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Pivots_Weekly
//+------------------------------------------------------------------+
//| WeeklyPivot.mq4 |
//| I found the original indicator in TSD forum posted by heliyaun. |
//| I don´t know how wrote it. |
//| I like it because have mondays fixed for broker with GMT outside |
//| london time. |
//| So, I added some stuff, labels, fix, etc. and them, I wrote the|
//| Medians SR, and then, I wrote the same for Monthlies |
//| |
//| Enjoy. |
//| |
//| Linuxser, January 2007 |
//| |
//+------------------------------------------------------------------+
#property indicator_chart_window
#property indicator_buffers 7
#property indicator_color1 Magenta
#property indicator_color2 Teal
#property indicator_color3 RoyalBlue
#property indicator_color4 SeaGreen
#property indicator_color5 CornflowerBlue
#property indicator_color6 MediumSeaGreen
#property indicator_color7 LightSkyBlue
//---- input parameters
extern color SupportLabelColor=DodgerBlue;
extern color ResistanceLabelColor=Teal;
extern color PivotLabelColor=Green;
extern int fontsize=10;
extern int LabelShift = 0;
//---- buffers
double PBuffer[];
double S1Buffer[];
double R1Buffer[];
double S2Buffer[];
double R2Buffer[];
double S3Buffer[];
double R3Buffer[];
string Pivot="WeeklyPivotPoint",Sup1="W_S 1", Res1="W_R 1";
string Sup2="W_S 2", Res2="W_R 2", Sup3="W_S 3", Res3="W_R 3";
double P,S1,R1,S2,R2,S3,R3;
double last_week_high, last_week_low, this_week_open, last_week_close;
datetime LabelShiftTime;
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- TODO: add your code here
ObjectDelete("WeeklyPivot");
ObjectDelete("WSup1");
ObjectDelete("WRes1");
ObjectDelete("WSup2");
ObjectDelete("WRes2");
ObjectDelete("WSup3");
ObjectDelete("WRes3");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- indicator line
SetIndexStyle(0,DRAW_LINE,EMPTY);
SetIndexStyle(1,DRAW_LINE,EMPTY);
SetIndexStyle(2,DRAW_LINE,EMPTY);
SetIndexStyle(3,DRAW_LINE,EMPTY);
SetIndexStyle(4,DRAW_LINE,EMPTY);
SetIndexStyle(5,DRAW_LINE,EMPTY);
SetIndexStyle(6,DRAW_LINE,EMPTY);
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="Pivot Point Weekly";
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)
{
if(Period() > 1440)
{
Print("Error - Chart period is greater than 1 day.");
return(-1); // then exit
}
}
if(counted_bars<0) return(-1);
limit=(Bars-counted_bars)-1;
for (i=limit; i>=0;i--)
{
// Monday
if ( 1 == TimeDayOfWeek(Time[i]) && 1 != TimeDayOfWeek(Time[i+1]) )
{
last_week_close = Close[i+1];
this_week_open = Open[i];
// WeeklyPivot
P = (last_week_high + last_week_low + last_week_close) / 3;
R1 = (2*P)-last_week_low;
S1 = (2*P)-last_week_high;
R2 = P+(last_week_high - last_week_low);
S2 = P-(last_week_high - last_week_low);
R3 = (2*P)+(last_week_high-(2*last_week_low));
S3 = (2*P)-((2* last_week_high)-last_week_low);
last_week_low=Low[i]; last_week_high=High[i];
LabelShiftTime = Time[LabelShift];
ObjectCreate("WeeklyPivot", OBJ_TEXT, 0,LabelShiftTime,0);
ObjectSetText("WeeklyPivot", " Weekly Pivot Point "+DoubleToStr(P,4),fontsize,"Arial",PivotLabelColor);
SetIndexLabel(0, "W Pivot Point");
ObjectCreate("WSup1", OBJ_TEXT, 0, 0, 0);
ObjectSetText("WSup1", " W S1 "+DoubleToStr(S1,4),fontsize,"Arial",SupportLabelColor);
SetIndexLabel(1, "WSup1");
ObjectCreate("WRes1", OBJ_TEXT, 0, LabelShiftTime, 0);
ObjectSetText("WRes1", " W R1 "+DoubleToStr(R1,4),fontsize,"Arial",ResistanceLabelColor);
SetIndexLabel(2, "WRes1");
ObjectCreate("WSup2", OBJ_TEXT, 0, LabelShiftTime, 0);
ObjectSetText("WSup2", " W S2 "+DoubleToStr(S2,4),fontsize,"Arial",SupportLabelColor);
SetIndexLabel(3, "WSup2");
ObjectCreate("WRes2", OBJ_TEXT, 0, LabelShiftTime, 0);
ObjectSetText("WRes2", " W R2 "+DoubleToStr(R2,4),fontsize,"Arial",ResistanceLabelColor);
SetIndexLabel(4, "WWRes2");
ObjectCreate("WSup3", OBJ_TEXT, 0, LabelShiftTime, 0);
ObjectSetText("WSup3", " W S3 "+DoubleToStr(S3,4),fontsize,"Arial",SupportLabelColor);
SetIndexLabel(5, "WSup3");
ObjectCreate("WRes3", OBJ_TEXT, 0, LabelShiftTime, 0);
ObjectSetText("WRes3", " W R3 "+DoubleToStr(R3,4),fontsize,"Arial",ResistanceLabelColor);
SetIndexLabel(6, "WRes3");
ObjectMove("WeeklyPivot", 0, LabelShiftTime,P);
ObjectMove("WSup1", 0, LabelShiftTime,S1);
ObjectMove("WRes1", 0, LabelShiftTime,R1);
ObjectMove("WSup2", 0, LabelShiftTime,S2);
ObjectMove("WRes2", 0, LabelShiftTime,R2);
ObjectMove("WSup3", 0, LabelShiftTime,S3);
ObjectMove("WRes3", 0, LabelShiftTime,R3);
}
last_week_high = MathMax(last_week_high, High[i]);
last_week_low = MathMin(last_week_low, Low[i]);
PBuffer[i]=P;
S1Buffer[i]=S1;
R1Buffer[i]=R1;
S2Buffer[i]=S2;
R2Buffer[i]=R2;
S3Buffer[i]=S3;
R3Buffer[i]=R3;
}
//----
return(0);
}
//+------------------------------------------------------------------+
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