Help with this

[suedeuno]

There is an system built off of an indicator in the current futures magazine. Anyone help produce this?

This system tries to reduce whipsaw losses with the
HighestLowest-Range (HLR) indicator, which shows
price’s relative location within the high-low range of the
past

n bars. If price is at the bottom of the range, the indicator’s
value is zero; if price is at the top of this range, its
value is 1; and if price is exactly between these boundaries,
the HLR indicator is 0.5. The HLR system initially enters the
market using standard breakout rules, but it exits a losing

trade if price comes within 20 percent of the channel boundaries


http://www.futuresandoptionstrader.c...oads/index.php