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    Gann HiLo Activator Bars

    Uploaded by

    NeoHooda
    This document describes a Gann HiLo indicator for trading bars. The indicator uses moving averages of highs and lows over a given period to generate signals, plotting the results as two histograms and an activator line. It was originally introduced in a 1998 magazine article.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Gann HiLo Activator Bars

    Uploaded by

    NeoHooda
    145 views2 pages
    This document describes a Gann HiLo indicator for trading bars. The indicator uses moving averages of highs and lows over a given period to generate signals, plotting the results as two histograms and an activator line. It was originally introduced in a 1998 magazine article.

    Original Description:

    Formula

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

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    This document describes a Gann HiLo indicator for trading bars. The indicator uses moving averages of highs and lows over a given period to generate signals, plotting the results as two histograms and an activator line. It was originally introduced in a 1998 magazine article.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    145 views2 pages

    Gann HiLo Activator Bars

    Uploaded by

    NeoHooda
    This document describes a Gann HiLo indicator for trading bars. The indicator uses moving averages of highs and lows over a given period to generate signals, plotting the results as two histograms and an activator line. It was originally introduced in a 1998 magazine article.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Gann HiLo activator bars

    //+------------------------------------------------------------------+
    //|
    Gann HiLo - bars.mq4 |
    //|
    mladen |
    //|
    |
    //| Original introduced by Robert Krausz
    |
    //| (February 1998, Stocks & Commodities Magazine
    |
    //+------------------------------------------------------------------+
    #property copyright "www.forex-tsd.com"
    #property link
    "www.forex-tsd.com"
    #property
    #property
    #property
    #property

    indicator_chart_window
    indicator_buffers 2
    indicator_color1 Blue
    indicator_color2 Red

    //
    //
    //
    //
    //
    extern int Lb = 10;
    double hi[];
    double lo[];
    double Hlv[];
    //+------------------------------------------------------------------+
    //|
    |
    //+------------------------------------------------------------------+
    //
    //
    //
    //
    //
    int init()
    {
    IndicatorBuffers(3);
    SetIndexBuffer(0,hi); SetIndexDrawBegin(0,Lb+1); SetIndexStyle(0,DRAW_HISTOGRAM);
    SetIndexBuffer(1,lo); SetIndexDrawBegin(1,Lb+1); SetIndexStyle(1,DRAW_HISTOGRAM);
    SetIndexBuffer(2,Hlv);
    return(0);
    }
    //
    //
    //
    Page 1

    Gann HiLo activator bars


    //
    //
    int start()
    {
    int counted_bars=IndicatorCounted();
    int i,limit;
    if(counted_bars<0) return(-1);
    if(counted_bars>0) counted_bars--;
    limit=Bars-counted_bars;
    //
    //
    //
    //
    //
    for(i=limit;i>=0;i--)
    {
    Hlv[i] = Hlv[i+1];
    if(Close[i]>iMA(Symbol(),0,Lb,0,MODE_SMA,PRICE_HIGH,i+1)) Hlv[i] = 1;
    if(Close[i]<iMA(Symbol(),0,Lb,0,MODE_SMA,PRICE_LOW,i+1)) Hlv[i] = -1;
    if(Hlv[i] == -1)
    { lo[i] = High[i]; hi[i] = Low[i]; }
    else { hi[i] = High[i]; lo[i] = Low[i]; }
    }
    return(0);
    }

    Page 2

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