Gann Swing chart code for Metastock

[Peter Lim <peterl@xxxxxxxxx>]

Hi,

 For fellow metastock users interested to take a go at coding the Gann
Swing chart, here's some details:



Classic W.D.Gann style swing chart that works in End of Day/Intra day data. 

It would appear as a line connecting to several points as defined below and
as shown as a dotted line in the sample chart attached, produced in another
software:

The SWING DIRECTION CHANGES when the swing is up and there are 3
consecutives lower lows with the close of the last bar lower than the close
of the previous bar and the close of the last bar lower than the medium
(HI+Low)/2 of the same bar.( ie. at this point it changes direction from up
to down)

The SWING CHANGES DIRECTION when  the swing is down and there are 3
consecutives higher highs with the close of the last bar higher than the
close of the previous bar and the close of the last bar higher than the
medium (HI+Low)/2 of the same bar.(ie. it then changes direction from down
to up)

Thanks!

Peter
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