Gann Hilo Activator and Volume Price Confirmation Indicator

Carlos Silva · 2016-12-30T20:17:08+00:00

Hello! I dont know how to have this two indicators (gann hilo activator and Volume Price Confirmation indicator) in my list of prorealtime indicators. I tried and tried but programing is 0…even with instructions… Can somebody help me? Thanks!

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12/30/2016 at 9:17 PM #19476 quote

Carlos Silva
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New

Hello! I dont know how to have this two indicators (gann hilo activator and Volume Price Confirmation indicator) in my list of prorealtime indicators. I tried and tried but programing is 0…even with instructions… Can somebody help me? Thanks!

12/30/2016 at 10:09 PM #19481 quote

Carlos Silva
Participant

New

the formulas are: Gann Hilo Activator HLd:=If(C>Ref(Mov(H,Lb,S),-1),1,If(C<Ref(Mov(L,Lb,S),-1),-1,0)); HLv:=ValueWhen(1,HLd<>0,HLd); HiLo:=If(HLv=-1,Mov(H,Lb,S),Mov(L,Lb,S)); Volume Price Confirmation Indicator {Calculate Short Term & Long Term Volume Weighted Moving Averages} ShortTerm_VWMA:= Sum((Volume*price),stvwmaperiods)/Sum(Volume,stvwmaperiods); LongTerm_VWMA:= Sum((Volume*price),ltvwmaperiods)/Sum(Volume,ltvwmaperiods); {Calculate Short Term Simple Moving Average} ShortTerm_SMA:= Mov(price,stsmaperiods,S); {Calculate the VPCI Components} VPC:= ShortTerm_VWMA – ShortTerm_SMA; VPR:= ShortTerm_VWMA / ShortTerm_SMA; VM:= ShortTerm_VWMA / LongTerm_VWMA; {Calculate Volume Price Confirmation Indicator} {Normalize VPCI values & Calculate Volume-Weighted MA of VPCI} VPCI:= ((VPC * VPR) * VM) * 10000 / C; SmoothedVPCI:= Sum((Volume*VPCI),svpciperiods)/Sum(Volume,svpciperiods); Dont know what to do with this! Its possible to some “magic” transform this in a file to have this indicators in prorealtime list of indicators? Thanks again and happy new year to all of you!

12/30/2016 at 11:20 PM #19484 quote

Nicolas
Keymaster

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>> Please update your country flag in your profile. Thank you 🙂 <<
These 2 indicators codes are not for prorealtime, but for another trading platform. They can be converted of course, I’ll have a look ASAP between two other things 🙂 Happy new year!

12/30/2016 at 11:26 PM #19485 quote

Carlos Silva
Participant

New

Thanks Nicolas! Happy new year!

12/31/2016 at 5:49 PM #19514 quote
Nicolas
Keymaster

Legend
Thank you Carlos, happy new year to you too 🙂 I made conversion of the Gann HighLow activator formula, please find below the code of this indicator. I’ll add it to the code library too, soon. I were almost sure it was already part of it, since it is a very common indicator, but not.. so here it is:
```
//PRC_Gann HighLow Activator | indicator
//31.12.2016
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge
//Converted from Metastock version

// --- parameters
period = 10
// ---

avgH = average[period](high)[1]
avgL = average[period](low)[1]

if close>avgH then
 hilo = 1
elsif close<avgL then
 hilo = 0
endif

if hilo then
 gannHiLo = avgL
 color = 1
else
 gannHiLo = avgH
 color = -1
endif

return gannHiLo coloured by color as "gannHiLo activator"
```
You can also download the ITF file attached and directly import it into your trading platform. I’ll do the next indicator conversion to prorealtime ASAP.
gann-highlow-hilo-prorealtime.png
01/01/2017 at 3:02 AM #19532 quote

Carlos Silva
Participant

New

Dear Nicolas, its an absolute honour to have someone like you doing this great job! Thank you very much!

01/02/2017 at 4:16 PM #19635 quote
Nicolas
Keymaster

Legend
Here is the translated code for the VPCI (Volume Price Confirmation Indicator), but I’m not sure of its accuracy. Where did you find that code yourself? Do you got any examples of its reading please?
```
stvwmaperiods = 10
ltvwmaperiods = 50
stsmaperiods = 5
svpciperiods = 10

price = customclose

 // Calculate Short Term & Long Term Volume Weighted Moving Averages
ShortTermVWMA= Summation[stvwmaperiods](Volume*price)/Summation[stvwmaperiods](Volume) 
LongTermVWMA= Summation[ltvwmaperiods](Volume*price)/Summation[ltvwmaperiods](Volume) 
 // Calculate Short Term Simple Moving Average
ShortTermSMA= average[stsmaperiods](price)  
// Calculate the VPCI Components
VPC= ShortTermVWMA - ShortTermSMA
VPR= ShortTermVWMA / ShortTermSMA
VM= ShortTermVWMA / LongTermVWMA  
// Calculate Volume Price Confirmation Indicator
// Normalize VPCI values & Calculate Volume-Weighted MA of VPCI
VPCI= VPC * VPR * VM//) * 10000 / C 

SmoothedVPCI= Summation[svpciperiods](Volume*VPCI)/Summation[svpciperiods](Volume)

return VPCI,smoothedVPCI
```
01/02/2017 at 5:18 PM #19638 quote

Carlos Silva
Participant

New

Dear Nicolas, i saw this code in vttrader platform. The code you translate it not working. I dont know the reason. 🙁 Thanks.

01/02/2017 at 6:06 PM #19640 quote
Nicolas
Keymaster

Legend
Because the instrument you put the indicator on need Volume. You can try this version instead, which prevent the indicator to calculate if it has still not bar enough loaded:
```
stvwmaperiods = 10
ltvwmaperiods = 50
stsmaperiods = 5
svpciperiods = 10

price = customclose

if barindex>ltvwmaperiods then 
// Calculate Short Term & Long Term Volume Weighted Moving Averages
ShortTermVWMA= Summation[stvwmaperiods](Volume*price)/Summation[stvwmaperiods](Volume)
LongTermVWMA= Summation[ltvwmaperiods](Volume*price)/Summation[ltvwmaperiods](Volume)
// Calculate Short Term Simple Moving Average
ShortTermSMA= average[stsmaperiods](price)
// Calculate the VPCI Components
VPC= ShortTermVWMA - ShortTermSMA
VPR= ShortTermVWMA / ShortTermSMA
VM= ShortTermVWMA / LongTermVWMA
// Calculate Volume Price Confirmation Indicator
// Normalize VPCI values & Calculate Volume-Weighted MA of VPCI
VPCI= VPC * VPR * VM//) * 10000 / C

SmoothedVPCI= Summation[svpciperiods](Volume*VPCI)/Summation[svpciperiods](Volume)
endif

return VPCI,smoothedVPCI
```
It’s working for me, but as I said, I’m not sure how it should look, because I saw many other different versions of this indicator over the internet.
volume-price-confirmation.png
01/04/2017 at 10:18 PM #19869 quote

Carlos Silva
Participant

New

Dear Nicolas, thanks for your efforts but unfortunatelly it doesnt work with me. it appears an empty image. No lines. I show you how it appears in vttrader. Thanks.
ScreenHunter_30-Jan.-04-21.16.jpg

01/04/2017 at 11:00 PM #19875 quote

Nicolas
Keymaster

Legend

Please tell me instruments tickers that don’t work as I try to reproduce the problem myself.

01/05/2017 at 12:26 AM #19885 quote

Carlos Silva
Participant

New

Dear Nicolas all the forex pairs dont work. Thanks.

01/05/2017 at 9:28 AM #19892 quote

Nicolas
Keymaster

Legend

As I said already in one of my previous post, you need instrument with Volumes for the indicator to compute correctly. Forex pairs have no Volumes with IG, so if Volume=0, you’ll never have a chance to see something calculated 🙂

Nicolas wrote:
Because the instrument you put the indicator on need Volume.

01/05/2017 at 11:14 PM #19983 quote

Carlos Silva
Participant

New

Dear Nicolas, thanks for your kindly help!

10/18/2018 at 8:12 PM #83143 quote

timal dude
Participant

Junior

Dear Nicolas, I bought the book investing with volume analysis. I tried your coding, i think it needs a little tweak: the VPC is based on long-term period while the VPR a short-term period. This is the formula from the book c= close v= volume s= 10 l=50 vpc= vwma( c,l) – sma (c,l) vpr= vwma(c,s)/ sma (c,s) vm= sma(v,s)/sma(v,l) VPCI= vpc x vpr x vm VPCIs= vwma(vpci, s) Could you please code it? Thank you for your help
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