Weekly and Monthly (Daily) Pivot Point Indicators

Here you go.

I deleted the calculations that was showing in the top left corner to tidy it up.

Hello Neil:
All these 3 indicators were working fine till Friday.
When I opened my platform this evening, I found Fibonacci Pivots THV is working fine, but the fibopiv weekly and fibopiv monthly are not appearing on the chart. When I right clicked on the chart, they are in the list of indicators, but they are not showing up on the chart! I have no idea why they are not appearing!
Any idea what happened and you know how to fix it?

Paul Ika

Neil:
Since yesterday, all 3 are working fine now, I am not sure what happened day before yesterday!
I did not do anything different!
Thx for your immense help.

Paul Ika

Neil:
The daily fib pivot indicator (THV) appears fine on the 1st day of the week (Sunday) at 5pm EST on the chart.
I live in Boston, USA in EST time zone.
However, I do not see weekly and monthly indicator lines on the chart as yet. It is 9 am EST Monday in Boston right now.
Is there anyway, you can look at the code and see why weekly and monthly indicators are not appearing right at the beginning of the forex week (starting from Sunday 5pm EST).
Anxiously waiting for your response.

Paul Ika

It seems to be the same with the original indicators you supplied. And not something I have changed.

Maybe a more experienced coder can help you. As it's not something I could do.

Thx so much Neal. You already helped a great deal.

To anybody out there, experienced coders, can you look at this code and see why these weekly and monthly fib pivot indicator lines are NOT showing up right at the beginning of the week? Daily fib pivot indicator is fine, it shows up right at the beginning of the day, weekly and monthly are not!

Paul Ika

Hi Paul,
Try these out, not the same as yours but see if they work Sunday for you.

Billy, Thx much. I am going to try this Sunday and I will let you know.
Paul Ika

Please all i want is a PivotPoint Indicator for MT4
Here's a sketch of what i would like to see on the top left corner of my screen

EURUSD Supp2 Supp1 Pivot Ress1 Ress2
Daily ****** ****** ****** ****** ******
Weekly ****** ****** ****** ****** ******
Monthly ****** ****** ****** ****** ******

Where "******" is the current Pivot values (for EURUSD) as stated up there.
These values are expected to change if attached to other Forex pairs

Indicator Details
Fonts: Verdana
Size: 7
Color: Default Chart Background Color (With option to change)
Postion: Left Top Corner (with option to change the X&Y Axis)

I Like it simple, no lines please just values.
Your effort is greatly appreciated

Hi Guys,
I'm looking for a pivot point plotter that will work on a range bar chart. There a few here that do but none that plot previous days pivots as well as with a GMT offset. PZ pivot points works but no GMT offset. then auto-pivot-plotter would be perfect but goes haywire on range bar charts.
Any advice would be greatly appreciated!

I'm copied you Indic... hope that usefull... thank so much ...

Hi Billy,
Any way you could add 78.6 Support and Resistance to the weekly pibvot?

Thank you Billy for sharing this indi it is exactly what I was looking for

Hello guys and gals

Please can someone tell me why my weekly pivot indi is not drawing the WS1, WS2 and WR2 lines. Other lines are drawn perfectly. Thanks in advance.


#property copyright "Copyright 2014, Macka"
#property link ""
#property indicator_chart_window
#property indicator_buffers 7
#property indicator_color1 Green
#property indicator_color2 Green
#property indicator_color3 Green
#property indicator_color4 Green
#property indicator_color5 Green
#property indicator_color6 Green
#property indicator_color7 Green
//---- input parameters
extern color SupportLabelColor=Green;
extern color ResistanceLabelColor=Green;
extern color PivotLabelColor=Green;
extern int fontsize=10;
extern int LabelShift = 0;
//---- 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";
double P,S1,R1,S2,R2,S3,R3;
double last_week_high, last_week_low, this_week_open, last_week_close;
datetime LabelShiftTime;
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- TODO: add your code here
ObjectDelete("WeeklyPivot");
ObjectDelete("WSup1");
ObjectDelete("WRes1");
ObjectDelete("WSup2");
ObjectDelete("WRes2");
ObjectDelete("WSup3");
ObjectDelete("WRes3");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;

//---- indicator line
SetIndexStyle(0,DRAW_LINE,STYLE_SOLID);
SetIndexStyle(1,DRAW_LINE,STYLE_DOT);
SetIndexStyle(2,DRAW_LINE,STYLE_DOT);
SetIndexStyle(3,DRAW_LINE,STYLE_DASHDOT);
SetIndexStyle(4,DRAW_LINE,STYLE_DASHDOT);
SetIndexStyle(5,DRAW_LINE,STYLE_DASH);
SetIndexStyle(6,DRAW_LINE,STYLE_DASH);
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 Weekly";
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)
{
if(Period() > 1440)
{
Print("Error - Chart period is greater than 1 day.");
return(-1); // then exit
}

}
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]) )
{
last_week_close = Close[i+1];
this_week_open = Open[i];
// WeeklyPivot
P = (last_week_high + last_week_low + last_week_close) / 3;
R1 = (2*P)-last_week_low;
S1 = P-R1+S1;
R2 = P-S1+R1;

R3 = (2*P)+(last_week_high-(2*last_week_low));
S3 = (2*P)-((2* last_week_high)-last_week_low);
S2 = P-R1+S1;
last_week_low=Low[i]; last_week_high=High[i];
LabelShiftTime = Time[LabelShift];
ObjectCreate("WeeklyPivot", OBJ_TEXT, 0,LabelShiftTime,0);
ObjectSetText("WeeklyPivot", " . WPP "+DoubleToStr(P,4),fontsize,"Arial",PivotLabelColor);
SetIndexLabel(0, "W Pivot Point");
ObjectCreate("WSup1", OBJ_TEXT, 0, 0, 0);
ObjectSetText("WSup1", " . WS1 "+DoubleToStr(S1,4),fontsize,"Arial",SupportLabelColor);
SetIndexLabel(1, "WSup1");
ObjectCreate("WRes1", OBJ_TEXT, 0, LabelShiftTime, 0);
ObjectSetText("WRes1", " . WR1 "+DoubleToStr(R1,4),fontsize,"Arial",ResistanceLabelColor);
SetIndexLabel(2, "WRes1");
ObjectCreate("WSup2", OBJ_TEXT, 0, LabelShiftTime, 0);
ObjectSetText("WSup2", " . WS2 "+DoubleToStr(S2,4),fontsize,"Arial",SupportLabelColor);
SetIndexLabel(3, "WSup2");
ObjectCreate("WRes2", OBJ_TEXT, 0, LabelShiftTime, 0);
ObjectSetText("WRes2", " . WR2 "+DoubleToStr(R2,4),fontsize,"Arial",ResistanceLabelColor);
SetIndexLabel(4, "WWRes2");
ObjectCreate("WSup3", OBJ_TEXT, 0, LabelShiftTime, 0);
ObjectSetText("WSup3", " . WS3 "+DoubleToStr(S3,4),fontsize,"Arial",SupportLabelColor);
SetIndexLabel(5, "WSup3");
ObjectCreate("WRes3", OBJ_TEXT, 0, LabelShiftTime, 0);
ObjectSetText("WRes3", " . WR3 "+DoubleToStr(R3,4),fontsize,"Arial",ResistanceLabelColor);
SetIndexLabel(6, "WRes3");
ObjectMove("WeeklyPivot", 0, LabelShiftTime,P);
ObjectMove("WSup1", 0, LabelShiftTime,S1);
ObjectMove("WRes1", 0, LabelShiftTime,R1);
ObjectMove("WSup2", 0, LabelShiftTime,S2);
ObjectMove("WRes2", 0, LabelShiftTime,R2);
ObjectMove("WSup3", 0, LabelShiftTime,S3);
ObjectMove("WRes3", 0, LabelShiftTime,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);
}
//+-------------------------------------------

cee1cee-
Always either post the the file as an attachment or use CODE tags. The HTML mangles it causing more errors.

hi
will someone modify this pivot to draw correcty weeklyfibo every week in strategy tester mt4.
thanks

I created 3 new indicators(Daily, Weekly, Monthly) with some options for to be changed. Enjoy it.

Default Setting


The new functions:
- change positions of the lines (Lines Up/Dn= true)
- change the colors
- change position of the labels (Text Distance = 100)


Without the Lines ( show lines = false)

Hello guy,

where i can find like this daily fibo pivot points.

Thanks

Hi Billy,

Could you please do me a favor on this Indicator.

Currently, the labels appear right at the price action and thus overlapping the candles. It would be better if you can shift the Labels to extreme right of the window so that they don't mess with the Candlestick charts.

Therefore, can you please try to change the position of the labels (say Text Distance = 100) and recode the indicator.

Thanks

is this pivots are really working any one please