3DaysHiLo Indicator For MT4

3DaysHiLo Indicator For MT4

The 3DaysHiLo Indicator For MT4 paints the critical support and resistance level based on the last three days' data. Since the data used to calculate the critical support level is relatively low, you need to use other important parameters like Fibonacci retracement tools or the price action confirmation signals. This indicator is mostly used by professional day traders.

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Installing the 3DaysHiLo Indicator For MT4

After you downloaded the indicator via the form above you need to unzip the zip-file. Then you need to copy the file 3dayshilo.mq4 into the folder MQL4\Indicators of your MT4 installation. After that please restart MT4 and then you will be able to see the indicator in the list of indicators.

Parameters of the 3DaysHiLo Indicator For MT4

The 3DaysHiLo Indicator For MT4 has 4 parameters to configure.

input color   Day1Color=clrWhite;
input color   Day2Color=clrGray;
input color   Day3Color=clrGold;
input int     LineWidth=2;

Buffers of the 3DaysHiLo Indicator For MT4

The 3DaysHiLo Indicator For MT4 provides 0 buffers.

Main Parts Of The Code

int start()
  {
   double D1Hi=iHigh(Symbol(),1440,1);
   double D1Lo=iLow(Symbol(),1440,1);
   datetime D1Time=iTime(Symbol(),1440,1);

   double D2Hi=iHigh(Symbol(),1440,2);
   double D2Lo=iLow(Symbol(),1440,2);
   datetime D2Time=iTime(Symbol(),1440,2);

   double D3Hi=iHigh(Symbol(),1440,3);
   double D3Lo=iLow(Symbol(),1440,3);
   datetime D3Time=iTime(Symbol(),1440,3);

   datetime TimeEnd=iTime(Symbol(),1440,0)+1440*60;

   draw("Day1Hi",D1Time,D1Hi,TimeEnd,Day1Color,LineWidth,0);
   draw("Day1Lo",D1Time,D1Lo,TimeEnd,Day1Color,LineWidth,0);

   draw("Day2Hi",D2Time,D2Hi,TimeEnd,Day2Color,LineWidth,0);
   draw("Day2Lo",D2Time,D2Lo,TimeEnd,Day2Color,LineWidth,0);

   draw("Day3Hi",D3Time,D3Hi,TimeEnd,Day3Color,LineWidth,0);
   draw("Day3Lo",D3Time,D3Lo,TimeEnd,Day3Color,LineWidth,0);

   dpkfx();

   return(0);
  }
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void draw(string Line,datetime TimeStart,double Price,datetime TimeEnd,color line_clr,int line_width,int ray)
  {
   ObjectCreate(Line,OBJ_TREND,0,TimeStart,Price,TimeEnd,Price);
   ObjectSet(Line,OBJPROP_COLOR,line_clr);
   ObjectSet(Line,OBJPROP_STYLE,STYLE_DOT);
   ObjectSet(Line,OBJPROP_WIDTH,line_width);
   ObjectSet(Line,OBJPROP_BACK,True);
   ObjectSet(Line,OBJPROP_RAY,ray);
  }
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void dpkfx()
  {
   int ipos=3;
   int xpos=10;

   double vol=(iHigh(Symbol(),1440,0)-iLow(Symbol(),1440,0))/Point;

   int st=1;

   stats("dpkforex","TodayRange  :  "+DoubleToStr(vol,0),12,"Impact",Yellow,ipos,xpos,22);
   stats("line2","http://free-bonus-deposit.blogspot.com",8,"Arial",White,ipos,xpos-1,10);
  }
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void stats(string tname,string word,int fsize,string ftype,color tcolor,int posxy,int posx,int posy)
  {
   ObjectCreate(tname,OBJ_LABEL,0,0,0);
   ObjectSetText(tname,word,fsize,ftype,tcolor);
   ObjectSet(tname,OBJPROP_CORNER,posxy);
   ObjectSet(tname,OBJPROP_XDISTANCE,posx);
   ObjectSet(tname,OBJPROP_YDISTANCE,posy);
  }
//+------------------------------------------------------------------+

 

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