chimera wrote:Hello great minds in sir hopwoods court

I am having a little problem. I am trying some things out on the renko charts, and one thing i use is a pivot point calculation.

The problem is, how do i code it so it will update the new pivot point on the first open on the new day. Renkos are not timedependant, so i dont know when its gonna happen, could be 00:03 or 04:23.

Is the TimeHour[] and the likes gonna be enough, refernced on a Daily chart, or do i have to check opentimes of Open[0] against Open[1] every candle on the renko offline chart?? Code examples would be aprecciated. And just to be demanding, , what is the best way of hardcoding indicatorcode in an EA, just declare and sort it out in the beginning of start() ??

chimera wrote:Thank you for your quick reply.

here is a sample of the code i am trying to incorporate. the calculation part of the indi

Code: Select all

   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 (TimeDayOfWeek(Time[i+1])!=0){ // This if fix mondays.

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+2*Open[i])/4;
          R1=(2*P)-LastLow;
          S1=(2*P)-LastHigh;
          R2=P + R1 - S1;
          S2=P + S1 - R1;
          R3=R2 + (R1 - P);
          S3= S2 - (P - S1); 
   LastLow=Open[i]; LastHigh=Open[i];

it is an outtake from the dailywoodpivot enclosed