Pivots with previous days levels

Does anybody know of a daily pivot indicator that leaves the previous days levels indicated on the chart so I can go back and check previous days results, regards jonmem

This is a good daily pivot point indicator displaying 3 levels. The levels remain for the previous days. It does not crush the price data and shows up on lower time frames. It does not show m levels but these are easily worked out so they are unnecessary lines on your price chart anyway. Once you have it working, you can change the colour and width of the lines. Let me know if you have any problems loading it up.


//+------------------------------------------------------------------+
//| Pivot.mq4 |
//| Copyright 2004, Poul_Trade_Forum |
//| Aborigen |
//| http://forex.kbpauk.ru/ |
//+------------------------------------------------------------------+
#property copyright "Poul Trade Forum"
#property link "http://forex.kbpauk.ru/"

#property indicator_chart_window
//#property indicator_separate_window
#property indicator_buffers 7
#property indicator_color1 Orange
#property indicator_color2 DarkBlue
#property indicator_color3 Maroon
#property indicator_color4 DarkBlue
#property indicator_color5 Maroon
#property indicator_color6 Green
#property indicator_color7 Green
//---- input parameters

//---- buffers
double PBuffer[];
double S1Buffer[];
double R1Buffer[];
double S2Buffer[];
double R2Buffer[];
double S3Buffer[];
double R3Buffer[];
string Pivot="Pivot Point",Sup1="S 1", Res1="R 1";
string Sup2="S 2", Res2="R 2", Sup3="S 3", Res3="R 3";
int fontsize=10;
double P,S1,R1,S2,R2,S3,R3;
double LastHigh,LastLow,x;

//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- TODO: add your code here

ObjectDelete("Pivot");
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,Orange);
SetIndexStyle(1,DRAW_LINE,0,2,DarkBlue);
SetIndexStyle(2,DRAW_LINE,0,2,Maroon);
SetIndexStyle(3,DRAW_LINE,0,2,DarkBlue);
SetIndexStyle(4,DRAW_LINE,0,2,Maroon);
SetIndexStyle(5,DRAW_LINE,0,2,Green);
SetIndexStyle(6,DRAW_LINE,0,2,Green);
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="Pivot Point";
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 Point",fontsize,"Arial",Red);
ObjectCreate("Sup1", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Sup1", " S 1",fontsize,"Arial",Red);
ObjectCreate("Res1", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Res1", " R 1",fontsize,"Arial",Red);
ObjectCreate("Sup2", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Sup2", " S 2",fontsize,"Arial",Red);
ObjectCreate("Res2", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Res2", " R 2",fontsize,"Arial",Red);
ObjectCreate("Sup3", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Sup3", " S 3",fontsize,"Arial",Red);
ObjectCreate("Res3", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Res3", " R 3",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;
R1 = (2*P)-LastLow;
S1 = (2*P)-LastHigh;
R2 = P+(LastHigh - LastLow);
S2 = P-(LastHigh - LastLow);
R3 = (2*P)+(LastHigh-(2*LastLow));
S3 = (2*P)-((2* LastHigh)-LastLow);
LastLow=Open[i]; LastHigh=Open[i];

ObjectMove("Pivot", 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);

}

PBuffer[i]=P;
S1Buffer[i]=S1;
R1Buffer[i]=R1;
S2Buffer[i]=S2;
R2Buffer[i]=R2;
S3Buffer[i]=S3;
R3Buffer[i]=R3;

}

//----
return(0);
}
//+------------------------------------------------------------------+

Thanks MAC Doug I will try it out, regards Jonmem

these pivots are exactly what i was looking for, except does anyone know how to make it so they are weekly/monthly pivots instead of daily pivots?

this no longer works on my MT4 build 610. Is there an updated version?

use the .ex4-file, should work, pls. see attached:

Hi,

Where do I copy the .ex4 file to?

Thanks

it belongs in your indicators folder.
If you do not know the folderstructure use the forumsearch or google pls. (because it has already been in many threads), ...

Hi,

I copied it to the indicators folder C:\Program Files (x86)\XXXX\MQL4\Indicators and it does not appear in MT4 build 610. Any ideas?

I do not have much time, but in short how to find the right folder:

Right click with your mouse one of the indicators in your platform and choose "edit" (to open with the editor).
In the editor choose in the menu file save as. In the popup you will see the right path ...

That worked! Thank you very much! Windows 8.1 stores it in a different location to the installation files.

For me it was - C:\Users\User1\AppData\Roaming\MetaQuotes\Terminal\3B1F27ECABFCD8AC8EBD6C5EE76ACF30\MQL4\Indicators