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 and every published strategy that uses HiLo_04 (Gann HiLo Activator) on WOBR StrategyVerse.