SDX-TzPivots_002
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This script is designed to automatically identify and plot key trading price levels on your chart based on historical data. It specifically focuses on calculating "Pivot Points," which are used by traders to determine potential support and resistance zones during a trading session.
Core Logic and Functionality
Time Zone Synchronization
The script is built with a flexible time zone engine. Because different markets operate in different time zones (e.g., London vs. New York), the tool allows you to define your local computer time versus the specific destination time zone of the market you are analyzing. It automatically calculates the correct "trading day" boundaries regardless of where your server is hosted.
Data Collection
To determine the levels, the script scans the price history to identify three critical pieces of information from the previous trading day:
- The highest price reached (High)
- The lowest price reached (Low)
- The final closing price (Close)
It also monitors the current day's progress to establish the high and low ranges for the present session.
Automated Level Calculations
Once the data is gathered, the script applies several mathematical formulas to generate a variety of technical lines:
- Standard Pivot Points: It calculates a central "Pivot" price and three levels of Resistance (R1, R2, R3) above it, as well as three levels of Support (S1, S2, S3) below it.
- Camarilla Levels: These are specific levels used to identify reversal points and breakout zones.
- Fibonacci Levels: The script identifies key percentages (such as 38.2%, 50%, and 61.8%) based on the previous day's total price range.
- Midpoint Pivots: For more granular analysis, it calculates the exact halfway points between all other pivot levels.
- Sweet Spots: It identifies specific rounded price brackets based on the current live market price.
Visual Presentation and User Experience
The script handles all the "heavy lifting" of drawing on your chart:
- Dynamic Drawing: Instead of cluttering your screen with permanent lines, it creates horizontal lines that update automatically. These lines are labeled clearly (e.g., "R1", "S2") so you can identify them at a glance.
- Visual Markers: It draws vertical dotted lines to clearly mark the beginning and end of the previous trading session, helping you visualize the timeframe being analyzed.
- On-Screen Dashboard: If enabled, the script provides a text comment in the corner of your chart. This serves as a quick reference summary, showing you the total "pip" range for yesterday and today, along with the specific high, low, and closing prices.
- Cleanup: The script includes an automated cleanup routine that removes its own drawings when you remove the tool from the chart, ensuring your workspace remains clean.
How It Helps the Trader
By automating these calculations, the script removes the manual math required to find support and resistance. It provides a structured "roadmap" of the market, allowing you to see where price might stall or bounce based on standard institutional and retail trading formulas.
Miscellaneous
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SDX-TzPivots_002
//+------------------------------------------------------------------+
//| TZ-Pivot.mq4 |
//| |
//| |
//+------------------------------------------------------------------+
#property copyright "Copyright Shimodax"
#property link "http://www.strategybuilderfx.com"
#property indicator_chart_window
/* Introduction:
Calculation of pivot and similar levels based on time zones.
If you want to modify the colors, please scroll down to line
200 and below (where it says "Calculate Levels") and change
the colors. Valid color names can be obtained by placing
the curor on a color name (e.g. somewhere in the word "Orange"
and pressing F1).
Time-Zone Inputs:
LocalTimeZone: TimeZone for which MT4 shows your local time,
e.g. 1 or 2 for Europe (GMT+1 or GMT+2 (daylight
savings time). Use zero for no adjustment.
The MetaQuotes demo server uses GMT +2.
DestTimeZone: TimeZone for the session from which to calculate
the levels (e.g. 1 or 2 for the European session
(without or with daylight savings time).
Use zero for GMT
Example: If your MT server is living in the EST (Eastern Standard Time,
GMT-5) zone and want to calculate the levels for the London trading
session (European time in summer GMT+1), then enter -5 for
LocalTimeZone, 1 for Dest TimeZone.
Please understand that the LocalTimeZone setting depends on the
time on your MetaTrader charts (for example the demo server
from MetaQuotes always lives in CDT (+2) or CET (+1), no matter
what the clock on your wall says.
If in doubt, leave everything to zero.
*/
extern int LocalTimeZone= 0;
extern int DestTimeZone= 0;
extern int LineStyle= 2;
extern int LineThickness= 1;
extern bool ShowComment = false;
extern bool ShowHighLowOpen = false;
extern bool ShowSweetSpots = false;
extern bool ShowPivots = false;
extern bool ShowMidPitvot = false;
extern bool ShowFibos= false;
extern bool ShowCamarilla = true;
extern bool ShowLevelPrices = true;
extern int BarForLabels= 10; // number of bars from right, where lines labels will be shown
extern bool DebugLogger = false;
/*
The following doesn't work yet, please leave it to 0/24:
TradingHoursFrom: First hour of the trading session in the destination
time zone.
TradingHoursTo: Last hour of the trading session in the destination
time zone (the hour starting with this value is excluded,
i.e. 18 means up to 17:59 o'clock)
Example: If you are lving in the EST (Eastern Standard Time, GMT-5)
zone and want to calculate the levels for the London trading
session (European time GMT+1, 08:00 - 17:00), then enter
-5 for LocalTimeZone, 1 for Dest TimeZone, 8 for HourFrom
and 17 for hour to.
*/
int TradingHoursFrom= 0;
int TradingHoursTo= 24;
int digits; //decimal digits for symbol's price
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
deinit();
if (Ask>10) digits=2; else digits=4;
Print("Period= ", Period());
return(0);
}
int deinit()
{
int obj_total= ObjectsTotal();
string gvname;
for (int i= obj_total; i>=0; i--) {
string name= ObjectName(i);
if (StringSubstr(name,0,7)=="[PIVOT]")
ObjectDelete(name);
}
gvname=Symbol()+"st";
GlobalVariableDel(gvname);
gvname=Symbol()+"p";
GlobalVariableDel(gvname);
gvname=Symbol()+"r1";
GlobalVariableDel(gvname);
gvname=Symbol()+"r2";
GlobalVariableDel(gvname);
gvname=Symbol()+"r3";
GlobalVariableDel(gvname);
gvname=Symbol()+"s1";
GlobalVariableDel(gvname);
gvname=Symbol()+"s2";
GlobalVariableDel(gvname);
gvname=Symbol()+"s3";
GlobalVariableDel(gvname);
gvname=Symbol()+"yh";
GlobalVariableDel(gvname);
gvname=Symbol()+"to";
GlobalVariableDel(gvname);
gvname=Symbol()+"yl";
GlobalVariableDel(gvname);
gvname=Symbol()+"ds1";
GlobalVariableDel(gvname);
gvname=Symbol()+"ds2";
GlobalVariableDel(gvname);
gvname=Symbol()+"flm618";
GlobalVariableDel(gvname);
gvname=Symbol()+"flm382";
GlobalVariableDel(gvname);
gvname=Symbol()+"flp382";
GlobalVariableDel(gvname);
gvname=Symbol()+"flp5";
GlobalVariableDel(gvname);
gvname=Symbol()+"fhm382";
GlobalVariableDel(gvname);
gvname=Symbol()+"fhp382";
GlobalVariableDel(gvname);
gvname=Symbol()+"fhp618";
GlobalVariableDel(gvname);
gvname=Symbol()+"h3";
GlobalVariableDel(gvname);
gvname=Symbol()+"h4";
GlobalVariableDel(gvname);
gvname=Symbol()+"l3";
GlobalVariableDel(gvname);
gvname=Symbol()+"l4";
GlobalVariableDel(gvname);
gvname=Symbol()+"mr3";
GlobalVariableDel(gvname);
gvname=Symbol()+"mr2";
GlobalVariableDel(gvname);
gvname=Symbol()+"mr1";
GlobalVariableDel(gvname);
gvname=Symbol()+"ms1";
GlobalVariableDel(gvname);
gvname=Symbol()+"ms2";
GlobalVariableDel(gvname);
gvname=Symbol()+"ms3";
GlobalVariableDel(gvname);
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
static datetime timelastupdate= 0;
static datetime lasttimeframe= 0;
datetime startofday= 0,
startofyesterday= 0;
double today_high= 0,
today_low= 0,
today_open= 0,
yesterday_high= 0,
yesterday_open= 0,
yesterday_low= 0,
yesterday_close= 0;
int idxfirstbaroftoday= 0,
idxfirstbarofyesterday= 0,
idxlastbarofyesterday= 0;
// no need to update these buggers too often
if (CurTime()-timelastupdate<60 && Period()==lasttimeframe)
return (0);
lasttimeframe= Period();
timelastupdate= CurTime();
//---- exit if period is greater than daily charts
if(Period() > 1440) {
Alert("Error - Chart period is greater than 1 day.");
return(-1); // then exit
}
if (DebugLogger) {
Print("Local time current bar:", TimeToStr(Time[0]));
Print("Dest time current bar: ", TimeToStr(Time[0]- (LocalTimeZone - DestTimeZone)*3600), ", tzdiff= ", LocalTimeZone - DestTimeZone);
}
string gvname; double gvval;
// let's find out which hour bars make today and yesterday
ComputeDayIndices(LocalTimeZone, DestTimeZone, idxfirstbaroftoday, idxfirstbarofyesterday, idxlastbarofyesterday);
startofday= Time[idxfirstbaroftoday]; // datetime (x-value) for labes on horizontal bars
gvname=Symbol()+"st";
gvval=startofday;
GlobalVariableSet(gvname,gvval);
startofyesterday= Time[idxfirstbarofyesterday]; // datetime (x-value) for labes on horizontal bars
//
// walk forward through yestday's start and collect high/lows within the same day
//
yesterday_high= -99999; // not high enough to remain alltime high
yesterday_low= +99999; // not low enough to remain alltime low
for (int idxbar= idxfirstbarofyesterday; idxbar>=idxlastbarofyesterday; idxbar--) {
if (yesterday_open==0) // grab first value for open
yesterday_open= Open[idxbar];
yesterday_high= MathMax(High[idxbar], yesterday_high);
yesterday_low= MathMin(Low[idxbar], yesterday_low);
// overwrite close in loop until we leave with the last iteration's value
yesterday_close= Close[idxbar];
}
//
// walk forward through today and collect high/lows within the same day
//
today_open= Open[idxfirstbaroftoday]; // should be open of today start trading hour
today_high= -99999; // not high enough to remain alltime high
today_low= +99999; // not low enough to remain alltime low
for (int j= idxfirstbaroftoday; j>=0; j--) {
today_high= MathMax(today_high, High[j]);
today_low= MathMin(today_low, Low[j]);
}
// draw the vertical bars that marks the time span
double level= (yesterday_high + yesterday_low + yesterday_close) / 3;
SetTimeLine("YesterdayStart", "yesterday", idxfirstbarofyesterday, CadetBlue, level - 4*Point);
SetTimeLine("YesterdayEnd", "today", idxfirstbaroftoday, CadetBlue, level - 4*Point);
if (DebugLogger)
Print("Timezoned values: yo= ", yesterday_open, ", yc =", yesterday_close, ", yhigh= ", yesterday_high, ", ylow= ", yesterday_low, ", to= ", today_open);
//
//---- Calculate Levels
//
double p, q, d, r1,r2,r3, s1,s2,s3;
d = (today_high - today_low);
q = (yesterday_high - yesterday_low);
p = (yesterday_high + yesterday_low + yesterday_close) / 3;
p=NormalizeDouble(p,digits);
gvname=Symbol()+"p";
gvval=p;
GlobalVariableSet(gvname,gvval);
r1 = (2*p)-yesterday_low;
r1=NormalizeDouble(r1,digits);
gvname=Symbol()+"r1";
gvval=r1;
GlobalVariableSet(gvname,gvval);
r2 = p+(yesterday_high - yesterday_low); // r2 = p-s1+r1;
r2=NormalizeDouble(r2,digits);
gvname=Symbol()+"r2";
gvval=r2;
GlobalVariableSet(gvname,gvval);
r3 = (2*p)+(yesterday_high-(2*yesterday_low));
r3=NormalizeDouble(r3,digits);
gvname=Symbol()+"r3";
gvval=r3;
GlobalVariableSet(gvname,gvval);
s1 = (2*p)-yesterday_high;
s1=NormalizeDouble(s1,digits);
gvname=Symbol()+"s1";
gvval=s1;
GlobalVariableSet(gvname,gvval);
s2 = p-(yesterday_high - yesterday_low); // s2 = p-r1+s1;
s2=NormalizeDouble(s2,digits);
gvname=Symbol()+"s2";
gvval=s2;
GlobalVariableSet(gvname,gvval);
s3 = (2*p)-((2* yesterday_high)-yesterday_low);
s3=NormalizeDouble(s3,digits);
gvname=Symbol()+"s3";
gvval=s3;
GlobalVariableSet(gvname,gvval);
//---- High/Low, Open
if (ShowHighLowOpen) {
SetLevel("Y\'s High", yesterday_high, Lime, LineStyle, LineThickness, startofyesterday);
// SetLevel("T\'s Open", today_open, Lime, LineStyle, LineThickness, startofday);
SetLevel("Y\'s Low", yesterday_low, Lime, LineStyle, LineThickness, startofyesterday);
gvname=Symbol()+"yh";
gvval=yesterday_high;
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"to";
gvval=today_open;
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"yl";
gvval=yesterday_low;
GlobalVariableSet(gvname,gvval);
}
//---- High/Low, Open
if (ShowSweetSpots) {
int ssp1, ssp2;
double ds1, ds2;
ssp1= Bid / Point;
ssp1= ssp1 - ssp1%50;
ssp2= ssp1 + 50;
ds1= ssp1*Point;
ds2= ssp2*Point;
SetLevel(DoubleToStr(ds1,Digits), ds1, Gold, LineStyle, LineThickness, Time[10]);
SetLevel(DoubleToStr(ds2,Digits), ds2, Gold, LineStyle, LineThickness, Time[10]);
gvname=Symbol()+"ds1";
gvval=ds1;
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"ds2";
gvval=ds2;
GlobalVariableSet(gvname,gvval);
}
//---- Pivot Lines
if (ShowPivots==true) {
SetLevel("R1", r1, Blue, LineStyle, LineThickness, startofday);
SetLevel("R2", r2, Blue, LineStyle, LineThickness, startofday);
SetLevel("R3", r3, Blue, LineStyle, LineThickness, startofday);
SetLevel("Pivot", p, Magenta, LineStyle, LineThickness, startofday);
SetLevel("S1", s1, Red, LineStyle, LineThickness, startofday);
SetLevel("S2", s2, Red, LineStyle, LineThickness, startofday);
SetLevel("S3", s3, Red, LineStyle, LineThickness, startofday);
}
//---- Fibos of yesterday's range
if (ShowFibos) {
// .618, .5 and .382
SetLevel("Low - 61.8%", yesterday_low - q*0.618, Yellow, LineStyle, LineThickness, startofday);
SetLevel("Low - 38.2%", yesterday_low - q*0.382, Yellow, LineStyle, LineThickness, startofday);
SetLevel("Low + 38.2%", yesterday_low + q*0.382, Yellow, LineStyle, LineThickness, startofday);
SetLevel("LowHigh 50%", yesterday_low + q*0.5, Yellow, LineStyle, LineThickness, startofday);
SetLevel("High - 38.2%", yesterday_high - q*0.382, Yellow, LineStyle, LineThickness, startofday);
SetLevel("High + 38.2%", yesterday_high + q*0.382, Yellow, LineStyle, LineThickness, startofday);
SetLevel("High + 61.8%", yesterday_high + q*0.618, Yellow, LineStyle, LineThickness, startofday);
gvname=Symbol()+"flm618";
gvval=yesterday_low - q*0.618;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"flm382";
gvval=yesterday_low - q*0.382;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"flp382";
gvval=yesterday_low + q*0.382;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"flp5";
gvval=yesterday_low + q*0.5;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"fhm382";
gvval=yesterday_high - q*0.382;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"fhp382";
gvval=yesterday_high + q*0.382;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"fhp618";
gvval=yesterday_high + q*0.618;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
}
//----- Camarilla Lines
if (ShowCamarilla==true) {
double h4,h3,l4,l3;
h4 = (q*0.55)+yesterday_close;
h3 = (q*0.27)+yesterday_close;
l3 = yesterday_close-(q*0.27);
l4 = yesterday_close-(q*0.55);
SetLevel("H3", h3, White, LineStyle, LineThickness, startofday);
SetLevel("H4", h4, White, LineStyle, LineThickness, startofday);
SetLevel("L3", l3, White, LineStyle, LineThickness, startofday);
SetLevel("L4", l4, White, LineStyle, LineThickness, startofday);
gvname=Symbol()+"h3";
gvval=h3;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"h4";
gvval=h4;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"l3";
gvval=l3;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"l4";
gvval=l4;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
}
//------ Midpoints Pivots
if (ShowMidPitvot==true) {
// mid levels between pivots
SetLevel("MR3", (r2+r3)/2, Green, LineStyle, LineThickness, startofday);
SetLevel("MR2", (r1+r2)/2, Green, LineStyle, LineThickness, startofday);
SetLevel("MR1", (p+r1)/2, Green, LineStyle, LineThickness, startofday);
SetLevel("MS1", (p+s1)/2, Green, LineStyle, LineThickness, startofday);
SetLevel("MS2", (s1+s2)/2, Green, LineStyle, LineThickness, startofday);
SetLevel("MS3", (s2+s3)/2, Green, LineStyle, LineThickness, startofday);
gvname=Symbol()+"mr3";
gvval=(r2+r3)/2;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"mr2";
gvval=(r1+r2)/2;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"mr1";
gvval=(p+r1)/2;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"ms1";
gvval=(p+s1)/2;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"ms2";
gvval=(p+s2)/2;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
gvname=Symbol()+"ms3";
gvval=(p+s3)/2;
gvval=NormalizeDouble(gvval,digits);
GlobalVariableSet(gvname,gvval);
}
//------ Comment for upper left corner
if (ShowComment) {
string comment= "";
// comment= comment + "-- Good luck with your trading! ---\n";
comment= comment + "Range: Yesterday "+DoubleToStr(MathRound(q/Point),0) +" pips, Today "+DoubleToStr(MathRound(d/Point),0)+" pips" + "\n";
comment= comment + "Highs: Yesterday "+DoubleToStr(yesterday_high,Digits) +", Today "+DoubleToStr(today_high,Digits) +"\n";
comment= comment + "Lows: Yesterday "+DoubleToStr(yesterday_low,Digits) +", Today "+DoubleToStr(today_low,Digits) +"\n";
comment= comment + "Close: Yesterday "+DoubleToStr(yesterday_close,Digits) + "\n";
// comment= comment + "Pivot: " + DoubleToStr(p,Digits) + ", S1/2/3: " + DoubleToStr(s1,Digits) + "/" + DoubleToStr(s2,Digits) + "/" + DoubleToStr(s3,Digits) + "\n" ;
// comment= comment + "Fibos: " + DoubleToStr(yesterday_low + q*0.382, Digits) + ", " + DoubleToStr(yesterday_high - q*0.382,Digits) + "\n";
Comment(comment);
}
return(0);
}
//+------------------------------------------------------------------+
//| Compute index of first/last bar of yesterday and today |
//+------------------------------------------------------------------+
void ComputeDayIndices(int tzlocal, int tzdest, int &idxfirstbaroftoday, int &idxfirstbarofyesterday, int &idxlastbarofyesterday)
{
int tzdiff= tzlocal - tzdest,
tzdiffsec= tzdiff*3600,
dayminutes= 24 * 60,
barsperday= dayminutes/Period();
int dayofweektoday= TimeDayOfWeek(Time[0] - tzdiffsec), // what day is today in the dest timezone?
dayofweektofind= -1;
//
// due to gaps in the data, and shift of time around weekends (due
// to time zone) it is not as easy as to just look back for a bar
// with 00:00 time
//
idxfirstbaroftoday= 0;
idxfirstbarofyesterday= 0;
idxlastbarofyesterday= 0;
switch (dayofweektoday) {
case 6: // sat
case 0: // sun
case 1: // mon
dayofweektofind= 5; // yesterday in terms of trading was previous friday
break;
default:
dayofweektofind= dayofweektoday -1;
break;
}
if (DebugLogger) {
Print("Dayofweektoday= ", dayofweektoday);
Print("Dayofweekyesterday= ", dayofweektofind);
}
// search backwards for the last occrrence (backwards) of the day today (today's first bar)
for (int i=1; i<=barsperday+1; i++) {
datetime timet= Time[i] - tzdiffsec;
if (TimeDayOfWeek(timet)!=dayofweektoday) {
idxfirstbaroftoday= i-1;
break;
}
}
// search backwards for the first occrrence (backwards) of the weekday we are looking for (yesterday's last bar)
for (int j= 0; j<=2*barsperday+1; j++) {
datetime timey= Time[i+j] - tzdiffsec;
if (TimeDayOfWeek(timey)==dayofweektofind) { // ignore saturdays (a Sa may happen due to TZ conversion)
idxlastbarofyesterday= i+j;
break;
}
}
// search backwards for the first occurrence of weekday before yesterday (to determine yesterday's first bar)
for (j= 1; j<=barsperday; j++) {
datetime timey2= Time[idxlastbarofyesterday+j] - tzdiffsec;
if (TimeDayOfWeek(timey2)!=dayofweektofind) { // ignore saturdays (a Sa may happen due to TZ conversion)
idxfirstbarofyesterday= idxlastbarofyesterday+j-1;
break;
}
}
if (DebugLogger) {
Print("Dest time zone\'s current day starts:", TimeToStr(Time[idxfirstbaroftoday]),
" (local time), idxbar= ", idxfirstbaroftoday);
Print("Dest time zone\'s previous day starts:", TimeToStr(Time[idxfirstbarofyesterday]),
" (local time), idxbar= ", idxfirstbarofyesterday);
Print("Dest time zone\'s previous day ends:", TimeToStr(Time[idxlastbarofyesterday]),
" (local time), idxbar= ", idxlastbarofyesterday);
}
}
//+------------------------------------------------------------------+
//| Helper |
//+------------------------------------------------------------------+
void SetLevel(string text, double level, color col1, int linestyle, int thickness, datetime startofday)
{
int digits= Digits;
string labelname= "[PIVOT] " + text + " Label",
linename= "[PIVOT] " + text + " Line",
pricelabel;
// create or move the horizontal line
if (ObjectFind(linename) != 0) {
ObjectCreate(linename, OBJ_TREND, 0, startofday, level, Time[0],level);
ObjectSet(linename, OBJPROP_STYLE, linestyle);
ObjectSet(linename, OBJPROP_COLOR, col1);
ObjectSet(linename, OBJPROP_WIDTH, thickness);
}
else {
ObjectMove(linename, 1, Time[0],level);
ObjectMove(linename, 0, startofday, level);
}
// put a label on the line
if (ObjectFind(labelname) != 0) {
ObjectCreate(labelname, OBJ_TEXT, 0, MathMin(Time[BarForLabels], startofday + 2*Period()*60), level);
}
else {
ObjectMove(labelname, 0, MathMin(Time[BarForLabels], startofday+2*Period()*60), level);
}
pricelabel= " " + text;
if (ShowLevelPrices && StrToInteger(text)==0)
pricelabel= pricelabel + ": "+DoubleToStr(level, Digits);
ObjectSetText(labelname, pricelabel, 8, "Arial", White);
}
//+------------------------------------------------------------------+
//| Helper |
//+------------------------------------------------------------------+
void SetTimeLine(string objname, string text, int idx, color col1, double vleveltext)
{
string name= "[PIVOT] " + objname;
int x= Time[idx];
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, STYLE_DOT);
ObjectSet(name, OBJPROP_COLOR, DarkGray);
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);
}
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