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techinvest · #41 (**permalink**) 01-28-2006, 06:37 PM

Here's the indicator. Basicly all it is is a pivot point indicator which used fibonacci #'s to calculate support and resistance instead of the standard pivot calcs. Now, I can only seem to make it update at 00:00 GMT which is exactly what it's asked to do in the code, because I can't figure out a way to make it happen any other way. Check out line 132 as I'm pretty sure that's where you could use the LocalTime() variable to set a cutoff and make the pivot point and retracements/extentions update. I'd be greatful for any help. Thanks!!!

PHP Code:


			
//+------------------------------------------------------------------+

//|                                                   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);

  }

//+------------------------------------------------------------------+