Fixed Fibonacci Pivot
I wrote this indicator for another site. I am posting it here as I couldn't find one to use myself so I programmed this. Apologies if a similar one has been posted before.
This pivot indicator plots fixed fibonacci lines from any specified open hour bar.
I managed to get around the buffer limitation by splitting the indicator into two. Both MUST be applied to the chart at the same time to view all levels.
Pivot Indicator - Y's HiLo & B4Y's HiLo
Hi My Dear Friends,
Refer to my early posts on Pivot indicator setting acquired, so for not respond has acted.
Again, I'm posted the following code taken from the existing MT4 file hope someone who able to help to modify and add in the the followings:
2. Vertical line show on Today, yesterday & Beforeyesterday.
3. Pivot Resistance & Support 1, 2 & 3.
Your kind assistant is appreciated.
//| HiLo2DayBefore.mq4 |
//| Custom indicator initialization function |
//| Custom indicator deinitialization function |
//YLow, low of yesterday.
//YHigh, high of yesterday.
//B4YLow, low of before yestersay.
//B4YHigh, high of before yesterday.
//PP, pivot point.
//| Custom indicator iteration function |
yesterday_close = iClose(NULL,PERIOD_D1,1);
yesterday_high = iHigh(NULL,PERIOD_D1,1);
yesterday_low = iLow(NULL,PERIOD_D1,1);
before_yesterday_close = iClose(NULL,PERIOD_D1,2);
before_yesterday_high = iHigh(NULL,PERIOD_D1,2);
before_yesterday_low = iLow(NULL,PERIOD_D1,2);
//---- Calculate Pivots
//Comment("\nYesterday quotations :\nH ",yesterday_high,"\nL ",yesterday_low, "\nC ",yesterday_close,"\n\nBefore yesterday quotations :\nH ",before_yesterday_high,"\nL ",before_yesterday_low, "\nC ",before_yesterday_close);
double pivot = (yesterday_high + yesterday_low + yesterday_close)/3;// Standard Pivot
drawLabel("Low before yesterday",before_yesterday_low,Plum);
drawLabel("High before yesterday",before_yesterday_high,CornflowerBlue);
void drawLabel(string name,double lvl,color Color)
if(ObjectFind(name) != 0)
ObjectCreate(name, OBJ_TEXT, 0, Time, lvl);
ObjectSetText(name, name, 8, "Arial", EMPTY);
ObjectSet(name, OBJPROP_COLOR, Color);
ObjectMove(name, 0, Time, lvl);
void drawLine(double lvl,string name, color Col,int type)
ObjectCreate(name, OBJ_HLINE, 0, Time, lvl,Time,lvl);
if(type == 1)
ObjectSet(name, OBJPROP_STYLE, STYLE_SOLID);
ObjectSet(name, OBJPROP_STYLE, STYLE_DOT);
ObjectSet(name, OBJPROP_COLOR, Col);
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