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[EquisMetaStock Group] Gann Trend



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Can someone shed some light on the formula below

Point 3b and 3c simply do not work for me. I am using ver8 and was 
wondering if this particular formula works only for older versions.

Any help would be appreciated

Gann Swing Update

This is an update to Gann-Swing indicators I had posted several months
back. Most of the code has been improved and I have modified the swing
definition slightly.

Gann Weekly Expert Instructions

1. First create a new expert and name it whatever you want.
2a. under "trends" tab put this code for bullish:
ut:=FmlVar("GANN-Trend","TDV");
uplot:=If(BarsSince(Ut=1)<
BarsSince(Ut=-1),1,0);
uplot=1;
2b. and this for bearish:
dt:=FmlVar("GANN-Trend","TDV");
dplot:=If(BarsSince(dt=1)>
BarsSince(dt=-1),1,0);
dplot=1;
Then click on the "ribbon" option and turn off "Display Vertical 
Lines", I
also turn off
the corner option.
3a. Under highlights tab create a new and call it "HiLo Change", 
choose
color, and enter this code:
HLd:=If(CLOSE>Ref(Mov(H,3,S),-1),
{then}1,
{else}If(CLOSE<Ref(Mov(L,3,S),-1),
{then}-1,
{else}0));
HLv:=ValueWhen(1,HLd<>0,HLd);
HLv<>Ref(HLv,-1);
3b. Create new and call it "Up-Trend", choose color, and enter this 
code:
ut:=FmlVar("GANN-Trend","TD");
uplot:=If(BarsSince(Ut=1)<
BarsSince(Ut=-1),1,0);
uplot=1;
3c. Create new and call it "Down-Trend", choose color, and enter this 
code:
dt:=FmlVar("GANN-Trend","TD");
dplot:=If(BarsSince(dt=1)>
BarsSince(dt=-1),1,0);
dplot=1;
4a. Under "Symbols" tab create new and call it " UpSwing", enter this 
code:
FmlVar("GANN-Swing","SD2")=1;
then under graphic choose "Buy Arrow", choose color (Dark Green), and 
small
size, then pick "Above Price Plot".
4b. Create new and call it "DownSwing", enter this code:
FmlVar("GANN-Swing","SD2")=-1;
then under graphic choose "sell arrow", choose color (Dark Red), and 
small
size, then pick "Below Price Plot".
As for the HiLo ....just plot it as a regular indicator and choose 
the last
"style" option under "color/style" tab.

Note: For daily bar charts ribbon use these formulas:

2a. ut:= FmlVar("GaW-Trend","TDV") ;
uplot:=If(BarsSince(Ut=1)<
BarsSince(Ut=-1),1,0);
uplot=1;

2b. dt:= FmlVar("GaW-Trend","TDV") ;
dplot:=If(BarsSince(dt=1)>
BarsSince(dt=-1),1,0);
dplot=1;

from Adam Hefner.

------------------------------------------------------
name: GANN-HiLo

{HiLo 4/27/99}
Lb:=Input("Look-Back Periods?",2,10,3);
HLd:=If(CLOSE>Ref(Mov(H,Lb,S),-1),
{then}1,
{else}If(CLOSE<Ref(Mov(L,Lb,S),-1),
{then}-1,
{else}0));
HLv:=ValueWhen(1,HLd<>0,HLd);
HiLo:=If(HLv=-1,
{then}Mov(H,Lb,S),
{else}Mov(L,Lb,S));
HiLo;
------------------------------------------
name: GANN-Swing

{Gann-Swing 4/27/99}
{Market swing is defined as:
Up = 2 higher highs,
Down = 2 lower lows.}
Us:=BarsSince(Sum(H>Ref(H,-1),2)=2);
Ds:=BarsSince(Sum(L<Ref(L,-1),2)=2);
Hc:=HighestSince(1,Us=0,H);
Lc:=LowestSince(1,Ds=0,L);
Sd1:=If(Us=0,
{then}If((L<>Lc) AND (Ref(L,-1)<>Lc),
{then}1,
{else}0),
{else}If(Ds=0,
{then}If((H<>HC) AND (Ref(H,-1)<>Hc),
{then}-1,
{else}0),
{else}0));
Sd2:=If(Sd1=1,
{then} If(Ref(BarsSince(Sd1=1),-1) >
Ref(BarsSince(Sd1=-1),-1),
{then}1,
{else}0),
{else} If(Sd1=-1,
{then}If(Ref(BarsSince(Sd1=1),-1) <
Ref(BarsSince(Sd1=-1),-1),
{then}-1,
{else}0),
{else}0));
TD1:=ValueWhen(1,Sd2<>0,Sd2);
Td1;
--------------------------------------------
name: GANN-Trend

{Gann-Trend 4/27/99}
{Swing Direction}
Sd:= FmlVar("GANN-Swing","TD1") ;
{Swing Change High}
Sch:=If(Sd=1 AND Ref(sd,-1)=-1,
{then}1,
{else}0);
{Swing Change Low}
Scl:=If(Sd=-1 AND Ref(Sd,-1)=1,
{then}1,
{else}0);
{Peak Value}
Pv:=If(Scl=1,
{then}HighestSince(1,Sch=1,H),
{else}0);
{Trough Value}
Tv:=If(Sch=1,
{then}LowestSince(1,Scl=1,L),
{else}0);
{Trend Direction}
Td:=If(H>ValueWhen(1,Pv>0,Pv),
{then}1,
{else}If(L<ValueWhen(1,Tv>0,Tv),
{then}-1,
{else}0));
{UpTrend=1 DownTrend =-1}
Tdv:=ValueWhen(1,Td<>0,Td);
Tdv
------------------------------------------
name: GaW-Swing

{Weekly Swing 4/27/99}
{Market swing is defined as:
Up = 2 higher highs,
Down = 2 lower highs }
{Weekly High/Low}
Dw:=If(DayOfWeek()<=Ref(DayOfWeek(),-1),1,0);
Wh:=If(Dw=1,
{then}Ref(HighestSince(1,Dw=1,H),-1),
{else}0);
Wl:=If(Dw=1,
{then}Ref(LowestSince(1,Dw=1,L),-1),
{else}0);
Hv1:=ValueWhen(1,Wh>0,Wh);
Hv2:=ValueWhen(2,Wh>0,Wh);
Hv3:=ValueWhen(3,Wh>0,Wh);
Lv1:=ValueWhen(1,Wl>0,Wl);
Lv2:=ValueWhen(2,Wl>0,Wl);
Lv3:=ValueWhen(3,Wl>0,Wl);
Us:=BarsSince((Hv1 > Hv2) AND (Hv2 > Hv3));
Ds:=BarsSince((Lv1 < Lv2) AND (Lv2 < Lv3));
Hc:=Ref(HighestSince(1,Us=0 AND Ref(Us,-1)>0,H),
-1);
Lc:=Ref(LowestSince(1,Ds=0 AND Ref(Ds,-1)>0,L),
-1);
{Swing direction Calculation}
Sd1:=If(Us=0 AND Dw=1,
{then}If((Lv1<>Lc) AND (Lv2<>Lc),
{then}1,
{else}0),
{else}If(Ds=0,
{then}If((Hv1<>Hc) AND (Hv2<>Hc),
{then}-1,
{else}0),
{else}0));
Sd2:=If(Sd1=1,
{then} If(Ref(BarsSince(Sd1=1),-1) >
Ref(BarsSince(Sd1=-1),-1),
{then}1,
{else}0),
{else} If(Sd1=-1,
{then}If(Ref(BarsSince(Sd1=1),-1) <
Ref(BarsSince(Sd1=-1),-1),
{then}-1,
{else}0),
{else}0));
TD1:=ValueWhen(1,Sd2<>0,Sd2);
TD1
-------------------------------------------
name: GaW-Trend

{Weekly Trend 4/27/99}
{Swing Direction}
Sd:= FmlVar("GaW-Swing","TD1") ;
{Swing Change High}
Sch:=If(Sd=1 AND Ref(sd,-1)=-1,
{then}1,
{else}0);
{Swing Change Low}
Scl:=If(Sd=-1 AND Ref(Sd,-1)=1,
{then}1,
{else}0);
{Peak Value}
Pv:=If(Scl=1,
{then}HighestSince(1,Sch=1,H),
{else}0);
{Trough Value}
Tv:=If(Sch=1,
{then}LowestSince(1,Scl=1,L),
{else}0);
{Trend Direction}
Td:=If(H>ValueWhen(1,Pv>0,Pv),
{then}1,
{else}If(L<ValueWhen(1,Tv>0,Tv),
{then}-1,
{else}0));
{UpTrend=1 DownTrend =-1}
Tdv:=ValueWhen(1,Td<>0,Td);
Tdv



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