Indicators: Hi/lo mod

[Automated-Trading]

Hi/lo mod:

It is a very old version of High/Low indicator (basically the idea comes from a Gann High Low activator with some modifications).

Modification was made at that time to allow users to use the indicator in scalping but as well in trending mode.

Usage is simple :

• It signals a buy/sell opportunity when the indicator changes color.
• If using it in that signaling mode, close opposite orders (if opened) on a new signal.

Author: Mladen Rakic