//+--------------------------------------------------------------------------------+
//| Float.mq4 |
//| Copyright © 2005 Barry Stander Barry_Stander_4@yahoo.com |
//| http://www.4Africa.net/4meta/ |
//| Float |
//+--------------------------------------------------------------------------------+
#property copyright "Float converted from MT3 to MT4"
#property link "http://www.4Africa.net/4meta/"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red
// Var //////////////////////////////////////////////////////////////
extern int float=200,use_fibos=1,Backtesting=0;
string short_name;
double f,c1,high_bar,Low_bar,bars_high,bars_low;
double cumulativeV,FLOATV,cumulativeV2,loopbegin2,swing;
double swingv,loopbegin1,cnt,prevbars;
double newcv,CV,CV2;
double fib23,fib38,fib50,fib62,fib76;
double dinap0,dinap1,dinap2,dinap3,dinap4,dinap5;
double CVL,CVL1,CVL2,CVL3,CVL4;
double Buffer1[];
double Buffer2[];
bool first = true , first1 = true;
int shift,swing_time;
int cvstart,cvend,bar;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
IndicatorBuffers(2);
ObjectDelete("swingtop");
ObjectDelete("swingbottom");
ObjectDelete( "fib23" );
ObjectDelete( "fib38" );
ObjectDelete( "fib50" );
ObjectDelete( "fib62" );
ObjectDelete( "fib76" );
ObjectDelete( "fib23t" );
ObjectDelete( "fib38t" );
ObjectDelete( "fib50t" );
ObjectDelete( "fib62t" );
ObjectDelete( "fib76t" );
ObjectDelete( "dinap0" );
ObjectDelete( "dinap1" );
ObjectDelete( "dinap2" );
ObjectDelete( "dinap3" );
ObjectDelete( "dinap4" );
ObjectDelete( "dinap5" );
ObjectDelete("CVSTART");
ObjectDelete("CVEND");
ObjectDelete("swingend");
ObjectDelete("swingend2");
ObjectDelete("swingend3");
ObjectDelete("swingend4");
ObjectDelete("swingend5");
ObjectDelete("swingend6");
ObjectDelete("swingend7");
ObjectDelete("swingend8");
ObjectDelete("swingend9");
short_name="Float";
IndicatorShortName(short_name);
SetIndexLabel(0,short_name);
SetIndexStyle(0,DRAW_HISTOGRAM );
SetIndexBuffer(0,Buffer1);
SetIndexDrawBegin(0,Buffer1);
SetIndexStyle(1,DRAW_LINE );
SetIndexBuffer(1,Buffer2);
SetIndexDrawBegin(1,Buffer2);
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
ObjectDelete("swingtop");
ObjectDelete("swingbottom");
ObjectDelete( "fib23" );
ObjectDelete( "fib38" );
ObjectDelete( "fib50" );
ObjectDelete( "fib62" );
ObjectDelete( "fib76" );
ObjectDelete( "fib23t" );
ObjectDelete( "fib38t" );
ObjectDelete( "fib50t" );
ObjectDelete( "fib62t" );
ObjectDelete( "fib76t" );
ObjectDelete( "dinap0" );
ObjectDelete( "dinap1" );
ObjectDelete( "dinap2" );
ObjectDelete( "dinap3" );
ObjectDelete( "dinap4" );
ObjectDelete( "dinap5" );
ObjectDelete("CVSTART");
ObjectDelete("CVEND");
ObjectDelete("swingend");
ObjectDelete("swingend2");
ObjectDelete("swingend3");
ObjectDelete("swingend4");
ObjectDelete("swingend5");
ObjectDelete("swingend6");
ObjectDelete("swingend7");
ObjectDelete("swingend8");
ObjectDelete("swingend9");
Comment("");
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
if(counted_bars<0) return(-1); // Exit if na data
cumulativeV=0;
cumulativeV2=0;
int SetLoopCount=0;
if( Bars < prevbars || Bars-prevbars>1 ) //If 1
{
first = True;
first1 = True;
prevbars = Bars;
FLOATV=0;
if( first ) //if 2
{
loopbegin1 = Bars-float-1;
loopbegin2 = Bars-float-1;
first = False;
loopbegin1 = loopbegin1+1;
for( shift=loopbegin1;shift>=0;shift--) // for 1
{
//find high and low
high_bar = High[Highest(NULL,0,MODE_HIGH,float,1)];
Low_bar = Low[Lowest(NULL,0,MODE_LOW,float,1)];
//find bar counts
bars_high = Highest(NULL,0,MODE_HIGH,float,1);
bars_low = Lowest(NULL,0,MODE_LOW,float,1);
//find swing price differance
swing = High[Highest(NULL,0,MODE_HIGH,float,1)] - Low[Lowest(NULL,0,MODE_LOW,float,1)];
//find float time barcount
swing_time = MathAbs(bars_low-bars_high);
//find cumulative volume for float period
if( bars_high < bars_low )
{
cvstart=bars_low;
cvend=bars_high;
}
else
{
cvstart=bars_high;
cvend=bars_low;
}
if( first1 && FLOATV == 0 ) // if 3
{
for( shift=cvstart;shift>=cvend;shift--)
{
FLOATV=FLOATV+Volume[shift];
first1 = False;}
}
}
//find cumulative volume since last turnover
for( shift=cvstart;shift>=0;shift--) // for 2
{
cumulativeV=cumulativeV+Volume[shift];
if( cumulativeV >= FLOATV )
{
cumulativeV=0;
}
Buffer1[shift] = cumulativeV*0.001; //Blue
Buffer2[shift] = FLOATV*0.001; //Red
Comment(
"\n","high was ",bars_high," bars ago",
"\n","Low was ",bars_low," bars ago","\n",
"\n","Float time was = ", swing_time," bars",
"\n","Float Vol. left = ",FLOATV-cumulativeV,
"\n","Float Volume = ",FLOATV,
);
ObjectDelete("swingtop");
ObjectCreate("swingtop", OBJ_TREND , 0, Time[cvstart],high_bar,Time[1],high_bar);
ObjectSet("swingtop" , OBJPROP_STYLE, STYLE_SOLID);
ObjectSet("swingtop" , OBJPROP_COLOR , Blue );
ObjectSet("swingtop" , OBJPROP_RAY , 0 );
ObjectSet("swingtop" , OBJPROP_WIDTH , 1 );
ObjectDelete("swingbottom");
ObjectCreate("swingbottom", OBJ_TREND , 0, Time[cvstart],Low_bar,Time[1],Low_bar);
ObjectSet("swingbottom" , OBJPROP_STYLE, STYLE_SOLID);
ObjectSet("swingbottom" , OBJPROP_COLOR , Blue );
ObjectSet("swingbottom" , OBJPROP_RAY , 0 );
ObjectSet("swingbottom" , OBJPROP_WIDTH , 1 );
//fibos
if( use_fibos == 1 )
{
ObjectDelete( "fib23" );
ObjectDelete( "fib38" );
ObjectDelete( "fib50" );
ObjectDelete( "fib62" );
ObjectDelete( "fib76" );
ObjectDelete( "dinap0" );
ObjectDelete( "dinap1" );
ObjectDelete( "dinap2" );
ObjectDelete( "dinap3" );
ObjectDelete( "dinap4" );
ObjectDelete( "dinap5" );
fib23=((high_bar-Low_bar)*0.236)+Low_bar;
fib38=((high_bar-Low_bar)*0.382)+Low_bar;
fib50=((high_bar-Low_bar)/2)+Low_bar;
fib62=((high_bar-Low_bar)*0.618)+Low_bar;
fib76=((high_bar-Low_bar)*0.764)+Low_bar;
dinap0=(Low_bar+fib23)/2;
dinap1=(fib23+fib38)/2;
dinap2=(fib38+fib50)/2;
dinap3=(fib50+fib62)/2;
dinap4=(fib62+fib76)/2;
dinap5=(high_bar+fib76)/2;
ObjectCreate("fib23", OBJ_TREND , 0, Time[cvstart],fib23,Time[1],fib23 );
ObjectSet("fib23" , OBJPROP_STYLE, STYLE_DASH );
ObjectSet("fib23" , OBJPROP_COLOR , Green );
ObjectSet("fib23" , OBJPROP_RAY , 0 );
ObjectSet("fib23" , OBJPROP_WIDTH , 1 );
ObjectCreate("fib23t", OBJ_TEXT , 0, Time[1],fib23 );
ObjectSetText("fib23t" , "23.6", 8 , "Arial", Green);
ObjectCreate("fib38", OBJ_TREND , 0, Time[cvstart],fib38,Time[1],fib38 );
ObjectSet("fib38" , OBJPROP_STYLE, STYLE_DASH );
ObjectSet("fib38" , OBJPROP_COLOR , Green );
ObjectSet("fib38" , OBJPROP_RAY , 0 );
ObjectSet("fib38" , OBJPROP_WIDTH , 1 );
ObjectCreate("fib38t", OBJ_TEXT , 0, Time[1],fib38 );
ObjectSetText("fib38t" , "38.2", 8 , "Arial", Green);
ObjectCreate("fib50", OBJ_TREND , 0, Time[cvstart],fib50,Time[1],fib50 );
ObjectSet("fib50" , OBJPROP_STYLE, STYLE_SOLID );
ObjectSet("fib50" , OBJPROP_COLOR , Red );
ObjectSet("fib50" , OBJPROP_RAY , 0 );
ObjectSet("fib50" , OBJPROP_WIDTH , 2 );
ObjectCreate("fib50t", OBJ_TEXT , 0, Time[1],fib50 );
ObjectSetText("fib50t" , "50", 8 , "Arial", Green);
ObjectCreate("fib62", OBJ_TREND , 0, Time[cvstart],fib62,Time[1],fib62 );
ObjectSet("fib62" , OBJPROP_STYLE, STYLE_DASH );
ObjectSet("fib62" , OBJPROP_COLOR , Green );
ObjectSet("fib62" , OBJPROP_RAY , 0 );
ObjectSet("fib62" , OBJPROP_WIDTH , 1 );
ObjectCreate("fib62t", OBJ_TEXT , 0, Time[1],fib62 );
ObjectSetText("fib62t" , "61.8", 8 , "Arial", Green);
ObjectCreate("fib76", OBJ_TREND , 0, Time[cvstart],fib76,Time[1],fib76 );
ObjectSet("fib76" , OBJPROP_STYLE, STYLE_DASH );
ObjectSet("fib76" , OBJPROP_COLOR , Green );
ObjectSet("fib76" , OBJPROP_RAY , 0 );
ObjectSet("fib76" , OBJPROP_WIDTH , 1 );
ObjectCreate("fib76t", OBJ_TEXT , 0, Time[1],fib76 );
ObjectSetText("fib76t" , "76.4", 8 , "Arial", Green);
ObjectCreate("dinap0", OBJ_TREND , 0, Time[cvstart],dinap0,Time[1],dinap0 );
ObjectSet("dinap0" , OBJPROP_STYLE, STYLE_DOT );
ObjectSet("dinap0" , OBJPROP_COLOR , Red );
ObjectSet("dinap0" , OBJPROP_RAY , 0 );
ObjectSet("dinap0" , OBJPROP_WIDTH , 1 );
ObjectCreate("dinap1", OBJ_TREND , 0, Time[cvstart],dinap1,Time[1],dinap1 );
ObjectSet("dinap1" , OBJPROP_STYLE, STYLE_DOT );
ObjectSet("dinap1" , OBJPROP_COLOR , Red );
ObjectSet("dinap1" , OBJPROP_RAY , 0 );
ObjectSet("dinap1" , OBJPROP_WIDTH , 1 );
ObjectCreate("dinap2", OBJ_TREND , 0, Time[cvstart],dinap2,Time[1],dinap2 );
ObjectSet("dinap2" , OBJPROP_STYLE, STYLE_DOT );
ObjectSet("dinap2" , OBJPROP_COLOR , Red );
ObjectSet("dinap2" , OBJPROP_RAY , 0 );
ObjectSet("dinap2" , OBJPROP_WIDTH , 1 );
ObjectCreate("dinap3", OBJ_TREND , 0, Time[cvstart],dinap3,Time[1],dinap3 );
ObjectSet("dinap3" , OBJPROP_STYLE, STYLE_DOT );
ObjectSet("dinap3" , OBJPROP_COLOR , Red );
ObjectSet("dinap3" , OBJPROP_RAY , 0 );
ObjectSet("dinap3" , OBJPROP_WIDTH , 1 );
ObjectCreate("dinap4", OBJ_TREND , 0, Time[cvstart],dinap4,Time[1],dinap4 );
ObjectSet("dinap4" , OBJPROP_STYLE, STYLE_DOT );
ObjectSet("dinap4" , OBJPROP_COLOR , Red );
ObjectSet("dinap4" , OBJPROP_RAY , 0 );
ObjectSet("dinap4" , OBJPROP_WIDTH , 1 );
ObjectCreate("dinap5", OBJ_TREND , 0, Time[cvstart],dinap5,Time[1],dinap5 );
ObjectSet("dinap5" , OBJPROP_STYLE, STYLE_DOT );
ObjectSet("dinap5" , OBJPROP_COLOR , Red );
ObjectSet("dinap5" , OBJPROP_RAY , 0 );
ObjectSet("dinap5" , OBJPROP_WIDTH , 1 );
}
else
{
ObjectDelete( "fib23" );
ObjectDelete( "fib38" );
ObjectDelete( "fib50" );
ObjectDelete( "fib62" );
ObjectDelete( "fib76" );
ObjectDelete( "dinap0" );
ObjectDelete( "dinap1" );
ObjectDelete( "dinap2" );
ObjectDelete( "dinap3" );
ObjectDelete( "dinap4" );
ObjectDelete( "dinap5" );
}
//vert. float lines. these draw the lines that calculate the float
//if you change "trendline" to "Vline" it will draw through oscillators too.might be fun
ObjectDelete("CVSTART");
ObjectCreate("CVSTART", OBJ_TREND , 0, Time[cvstart],high_bar,Time[cvstart],Low_bar*Point);
ObjectSet("CVSTART" , OBJPROP_STYLE, STYLE_SOLID);
ObjectSet("CVSTART" , OBJPROP_COLOR , Blue );
ObjectSet("CVSTART" , OBJPROP_RAY , 0 );
ObjectSet("CVSTART" , OBJPROP_WIDTH , 1 );
ObjectDelete("CVEND");
ObjectCreate("CVEND", OBJ_TREND , 0, Time[cvend],high_bar,Time[cvend],Low_bar*Point);
ObjectSet("CVEND" , OBJPROP_STYLE, STYLE_SOLID);
ObjectSet("CVEND" , OBJPROP_COLOR , Blue );
ObjectSet("CVEND" , OBJPROP_RAY , 0 );
ObjectSet("CVEND" , OBJPROP_WIDTH , 1 );
//vert float predictions. These are only time based.
//see blue histogram for real float values.
//if you change "trendline" to "Vline" it will draw through oscillators too.might be fun
if ( cvend-swing_time > 0 )
{
ObjectDelete("swingend");
ObjectCreate("swingend", OBJ_TREND , 0, Time[(cvend-swing_time)+5],high_bar,Time[cvend-swing_time+5],Low_bar);
ObjectSet("swingend" , OBJPROP_STYLE, STYLE_DOT);
ObjectSet("swingend" , OBJPROP_COLOR , Red );
ObjectSet("swingend" , OBJPROP_RAY , 0 );
ObjectSet("swingend" , OBJPROP_WIDTH , 1 );
}
else ObjectDelete("swingend");
if( cvend-(swing_time*2)>0 )
{
ObjectDelete("swingend2");
ObjectCreate("swingend2", OBJ_TREND , 0, Time[(cvend-(swing_time*2))+5],high_bar,Time[cvend-(swing_time*2)+5],Low_bar);
ObjectSet("swingend2" , OBJPROP_STYLE, STYLE_DOT);
ObjectSet("swingend2" , OBJPROP_COLOR , Red );
ObjectSet("swingend2", OBJPROP_RAY , 0 );
ObjectSet("swingend2" , OBJPROP_WIDTH , 1 );
}
else ObjectDelete("swingend2");
if( cvend-(swing_time*3)>0 )
{
ObjectDelete("swingend3");
ObjectCreate("swingend3", OBJ_TREND , 0, Time[(cvend-(swing_time*3))+5],high_bar,Time[cvend-(swing_time*3)+5],Low_bar);
ObjectSet("swingend3" , OBJPROP_STYLE, STYLE_DOT);
ObjectSet("swingend3" , OBJPROP_COLOR , Red );
ObjectSet("swingend3", OBJPROP_RAY , 0 );
ObjectSet("swingend3" , OBJPROP_WIDTH , 1 );
}
else ObjectDelete("swingend3");
if( cvend-(swing_time*4)>0 )
{
ObjectDelete("swingend4");
ObjectCreate("swingend4", OBJ_TREND , 0, Time[(cvend-(swing_time*4))+5],high_bar,Time[cvend-(swing_time*4)+5],Low_bar);
ObjectSet("swingend4" , OBJPROP_STYLE, STYLE_DOT);
ObjectSet("swingend4" , OBJPROP_COLOR , Red );
ObjectSet("swingend4", OBJPROP_RAY , 0 );
ObjectSet("swingend4" , OBJPROP_WIDTH , 1 );
}
else ObjectDelete("swingend4");
if( cvend-(swing_time*5)>0 )
{
ObjectDelete("swingend5");
ObjectCreate("swingend5", OBJ_TREND , 0, Time[(cvend-(swing_time*5))+5],high_bar,Time[cvend-(swing_time*5)+5],Low_bar);
ObjectSet("swingend5" , OBJPROP_STYLE, STYLE_DOT);
ObjectSet("swingend5" , OBJPROP_COLOR , Red );
ObjectSet("swingend5", OBJPROP_RAY , 0 );
ObjectSet("swingend5" , OBJPROP_WIDTH , 1 );
}
else ObjectDelete("swingend5");
if( cvend-(swing_time*6)>0 )
{
ObjectDelete("swingend6");
ObjectCreate("swingend6", OBJ_TREND , 0, Time[cvend-(swing_time*6)+5],high_bar,Time[cvend-(swing_time*6)+5],Low_bar);
ObjectSet("swingend6" , OBJPROP_STYLE, STYLE_DOT);
ObjectSet("swingend6" , OBJPROP_COLOR , Red );
ObjectSet("swingend6", OBJPROP_RAY , 0 );
ObjectSet("swingend6" , OBJPROP_WIDTH , 1 );
}
else ObjectDelete("swingend6");
if( cvend-(swing_time*7)>0 )
{
ObjectDelete("swingend7");
ObjectCreate("swingend7", OBJ_TREND , 0, Time[cvend-(swing_time*7)+5],high_bar,Time[cvend-(swing_time*7)+5],Low_bar);
ObjectSet("swingend7" , OBJPROP_STYLE, STYLE_DOT);
ObjectSet("swingend7" , OBJPROP_COLOR , Red );
ObjectSet("swingend7", OBJPROP_RAY , 0 );
ObjectSet("swingend7" , OBJPROP_WIDTH , 1 );
}
else ObjectDelete("swingend7");
if( cvend-(swing_time*8)>0 )
{
ObjectDelete("swingend8");
ObjectCreate("swingend8", OBJ_TREND , 0, Time[cvend-(swing_time*8)+5],high_bar,Time[cvend-(swing_time*8)+5],Low_bar);
ObjectSet("swingend8" , OBJPROP_STYLE, STYLE_DOT);
ObjectSet("swingend8" , OBJPROP_COLOR , Red );
ObjectSet("swingend8", OBJPROP_RAY , 0 );
ObjectSet("swingend8" , OBJPROP_WIDTH , 1 );
}
else ObjectDelete("swingend8");
if( cvend-(swing_time*9)>0 )
{
ObjectDelete("swingend9");
ObjectCreate("swingend9", OBJ_TREND , 0, Time[cvend-(swing_time*9)+5],high_bar,Time[cvend-(swing_time*9)+5],Low_bar);
ObjectSet("swingend9" , OBJPROP_STYLE, STYLE_DOT);
ObjectSet("swingend9" , OBJPROP_COLOR , Red );
ObjectSet("swingend9", OBJPROP_RAY , 0 );
ObjectSet("swingend9" , OBJPROP_WIDTH , 1 );
}
else ObjectDelete("swingend9");
//comment out anything you"re not using it will help with speed.
if( Backtesting == 1 )
{
GlobalVariableSet("fib23",fib23);
GlobalVariableSet("fib38",fib38);
GlobalVariableSet("fib50",fib50);
GlobalVariableSet("fib62",fib62);
GlobalVariableSet("fib76",fib76);
GlobalVariableSet("dinap0",dinap0);
GlobalVariableSet("dinap1",dinap1);
GlobalVariableSet("dinap2",dinap2);
GlobalVariableSet("dinap3",dinap3);
GlobalVariableSet("dinap4",dinap4);
GlobalVariableSet("dinap5",dinap5);
GlobalVariableSet("swingtop",high_bar);
GlobalVariableSet("swingbottom",Low_bar);
GlobalVariableSet("CVSTART",cvstart);
GlobalVariableSet("CVEND",cvend);
GlobalVariableSet("FLOATV",FLOATV);
GlobalVariableSet("cumulativeV",cumulativeV);
GlobalVariableSet("swing_time",swing_time);
GlobalVariableSet("bars_high",bars_high);
GlobalVariableSet("bars_low",bars_low);
if( cvend-swing_time>0 )
GlobalVariableSet("swingend",(cvend-swing_time)+5);
if( cvend-(swing_time*2)>0 )
GlobalVariableSet("swingend2",cvend-(swing_time*2)+5);
if( cvend-(swing_time*3)>0 )
GlobalVariableSet("swingend3",cvend-(swing_time*3)+5);
if( cvend-(swing_time*4)>0 )
GlobalVariableSet("swingend4",cvend-(swing_time*4)+5);
if( cvend-(swing_time*5)>0 )
GlobalVariableSet("swingend5",cvend-(swing_time*5)+5);
if( cvend-(swing_time*6)>0 )
GlobalVariableSet("swingend6",cvend-(swing_time*6)+5);
if( cvend-(swing_time*7)>0 )
GlobalVariableSet("swingend7",cvend-(swing_time*7)+5);
if( cvend-(swing_time*8)>0 )
GlobalVariableSet("swingend8",cvend-(swing_time*8)+5);
if( cvend-(swing_time*9)>0 )
GlobalVariableSet("swingend9",cvend-(swing_time*9)+5);
} // end Backtesting
}
}
}
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 tick volumes of each bar
Series array that contains open time of each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: