Hilo Activator Formula Software
HiLo Activator
Inputs: Len (34) , Price ( C ) , up_stop_color (green) , down_stop_color (red);
Var: trend ( 0 ) , up_stop ( 0 ) , down_stop ( 0 ) , txt1 ( 0 ) , txt2 ( 0 );
down_stop= XAverage (H,Len) +0.3;
up_stop= XAverage (L,Len) -0.3;
if Price < up_stop (1) then trend = -1;
if Price > down_stop (1) then trend = 1;
if trend = 1 then
Plot1 (up_stop, „SL_long“ ,up_stop_color);
if trend = -1 then
Plot3 (down_stop, „SL_short“ ,down_stop_color);
//-------------------------------------------------------------------------------------------------------
// TEXT //
if BarType <= 1 then begin
if BarNumber = 1 then begin
txt1 = text_new (date,time,close, „ „);text_SetStyle (txt1,2,0);
txt2 = text_new (date,time,close, „ „);text_SetStyle (txt2,2,1);
end;
if up_stop>Price then begin
value2 = Text_SetLocation (txt1, Date, Time, down_stop+1.5);
value3 = Text_SetColor (txt1, down_stop_color);
text_SetString (txt1, „SL: „+NumToStr (down_stop, 1) +““);
end;
if up_stop>Price then begin
value2 = Text_SetLocation (txt2, Date, Time, down_stop-1.5);
value3 = Text_SetColor (txt2, up_stop_color);
text_SetString (txt2, „SL: „+NumToStr (up_stop, 1) +““);
end;
end;
thanks
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