Gann said that a change in trend happens when we get three lower low bars or three higher high bars, opposite the current trend. This indicator is adjustable, but the default is for three bars to cause a change.
It does not repaint, so you can depend on it when it places the line.
Can somebody find my the Gann-TREND Oscillator, i have the Gann Hilo and Swing but i cant find the Gann Trend Oscillator anywhere ?
Ignored
I found some type of script on Google, it seems to be the indicator but, I dont know how to integrate it from the Meta Editor , can somebody attach the Original Indicator or help me find if this script is what I search. This is the script : {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;
