// THIS CODE IS POSTED SO THAT LIKE MINDED PAY IT FORWARD CODERS MAY
// IMPROVE ON IT AND REPOST IT ON THE FORUM FOR THEIR FELLOW TRADERS
//==================================================================
// [!!!-MT4 DAILY TARGETS]           \¦/
//                                  (т у)
//_____________________________o0o___(_)___o0o______________________
#property copyright "Welcome to the World of Forex"
#property indicator_chart_window
extern bool showDailyOpenOnly=false,showLinesInBackground=true;
extern int ViewDays=20;
int XPeriod=PERIOD_D1;
double avgDayRange;
extern double Target1=0.854,Target2=1.382,Target3=1.618,Target4=2.146;
extern color DailyPivotClr=clrLimeGreen,SuplevelsClr=clrFireBrick,ReslevelsClr=clrRoyalBlue;
//==========================================================================================================
int init()
  {
   double summ=0;
   for(int i=ViewDays-1; i>=0; i--)
     {
      summ+=MathAbs(iClose(NULL,XPeriod,i)-iOpen(NULL,XPeriod,i));
     }
   avgDayRange=summ/ViewDays;
   return(0);
  }
//==========================================================================================================
int deinit()
  {
   string XPivot;
   for(int i=ObjectsTotal(); i>=0; i--)
     {
      XPivot=ObjectName(i);
      if(StringFind(XPivot,"level",0)==0)
        {
         ObjectDelete(XPivot);
        }
     }
   return(0);
  }
//==========================================================================================================
int start()
  {
   int i,dayi,counted_bars=IndicatorCounted();
   if(counted_bars<0)
     {
      return(-1);
     }
   if(counted_bars>0)
      counted_bars--;
   int limit=Bars-counted_bars-1;
//==========================================================================================================
   double PP;
   for(i=limit; i>=0; i--)
     {
      dayi=iBarShift(NULL,XPeriod,Time[i],false);
      PP=iOpen(NULL,XPeriod,dayi);
      if(dayi!=iBarShift(NULL,XPeriod,Time[i+1],false))
        {
         if(showDailyOpenOnly)
           {
            if(Period()<=240)
              {
               createLevel("level01",PP,Time[i],Time[i]+86400,5,DailyPivotClr);
              }
           }
         else
           {
//            if(Period()<=240)
              {
               createLevel("level01",PP,Time[i],Time[i]+86400,5,DailyPivotClr);
              }
//            if(Period()<=60)
              {
               createLevel("level02",PP+(avgDayRange*Target1),Time[i],Time[i]+86400,1,ReslevelsClr);
               createLevel("level03",PP-(avgDayRange*Target1),Time[i],Time[i]+86400,1,SuplevelsClr);
               createLevel("level04",PP+(avgDayRange*Target2),Time[i],Time[i]+86400,1,ReslevelsClr);
               createLevel("level05",PP-(avgDayRange*Target2),Time[i],Time[i]+86400,1,SuplevelsClr);
               createLevel("level06",PP+(avgDayRange*Target3),Time[i],Time[i]+86400,1,ReslevelsClr);
               createLevel("level07",PP-(avgDayRange*Target3),Time[i],Time[i]+86400,1,SuplevelsClr);
               createLevel("level08",PP+(avgDayRange*Target4),Time[i],Time[i]+86400,1,ReslevelsClr);
               createLevel("level09",PP-(avgDayRange*Target4),Time[i],Time[i]+86400,1,SuplevelsClr);
              }
           }
        }
     }
   return(0);
  }
//==========================================================================================================
void createLevel(string XPivot,double level,datetime openTime,datetime closeTime,int width,color lineColor)
  {
   XPivot=XPivot+TimeDayOfYear(openTime);
   if(ObjectFind(XPivot)!=-1)
     {
      ObjectDelete(XPivot);
     }
   if(TimeDayOfWeek(closeTime)==0 || TimeDayOfWeek(closeTime)==6)
     {
      closeTime=closeTime+60*60*24*2;
     }
   ObjectCreate(XPivot,OBJ_TREND,0,openTime,level,closeTime,level);
   ObjectSet(XPivot,OBJPROP_COLOR,lineColor);
   ObjectSet(XPivot,OBJPROP_WIDTH,width);
   ObjectSet(XPivot,OBJPROP_STYLE,1);
   if(showLinesInBackground)
     {
      ObjectSet(XPivot,OBJPROP_BACK,true);
     }
   else
     {
      ObjectSet(XPivot,OBJPROP_BACK,false);
     }
   ObjectSet(XPivot,OBJPROP_RAY,false);
   ObjectSet(XPivot,OBJPROP_SELECTABLE,false);
  }
//==========================================================================================================      
//+------------------------------------------------------------------+