//+------------------------------------------------------------------+ //| Project 18 Support and Resistance.mq5 | //| Abioye Israel Pelumi | //| https://linktr.ee/abioyeisraelpelumi | //+------------------------------------------------------------------+ #property copyright "Abioye Israel Pelumi" #property link "https://linktr.ee/abioyeisraelpelumi" #property version "1.00" #include CTrade trade; input ENUM_TIMEFRAMES timeframe = PERIOD_W1; //SUPPORT AND RESISTANCE TIMEFRAME input ENUM_TIMEFRAMES exe_timeframe = PERIOD_M30; //EXECUTION TIMEFRAME input double lot_size = 0.2; // Lot Size input double RRR = 3; //RRR double open[]; double close[]; double low[]; double high[]; datetime time[]; int total_symbol_bars; int bars_check = 200; int z = 7; double first_sup_price; double first_sup_min_body_price; datetime first_sup_time; double second_sup_price; datetime second_sup_time; string support_object; ulong chart_id = ChartID(); int sup_bars; int sup_min_low_index; double sup_min_low_price; string first_low_txt; string second_low_txt; double exe_open[]; double exe_close[]; double exe_low[]; double exe_high[]; datetime exe_time[]; int exe_total_symbol_bars; double low_l; datetime low_time; double high_h; datetime high_time; double lower_high; datetime lower_high_time; double lower_low; datetime lower_low_time; datetime start_choch_time; double ask_price; double take_profit; datetime lastTradeBarTime = 0; double first_res_price; double first_res_max_body_price; datetime first_res_time; double second_res_price; datetime second_res_time; string resistance_object; int res_bars; int res_max_high_index; double res_max_high_price; string first_high_txt; string second_high_txt; double higher_high; datetime higher_high_time; double higher_low; datetime higher_low_time; //+------------------------------------------------------------------+ //| Expert initialization function | //+------------------------------------------------------------------+ int OnInit() { //--- ArraySetAsSeries(exe_close,true); ArraySetAsSeries(exe_open,true); ArraySetAsSeries(exe_high,true); ArraySetAsSeries(exe_low,true); ArraySetAsSeries(exe_time,true); //--- return(INIT_SUCCEEDED); } //+------------------------------------------------------------------+ //| Expert deinitialization function | //+------------------------------------------------------------------+ void OnDeinit(const int reason) { //--- ObjectsDeleteAll(chart_id); } //+------------------------------------------------------------------+ //| Expert tick function | //+------------------------------------------------------------------+ void OnTick() { //--- CopyOpen(_Symbol, timeframe, TimeCurrent(), bars_check, open); CopyClose(_Symbol, timeframe, TimeCurrent(), bars_check, close); CopyLow(_Symbol, timeframe, TimeCurrent(), bars_check, low); CopyHigh(_Symbol, timeframe, TimeCurrent(), bars_check, high); CopyTime(_Symbol, timeframe, TimeCurrent(), bars_check, time); CopyOpen(_Symbol, exe_timeframe, TimeCurrent(), bars_check, exe_open); CopyClose(_Symbol, exe_timeframe, TimeCurrent(), bars_check, exe_close); CopyLow(_Symbol, exe_timeframe, TimeCurrent(), bars_check, exe_low); CopyHigh(_Symbol, exe_timeframe, TimeCurrent(), bars_check, exe_high); CopyTime(_Symbol, exe_timeframe, TimeCurrent(), bars_check, exe_time); total_symbol_bars = Bars(_Symbol, timeframe); exe_total_symbol_bars = Bars(_Symbol, exe_timeframe); datetime currentBarTime = iTime(_Symbol, exe_timeframe, 0); ask_price = SymbolInfoDouble(_Symbol,SYMBOL_ASK); if(total_symbol_bars >= bars_check) { //SUPPORT for(int i = z ; i < bars_check - z; i++) { if(IsSwingLow(low, i, z)) { first_sup_price = low[i]; first_sup_min_body_price = MathMin(close[i], open[i]); first_sup_time = time[i]; for(int j = i+1; j < bars_check - z; j++) { if(IsSwingLow(low, j, z) && low[j] <= first_sup_min_body_price && low[j] >= first_sup_price) { second_sup_price = low[j]; second_sup_time = time[j]; start_choch_time = time[j+z]; support_object = StringFormat("SUPPORT %f",first_sup_price); // ObjectCreate(chart_id,support_object,OBJ_RECTANGLE,0,first_sup_time,first_sup_price,second_sup_time,first_sup_min_body_price); sup_bars = Bars(_Symbol,timeframe,first_sup_time,TimeCurrent()); sup_min_low_index = ArrayMinimum(low,i,sup_bars); sup_min_low_price = low[sup_min_low_index]; if(sup_min_low_price >= first_sup_price) { ObjectCreate(chart_id,support_object,OBJ_RECTANGLE,0,first_sup_time,first_sup_price,TimeCurrent(),first_sup_min_body_price); ObjectSetInteger(chart_id,support_object,OBJPROP_COLOR,clrBlue); ObjectSetInteger(chart_id,support_object,OBJPROP_BACK,true); ObjectSetInteger(chart_id,support_object,OBJPROP_FILL,true); first_low_txt = StringFormat("FIRST LOW%d",i); ObjectCreate(chart_id,first_low_txt,OBJ_TEXT,0,first_sup_time,first_sup_price); ObjectSetString(chart_id,first_low_txt,OBJPROP_TEXT,"1"); second_low_txt = StringFormat("SECOND LOW%d",i); ObjectCreate(chart_id,second_low_txt,OBJ_TEXT,0,second_sup_time,second_sup_price); ObjectSetString(chart_id,second_low_txt,OBJPROP_TEXT,"2"); if(exe_total_symbol_bars >= bars_check) { for(int k = 4; k < bars_check-3; k++) { if(IsSwingLow(exe_low, k, 3)) { lower_low = exe_low[k]; lower_low_time = exe_time[k]; for(int l = k; l < bars_check-3; l++) { if(IsSwingHigh(exe_high,l,3)) { lower_high = exe_high[l]; lower_high_time = exe_time[l]; for(int m = l; m < bars_check-3; m++) { if(IsSwingLow(exe_low, m, 3)) { low_l = exe_low[m]; low_time = exe_time[m]; for(int n = m; n < bars_check-3; n++) { if(IsSwingHigh(exe_high,n,3)) { high_h = exe_high[n]; high_time = exe_time[n]; for(int o = k; o > 0; o--) { if(exe_close[o] > lower_high && exe_open[o] < lower_high) { if(lower_high > lower_low && low_l < lower_high && low_l > lower_low && high_h > low_l && high_h > lower_high && lower_low <= first_sup_min_body_price && lower_low >= first_sup_price && high_time > start_choch_time) { //string mm = StringFormat("hhh%d",i); // ObjectCreate(chart_id,mm,OBJ_VLINE,0,time[sup_min_low_index],0); ObjectCreate(chart_id,"LLLH",OBJ_TREND,0,lower_low_time,lower_low,lower_high_time,lower_high); ObjectSetInteger(chart_id,"LLLH",OBJPROP_COLOR,clrRed); ObjectSetInteger(chart_id,"LLLH",OBJPROP_WIDTH,2); ObjectCreate(chart_id,"LHL",OBJ_TREND,0,lower_high_time,lower_high,low_time,low_l); ObjectSetInteger(chart_id,"LHL",OBJPROP_COLOR,clrRed); ObjectSetInteger(chart_id,"LHL",OBJPROP_WIDTH,2); ObjectCreate(chart_id,"LH",OBJ_TREND,0,low_time,low_l,high_time,high_h); ObjectSetInteger(chart_id,"LH",OBJPROP_COLOR,clrRed); ObjectSetInteger(chart_id,"LH",OBJPROP_WIDTH,2); ObjectCreate(chart_id,"S Cross Line",OBJ_TREND,0,lower_high_time,lower_high,exe_time[o],lower_high); ObjectSetInteger(chart_id,"S Cross Line",OBJPROP_COLOR,clrRed); ObjectSetInteger(chart_id,"S Cross Line",OBJPROP_WIDTH,2); if(exe_time[1] == exe_time[o] && currentBarTime != lastTradeBarTime) { take_profit = MathAbs(ask_price + ((ask_price - lower_low) * RRR)); trade.Buy(lot_size,_Symbol,ask_price,lower_low,take_profit); lastTradeBarTime = currentBarTime; } } break; } } break; } } break; } } break; } } break; } } } } break; } } } } //RESISTANCE for(int i = z ; i < bars_check - z; i++) { if(IsSwingHigh(high, i, z)) { first_res_price = high[i]; first_res_max_body_price = MathMax(close[i], open[i]); first_res_time = time[i]; for(int j = i+1; j < bars_check - z; j++) { if(IsSwingHigh(high, j, z) && high[j] >= first_res_max_body_price && high[j] <= first_res_price) { second_res_price = high[j]; second_res_time = time[j]; start_choch_time = time[j+z]; resistance_object = StringFormat("RESISTANCE %f",first_res_price); res_bars = Bars(_Symbol,timeframe,first_res_time,TimeCurrent()); res_max_high_index = ArrayMaximum(high,i,res_bars); res_max_high_price = high[res_max_high_index]; if(res_max_high_price <= first_res_price) { ObjectCreate(chart_id,resistance_object,OBJ_RECTANGLE,0,first_res_time,first_res_price,TimeCurrent(),first_res_max_body_price); ObjectSetInteger(chart_id,resistance_object,OBJPROP_COLOR,clrGreen); ObjectSetInteger(chart_id,resistance_object,OBJPROP_BACK,true); ObjectSetInteger(chart_id,resistance_object,OBJPROP_FILL,true); first_high_txt = StringFormat("FIRST HIGH%d",i); ObjectCreate(chart_id,first_high_txt,OBJ_TEXT,0,first_res_time,first_res_price); ObjectSetString(chart_id,first_high_txt,OBJPROP_TEXT,"1"); second_high_txt = StringFormat("SECOND HIGH%d",i); ObjectCreate(chart_id,second_high_txt,OBJ_TEXT,0,second_res_time,second_res_price); ObjectSetString(chart_id,second_high_txt,OBJPROP_TEXT,"2"); if(exe_total_symbol_bars >= bars_check) { for(int k = 4; k < bars_check-3; k++) { if(IsSwingHigh(exe_high, k, 3)) { higher_high = exe_high[k]; higher_high_time = exe_time[k]; for(int l = k; l < bars_check-3; l++) { if(IsSwingLow(exe_low,l,3)) { higher_low = exe_low[l]; higher_low_time = exe_time[l]; for(int m = l; m < bars_check-3; m++) { if(IsSwingHigh(exe_high, m, 3)) { high_h = exe_high[m]; high_time = exe_time[m]; for(int n = m; n < bars_check-3; n++) { if(IsSwingLow(exe_low,n,3)) { low_l = exe_low[n]; low_time = exe_time[n]; for(int o = k; o > 0; o--) { if(exe_close[o] < higher_low && exe_open[o] > higher_low) { if(higher_low < higher_high && high_h > higher_low && high_h < higher_high && low_l < high_h && low_l < higher_low && higher_high >= first_res_max_body_price && higher_high <= first_res_price && low_time > start_choch_time) { ObjectCreate(chart_id,"HHHL",OBJ_TREND,0,higher_high_time,higher_high,higher_low_time,higher_low); ObjectSetInteger(chart_id,"HHHL",OBJPROP_COLOR,clrRed); ObjectSetInteger(chart_id,"HHHL",OBJPROP_WIDTH,2); ObjectCreate(chart_id,"HLH",OBJ_TREND,0,higher_low_time,higher_low,high_time,high_h); ObjectSetInteger(chart_id,"HLH",OBJPROP_COLOR,clrRed); ObjectSetInteger(chart_id,"HLH",OBJPROP_WIDTH,2); ObjectCreate(chart_id,"HL",OBJ_TREND,0,high_time,high_h,low_time,low_l); ObjectSetInteger(chart_id,"HL",OBJPROP_COLOR,clrRed); ObjectSetInteger(chart_id,"HL",OBJPROP_WIDTH,2); ObjectCreate(chart_id,"R Cross Line",OBJ_TREND,0,higher_low_time,higher_low,exe_time[o],higher_low); ObjectSetInteger(chart_id,"R Cross Line",OBJPROP_COLOR,clrRed); ObjectSetInteger(chart_id,"R Cross Line",OBJPROP_WIDTH,2); if(exe_time[1] == exe_time[o] && currentBarTime != lastTradeBarTime) { take_profit = MathAbs(ask_price - ((high_h - ask_price) * RRR)); trade.Sell(lot_size,_Symbol,ask_price,higher_high,take_profit); lastTradeBarTime = currentBarTime; } } break; } } break; } } break; } } break; } } break; } } } } break; } } } } } } //+------------------------------------------------------------------+ //| FUNCTION FOR SWING LOW | //+------------------------------------------------------------------+ bool IsSwingLow(const double &low_price[], int index, int lookback) { for(int i = 1; i <= lookback; i++) { if(low_price[index] > low_price[index - i] || low_price[index] > low_price[index + i]) return false; } return true; } //+------------------------------------------------------------------+ //| FUNCTION FOR SWING HIGH | //+------------------------------------------------------------------+ bool IsSwingHigh(const double &high_price[], int index, int lookback) { for(int i = 1; i <= lookback; i++) { if(high_price[index] < high_price[index - i] || high_price[index] < high_price[index + i]) return false; // If the current high is not the highest, return false. } return true; } //+------------------------------------------------------------------+