Gann Hilo Indicator and system
The Gann Hilo Indicator is a trend-following indicator that helps traders identify the direction of the market trend. Within Amibroker AFL, traders can create algorithms or systems using Gann Hilo to generate buy or sell signals based on price movements. Integrating Amibroker data feed ensures real-time analysis, allowing for the implementation of the Gann Hilo system with up-to-date market data.
/_SECTION_BEGIN("Gann HiLo Indicator and System");
//
// Uses a Gann HiLo Indicator to build a system for testing.
//
//------------------------------------------------------------------------------
/*name = Gunn hi lo*/
GraphMax=6;
Graph0=C;
Periods= 6; /* Change this value as needed */
HLd=IIf(Close>Ref(MA(H,Periods),-1),
/*then*/ 1,
/*else*/IIf(CloseRef(MA(H,Periods),-1),
/*then*/1,
/*else*/IIf(Close