(m)_Pivot_line

Author: Poul Trade Forum
(m)_Pivot_line
Miscellaneous
Implements a curve of type %1
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(m)_Pivot_line
//+------------------------------------------------------------------+
//|                                                        Pivot.mq4 |
//|                               Copyright © 2004, Poul_Trade_Forum |
//|                                                         Aborigen |
//|                                          http://forex.kbpauk.ru/ |
//+------------------------------------------------------------------+
#property copyright "Poul Trade Forum"
#property link      "http://forex.kbpauk.ru/"

#property indicator_chart_window
//#property indicator_separate_window
#property indicator_buffers 7
#property indicator_color1 Orange
#property indicator_color2 DarkGreen
#property indicator_color3 DarkGreen
#property indicator_color4 Maroon
#property indicator_color5 Maroon
#property indicator_color6 DarkOrchid
#property indicator_color7 DarkOrchid
//---- input parameters

//---- buffers
double PBuffer[];
double S1Buffer[];
double R1Buffer[];
double S2Buffer[];
double R2Buffer[];
double S3Buffer[];
double R3Buffer[];
string Pivot="Pivot Point",Sup1="S 1", Res1="R 1";
string Sup2="S 2", Res2="R 2", Sup3="S 3", Res3="R 3";
int fontsize=10;
double P,S1,R1,S2,R2,S3,R3;
double LastHigh,LastLow,x;

//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
void deinit() {
  ObjectDelete("Pivot");
  ObjectDelete("Sup1");
  ObjectDelete("Res1");
  ObjectDelete("Sup2");
  ObjectDelete("Res2");
  ObjectDelete("Sup3");
  ObjectDelete("Res3");
}

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
void init() {
  string short_name;

  SetIndexStyle(0,DRAW_LINE,0,1);
  SetIndexStyle(1,DRAW_LINE,2,1);
  SetIndexStyle(2,DRAW_LINE,2,1);
  SetIndexStyle(3,DRAW_LINE,2,1);
  SetIndexStyle(4,DRAW_LINE,2,1);
  SetIndexStyle(5,DRAW_LINE,2,1);
  SetIndexStyle(6,DRAW_LINE,2,1);
  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="";
  IndicatorShortName(short_name);
  SetIndexLabel(0,short_name);

//----
  SetIndexDrawBegin(0,1);
}

//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
void start() {
  int counted_bars=IndicatorCounted();
  int limit, i;

  if (counted_bars==0) {
    x=Period();
    if (x>240) return;
    ObjectCreate("Pivot", OBJ_TEXT, 0, 0,0);
    ObjectSetText("Pivot", " Pivot Point",fontsize,"Tahoma",indicator_color1);
    ObjectCreate("Sup1", OBJ_TEXT, 0, 0, 0);
    ObjectSetText("Sup1", "      S 1",fontsize,"Tahoma",indicator_color2);
    ObjectCreate("Res1", OBJ_TEXT, 0, 0, 0);
    ObjectSetText("Res1", "      R 1",fontsize,"Tahoma",indicator_color3);
    ObjectCreate("Sup2", OBJ_TEXT, 0, 0, 0);
    ObjectSetText("Sup2", "      S 2",fontsize,"Tahoma",indicator_color4);
    ObjectCreate("Res2", OBJ_TEXT, 0, 0, 0);
    ObjectSetText("Res2", "      R 2",fontsize,"Tahoma",indicator_color5);
    ObjectCreate("Sup3", OBJ_TEXT, 0, 0, 0);
    ObjectSetText("Sup3", "      S 3",fontsize,"Tahoma",indicator_color6);
    ObjectCreate("Res3", OBJ_TEXT, 0, 0, 0);
    ObjectSetText("Res3", "      R 3",fontsize,"Tahoma",indicator_color7);
  }
  if(counted_bars<0) return;
//---- 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;
      R1=(2*P)-LastLow;
      S1=(2*P)-LastHigh;
      R2=P+(LastHigh-LastLow);
      S2=P-(LastHigh-LastLow);
      R3=(2*P)+(LastHigh-(2*LastLow));
      S3=(2*P)-((2*LastHigh)-LastLow); 
      LastLow=Open[i]; LastHigh=Open[i];

      ObjectMove("Pivot", 0, Time[i],P);
      ObjectMove("Sup1" , 0, Time[i],S1);
      ObjectMove("Res1" , 0, Time[i],R1);
      ObjectMove("Sup2" , 0, Time[i],S2);
      ObjectMove("Res2" , 0, Time[i],R2);
      ObjectMove("Sup3" , 0, Time[i],S3);
      ObjectMove("Res3" , 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;
  }
}
//+------------------------------------------------------------------+

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