Fibo_v1

//+------------------------------------------------------------------+
//|                                                         Fibo.mq4 |
//|                                                        Don Perry |
//|                                                www.fxAdvisor.com |
//+------------------------------------------------------------------+
#property copyright "Don Perry"
#property link      "donperry1[@t]gmail.com"

#property indicator_chart_window
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
//---- indicators
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//----
   ObjectDelete("Fibo");
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
extern int lookback = 24;
extern int lastbar = 0;
extern color FibColor= Green;
int start()
  {
  ObjectDelete("Fibo");
   int    counted_bars=IndicatorCounted();
//----
   double lowest=1000, highest=0;
   datetime T1,T2;
   for(int i=lookback+lastbar;i>lastbar+1;i--)
   {  
      double curLow0=iLow(Symbol(),Period(),i-2);
      double curLow1=iLow(Symbol(),Period(),i+1);
      double curLow2=iLow(Symbol(),Period(),i);
      double curLow3=iLow(Symbol(),Period(),i-1);
      double curLow4=iLow(Symbol(),Period(),i-2);
      
       double curHigh0=iHigh(Symbol(),Period(),i+2);
       double curHigh1=iHigh(Symbol(),Period(),i+1);
        double curHigh2=iHigh(Symbol(),Period(),i);
         double curHigh3=iHigh(Symbol(),Period(),i-1);
         double curHigh4=iHigh(Symbol(),Period(),i-2);
         
      if(curLow2<=curLow1 && curLow2<=curLow1 && curLow2<=curLow0 )
      {
      if(lowest>curLow2){
         lowest=curLow2;
         T2=iTime(Symbol(),Period(),i);}
      }
      
      if(curHigh2>=curHigh1 && curHigh2>=curHigh3&& curHigh2>=curHigh4)
      {  
         if(highest<curHigh2){
         highest=curHigh2;
         T1=iTime(Symbol(),Period(),i);}
      }
   
   
   }   
   
 
   
   Comment(highest, lowest);
   if(T1<T2)
   {ObjectCreate("Fibo", OBJ_FIBO, 0, T1, highest,T2,lowest);}
   else{
    ObjectCreate("Fibo", OBJ_FIBO, 0, T2, lowest, T1,highest);
   }
//----
 
string fiboobjname = "Fibo";
ObjectSet(fiboobjname, OBJPROP_FIBOLEVELS, 11);
     ObjectSet(fiboobjname, OBJPROP_FIRSTLEVEL, 0.0);
   ObjectSetFiboDescription(fiboobjname,0,"Low    %$");
   ObjectSet(fiboobjname, OBJPROP_FIRSTLEVEL+1, 0.236);
   ObjectSetFiboDescription(fiboobjname,1,"23.6     %$");
   ObjectSet(fiboobjname, OBJPROP_FIRSTLEVEL+2, 0.382);
   ObjectSetFiboDescription(fiboobjname,2,"38.2     %$");
   ObjectSet(fiboobjname, OBJPROP_FIRSTLEVEL+3, 0.50);
   ObjectSetFiboDescription(fiboobjname,3,"50.0     %$");
   ObjectSet(fiboobjname, OBJPROP_FIRSTLEVEL+4, 0.618);
   ObjectSetFiboDescription(fiboobjname,4,"61.8     %$");
   ObjectSet(fiboobjname, OBJPROP_FIRSTLEVEL+5, 0.764);
   ObjectSetFiboDescription(fiboobjname,5,"76.4     %$");
   ObjectSet(fiboobjname, OBJPROP_FIRSTLEVEL+6, 1.000);
   ObjectSetFiboDescription(fiboobjname,6,"High    %$");
   ObjectSet(fiboobjname, OBJPROP_FIRSTLEVEL+7, -0.236);
   ObjectSetFiboDescription(fiboobjname,7,"123.6     %$");
   ObjectSet(fiboobjname, OBJPROP_FIRSTLEVEL+8, -0.382);
   ObjectSetFiboDescription(fiboobjname,8,"138.2     %$");
   ObjectSet(fiboobjname, OBJPROP_FIRSTLEVEL+9, -0.50);
      ObjectSetFiboDescription(fiboobjname,9,"150.0     %$");
   ObjectSet(fiboobjname, OBJPROP_FIRSTLEVEL+10, -0.618);
   ObjectSetFiboDescription(fiboobjname,10,"161.8     %$");
   ObjectSet(fiboobjname, OBJPROP_FIRSTLEVEL+11, 2.000);
   ObjectSetFiboDescription(fiboobjname,11,"200.0     %$");
   ObjectSet(fiboobjname, OBJPROP_FIRSTLEVEL+12, 2.618);
   ObjectSetFiboDescription(fiboobjname,12,"261.8     %$");
   ObjectSet( "Fibo", OBJPROP_LEVELCOLOR, FibColor) ;
   ObjectsRedraw();
   return(0);
  }
//+------------------------------------------------------------------+