HiLo_04 (Gann HiLo Activator)

Category: trend

An implementation of the HiLo Activator / Gann HiLo, which switches between a High-Moving Average and a Low-Moving Average based on price closes relative to the previous average levels.

Formula

\text{If } Close_t > SMA(High, P)_{t-1} \implies \text{Trend Up}, \text{Plot } SMA(Low, P) \\ \text{If } Close_t < SMA(Low, P)_{t-1} \implies \text{Trend Down}, \text{Plot } SMA(High, P)

Inputs

• InpPeriodHiLo (default: 10)
• InpShiftHiLo (default: 0)
• InpSmoothingMethodHiLo (default: MODE_SMA)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.