//+------------------------------------------------------------------+
//| Yearly Pivot |
//| Copyright © 2006, Profitrader |
//| Coded/Verified by Profitrader |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, Profitrader."
#property link "profitrader@inbox.ru"
#property indicator_chart_window
#property indicator_buffers 7
#property indicator_color1 Orchid
#property indicator_color2 SlateBlue
#property indicator_color3 IndianRed
#property indicator_color4 SlateBlue
#property indicator_color5 IndianRed
#property indicator_color6 DarkOliveGreen
#property indicator_color7 DarkOliveGreen
//---- buffers
double PBuffer[];
double S1Buffer[];
double R1Buffer[];
double S2Buffer[];
double R2Buffer[];
double S3Buffer[];
double R3Buffer[];
double P,S1,R1,S2,R2,S3,R3,last_year_high,last_year_low,last_year_close,this_year_open;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
SetIndexBuffer(0,PBuffer);
SetIndexBuffer(1,S1Buffer);
SetIndexBuffer(2,R1Buffer);
SetIndexBuffer(3,S2Buffer);
SetIndexBuffer(4,R2Buffer);
SetIndexBuffer(5,S3Buffer);
SetIndexBuffer(6,R3Buffer);
SetIndexStyle(0,DRAW_LINE,4,1);
SetIndexStyle(1,DRAW_LINE,4,1);
SetIndexStyle(2,DRAW_LINE,4,1);
SetIndexStyle(3,DRAW_LINE,4,1);
SetIndexStyle(4,DRAW_LINE,4,1);
SetIndexStyle(5,DRAW_LINE,4,1);
SetIndexStyle(6,DRAW_LINE,4,1);
SetIndexLabel(0,"Yearly Pivot Point");
SetIndexLabel(1,"Yearly Support 1");
SetIndexLabel(2,"Yearly Resistant 1");
SetIndexLabel(3,"Yearly Support 2");
SetIndexLabel(4,"Yearly Resistant 2");
SetIndexLabel(5,"Yearly Support 3");
SetIndexLabel(6,"Yearly Resistant 3");
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
ObjectDelete("Yearly Pivot");
ObjectDelete("Yearly Sup1");
ObjectDelete("Yearly Res1");
ObjectDelete("Yearly Sup2");
ObjectDelete("Yearly Res2");
ObjectDelete("Yearly Sup3");
ObjectDelete("Yearly Res3");
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int i,counted_bars=IndicatorCounted();
//---- check for possible errors
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
int limit=Bars-counted_bars;
if(Period()>PERIOD_W1) return(-1);
if(counted_bars==0)
{
ObjectCreate("Yearly Pivot",OBJ_TEXT,0,0,0);
ObjectSetText("Yearly Pivot"," Yearly Pivot Point",10,"Arial",Salmon);
ObjectCreate("Yearly Sup1",OBJ_TEXT,0,0,0);
ObjectSetText("Yearly Sup1"," yS 1",10,"Arial",Salmon);
ObjectCreate("Yearly Res1",OBJ_TEXT,0,0,0);
ObjectSetText("Yearly Res1"," yR 1",10,"Arial",Salmon);
ObjectCreate("Yearly Sup2",OBJ_TEXT,0,0,0);
ObjectSetText("Yearly Sup2"," yS 2",10,"Arial",Salmon);
ObjectCreate("Yearly Res2",OBJ_TEXT,0,0,0);
ObjectSetText("Yearly Res2"," yR 2",10,"Arial",Salmon);
ObjectCreate("Yearly Sup3",OBJ_TEXT,0,0,0);
ObjectSetText("Yearly Sup3"," yS 3",10,"Arial",Salmon);
ObjectCreate("Yearly Res3",OBJ_TEXT,0,0,0);
ObjectSetText("Yearly Res3"," yR 3",10,"Arial",Salmon);
}
for(i=limit-1; i>=0; i--)
{
// 1sts Days of Year
if(TimeDayOfYear(Time[i])<=10 && TimeDayOfYear(Time[i+1])>=355)
{
last_year_close=Close[i+1];
this_year_open=Open[i];
P=(last_year_high+last_year_low+last_year_close+this_year_open)/4;
R1=(2*P)-last_year_low;
S1=(2*P)-last_year_high;
R2=P+(last_year_high-last_year_low);
S2=P-(last_year_high-last_year_low);
R3=(2*P)+(last_year_high-(2*last_year_low));
S3=(2*P)-((2*last_year_high)-last_year_low);
ObjectMove("Yearly Pivot",0,Time[i],P);
ObjectMove("Yearly Sup1",0,Time[i],S1);
ObjectMove("Yearly Res1",0,Time[i],R1);
ObjectMove("Yearly Sup2",0,Time[i],S2);
ObjectMove("Yearly Res2",0,Time[i],R2);
ObjectMove("Yearly Sup3",0,Time[i],S3);
ObjectMove("Yearly Res3",0,Time[i],R3);
last_year_low=Low[i];
last_year_high=High[i];
}
last_year_low=MathMin(last_year_low,Low[i]);
last_year_high=MathMax(last_year_high,High[i]);
PBuffer[i]=P;
S1Buffer[i]=S1;
R1Buffer[i]=R1;
S2Buffer[i]=S2;
R2Buffer[i]=R2;
S3Buffer[i]=S3;
R3Buffer[i]=R3;
}
//----
return(0);
}
//+------------------------------------------------------------------+
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_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: