This code is a sample implementation of the Gann Pivot Levels indicator in MQL5. The Gann Pivot Levels are used in technical analysis to identify potential support and resistance levels in the market. The indicator calculates five pivot levels based on the previous high, low, and close prices.
The CalculatePivotLevel function is used to calculate the pivot levels based on the level parameter and the previous high, low, and close prices. The function uses a switch statement to determine the calculation formula for each level. The calculated pivot level is then returned.
The code also includes functions to support trading strategies, perform technical analysis, create a user-friendly interface, and optimize performance. The IsScalpingStrategy and IsDayTradingStrategy functions check if specific trading strategies are enabled. The AnalyzeMarketTrends, IdentifyPatterns, and ProvideRealTimeData functions implement code to analyze market trends, identify patterns, and provide real-time data, respectively. The CreateUserInterface function creates a user interface, and the OptimizePerformance function optimizes the performance of the program.
The entry point of the program is the OnInit function, where the pivot levels are calculated using the CalculatePivotLevel function. The code then checks if specific trading strategies are enabled and executes the corresponding code blocks. After that, it performs market analysis, pattern identification, real-time data provision, user interface creation, and performance optimization.
The code also includes event handlers such as OnDeinit, OnTick, OnTrade, and OnTimer, which can be used to handle program termination, tick events, trade events, and timer events, respectively.
The Gann Pivot Levels indicator is a professional forex traders software that helps traders identify potential support and resistance levels in the market. The indicator calculates five pivot levels based on the previous high, low, and close prices, providing traders with valuable information for their trading decisions.
Key Features:
- Calculates five pivot levels: Pivot Level 0, Pivot Level 1, Pivot Level 2, Pivot Level 3, and Pivot Level 4.
- Supports different trading strategies, including scalping and day trading.
- Provides real-time data for accurate analysis.
- User-friendly interface for easy navigation and customization.
- Optimized performance for efficient and fast calculations.
This product has been developed by Forex Robot Easy Team. For detailed reviews and trading results of this product, please visit the official website: Gann Pivot Levels - Professional Forex Traders Software
Please note that ForexRobotEasy is not the official developer of this product. We only provide a sample code that demonstrates how the indicator works. To find the official developer of this product and obtain the full version, please visit the MQL5 website.