On Metatrader platform I use Gann HiLo Activator indicator,

1. Hydrographic Activator Formula

Swing Hi Lo for Excel. Discussion in 'Programming' started by maninjapan, Jan 26, 2012. Automated TA Software Learn More about Advertising on Elite Trader. The Gann HiLo Activator is a simple moving average of the previous three periods’ highs or lows. Based on the moving averages logic, it is a trend-following indicator used to reflect the market’s direction of movement.

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very useful indicator.
Looking for developers who can encod Gann HiLo Activator indicator for MarketScope
Gann HiLo Activator is basically a simple moving average of the previous 3 periods' highs or lows plotted based in relation to the HiLo Activator.

Hydrographic Activator Formula

Gann High Low - Metastock Indicator Formula
by Adam Hefner
{name: GANN-HiLo}
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);
HiLo:=If(HLv=-1,
{then}Mov(H,3,S),
{else}Mov(L,3,S));
HiLo;
Apprentice