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Could anybody helping me with a Gann 3 day swing chart indicator for
Metastock 6.5 , I am reading on Gann these days and would like to have
a formula for creating Gann charts in Metastock, I have tried to look
into the formula language, with the purpose of making one myself, but
as I am not very good with these things, I gave it up.
The formula for Gann 3 day swing chart is as follows, the swing
direction changes when :
1. The swing is up and there are 3 consecutives lower lows with the
close of the last bar lower than the close of the previous bar and the
close of the last bar lower than the medium (HI+Low)/2 of the same
bar.
2. The swing is down and there are 3 consecutives higher highs with
the close of the last bar higher than the close of the previous bar
and the close of the last bar higher than the medium (HI+Low)/2 of the
same bar.
If anybody have this formula, or maybe could help me in creating one,
this would be very helpful
Thanks,
Hans Tore Liland
htlx@xxxxxxxxxxxxxxxxx
Bergen - Norway
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