//+------------------------------------------------------------------+ //| Gann_HiLo.mq5| //| Copyright 2025, xxxxxxxx | //| | //+------------------------------------------------------------------+ #property copyright "Copyright 2025, xxxxxxxx" #property link "" #property version "1.10" // Added selectable MA Method #property description "Gann HiLo Activator with selectable MA for trend following" #include //--- Indicator Window and Plot Properties --- #property indicator_chart_window #property indicator_buffers 5 #property indicator_plots 1 //--- Plot 1: Gann HiLo line #property indicator_label1 "Gann_HiLo" #property indicator_type1 DRAW_COLOR_LINE #property indicator_color1 clrDodgerBlue, clrTomato #property indicator_style1 STYLE_SOLID #property indicator_width1 2 //--- Input Parameters --- input int InpPeriod = 10; // Period for High/Low averages input ENUM_MA_METHOD InpMAMethod = MODE_SMA; // Method for High/Low averages //--- Indicator Buffers --- double BufferGannHiLo[]; double BufferColor[]; double BufferHiAvg[]; double BufferLoAvg[]; double BufferTrend[]; //--- Global Variables --- int ExtPeriod; //+------------------------------------------------------------------+ //| Custom indicator initialization function. | //+------------------------------------------------------------------+ void OnInit() { ExtPeriod = (InpPeriod < 1) ? 1 : InpPeriod; SetIndexBuffer(0, BufferGannHiLo, INDICATOR_DATA); SetIndexBuffer(1, BufferColor, INDICATOR_COLOR_INDEX); SetIndexBuffer(2, BufferHiAvg, INDICATOR_CALCULATIONS); SetIndexBuffer(3, BufferLoAvg, INDICATOR_CALCULATIONS); SetIndexBuffer(4, BufferTrend, INDICATOR_CALCULATIONS); ArraySetAsSeries(BufferGannHiLo, false); ArraySetAsSeries(BufferColor, false); ArraySetAsSeries(BufferHiAvg, false); ArraySetAsSeries(BufferLoAvg, false); ArraySetAsSeries(BufferTrend, false); IndicatorSetInteger(INDICATOR_DIGITS, _Digits); PlotIndexSetInteger(0, PLOT_DRAW_BEGIN, ExtPeriod - 1); IndicatorSetString(INDICATOR_SHORTNAME, StringFormat("Gann_HiLo(%d)", ExtPeriod)); } //+------------------------------------------------------------------+ //| Gann HiLo Activator calculation function. | //+------------------------------------------------------------------+ int OnCalculate(const int rates_total, const int prev_calculated, const datetime &time[], const double &open[], const double &high[], const double &low[], const double &close[], const long &tick_volume[], const long &volume[], const int &spread[]) { if(rates_total < ExtPeriod) return(0); //--- STEP 1: Calculate the two moving averages (High and Low) --- // We use a single loop and a switch for efficiency and clarity for(int i = 1; i < rates_total; i++) { if(i < ExtPeriod - 1) continue; // Skip until enough data is available switch(InpMAMethod) { case MODE_EMA: if(i == ExtPeriod - 1) // First value is an SMA { BufferHiAvg[i] = SimpleMA(i, ExtPeriod, high); BufferLoAvg[i] = SimpleMA(i, ExtPeriod, low); } else // Subsequent values are calculated recursively { double pr = 2.0 / (ExtPeriod + 1.0); BufferHiAvg[i] = high[i] * pr + BufferHiAvg[i-1] * (1.0 - pr); BufferLoAvg[i] = low[i] * pr + BufferLoAvg[i-1] * (1.0 - pr); } break; case MODE_SMMA: if(i == ExtPeriod - 1) // First value is an SMA { BufferHiAvg[i] = SimpleMA(i, ExtPeriod, high); BufferLoAvg[i] = SimpleMA(i, ExtPeriod, low); } else // Subsequent values are calculated recursively { BufferHiAvg[i] = (BufferHiAvg[i-1] * (ExtPeriod - 1) + high[i]) / ExtPeriod; BufferLoAvg[i] = (BufferLoAvg[i-1] * (ExtPeriod - 1) + low[i]) / ExtPeriod; } break; case MODE_LWMA: BufferHiAvg[i] = LinearWeightedMA(i, ExtPeriod, high); BufferLoAvg[i] = LinearWeightedMA(i, ExtPeriod, low); break; default: // MODE_SMA BufferHiAvg[i] = SimpleMA(i, ExtPeriod, high); BufferLoAvg[i] = SimpleMA(i, ExtPeriod, low); break; } } //--- STEP 2 & 3: Determine trend and set the final Gann HiLo value for(int i = 1; i < rates_total; i++) { if(i < ExtPeriod -1) continue; if(close[i] > BufferHiAvg[i]) BufferTrend[i] = 1; // Up trend else if(close[i] < BufferLoAvg[i]) BufferTrend[i] = -1; // Down trend else BufferTrend[i] = BufferTrend[i-1]; if(BufferTrend[i] == 1) { BufferGannHiLo[i] = BufferLoAvg[i]; BufferColor[i] = 0; } else { BufferGannHiLo[i] = BufferHiAvg[i]; BufferColor[i] = 1; } } return(rates_total); } //+------------------------------------------------------------------+ //+------------------------------------------------------------------+