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Q: I need some help. I think it's possible to build the Gann Hilo Activator in DYO, but I don't find the right way.
Here is the Metastock-Version of GANN - HiLo
HLd:=If(CLOSE>Ref(Mov(H,3,S),-1), {then}1, {else}If(CLOSE<Ref(Mov(L,3,S),-1), {then}-1, {else}0)); HLv:=ValueWhen(1,HLd<>0,HLd); HiLo:=If(HLv=-1, {then}Mov(H,3,S), {else}Mov(L,3,S)); HiLo; It's the three-period moving average of the highs or lows plotted one day forward (see page 55 of the February 1998 S&C). If the market is in an uptrend and today is day 4, the hi-lo activator for day 4's trading is the low from days 1, 2 and 3 added together and divided by three. This value is the hi-lo activator for all of day 4. It does not change until the close of day 4. Then, for day 5, the hi-lo activator is the low from days 2, 3 and 4, added together and divided by three. The same concept applies for calculating the highs. A: This is my implementation of the Hi-Lo Activator indicator. Template: 1317-HiLoActivator 
You can uncheck the show boxes on Line A and B to remove the plots of the Average High and Average Low.
Template: 1317-HiLoActivator
Last modified 1/17/08 11:50 AM |