FractalSupportResistance

Author: Alexander Elgin
FractalSupportResistance
Price Data Components
Series array that contains the highest prices of each barSeries array that contains the lowest prices of each bar
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FractalSupportResistance
#property copyright "Alexander Elgin"
#property link      "alexmost113@mail.ru"
#property indicator_chart_window

#property indicator_color1 Green
#property indicator_color2 Gold
#property indicator_color3 DarkOrange
#property indicator_color4 Red
#property indicator_color5 FireBrick

#property indicator_style1 STYLE_DOT
#property indicator_style2 STYLE_DOT
#property indicator_style3 STYLE_SOLID
#property indicator_style4 STYLE_SOLID
#property indicator_style5 STYLE_SOLID

#define PERIODS_NUMBER 5
#define INDICATOR_NAME "Fractal Support Resistance"
#define SUPPORT "support"
#define RESISTANCE "resistance"
#define BAR_TO_START_SCAN_FROM 2

int timeframes[PERIODS_NUMBER] = {PERIOD_H1, PERIOD_H4, PERIOD_D1, PERIOD_W1, PERIOD_MN1};
int styles[PERIODS_NUMBER] = {indicator_style1, indicator_style2, indicator_style3, indicator_style4, indicator_style5};
color colors[PERIODS_NUMBER] = {indicator_color1, indicator_color2, indicator_color3, indicator_color4, indicator_color5};

int init() {
	IndicatorShortName(INDICATOR_NAME);
	return(0);
}

int deinit() {
	string object_types[2] = {SUPPORT, RESISTANCE};
	
	for(int timeframe_index = 0; timeframe_index < ArraySize(timeframes); timeframe_index++)
		for(int object_type_index = 0; object_type_index < ArraySize(object_types); object_type_index++)
			ObjectDelete(getTrendLineName(object_types[object_type_index], timeframes[timeframe_index]));
			
	return(0);
}

int start() {
	for(int timeframe_index = 0; timeframe_index < ArraySize(timeframes); timeframe_index++) {
		if(Period() <= timeframes[timeframe_index]) {
			drawResistance(getUpperFractalBar(timeframes[timeframe_index], BAR_TO_START_SCAN_FROM), timeframe_index);
			drawSupport(getLowerFractalBar(timeframes[timeframe_index], BAR_TO_START_SCAN_FROM), timeframe_index);
		}
	}
	return(0);
}

int getUpperFractalBar(int timeframe, int starting_bar) {
	for(int bar = starting_bar; bar < Bars; bar++)
		if(isUpperFractal(timeframe, bar)) return(bar);
	return (-1);
}

bool isUpperFractal(int timeframe, int bar) {
	for(int offset = -2; offset <= 2; offset++)
		if( (offset != 0) && (iHigh(Symbol(), timeframe, bar + offset) > iHigh(Symbol(), timeframe, bar)) ) return(false);
	return (true);
}

int getLowerFractalBar(int timeframe, int starting_bar) {
	for(int bar = starting_bar; bar < Bars; bar++)
		if(isLowerFractal(timeframe, bar)) return(bar);
	return (-1);
}

bool isLowerFractal(int timeframe, int bar) {
	for(int offset = -2; offset <= 2; offset++)
		if( (offset != 0) && (iLow(Symbol(), timeframe, bar + offset) < iLow(Symbol(), timeframe, bar)) ) return(false);
	return (true);
}

void drawResistance(int bar_index, int timeframe_index) {
	if(bar_index > 0) drawTrendLine(getTrendLineName(RESISTANCE, timeframes[timeframe_index]), iHigh(Symbol(), timeframes[timeframe_index], bar_index), colors[timeframe_index], styles[timeframe_index]);
}

void drawSupport(int bar_index, int timeframe_index) {
	if(bar_index > 0) drawTrendLine(getTrendLineName(SUPPORT, timeframes[timeframe_index]), iLow(Symbol(), timeframes[timeframe_index], bar_index), colors[timeframe_index], styles[timeframe_index]);
}

void drawTrendLine(string object_name, double price, color line_color, int line_style) {
	ObjectDelete(object_name);
	ObjectCreate(object_name, OBJ_HLINE, 0, Time[0], price, Time[Bars - 1], price);
	ObjectSet(object_name, OBJPROP_COLOR, line_color);
	ObjectSet(object_name, OBJPROP_STYLE, line_style);
}

string getTrendLineName(string object_type, int timeframe) {
	return(object_type + getTimeframeName(timeframe));
}

string getTimeframeName(int timeframe) {
	static int timeframe_periods[] = {PERIOD_M1, PERIOD_M5, PERIOD_M15, PERIOD_M30, PERIOD_H1, PERIOD_H4, PERIOD_D1, PERIOD_W1, PERIOD_MN1};
	static string timeframe_names[] = {"M1", "M5", "M15", "M30", "H1", "H4", "D1", "W1", "MN1"};
	
	for(int i = 0; i < ArraySize(timeframe_periods); i++)
		if(timeframe == timeframe_periods[i]) return (timeframe_names[i]);

	return("Unknown");
}

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