Category Other  Published on 26/07/2017

All Pivots

Description

Plot PIVOT POINTS


using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;

namespace cAlgo.Indicators
{
    [Indicator(IsOverlay = true, TimeZone = TimeZones.EasternStandardTime, AccessRights = AccessRights.None)]
    public class AllPivots : Indicator
    {
        private DateTime _previousPeriodStartTime;
        private int _previousPeriodStartIndex;
        private TimeFrame PivotTimeFrame;
        private VerticalAlignment vAlignment = VerticalAlignment.Top;
        private HorizontalAlignment hAlignment = HorizontalAlignment.Right;

        public string PP;

        Colors pivotColor = Colors.Magenta;
        Colors supportColor = Colors.Red;
        Colors resistanceColor = Colors.DodgerBlue;
        Colors pmedioColor = Colors.Green;

        [Parameter("Show Labels", DefaultValue = true)]
        public bool ShowLabels { get; set; }

        [Parameter("Pivot Color", DefaultValue = "Magenta")]
        public string PivotColor { get; set; }
        [Parameter("Support Color", DefaultValue = "Red")]
        public string SupportColor { get; set; }
        [Parameter("Resistance Color", DefaultValue = "DodgerBlue")]
        public string ResistanceColor { get; set; }
        [Parameter("PMedio Color", DefaultValue = "Green")]
        public string PmedioColor { get; set; }

        [Parameter("Espessura Pivot", DefaultValue = 1)]
        public int Espessura { get; set; }

        [Parameter("Espessura Pivot Medio", DefaultValue = 1)]
        public int Espessura2 { get; set; }


        protected override void Initialize()
        {


            if (TimeFrame < TimeFrame.Hour4)
            {
                PivotTimeFrame = TimeFrame.Daily;
                PP = "P Daily";
            }


            if ((TimeFrame >= TimeFrame.Hour4) && (TimeFrame < TimeFrame.Weekly))
            {
                PivotTimeFrame = TimeFrame.Weekly;
                PP = "P Weekly";
            }


            if (TimeFrame >= TimeFrame.Weekly)
            {
                PivotTimeFrame = TimeFrame.Monthly;
                PP = "P Monthly";
            }


            Enum.TryParse(PivotColor, out pivotColor);
            Enum.TryParse(SupportColor, out supportColor);
            Enum.TryParse(ResistanceColor, out resistanceColor);
            Enum.TryParse(PmedioColor, out pmedioColor);

        }

        private DateTime GetStartOfPeriod(DateTime dateTime)
        {
            return CutToOpenByNewYork(dateTime, PivotTimeFrame);
        }

        private DateTime GetEndOfPeriod(DateTime dateTime)
        {
            if (PivotTimeFrame == TimeFrame.Monthly)
            {
                return new DateTime(dateTime.Year, dateTime.Month, 1).AddMonths(1);
            }

            return AddPeriod(CutToOpenByNewYork(dateTime, PivotTimeFrame), PivotTimeFrame);
        }

        public override void Calculate(int index)
        {
            var currentPeriodStartTime = GetStartOfPeriod(MarketSeries.OpenTime[index]);
            if (currentPeriodStartTime == _previousPeriodStartTime)
                return;

            if (index > 0)
                CalculatePivots(_previousPeriodStartTime, _previousPeriodStartIndex, currentPeriodStartTime, index);

            _previousPeriodStartTime = currentPeriodStartTime;
            _previousPeriodStartIndex = index;
        }

        private void CalculatePivots(DateTime startTime, int startIndex, DateTime startTimeOfNextPeriod, int index)
        {
            var high = MarketSeries.High[startIndex];
            var low = MarketSeries.Low[startIndex];
            var close = MarketSeries.Close[startIndex];
            var i = startIndex + 1;

            while (GetStartOfPeriod(MarketSeries.OpenTime[i]) == startTime && i < MarketSeries.Close.Count)
            {
                high = Math.Max(high, MarketSeries.High[i]);
                low = Math.Min(low, MarketSeries.Low[i]);
                close = MarketSeries.Close[i];

                i++;
            }

            var pivotStartTime = startTimeOfNextPeriod;
            var pivotEndTime = GetEndOfPeriod(startTimeOfNextPeriod);

            var pivot = (high + low + close) / 3;

            var r1 = 2 * pivot - low;
            var s1 = 2 * pivot - high;

            var r2 = pivot + high - low;
            var s2 = pivot - high + low;

            var r3 = high + 2 * (pivot - low);
            var s3 = low - 2 * (high - pivot);

            var r4 = r3 + pivot - low;
            var s4 = s3 + pivot - high;


            var m0 = (s4 + s3) / 2;
            var m1 = (s3 + s2) / 2;
            var m2 = (s2 + s1) / 2;
            var m3 = (s1 + pivot) / 2;
            var m4 = (pivot + r1) / 2;
            var m5 = (r1 + r2) / 2;
            var m6 = (r2 + r3) / 2;
            var m7 = (r3 + r4) / 2;


            ChartObjects.DrawLine("pivot " + startIndex, pivotStartTime, pivot, pivotEndTime, pivot, pivotColor, Espessura, LineStyle.Solid);
            ChartObjects.DrawLine("r1 " + startIndex, pivotStartTime, r1, pivotEndTime, r1, resistanceColor, Espessura, LineStyle.Solid);
            ChartObjects.DrawLine("r2 " + startIndex, pivotStartTime, r2, pivotEndTime, r2, resistanceColor, Espessura, LineStyle.Solid);
            ChartObjects.DrawLine("r3 " + startIndex, pivotStartTime, r3, pivotEndTime, r3, Colors.Aqua, Espessura, LineStyle.Solid);
            ChartObjects.DrawLine("r4 " + startIndex, pivotStartTime, r4, pivotEndTime, r4, Colors.SlateBlue, Espessura, LineStyle.Solid);

            ChartObjects.DrawLine("s1 " + startIndex, pivotStartTime, s1, pivotEndTime, s1, supportColor, Espessura, LineStyle.Solid);
            ChartObjects.DrawLine("s2 " + startIndex, pivotStartTime, s2, pivotEndTime, s2, supportColor, Espessura, LineStyle.Solid);
            ChartObjects.DrawLine("s3 " + startIndex, pivotStartTime, s3, pivotEndTime, s3, Colors.Yellow, Espessura, LineStyle.Solid);
            ChartObjects.DrawLine("s4 " + startIndex, pivotStartTime, s4, pivotEndTime, s4, Colors.Orange, Espessura, LineStyle.Solid);


            ChartObjects.DrawLine("m0 " + startIndex, pivotStartTime, m0, pivotEndTime, m0, pmedioColor, Espessura2, LineStyle.DotsRare);
            ChartObjects.DrawLine("m1 " + startIndex, pivotStartTime, m1, pivotEndTime, m1, pmedioColor, Espessura2, LineStyle.DotsRare);
            ChartObjects.DrawLine("m2 " + startIndex, pivotStartTime, m2, pivotEndTime, m2, pmedioColor, Espessura2, LineStyle.DotsRare);
            ChartObjects.DrawLine("m3 " + startIndex, pivotStartTime, m3, pivotEndTime, m3, pmedioColor, Espessura2, LineStyle.DotsRare);

            ChartObjects.DrawLine("m4 " + startIndex, pivotStartTime, m4, pivotEndTime, m4, pmedioColor, Espessura2, LineStyle.DotsRare);
            ChartObjects.DrawLine("m5 " + startIndex, pivotStartTime, m5, pivotEndTime, m5, pmedioColor, Espessura2, LineStyle.DotsRare);
            ChartObjects.DrawLine("m6 " + startIndex, pivotStartTime, m6, pivotEndTime, m6, pmedioColor, Espessura2, LineStyle.DotsRare);
            ChartObjects.DrawLine("m7 " + startIndex, pivotStartTime, m7, pivotEndTime, m7, pmedioColor, Espessura2, LineStyle.DotsRare);

            if (!ShowLabels)
                return;

            ChartObjects.DrawText("Lpivot " + startIndex, PP, index, pivot, vAlignment, hAlignment, Colors.White);
            ChartObjects.DrawText("Lr1 " + startIndex, "R1", index, r1, vAlignment, hAlignment, resistanceColor);
            ChartObjects.DrawText("Lr2 " + startIndex, "R2", index, r2, vAlignment, hAlignment, resistanceColor);
            ChartObjects.DrawText("Lr3 " + startIndex, "R3", index, r3, vAlignment, hAlignment, Colors.Aqua);
            ChartObjects.DrawText("Lr4 " + startIndex, "R4", index, r4, vAlignment, hAlignment, Colors.SlateBlue);

            ChartObjects.DrawText("Ls1 " + startIndex, "S1", index, s1, vAlignment, hAlignment, supportColor);
            ChartObjects.DrawText("Ls2 " + startIndex, "S2", index, s2, vAlignment, hAlignment, supportColor);
            ChartObjects.DrawText("Ls3 " + startIndex, "S3", index, s3, vAlignment, hAlignment, Colors.Yellow);
            ChartObjects.DrawText("Ls4 " + startIndex, "S4", index, s4, vAlignment, hAlignment, Colors.Orange);


        }


        private static DateTime CutToOpenByNewYork(DateTime date, TimeFrame timeFrame)
        {
            if (timeFrame == TimeFrame.Daily)
            {
                var hourShift = (date.Hour + 24 - 17) % 24;
                return new DateTime(date.Year, date.Month, date.Day, date.Hour, 0, 0, DateTimeKind.Unspecified).AddHours(-hourShift);
            }

            if (timeFrame == TimeFrame.Weekly)
                return GetStartOfTheWeek(date);

            if (timeFrame == TimeFrame.Monthly)
            {
                return new DateTime(date.Year, date.Month, 1, 0, 0, 0, DateTimeKind.Unspecified);
            }

            throw new ArgumentException(string.Format("Unknown timeframe: {0}", timeFrame), "timeFrame");
        }

        private static DateTime GetStartOfTheWeek(DateTime dateTime)
        {
            return dateTime.Date.AddDays((double)DayOfWeek.Sunday - (double)dateTime.Date.DayOfWeek).AddHours(-7);
        }


        public DateTime AddPeriod(DateTime dateTime, TimeFrame timeFrame)
        {
            if (timeFrame == TimeFrame.Daily)
            {
                return dateTime.AddDays(1);
            }
            if (timeFrame == TimeFrame.Weekly)
            {
                return dateTime.AddDays(7);
            }
            if (timeFrame == TimeFrame.Monthly)
                return dateTime.AddMonths(1);

            throw new ArgumentException(string.Format("Unknown timeframe: {0}", timeFrame), "timeFrame");
        }

    }

//    static internal class DateTimeExtencions
//    {
//    }
}


YouFX65's avatar
YouFX65

Joined on 26.07.2017

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: AllPivots.algo
  • Rating: 5
  • Installs: 7551
  • Modified: 13/10/2021 09:54
Comments
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FO
Forexyolo · 3 years ago

If you go and back test you see the dotted pivot lines are very good points of reversal 

DA
dave.anderson.consulting · 3 years ago

This indicator does not calculate correctly on Renko or Range charts.
Probably because there is no predefined time on those charts. In those cases the opentime of the current minute bar should be used to do the calculation.

LO
louisbrowne · 4 years ago

Fantastic, I didn't even know mid pivot levels where heavily respected until I used this!