Sorry for the confusion i should of been more pacific....first thanks for ur response...
what i am looking for is on Ninja trader to have a paramator for GannHiLo activator
where i can input how many bars i want to look back...on MT4 platform the
indicator Gannhiloactivator indicator has that....Was woundering if anyone has put that
on the ninja trader indicator?
no i dont i saw the indicator in mt4 where u can adjust look back. I was hoping someone
had put that function on the ninja trader gannhiloactivator indicator.....I usr the gann indicator on higher time frames it really helps with showing the direction of the market....
the gann indicator for ninja trader is a little slow... but that look back can adjust to the perfect setting....
I do not have any Ninja code but I can explain how this indicator is created.
All you need is a 3 period simple moving average based on the bar highs, and another based on the bar lows.
The indicator flips to the underside of the price action when a bar closes above the high average. it flips to the upperside of the price action when a bar closes below the low average.
You can choose whether to use the values based on the current bar's value or the previous bar's value.
when u go into the indicator in mt4 it has a space that asks u look back bars...
u enter what ever u like ...in ninja trader there is no option for that....was woundering
if anyone has add that function to the ninja indicator?
I had a recent request from somebody to have a look at the Gann HiLow Activator. It is a stop and reverse indicator similar to the SuperTrend.
The indicator was first described by Robert KRausz in Stocks & Commodities in 1998 and is based on a 3-day trend concept which was used by Gann.
The stop bands are calculated as a moving average from the bar highs, or a moving average from the bar lows. This means that the stop line is closer to price action than the stopline of the Supertrend. This has an advantage and an incovenient. The advantage is that the average losing trade is much smaller. The inconvenient is that there are much more losing trades, as the HiLo Activator may change directions frequently during longer sideways price action.
Attached is a chart with the HiLoActivator calculated from an ADXVMA with a period of 50. Below is another chart with the SuperTrend U11 also using an ADXVMA. What you can easily see is that the SuperTrend only suffered from a single whipsaw. However, the loss produced by the whipsaw was 33 pips in this case.
The link to the first version of the indicator is below.
Exported using NT Version 7.0.1000.10
This is a new implementation of the Gann HiLo activator for NinjaTrader 7. The HiLo Activator was introduced by Robert Krausz with his FibonacciTrader and first described by him in "The New Gann Swing Chartist", …
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