3dayshilo
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This tool is designed to provide traders with a clear visual overview of historical price extremes by identifying and plotting the high and low points of the three most recent completed trading days. By simplifying complex historical data into distinct visual markers, it helps users identify key support and resistance levels that have been established in the very near past.
Core Functionality
Historical Data Capture The script automatically scans the market history to extract three specific pieces of information for each of the last three days:
- The highest price reached during that day.
- The lowest price reached during that day.
- The exact time those days began.
Visual Mapping Once these values are captured, the script renders horizontal dotted lines on your chart. Each day is assigned a unique color (White, Gray, and Gold), allowing you to immediately distinguish between yesterday’s range, the day before, and the day prior to that. These lines extend from the start of their respective days toward the current time, creating a "map" of the recent price action.
Real-Time Performance Tracking In addition to the historical lines, the tool includes a dynamic information display on the chart. It calculates the "Today's Range"—the distance between the current day's highest and lowest points—and displays this as a live statistic. This allows you to monitor the current day's volatility in real-time alongside the historical context provided by the three-day lines.
Practical Application
By visualizing these levels, the tool helps traders see where the market has "tested" prices recently. Instead of searching through hundreds of candles to find out how high or low the market went a few days ago, the script brings that information directly onto your screen, highlighting significant zones that may influence current price movement.
//+------------------------------------------------------------------+
//|
//| 3DaysHiLo.mq4
//|
//| http://free-bonus-deposit.blogspot.com/
//|
//+------------------------------------------------------------------+
#property indicator_chart_window
#property link "http://free-bonus-deposit.blogspot.com/"
input color Day1Color=clrWhite;
input color Day2Color=clrGray;
input color Day3Color=clrGold;
input int LineWidth=2;
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int init()
{
return(0);
}
//--------------------------------------------------------
int deinit()
{
ObjectDelete("Day1Hi");
ObjectDelete("Day1Lo");
ObjectDelete("Day2Hi");
ObjectDelete("Day2Lo");
ObjectDelete("Day3Hi");
ObjectDelete("Day3Lo");
return(0);
}
//---------------------------------------------------------
int start()
{
double D1Hi=iHigh(Symbol(),1440,1);
double D1Lo=iLow(Symbol(),1440,1);
datetime D1Time=iTime(Symbol(),1440,1);
double D2Hi=iHigh(Symbol(),1440,2);
double D2Lo=iLow(Symbol(),1440,2);
datetime D2Time=iTime(Symbol(),1440,2);
double D3Hi=iHigh(Symbol(),1440,3);
double D3Lo=iLow(Symbol(),1440,3);
datetime D3Time=iTime(Symbol(),1440,3);
datetime TimeEnd=iTime(Symbol(),1440,0)+1440*60;
draw("Day1Hi",D1Time,D1Hi,TimeEnd,Day1Color,LineWidth,0);
draw("Day1Lo",D1Time,D1Lo,TimeEnd,Day1Color,LineWidth,0);
draw("Day2Hi",D2Time,D2Hi,TimeEnd,Day2Color,LineWidth,0);
draw("Day2Lo",D2Time,D2Lo,TimeEnd,Day2Color,LineWidth,0);
draw("Day3Hi",D3Time,D3Hi,TimeEnd,Day3Color,LineWidth,0);
draw("Day3Lo",D3Time,D3Lo,TimeEnd,Day3Color,LineWidth,0);
dpkfx();
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void draw(string Line,datetime TimeStart,double Price,datetime TimeEnd,color line_clr,int line_width,int ray)
{
ObjectCreate(Line,OBJ_TREND,0,TimeStart,Price,TimeEnd,Price);
ObjectSet(Line,OBJPROP_COLOR,line_clr);
ObjectSet(Line,OBJPROP_STYLE,STYLE_DOT);
ObjectSet(Line,OBJPROP_WIDTH,line_width);
ObjectSet(Line,OBJPROP_BACK,True);
ObjectSet(Line,OBJPROP_RAY,ray);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void dpkfx()
{
int ipos=3;
int xpos=10;
double vol=(iHigh(Symbol(),1440,0)-iLow(Symbol(),1440,0))/Point;
int st=1;
stats("dpkforex","TodayRange : "+DoubleToStr(vol,0),12,"Impact",Yellow,ipos,xpos,22);
stats("line2","http://free-bonus-deposit.blogspot.com",8,"Arial",White,ipos,xpos-1,10);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void stats(string tname,string word,int fsize,string ftype,color tcolor,int posxy,int posx,int posy)
{
ObjectCreate(tname,OBJ_LABEL,0,0,0);
ObjectSetText(tname,word,fsize,ftype,tcolor);
ObjectSet(tname,OBJPROP_CORNER,posxy);
ObjectSet(tname,OBJPROP_XDISTANCE,posx);
ObjectSet(tname,OBJPROP_YDISTANCE,posy);
}
//+------------------------------------------------------------------+
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