//+------------------------------------------------------------------+
//| _BZ_Skyline.mq4 |
//| Skyline, 2008 |
//| http://www.forexpertutti.it |
//+------------------------------------------------------------------+
#property copyright "Skyline,2008"
#property link "www.forexpertutti.it"
#property indicator_chart_window
#property indicator_buffers 7
#property indicator_color1 White
#property indicator_color2 RoyalBlue
#property indicator_color3 Red
#property indicator_color4 LimeGreen
#property indicator_color5 LimeGreen
#property indicator_color6 SlateBlue
#property indicator_color7 SlateBlue
#property indicator_style1 2
#property indicator_style2 2
#property indicator_style3 2
#property indicator_style4 2
#property indicator_style5 2
#property indicator_style6 2
#property indicator_style7 2
extern double myEntryTrigger = 4 ;
extern double myProfitTarget = 10;
extern double myStopLoss = 7 ;
extern int Shift = 0 ;
extern color myHourColor = DarkGray ;
extern int myStyle = STYLE_DOT;
extern bool ShowLables = false ;
double OpenLine[];
double BuyLine1[];
double BuyLine2[];
double SellLine1[];
double SellLine2[];
double TargetLine1[];
double TargetLine2[];
double StopLossLine1[];
double StopLossLine2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,OpenLine);
SetIndexStyle(1,DRAW_LINE);
SetIndexBuffer(1,BuyLine1);
SetIndexStyle(2,DRAW_LINE);
SetIndexBuffer(2,SellLine1);
SetIndexStyle(3,DRAW_LINE);
SetIndexBuffer(3,TargetLine1);
SetIndexStyle(4,DRAW_LINE);
SetIndexBuffer(4,TargetLine2);
SetIndexStyle(5,DRAW_LINE);
SetIndexBuffer(5,StopLossLine1);
SetIndexStyle(6,DRAW_LINE);
SetIndexBuffer(6,StopLossLine2);
SetIndexShift(0,Shift);
SetIndexShift(1,Shift);
SetIndexShift(2,Shift);
SetIndexShift(3,Shift);
SetIndexShift(4,Shift);
SetIndexShift(5,Shift);
SetIndexShift(6,Shift);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
for ( int i = ObjectsTotal() - 1; i >= 0; i-- )
{
string name = ObjectName( i );
if ( StringFind( name, "HourStart" ) >= 0 )
ObjectDelete( name );
if ( StringFind( name, "Hour" ) >= 0 )
ObjectDelete( name );
if ( StringFind( name,"OpenText" ) >= 0 )
ObjectDelete( name );
if ( StringFind( name, "SellEntry" ) >= 0 )
ObjectDelete( name );
if ( StringFind( name, "BuyEntry" ) >= 0 )
ObjectDelete( name );
if ( StringFind( name, "ProfitTarget1" ) >= 0 )
ObjectDelete( name );
if ( StringFind( name, "ProfitTarget2" ) >= 0 )
ObjectDelete( name );
}
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int limit;
//----
if( TimeHour(Time[0] ) != TimeHour(Time[1]) )
{
double level= (High[1] + Low[1] + Close[1]) / 3;
SetTimeLine("HourStart", "Hour", 0, White, level+10*Point); // draw the vertical bars that marks the time span
}
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
for (int i=0; i<limit; i++)
{
int BarShift = iBarShift(NULL,PERIOD_H1,Time[i],true);
double OpenH1 = iOpen(NULL,PERIOD_H1,BarShift);
OpenLine[i] = OpenH1;
BuyLine1[i] = OpenH1+myEntryTrigger*Point;
SellLine1[i] = OpenH1-myEntryTrigger*Point;
TargetLine1[i] = OpenH1+myProfitTarget*Point;
TargetLine2[i] = OpenH1-myProfitTarget*Point;
StopLossLine1[i] = iClose(NULL,0,i)+ myStopLoss*Point;
StopLossLine2[i] = iClose(NULL,0,i)- myStopLoss*Point;
}
//----
if (ShowLables) DisplayText();
return(0);
}
void DisplayText()
{
double OpenH1 = iOpen(NULL,PERIOD_H1,0);
ObjectDelete("OpenText");
ObjectDelete("SellEntry");
ObjectDelete("BuyEntry");
ObjectDelete("ProfitTarget1");
ObjectDelete("ProfitTarget2");
// Text for Open Price
ObjectCreate("OpenText",OBJ_TEXT,0,Time[0],OpenH1);
ObjectSetText("OpenText","Open price",8,"Verdana",White);
// Text for Sell Entry
ObjectCreate("SellEntry",OBJ_TEXT,0,Time[0],OpenH1-myEntryTrigger*Point);
ObjectSetText("SellEntry","Sell entry",8,"Verdana",Red);
// Text for Buy Entry
ObjectCreate("BuyEntry",OBJ_TEXT,0,Time[0],OpenH1+myEntryTrigger*Point);
ObjectSetText("BuyEntry","Buy entry",8,"Verdana",Blue);
// Text for ProfitTarget1
ObjectCreate("ProfitTarget1",OBJ_TEXT,0,Time[0],OpenH1+myProfitTarget*Point);
ObjectSetText("ProfitTarget1","Profit Target (BUY)",8,"Verdana",Green);
// Text for ProfitTarget2
ObjectCreate("ProfitTarget2",OBJ_TEXT,0,Time[0],OpenH1-myProfitTarget*Point);
ObjectSetText("ProfitTarget2","Profit Target (SELL)",8,"Verdana",Green);
}
//+------------------------------------------------------------------+
void SetTimeLine(string objname, string text, int idx, color col1, double vleveltext)
{
string name= "[PIVOT] " + objname;
int x= Time[idx];
ObjectDelete(" Label");
if (ObjectFind(name) != 0)
ObjectCreate(name, OBJ_TREND, 0, x, 0, x, 100);
else {
ObjectMove(name, 0, x, 0);
ObjectMove(name, 1, x, 100);
}
ObjectSet(name, OBJPROP_STYLE, myStyle);
ObjectSet(name, OBJPROP_COLOR, myHourColor);
if (ObjectFind(name + " Label") != 0)
ObjectCreate(name + " Label", OBJ_TEXT, 0, x, vleveltext);
else
ObjectMove(name + " Label", 0, x, vleveltext);
ObjectSetText(name + " Label", text, 8, "Arial", col1);
}
//----
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
Series array that contains open prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: