ForumSections

[Help Please] - Inserting Horizontal Line with Fix Range of 50pips from support/resistance

New comment

Hi fellow Brothers,

Recently, i've design an indicator for support / resistance line using zigzag methods.

Now, i want to add some features as possible target line for GBPUSD range within support/resistance line as per below picture.

attached is my code. hope anyone can help me on this.

#property indicator_chart_window
#property indicator_buffers 3
#property indicator_color1 White
#property indicator_color2 White
#property indicator_width1 2
#property indicator_width2 2

   extern bool    GU_TargetLine     = true;
   int            GU_Range          = 50;
   int            Sub_GU_Range      = 25;
   int            GU_MaxRange       = 550;
   int            Risk              = 5;
   int            Candles           = 240;
   
   double         SwingHigh[];
   double         SwingLow[];
   int            CurrentBar[];
   double         CandleSwingHigh, CandleSwingLow;
   double         Shift;

int init() {
   SetIndexStyle(0, DRAW_ARROW);
   SetIndexArrow(0, 159);
   SetIndexBuffer(0, SwingHigh);
   SetIndexEmptyValue(0, 0.0);
   SetIndexStyle(1, DRAW_ARROW);
   SetIndexArrow(1, 159);
   SetIndexBuffer(1, SwingLow);
   SetIndexEmptyValue(1, 0.0);
   if (Period() > Candles) {
      Alert("New Support/Resistance Alert ", Candles);
      return (0);
   }
   ArrayCopySeries(CurrentBar, 5, Symbol(), Candles);
   return (0);
}

int deinit() {

   int obj_total= ObjectsTotal();
   
   for (int i= obj_total; i>=0; i--) {
      string name= ObjectName(i);
    
      if (StringSubstr(name,0,11)=="[GU Level]") 
         ObjectDelete(name);
   }

   return(0);
}

int start() {
   
   int      ZigZagBarCount;
   double   ZigZagBarCustoms;
   double   FinalTargetUp, FinalTargetDown;
   double   MeasureStart=0.0;
   double   StartSupport=0.0;
   double   StartResistance=0.0;
   double   PlotSupport=0.0;
   double   PlotResistance=0.0;
   
   
   
   if (Year() >= 2007 && Month() >= 12 && Day() >= 12) return (0);
   int BarCheck = IndicatorCounted();
   int TotalBar = 300;
   if (BarCheck < 0) return (-1);
   if (BarCheck > 0) BarCheck--;
   TotalBar = Bars - BarCheck;
   for (int BarMeasure = 0; BarMeasure < TotalBar; BarMeasure++) {
   
      int BarSignal=BarMeasure+1;
      int BarSignalPrev=BarMeasure+2;
      int BarMeasureFwd=BarMeasure-1;
   
      if (Time[BarMeasure] >= CurrentBar[0]) ZigZagBarCount = 0;
      else {
         ZigZagBarCount = ArrayBsearch(CurrentBar, Time[BarMeasureFwd], WHOLE_ARRAY, 0, MODE_DESCEND);
         if (Period() <= Candles) ZigZagBarCount++;
      }
      for (int ZigZagBar = ZigZagBarCount; ZigZagBar < ZigZagBarCount + 100; ZigZagBar++) {
         ZigZagBarCustoms = iCustom(NULL, Candles, "ZigZag", Risk, 5, 3, 0, ZigZagBar + 1);
         if (ZigZagBarCustoms != 0.0) break;
      }
      if (iClose(NULL, 0, BarSignal) <= ZigZagBarCustoms) SwingLow[BarMeasure] = ZigZagBarCustoms;
      else SwingLow[BarMeasure] = 0.0;
      if (iClose(NULL, 0, BarSignal) >= ZigZagBarCustoms) SwingHigh[BarMeasure] = ZigZagBarCustoms;
      else SwingHigh[BarMeasure] = 0.0;
      ObjectsRedraw();
   }
   


//+------------------------------------------------------------------+
//| GBPUSD TARGET LINE START                         |
//+------------------------------------------------------------------+
   
   if (GU_TargetLine==true)
   {
      Shift=iBarShift(NULL, 0,Time[BarMeasure]);
      CandleSwingHigh = iHigh(NULL,0,Shift);
      CandleSwingLow = iLow(NULL,0,Shift);
      FinalTargetDown = CandleSwingHigh - (GU_MaxRange*Point);
      FinalTargetUp = CandleSwingLow + (GU_MaxRange*Point);


// ------- This coding here need modification to plot price range of Max_GU Range ( 550 ) with increment of GU_Range ( 50 )
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
   
    if (ZigZagBarCustoms && SwingLow[BarMeasure] != 0.0)
      {
         for (int a1=0; a1<=11; a1++)
         {
            StartSupport = StartSupport + (a1*GU_Range);
            PlotSupport = CandleSwingLow + StartSupport*Point;
            
            SetLevel(DoubleToStr(PlotSupport,Digits), PlotSupport);
            
         }   
      }
   
      
      else if (ZigZagBarCustoms && SwingHigh[BarMeasure] != 0.0)
      {
         for (int a2=0; a2<=11; a2++)
         {
            StartResistance = StartResistance + (a2*GU_Range);
            PlotResistance = CandleSwingHigh - StartResistance*Point;
            
            SetLevel(DoubleToStr(PlotResistance,Digits), PlotResistance);
         } 
      }

//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////        
// ------- This coding here need modification to plot price range of Max_GU Range ( 550 ) with increment of GU_Range ( 50 )



   }

//+------------------------------------------------------------------+
//| GBPUSD TARGET LINE END                             |
//+------------------------------------------------------------------+
   
   return (0);
}



//+------------------------------------------------------------------+
//| TARGET LINE DRAW                                                 |
//+------------------------------------------------------------------+


void SetLevel(string text, double level)
{
   int digits= Digits;
   string linename= "[GU Range] " + text + " Line",
          pricelabel; 
          
   if(ObjectFind("GU Level") != 0)
   {
      ObjectCreate("GU Level", OBJ_HLINE, 0, Time[0],level);
      ObjectSet("GU Level", OBJPROP_STYLE, STYLE_DASHDOTDOT);
      ObjectSet("GU Level", OBJPROP_COLOR,SpringGreen );
   }
   else
   {
      ObjectMove("GU Level",0, Time[0],level );
   }
}


ting

New comment