ChrisMoody

CM Gann Swing High Low V2

13911 28 2390
CM             Gann Swing High Low V2

Added Improvements:
Used PineScript “linebr" code so solid lines plot only when condition = true.

Via Inputs Tab:
Ability to Turn On/Off Highlight Bars When Crossing Above/Below Swing High Low
Ability to Turn On/Off Back Ground Highlights When Crossing Above/Below Swing High Low
Ability to Turn On/Off linebr plots.

Other Features: All Available Via Inputs Tab
Ability to Adjust Moving Average Values to adjust Sensitivity.
Ability to Turn On/Off Triangles Above/Below Bars based on Indicator.
Ability to Turn On/Off Triangles at Top And Bottom Of Screen Showing Direction of Indicator.

***Basically you have Option to View Indicator about every way possible.

***Special Thanks to Glaz for Original Code.
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//Updated on 10-6-2015 By ChrisMoody
//Added Linebr ability, ability to turn on/off highlight Bars when crossing Swing Hi/Lo
//Added Ability to turn on/off background highlight when bars cross swing hi/lo
//Created 99% by Glaz and ChrisMoody Modified about 1% on 7/30/2014 for user dvk197-

study(title="CM_Gann Swing HighLow V2", shorttitle="CM_Gann_Swing_HL_V2", overlay=true)
periods=input(3, minval=1, title="Moving Average Period")
pt = input(false, title="Plot Up/Down Triangles at Top and Bottom of Candles/Bars?")
pc = input(true, title="Plot Circles at Top and Bottom of Candles/Bars?")
pttb = input(true, title="Plot Triangles at Top and Bottom of Screen?")
shb = input(false, title="Show Highlight Bars on Cross Up or Cross Down?")
sbh = input(true, title="Show Background Highlights at Cross Up or Cross Down?")

//code for Calculations
hld = iff(close > sma(high,periods)[1], 1, iff(close<sma(low,periods)[1],-1, 0))
hlv = valuewhen(hld != 0, hld, 1)

//code for Plot Statements
hi = hlv == -1 ? sma(high, periods) : na
lo = hlv == 1 ? sma(low,periods) : na

//Rules for coloring Background highlights & Highlight Bars
closeAbove() => shb and close > hi and close[1] < hi
BHcloseAbove = sbh and close > hi and close[1] < hi
closeBelow() => shb and close < lo and close[1] > lo
BHcloseBelow = sbh and close < lo and close[1] > lo

//Highlight Bar Color Plots
barcolor(closeAbove() ? yellow : na)
barcolor(closeBelow() ? yellow : na)
//Background Highlight Rules
bgcolor(BHcloseAbove ? green : na, transp=60)
bgcolor(BHcloseBelow ? red : na, transp=60)

//Plot Statements for circles and Triangle Up/Down at Price Bars
plot(pc and hi ? hi : na,title="Gann Swing High Plots-Circles", color=fuchsia,style=linebr, linewidth=4)
plot(pc and lo ? lo : na,title="Gann Swing Low Plots-Circles", color=lime,style=linebr, linewidth=4)
plotshape(pt and hi ? hi : na,title="Gann Swing High Plots-Triangle Down", offset=0, style=shape.triangledown, location=location.abovebar, color=fuchsia, transp=0)
plotshape(pt and lo ? lo : na,title="Gann Swing Low Plots-Triangle Up", offset=0, style=shape.triangleup, location=location.belowbar, color=lime, transp=0)

//Plot Statement for Triangles at Top and Bottom of Screen
plotshape(pttb and hi ? hi : na,title="Gann Swing High Plots-Triangles Down Top of Screen", offset=0, style=shape.triangledown, location=location.top, color=red, transp=0)
plotshape(pttb and lo ? lo : na, title="Gann Swing Low Plots-Triangles Up Bottom of Screen",offset=0, style=shape.triangleup, location=location.bottom, color=lime, transp=0)
This has been implemented as a STUDY which gives the graphs/lines/indicators.
How would this be changed into a STRATEGY so it could produce the Strategy Tester results?

I am new to PineScript and trying to learn as much as possible to get into the "useful" category.
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Hi guys, is this indicator available on the mt4 or is the script compatible with mt4? Would love to give it a try out?

thank you
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Chris, read the whole blog on this. I like the clarity it offers...very good & thanks!
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great indicator especially when the indicator occurs over multi timeframe(s). Any chance of creating an alert when the indicator crosses , especially if this can be done over multiple timeframe?
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Any way to set alert when Triangles change direction?
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OMG!! this indicator + New Williams Vix Fix gave me great insight. Many many thanks. Praying for your new improved Vix Fix will be free as well.
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Great example of community input here today. I am new to the HiLo. I have been more of an ATR or Chandelier trailing trend / stop. Can anyone with experience in both provide any commentary. It seems the HiLo trails a bit far from price?
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ChrisMoody PRO Alphaoptions
There are setting in the inputs tab. It defaults to 3. Higher numbers increase the distance between the bars and the lines. Decreasing the number decreases the distance from bars to Lines.
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Thanks, it will help
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Great....
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