I have a weekly indicator but am looking for it to retrieve its weekly beginning (this_week_open) at 2am Monday, and last weeks close at the close of the hour before hand.
The two lines below are from the code far below, and I believe that these are the 2 lines that I need to change.
last_week_close = Close[i+1];
this_week_open = Open[i];
But please have a look change as required.
Thank you
P.S Normally the first few hours do not have the high and low of the week in them, so I'm not really concerned with that affecting the PP calculations.
The two lines below are from the code far below, and I believe that these are the 2 lines that I need to change.
last_week_close = Close[i+1];
this_week_open = Open[i];
But please have a look change as required.
Thank you
P.S Normally the first few hours do not have the high and low of the week in them, so I'm not really concerned with that affecting the PP calculations.
Inserted Code
//+------------------------------------------------------------------+
//| WeeklyPivotIndicator.mq4 |
//| Copyright © 2009, MetaQuotes Software Corp. |
//| http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property indicator_chart_window
#property indicator_buffers 7
#property indicator_color1 Magenta
#property indicator_color2 RoyalBlue
#property indicator_color3 Crimson
#property indicator_color4 RoyalBlue
#property indicator_color5 Crimson
#property indicator_color6 SeaGreen
#property indicator_color7 SeaGreen
//---- input parameters
//---- 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";
int fontsize=10;
double P,S1,R1,S2,R2,S3,R3;
double last_week_high, last_week_low, this_week_open, last_week_close;
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- TODO: add your code here
ObjectDelete("WeeklyPivot");
ObjectDelete("Sup1");
ObjectDelete("Res1");
ObjectDelete("Sup2");
ObjectDelete("Res2");
ObjectDelete("Sup3");
ObjectDelete("Res3");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- indicator line
SetIndexStyle(0,DRAW_LINE,0,2,Magenta);
SetIndexStyle(1,DRAW_LINE,0,2,RoyalBlue);
SetIndexStyle(2,DRAW_LINE,0,2,Crimson);
SetIndexStyle(3,DRAW_LINE,0,2,RoyalBlue);
SetIndexStyle(4,DRAW_LINE,0,2,Crimson);
SetIndexStyle(5,DRAW_LINE,0,2,SeaGreen);
SetIndexStyle(6,DRAW_LINE,0,2,SeaGreen);
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="WeeklyPivotPoint";
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)
{
ObjectCreate("WeeklyPivot", OBJ_TEXT, 0, 0,0);
ObjectSetText("WeeklyPivot", " Weekly Pivot Point",fontsize,"Arial",Red);
ObjectCreate("Sup1", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Sup1", " wS 1",fontsize,"Arial",Red);
ObjectCreate("Res1", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Res1", " wR 1",fontsize,"Arial",Red);
ObjectCreate("Sup2", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Sup2", " wS 2",fontsize,"Arial",Red);
ObjectCreate("Res2", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Res2", " wR 2",fontsize,"Arial",Red);
ObjectCreate("Sup3", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Sup3", " wS 3",fontsize,"Arial",Red);
ObjectCreate("Res3", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Res3", " wR 3",fontsize,"Arial",Red);
}
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]))
{
[color=Red] last_week_close = Close[i+1];
this_week_open = Open[i];[/color]
// WeeklyPivot
P = (last_week_high + last_week_low + this_week_open + last_week_close) / 4;
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];
ObjectMove("WeeklyPivot", 0, Time[i],P);
ObjectMove("Sup1", 0, Time[i],S1);
ObjectMove("Res1", 0, Time[i],R1);
ObjectMove("Sup2", 0, Time[i],S2);
ObjectMove("Res2", 0, Time[i],R2);
ObjectMove("Sup3", 0, Time[i],S3);
ObjectMove("Res3", 0, Time[i],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);
}
//+------------------------------------------------------------------+