
#property indicator_color3 Red
#property indicator_color4 Blue
#property indicator_color5 Red
#property indicator_color6 Blue
#property indicator_color7 Red
//---- input parameters
extern int CountBars=300;
//---- buffers
double PBuffer[];
double S1Buffer[];
double R1Buffer[];
double S2Buffer[];
double R2Buffer[];
double S3Buffer[];
double R3Buffer[];
string Pivot="P",Sup1="S 1", Res1="R 1";
string Sup2="S 2", Res2="R 2", Sup3="S 3", Res3="R 3";
int fontsize=10;
double P,S1,R1,S2,R2,S3,R3;
double LastHigh,LastLow,x;
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- TODO: add your code here
ObjectDelete("CPP");
ObjectDelete("S1");
ObjectDelete("R1");
ObjectDelete("S2");
ObjectDelete("R2");
ObjectDelete("S3");
ObjectDelete("R3");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
IndicatorBuffers(7);
//---- indicator line
SetIndexStyle(0,DRAW_ARROW,2,1,Lime);
SetIndexArrow(0,158);
SetIndexStyle(1,DRAW_ARROW,2,1,Blue);
SetIndexArrow(1,158);
SetIndexStyle(2,DRAW_ARROW,2,1,Red);
SetIndexArrow(2,158);
SetIndexStyle(3,DRAW_ARROW,2,1,Blue);
SetIndexArrow(3,158);
SetIndexStyle(4,DRAW_ARROW,2,1,Red);
SetIndexArrow(4,158);
SetIndexStyle(5,DRAW_ARROW,2,1,Blue);
SetIndexArrow(5,158);
SetIndexStyle(6,DRAW_ARROW,2,1,Red);
SetIndexArrow(6,158);
SetIndexBuffer(0,PBuffer);
SetIndexBuffer(1,S1Buffer);
SetIndexBuffer(2,R1Buffer);
SetIndexBuffer(3,S2Buffer);
SetIndexBuffer(4,R2Buffer);
SetIndexBuffer(5,S3Buffer);
SetIndexBuffer(6,R3Buffer);
//---- name for DataWindow and indicator subwindow label
short_name="CPP";
IndicatorShortName(short_name);
SetIndexLabel(0,short_name);
short_name="R1";
IndicatorShortName(short_name);
SetIndexLabel(2,short_name);
short_name="R2";
IndicatorShortName(short_name);
SetIndexLabel(4,short_name);
short_name="R3";
IndicatorShortName(short_name);
SetIndexLabel(6,short_name);
short_name="S1";
IndicatorShortName(short_name);
SetIndexLabel(1,short_name);
short_name="S2";
IndicatorShortName(short_name);
SetIndexLabel(3,short_name);
short_name="S3";
IndicatorShortName(short_name);
SetIndexLabel(5,short_name);
//----
SetIndexDrawBegin(0,6);
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int limit, i;
//---- indicator calculation
if (counted_bars==0)
{
x=Period();
if (x>CountBars) return(-1);
ObjectCreate("CPP", OBJ_TEXT, 0, 0,0);
ObjectSetText("CPP", " CPP",10,"Arial",Lime);
ObjectCreate("S1", OBJ_TEXT, 0, 0, 0);
ObjectSetText("S1", " S1",10,"Arial",Blue);
ObjectCreate("R1", OBJ_TEXT, 0, 0, 0);
ObjectSetText("R1", " R1",10,"Arial",Red);
ObjectCreate("S2", OBJ_TEXT, 0, 0, 0);
ObjectSetText("S2", " S2",10,"Arial",Blue);
ObjectCreate("R2", OBJ_TEXT, 0, 0, 0);
ObjectSetText("R2", " R2",10,"Arial",Red);
ObjectCreate("S3", OBJ_TEXT, 0, 0, 0);
ObjectSetText("S3", " S3",10,"Arial",Blue);
ObjectCreate("R3", OBJ_TEXT, 0, 0, 0);
ObjectSetText("R3", " R3",10,"Arial",Red);
}
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
// if(counted_bars>0) counted_bars--;
limit=(Bars-counted_bars)-1;
for (i=limit; i>=0;i--)
{
if (High[i+1]>LastHigh) LastHigh=High[i+1];
if (Low[i+1]<LastLow) LastLow=Low[i+1];
if (TimeDay(Time[i])!=TimeDay(Time[i+1]))
{
P=(LastHigh+LastLow+Close[i+1])/3;
R1 = (2*P)-LastLow;
S1 = (2*P)-LastHigh;
R2 = P+(LastHigh - LastLow);
S2 = P-(LastHigh - LastLow);
R3 = (2*P)+(LastHigh-(2*LastLow));
S3 = (2*P)-((2* LastHigh)-LastLow);
LastLow=Open[i]; LastHigh=Open[i];
ObjectMove("CPP", 0, Time[i],P);
ObjectMove("S1", 0, Time[i],S1);
ObjectMove("R1", 0, Time[i],R1);
ObjectMove("S2", 0, Time[i],S2);
ObjectMove("R2", 0, Time[i],R2);
ObjectMove("S3", 0, Time[i],S3);
ObjectMove("R3", 0, Time[i],R3);
}
PBuffer[i]=P;
S1Buffer[i]=S1;
R1Buffer[i]=R1;
S2Buffer[i]=S2;
R2Buffer[i]=R2;
S3Buffer[i]=S3;
R3Buffer[i]=R3;
Comment("R3=",R3Buffer[i],"\n","R2=",R2Buffer[i],"\n","R1=",R1Buffer[i],"\n","CPP=",PBuffer[i],"\n","S1=",S1Buffer[i],"\n","S2=",S2Buffer[i],"\n","S3=",S3Buffer[i]);
}
//----
return(0);
}
//+------------------------------------------------------------------+
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 time of each bar
Series array that contains close prices for each bar
Series array that contains open prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_ARROW
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: