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Float.mq4
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//+------------------------------------------------------------+
//| Float.mq4 |
//| Copyright © 2005 Barry Stander [email protected] |
//| http://www.4Africa.net/4meta/ |
//| Float |
//| Copyright © 2023 Andriy Moraru www.EarnForex.com |
//| https://www.earnforex.com/ |
//+------------------------------------------------------------+
#property copyright "Copyright © 2023, EarnForex"
#property link "https://www.earnforex.com/metatrader-indicators/Float/"
#property version "1.02"
#property strict
#property description "Float - Trend strength, volume, Fibonacci, and Dinapoli levels."
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 clrBlue
#property indicator_width1 1
#property indicator_label1 "Float Histogram"
#property indicator_color2 clrRed
#property indicator_width2 1
#property indicator_style2 STYLE_SOLID
#property indicator_label2 "Float Line"
input int Float = 200;
input string ObjectPrefix = "FI-";
input bool DisableDinapoli = false;
input bool DisableFibonacci = false;
input bool DrawVerticalLinesAsBackground = false;
input color SwingBorderColor = clrBlue;
input int SwingBorderWidth = 1;
input ENUM_LINE_STYLE SwingBorderStyle = STYLE_SOLID;
input color SwingLinesColor = clrRed;
input int SwingLinesWidth = 1;
input ENUM_LINE_STYLE SwingLinesStyle = STYLE_DOT;
input color FiboColor = clrGreen;
input int FiboWidth = 1;
input ENUM_LINE_STYLE FiboStyle = STYLE_DASH;
input color DinapoliColor = clrRed;
input int DinapoliWidth = 1;
input ENUM_LINE_STYLE DinapoliStyle = STYLE_DOT;
int prevbars;
double Histogram[];
double Line[];
void OnInit()
{
IndicatorShortName("Float");
SetIndexStyle(0, DRAW_HISTOGRAM);
SetIndexBuffer(0, Histogram);
SetIndexDrawBegin(0, Float * 2);
SetIndexStyle(1, DRAW_LINE);
SetIndexBuffer(1, Line);
SetIndexDrawBegin(1, Float * 2);
}
void OnDeinit(const int reason)
{
ObjectsDeleteAll(ChartID(), ObjectPrefix);
Comment("");
}
int OnCalculate(const int rates_total,
const int prev_calculated,
const datetime& time_timeseries[],
const double& open[],
const double& high[],
const double& low[],
const double& close[],
const long& tick_volume[],
const long& volume[],
const int& spread[]
)
{
if (Bars - prevbars < 1) return rates_total; // Do not recalculate yet.
prevbars = Bars;
bool first = true;
long cumulativeV = 0;
double FLOATV = 0, high_bar = 0, low_bar = 0;
int bars_high = 0, bars_low = 0, shift, swing_time = 0, cvstart = 0, cvend = 0;
int loopbegin = Bars - Float;
for (shift = loopbegin; shift >= 0; shift--)
{
// Find bar counts.
bars_high = iHighest(NULL, 0, MODE_HIGH, Float, 1);
bars_low = iLowest(NULL, 0, MODE_LOW, Float, 1);
// Find the high and low values over the period.
high_bar = High[bars_high];
low_bar = Low[bars_low];
// Find cumulative volume for float period.
if (bars_high < bars_low) // Uptrend.
{
cvstart = bars_low;
cvend = bars_high;
}
else // Downtrend.
{
cvstart = bars_high;
cvend = bars_low;
}
if ((first) && (FLOATV == 0))
{
for (shift = cvstart; shift >= cvend; shift--)
{
FLOATV = FLOATV + Volume[shift];
first = false;
}
}
}
// Find float time barcount.
swing_time = MathAbs(bars_low - bars_high);
// Find cumulative volume since last turnover.
for (shift = cvstart; shift >= 0; shift--)
{
cumulativeV += Volume[shift];
if (cumulativeV >= FLOATV) cumulativeV = 0;
Histogram[shift] = cumulativeV * 0.001; // Blue histogram.
Line[shift] = FLOATV * 0.001; // Red line.
}
Comment(
"\n", "High was ", bars_high, " bars ago",
"\n", "Low was ", bars_low, " bars ago", "\n",
"\n", "Float time was = ", swing_time, " bars",
"\n", "Float volume left = ", FLOATV - cumulativeV,
"\n", "Float volume = ", FLOATV);
ObjectDelete(ObjectPrefix + "Swingtop");
ObjectCreate(ObjectPrefix + "Swingtop", OBJ_TREND, 0, Time[cvstart], high_bar, Time[1], high_bar);
ObjectSet(ObjectPrefix + "Swingtop", OBJPROP_STYLE, SwingBorderStyle);
ObjectSet(ObjectPrefix + "Swingtop", OBJPROP_COLOR, SwingBorderColor);
ObjectSet(ObjectPrefix + "Swingtop", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Swingtop", OBJPROP_WIDTH, SwingBorderWidth);
ObjectDelete(ObjectPrefix + "Swingbottom");
ObjectCreate(ObjectPrefix + "Swingbottom", OBJ_TREND, 0, Time[cvstart], low_bar, Time[1], low_bar);
ObjectSet(ObjectPrefix + "Swingbottom", OBJPROP_STYLE, SwingBorderStyle);
ObjectSet(ObjectPrefix + "Swingbottom", OBJPROP_COLOR, SwingBorderColor);
ObjectSet(ObjectPrefix + "Swingbottom", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Swingbottom", OBJPROP_WIDTH, SwingBorderWidth);
if ((!DisableDinapoli) || (!DisableFibonacci))
{
// Fibonacci.
ObjectDelete(ObjectPrefix + "Fib23");
ObjectDelete(ObjectPrefix + "Fib38");
ObjectDelete(ObjectPrefix + "Fib50");
ObjectDelete(ObjectPrefix + "Fib62");
ObjectDelete(ObjectPrefix + "Fib76");
ObjectDelete(ObjectPrefix + "Fib23t");
ObjectDelete(ObjectPrefix + "Fib38t");
ObjectDelete(ObjectPrefix + "Fib50t");
ObjectDelete(ObjectPrefix + "Fib62t");
ObjectDelete(ObjectPrefix + "Fib76t");
ObjectDelete(ObjectPrefix + "Dinap0");
ObjectDelete(ObjectPrefix + "Dinap1");
ObjectDelete(ObjectPrefix + "Dinap2");
ObjectDelete(ObjectPrefix + "Dinap3");
ObjectDelete(ObjectPrefix + "Dinap4");
ObjectDelete(ObjectPrefix + "Dinap5");
double Fib23 = ((high_bar - low_bar) * 0.236) + low_bar;
double Fib38 = ((high_bar - low_bar) * 0.382) + low_bar;
double Fib50 = ((high_bar - low_bar) / 2) + low_bar;
double Fib62 = ((high_bar - low_bar) * 0.618) + low_bar;
double Fib76 = ((high_bar - low_bar) * 0.764) + low_bar;
if (!DisableFibonacci)
{
ObjectCreate(ObjectPrefix + "Fib23", OBJ_TREND, 0, Time[cvstart], Fib23, Time[1], Fib23);
ObjectSet(ObjectPrefix + "Fib23", OBJPROP_STYLE, FiboStyle);
ObjectSet(ObjectPrefix + "Fib23", OBJPROP_COLOR, FiboColor);
ObjectSet(ObjectPrefix + "Fib23", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Fib23", OBJPROP_WIDTH, FiboWidth);
ObjectCreate(ObjectPrefix + "Fib23t", OBJ_TEXT, 0, Time[1], Fib23);
ObjectSetText(ObjectPrefix + "Fib23t", "23.6", 8, "Arial", FiboColor);
ObjectCreate(ObjectPrefix + "Fib38", OBJ_TREND, 0, Time[cvstart], Fib38, Time[1], Fib38);
ObjectSet(ObjectPrefix + "Fib38", OBJPROP_STYLE, FiboStyle);
ObjectSet(ObjectPrefix + "Fib38", OBJPROP_COLOR, FiboColor);
ObjectSet(ObjectPrefix + "Fib38", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Fib38", OBJPROP_WIDTH, FiboWidth);
ObjectCreate(ObjectPrefix + "Fib38t", OBJ_TEXT, 0, Time[1], Fib38);
ObjectSetText(ObjectPrefix + "Fib38t", "38.2", 8, "Arial", FiboColor);
ObjectCreate(ObjectPrefix + "Fib50", OBJ_TREND, 0, Time[cvstart], Fib50, Time[1], Fib50);
ObjectSet(ObjectPrefix + "Fib50", OBJPROP_STYLE, STYLE_SOLID);
ObjectSet(ObjectPrefix + "Fib50", OBJPROP_COLOR, FiboColor);
ObjectSet(ObjectPrefix + "Fib50", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Fib50", OBJPROP_WIDTH, FiboWidth + 1);
ObjectCreate(ObjectPrefix + "Fib50t", OBJ_TEXT, 0, Time[1], Fib50);
ObjectSetText(ObjectPrefix + "Fib50t", "50", 8, "Arial", FiboColor);
ObjectCreate(ObjectPrefix + "Fib62", OBJ_TREND, 0, Time[cvstart], Fib62, Time[1], Fib62);
ObjectSet(ObjectPrefix + "Fib62", OBJPROP_STYLE, FiboStyle);
ObjectSet(ObjectPrefix + "Fib62", OBJPROP_COLOR, FiboColor);
ObjectSet(ObjectPrefix + "Fib62", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Fib62", OBJPROP_WIDTH, FiboWidth);
ObjectCreate(ObjectPrefix + "Fib62t", OBJ_TEXT, 0, Time[1], Fib62);
ObjectSetText(ObjectPrefix + "Fib62t", "61.8", 8, "Arial", FiboColor);
ObjectCreate(ObjectPrefix + "Fib76", OBJ_TREND, 0, Time[cvstart], Fib76, Time[1], Fib76);
ObjectSet(ObjectPrefix + "Fib76", OBJPROP_STYLE, FiboStyle);
ObjectSet(ObjectPrefix + "Fib76", OBJPROP_COLOR, FiboColor);
ObjectSet(ObjectPrefix + "Fib76", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Fib76", OBJPROP_WIDTH, FiboWidth);
ObjectCreate(ObjectPrefix + "Fib76t", OBJ_TEXT, 0, Time[1], Fib76);
ObjectSetText(ObjectPrefix + "Fib76t", "76.4", 8, "Arial", FiboColor);
}
// Dinapoli.
if (!DisableDinapoli)
{
double Dinap0 = (low_bar + Fib23) / 2;
double Dinap1 = (Fib23 + Fib38) / 2;
double Dinap2 = (Fib38 + Fib50) / 2;
double Dinap3 = (Fib50 + Fib62) / 2;
double Dinap4 = (Fib62 + Fib76) / 2;
double Dinap5 = (high_bar + Fib76) / 2;
ObjectCreate(ObjectPrefix + "Dinap0", OBJ_TREND, 0, Time[cvstart], Dinap0, Time[1], Dinap0);
ObjectSet(ObjectPrefix + "Dinap0", OBJPROP_STYLE, DinapoliStyle);
ObjectSet(ObjectPrefix + "Dinap0", OBJPROP_COLOR, DinapoliColor);
ObjectSet(ObjectPrefix + "Dinap0", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Dinap0", OBJPROP_WIDTH, DinapoliWidth);
ObjectCreate(ObjectPrefix + "Dinap1", OBJ_TREND, 0, Time[cvstart], Dinap1, Time[1], Dinap1);
ObjectSet(ObjectPrefix + "Dinap1", OBJPROP_STYLE, DinapoliStyle);
ObjectSet(ObjectPrefix + "Dinap1", OBJPROP_COLOR, DinapoliColor);
ObjectSet(ObjectPrefix + "Dinap1", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Dinap1", OBJPROP_WIDTH, DinapoliWidth);
ObjectCreate(ObjectPrefix + "Dinap2", OBJ_TREND, 0, Time[cvstart], Dinap2, Time[1], Dinap2);
ObjectSet(ObjectPrefix + "Dinap2", OBJPROP_STYLE, DinapoliStyle);
ObjectSet(ObjectPrefix + "Dinap2", OBJPROP_COLOR, DinapoliColor);
ObjectSet(ObjectPrefix + "Dinap2", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Dinap2", OBJPROP_WIDTH, DinapoliWidth);
ObjectCreate(ObjectPrefix + "Dinap3", OBJ_TREND, 0, Time[cvstart], Dinap3, Time[1], Dinap3);
ObjectSet(ObjectPrefix + "Dinap3", OBJPROP_STYLE, DinapoliStyle);
ObjectSet(ObjectPrefix + "Dinap3", OBJPROP_COLOR, DinapoliColor);
ObjectSet(ObjectPrefix + "Dinap3", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Dinap3", OBJPROP_WIDTH, DinapoliWidth);
ObjectCreate(ObjectPrefix + "Dinap4", OBJ_TREND, 0, Time[cvstart], Dinap4, Time[1], Dinap4);
ObjectSet(ObjectPrefix + "Dinap4", OBJPROP_STYLE, DinapoliStyle);
ObjectSet(ObjectPrefix + "Dinap4", OBJPROP_COLOR, DinapoliColor);
ObjectSet(ObjectPrefix + "Dinap4", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Dinap4", OBJPROP_WIDTH, DinapoliWidth);
ObjectCreate(ObjectPrefix + "Dinap5", OBJ_TREND, 0, Time[cvstart], Dinap5, Time[1], Dinap5);
ObjectSet(ObjectPrefix + "Dinap5", OBJPROP_STYLE, DinapoliStyle);
ObjectSet(ObjectPrefix + "Dinap5", OBJPROP_COLOR, DinapoliColor);
ObjectSet(ObjectPrefix + "Dinap5", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Dinap5", OBJPROP_WIDTH, DinapoliWidth);
}
}
// Vertical float lines. These draw the lines that calculate the float.
// If you change "trendline" to "vertical line", it will draw through oscillators too. Might be fun.
ObjectDelete(ObjectPrefix + "CVSTART");
ObjectCreate(ObjectPrefix + "CVSTART", OBJ_TREND, 0, Time[cvstart], high_bar, Time[cvstart], low_bar * Point);
ObjectSet(ObjectPrefix + "CVSTART", OBJPROP_STYLE, SwingBorderStyle);
ObjectSet(ObjectPrefix + "CVSTART", OBJPROP_COLOR, SwingBorderColor);
ObjectSet(ObjectPrefix + "CVSTART", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "CVSTART", OBJPROP_WIDTH, SwingBorderWidth);
ObjectSet(ObjectPrefix + "CVSTART", OBJPROP_BACK, DrawVerticalLinesAsBackground);
ObjectDelete(ObjectPrefix + "CVEND");
ObjectCreate(ObjectPrefix + "CVEND", OBJ_TREND, 0, Time[cvend], high_bar, Time[cvend], low_bar * Point);
ObjectSet(ObjectPrefix + "CVEND", OBJPROP_STYLE, SwingBorderStyle);
ObjectSet(ObjectPrefix + "CVEND", OBJPROP_COLOR, SwingBorderColor);
ObjectSet(ObjectPrefix + "CVEND", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "CVEND", OBJPROP_WIDTH, SwingBorderWidth);
ObjectSet(ObjectPrefix + "CVEND", OBJPROP_BACK, DrawVerticalLinesAsBackground);
// Vertical float predictions. These are time-based only.
// See blue histogram for real float values.
// If you change "trendline" to "vertical line", it will draw through oscillators too. Might be fun.
ObjectDelete(ObjectPrefix + "Swingend");
if (cvend - swing_time > 0)
{
ObjectCreate(ObjectPrefix + "Swingend", OBJ_TREND, 0, Time[(cvend - swing_time) + 5], high_bar, Time[cvend - swing_time + 5], low_bar);
ObjectSet(ObjectPrefix + "Swingend", OBJPROP_STYLE, SwingLinesStyle);
ObjectSet(ObjectPrefix + "Swingend", OBJPROP_COLOR, SwingLinesColor);
ObjectSet(ObjectPrefix + "Swingend", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Swingend", OBJPROP_WIDTH, SwingLinesWidth);
}
ObjectDelete(ObjectPrefix + "Swingend2");
if (cvend - (swing_time * 2) > 0)
{
ObjectCreate(ObjectPrefix + "Swingend2", OBJ_TREND, 0, Time[(cvend - (swing_time * 2)) + 5], high_bar, Time[cvend - (swing_time * 2) + 5], low_bar);
ObjectSet(ObjectPrefix + "Swingend2", OBJPROP_STYLE, SwingLinesStyle);
ObjectSet(ObjectPrefix + "Swingend2", OBJPROP_COLOR, SwingLinesColor);
ObjectSet(ObjectPrefix + "Swingend2", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Swingend2", OBJPROP_WIDTH, SwingLinesWidth);
}
ObjectDelete(ObjectPrefix + "Swingend3");
if (cvend - (swing_time * 3) > 0)
{
ObjectCreate(ObjectPrefix + "Swingend3", OBJ_TREND, 0, Time[(cvend - (swing_time * 3)) + 5], high_bar, Time[cvend - (swing_time * 3) + 5], low_bar);
ObjectSet(ObjectPrefix + "Swingend3", OBJPROP_STYLE, SwingLinesStyle);
ObjectSet(ObjectPrefix + "Swingend3", OBJPROP_COLOR, SwingLinesColor);
ObjectSet(ObjectPrefix + "Swingend3", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Swingend3", OBJPROP_WIDTH, SwingLinesWidth);
}
ObjectDelete(ObjectPrefix + "Swingend4");
if (cvend - (swing_time * 4) > 0)
{
ObjectCreate(ObjectPrefix + "Swingend4", OBJ_TREND, 0, Time[(cvend - (swing_time * 4)) + 5], high_bar, Time[cvend - (swing_time * 4) + 5], low_bar);
ObjectSet(ObjectPrefix + "Swingend4", OBJPROP_STYLE, SwingLinesStyle);
ObjectSet(ObjectPrefix + "Swingend4", OBJPROP_COLOR, SwingLinesColor);
ObjectSet(ObjectPrefix + "Swingend4", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Swingend4", OBJPROP_WIDTH, SwingLinesWidth);
}
ObjectDelete(ObjectPrefix + "Swingend5");
if (cvend - (swing_time * 5) > 0)
{
ObjectCreate(ObjectPrefix + "Swingend5", OBJ_TREND, 0, Time[(cvend - (swing_time * 5)) + 5], high_bar, Time[cvend - (swing_time * 5) + 5], low_bar);
ObjectSet(ObjectPrefix + "Swingend5", OBJPROP_STYLE, SwingLinesStyle);
ObjectSet(ObjectPrefix + "Swingend5", OBJPROP_COLOR, SwingLinesColor);
ObjectSet(ObjectPrefix + "Swingend5", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Swingend5", OBJPROP_WIDTH, SwingLinesWidth);
}
ObjectDelete(ObjectPrefix + "Swingend6");
if (cvend - (swing_time * 6) > 0)
{
ObjectCreate(ObjectPrefix + "Swingend6", OBJ_TREND, 0, Time[cvend - (swing_time * 6) + 5], high_bar, Time[cvend - (swing_time * 6) + 5], low_bar);
ObjectSet(ObjectPrefix + "Swingend6", OBJPROP_STYLE, SwingLinesStyle);
ObjectSet(ObjectPrefix + "Swingend6", OBJPROP_COLOR, SwingLinesColor);
ObjectSet(ObjectPrefix + "Swingend6", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Swingend6", OBJPROP_WIDTH, SwingLinesWidth);
}
ObjectDelete(ObjectPrefix + "Swingend7");
if (cvend - (swing_time * 7) > 0)
{
ObjectCreate(ObjectPrefix + "Swingend7", OBJ_TREND, 0, Time[cvend - (swing_time * 7) + 5], high_bar, Time[cvend - (swing_time * 7) + 5], low_bar);
ObjectSet(ObjectPrefix + "Swingend7", OBJPROP_STYLE, SwingLinesStyle);
ObjectSet(ObjectPrefix + "Swingend7", OBJPROP_COLOR, SwingLinesColor);
ObjectSet(ObjectPrefix + "Swingend7", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Swingend7", OBJPROP_WIDTH, SwingLinesWidth);
}
ObjectDelete(ObjectPrefix + "Swingend8");
if (cvend - (swing_time * 8) > 0)
{
ObjectCreate(ObjectPrefix + "Swingend8", OBJ_TREND, 0, Time[cvend - (swing_time * 8) + 5], high_bar, Time[cvend - (swing_time * 8) + 5], low_bar);
ObjectSet(ObjectPrefix + "Swingend8", OBJPROP_STYLE, SwingLinesStyle);
ObjectSet(ObjectPrefix + "Swingend8", OBJPROP_COLOR, SwingLinesColor);
ObjectSet(ObjectPrefix + "Swingend8", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Swingend8", OBJPROP_WIDTH, SwingLinesWidth);
}
ObjectDelete(ObjectPrefix + "Swingend9");
if (cvend - (swing_time * 9) > 0)
{
ObjectCreate(ObjectPrefix + "Swingend9", OBJ_TREND, 0, Time[cvend - (swing_time * 9) + 5], high_bar, Time[cvend - (swing_time * 9) + 5], low_bar);
ObjectSet(ObjectPrefix + "Swingend9", OBJPROP_STYLE, SwingLinesStyle);
ObjectSet(ObjectPrefix + "Swingend9", OBJPROP_COLOR, SwingLinesColor);
ObjectSet(ObjectPrefix + "Swingend9", OBJPROP_RAY, 0);
ObjectSet(ObjectPrefix + "Swingend9", OBJPROP_WIDTH, SwingLinesWidth);
}
return rates_total;
}
//+------------------------------------------------------------------+