Gann Hilo Candle Colors & Stairs free
by Description
This is a Modified Gann Hilo so that the averages lines changes accordingly to the Trend,
it also comes with a option to change the type of the Moving Average and options to paint
the candle colors follwoing the trend. There's also a option to transform the lines to stairs.
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Formula / Source Code
using System;
using cAlgo.API;
using cAlgo.API.Indicators;
namespace cAlgo.Indicators
{
[Indicator(IsOverlay = true, AccessRights = AccessRights.None)]
public class GannHiLoExperto : Indicator
{
[Parameter("Period", DefaultValue = 13)]
public int Period { get; set; }
[Parameter("Ma Type", DefaultValue = MovingAverageType.Simple)]
public MovingAverageType Matype { get; set; }
[Parameter("Candle Colors", DefaultValue = false)]
public bool SetColors { get; set; }
[Parameter("SmoothLines", DefaultValue = false)]
public bool SetSmoothLines { get; set; }
[Output("Up", LineColor = "LawnGreen", Thickness = 1, PlotType = PlotType.DiscontinuousLine)]
public IndicatorDataSeries UpSeries { get; set; }
[Output("Down", LineColor = "Red", Thickness = 1, PlotType = PlotType.DiscontinuousLine)]
public IndicatorDataSeries DownSeries { get; set; }
private IndicatorDataSeries MainLine;
private IndicatorDataSeries downSeries;
private IndicatorDataSeries upSeries;
private MovingAverage maHigh;
private MovingAverage maLow;
protected override void Initialize()
{
MainLine = CreateDataSeries();
upSeries = CreateDataSeries();
downSeries = CreateDataSeries();
maHigh = Indicators.MovingAverage(Bars.HighPrices, Period, Matype);
maLow = Indicators.MovingAverage(Bars.LowPrices, Period, Matype);
}
public override void Calculate(int index)
{
double close = Bars.ClosePrices[index];
double HighMa = maHigh.Result[index - 1];
double HighPrevMa = maHigh.Result[index - 2];
double LowMa = maLow.Result[index - 1];
double LowPrevMa = maLow.Result[index - 2];
if (SetSmoothLines)
{
UpSeries[index] = LowMa;
DownSeries[index] = HighMa;
}
upSeries[index] = LowMa;
downSeries[index] = HighMa;
if (close > HighMa)
{
//****************************************************
if (SetSmoothLines)
{
MainLine[index] = UpSeries[index];
DownSeries[index] = double.NaN;
}
else
{
Chart.DrawTrendLine("Up Horizontal" + index, index - 1, upSeries[index], index, upSeries[index], Color.SpringGreen);
Chart.DrawTrendLine("Up Vertical" + index, index - 1, upSeries[index - 1], index - 1, upSeries[index], Color.SpringGreen);
}
//****************************************************
if (SetColors)
{
if (Bars.ClosePrices[index] >= Bars.OpenPrices[index])
Chart.SetBarColor(index, Color.SpringGreen);
else
Chart.SetBarColor(index, Color.Green);
}
}
else
{
if (close < LowMa)
{
//****************************************************s
if (SetSmoothLines)
{
MainLine[index] = DownSeries[index];
UpSeries[index] = double.NaN;
}
else
{
Chart.DrawTrendLine("Down Horizontal" + index, index - 1, downSeries[index], index, downSeries[index], Color.Red);
Chart.DrawTrendLine("Down Vertical" + index, index - 1, downSeries[index - 1], index - 1, downSeries[index], Color.Red);
}
//****************************************************
if (SetColors)
{
if (Bars.ClosePrices[index] <= Bars.OpenPrices[index])
Chart.SetBarColor(index, Color.Red);
else
Chart.SetBarColor(index, Color.Coral);
}
}
else
{
if (MainLine[index - 1] == HighPrevMa)
{
if (SetSmoothLines)
{
MainLine[index] = DownSeries[index];
UpSeries[index] = double.NaN;
}
else
{
Chart.DrawTrendLine("Down Horizontal" + index, index - 1, downSeries[index], index, downSeries[index], Color.Red);
Chart.DrawTrendLine("Down Vertical" + index, index - 1, downSeries[index - 1], index - 1, downSeries[index], Color.Red);
}
if (SetColors)
{
if (Bars.ClosePrices[index] <= Bars.OpenPrices[index])
Chart.SetBarColor(index, Color.Red);
else
Chart.SetBarColor(index, Color.Coral);
}
}
else
{
//****************************************************
if (SetSmoothLines)
{
MainLine[index] = UpSeries[index];
DownSeries[index] = double.NaN;
}
else
{
Chart.DrawTrendLine("Up Horizontal" + index, index - 1, upSeries[index], index, upSeries[index], Color.SpringGreen);
Chart.DrawTrendLine("Up Vertical" + index, index - 1, upSeries[index - 1], index - 1, upSeries[index], Color.SpringGreen);
}
//****************************************************
if (SetColors)
{
if (Bars.ClosePrices[index] >= Bars.OpenPrices[index])
Chart.SetBarColor(index, Color.SpringGreen);
else
Chart.SetBarColor(index, Color.Green);
}
}
}
}
}
}
}
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