Fib_Pivots_02_v2

//+------------------------------------------------------------------+
//|                                                   Pivot_Fibs.mq4 |
//|                            Copyright © 2006, Archer Trading, LLC |
//|                                    http://www.archertrading.net/ |
//+------------------------------------------------------------------+
#property copyright "Archer Trading, LLC"
#property link      "http://www.archertrading.net/"
//----
#property indicator_chart_window
#property indicator_buffers 7
#property indicator_color1 White
#property indicator_color2 Lime
#property indicator_color3 Lime
#property indicator_color4 Yellow
#property indicator_color5 Yellow
#property indicator_color6 Red
#property indicator_color7 Red
//----
double PBuffer[];
double S1Buffer[];
double R1Buffer[];
double S2Buffer[];
double R2Buffer[];
double S3Buffer[];
double R3Buffer[];
double S0Buffer[];
double R0Buffer[];
string Pivot="Pivot Point",FibS1="S 1", FibR1="R 1";
string FibS2="S 2", FibR2="R 2", FibS3="S 3", FibR3="R 3";
int fontsize=10;
double P,R,S1,R1,S2,R2,S3,R3;
double LastHigh,LastLow,x;
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
   ObjectDelete("Pivot");
   ObjectDelete("FibS1");
   ObjectDelete("FibR1");
   ObjectDelete("FibS2");
   ObjectDelete("FibR1");
   ObjectDelete("FibS3");
   ObjectDelete("FibR2");
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
   string short_name;
//----   
   SetIndexStyle(0,DRAW_LINE,0,2,White);
   SetIndexStyle(1,DRAW_LINE,0,2,Lime);
   SetIndexStyle(2,DRAW_LINE,0,2,Lime);
   SetIndexStyle(3,DRAW_LINE,0,2,Yellow);
   SetIndexStyle(4,DRAW_LINE,0,2,Yellow);
   SetIndexStyle(5,DRAW_LINE,0,2,Red);
   SetIndexStyle(6,DRAW_LINE,0,2,Red);
   SetIndexBuffer(0,PBuffer);
   SetIndexBuffer(1,S1Buffer);
   SetIndexBuffer(2,R1Buffer);
   SetIndexBuffer(3,S2Buffer);
   SetIndexBuffer(4,R2Buffer);
   SetIndexBuffer(5,S3Buffer);
   SetIndexBuffer(6,R3Buffer);
//---- name for DataWindow and indicator subwindow label
   short_name="Fibonacci Pivot Points";
   IndicatorShortName(short_name);
   SetIndexLabel(0,short_name);
//----
   SetIndexDrawBegin(0,1);
//----
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   int    counted_bars=IndicatorCounted();
   int limit, i;
//---- indicator calculation
   if (counted_bars==0)
     {
      x=Period();
      if (x>240) return(-1);
      ObjectCreate("Pivot", OBJ_TEXT, 0, 0,0);
      ObjectSetText("Pivot", "Pivot",fontsize,"Arial",White);
      ObjectCreate("FibS1", OBJ_TEXT, 0, 0, 0);
      ObjectSetText("FibS1", "Fib S1",fontsize,"Arial",Lime);
      ObjectCreate("FibR1", OBJ_TEXT, 0, 0, 0);
      ObjectSetText("FibR1", "Fib R1",fontsize,"Arial",Lime);
      ObjectCreate("FibS2", OBJ_TEXT, 0, 0, 0);
      ObjectSetText("FibS2", "Fib S2",fontsize,"Arial",Yellow);
      ObjectCreate("FibR2", OBJ_TEXT, 0, 0, 0);
      ObjectSetText("FibR2", "Fib R2",fontsize,"Arial",Yellow);
      ObjectCreate("FibS3", OBJ_TEXT, 0, 0, 0);
      ObjectSetText("FibS3", "Fib S3",fontsize,"Arial",Red);
      ObjectCreate("FibR3", OBJ_TEXT, 0, 0, 0);
      ObjectSetText("FibR3", "Fib R3",fontsize,"Arial",Red);
     }
   if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
   //   if(counted_bars>0) counted_bars--;
   limit=(Bars-counted_bars)-1;
//----
   for(i=limit; i>=0;i--)
     {
      if (High[i+1]>LastHigh) LastHigh=High[i+1];
      if (Low[i+1]<LastLow) LastLow=Low[i+1];
      if (TimeDay(Time[i])!=TimeDay(Time[i+1]))
        {
         P=(LastHigh+LastLow+Close[i+1])/3;
         R=LastHigh-LastLow;
         R1=P + (R * 0.382);
         S1=P - (R * 0.382);
         R2=P + (R * 0.618);
         S2=P - (R * 0.618);
         R3=P + (R * 0.99);
         S3=P - (R * 0.99);
         LastLow=Open[i]; LastHigh=Open[i];
//----
         ObjectMove("Pivot", 0, Time[i],P);
         ObjectMove("FibS1", 0, Time[i],S1);
         ObjectMove("FibR1", 0, Time[i],R1);
         ObjectMove("FibS2", 0, Time[i],S2);
         ObjectMove("FibR2", 0, Time[i],R2);
         ObjectMove("FibS3", 0, Time[i],S3);
         ObjectMove("FibR3", 0, Time[i],R3);
        }
      PBuffer[i]=P;
      S1Buffer[i]=S1;
      R1Buffer[i]=R1;
      S2Buffer[i]=S2;
      R2Buffer[i]=R2;
      S3Buffer[i]=S3;
      R3Buffer[i]=R3;
     }
//----
   return(0);
  }
//+------------------------------------------------------------------+