Gann High and Low Activator - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Robert Krausz described the Gann High-Low Activation Indicator in 1998 in Stocks & Commodities magazine. It is a simple moving average SMA of the highs or lows of the previous n periods.
This indicator tracks two curves (highs and lows). The bar chart's closing price defines which of the two is plotted.
This version shows the channels that need to be broken if the trend is to change, and allows you to choose from 4 basic average types for calculations (by definition, the Gann High and Low Activator only uses simple moving averages, but some other averages can give you results that may be more acceptable for trading under certain conditions).
Multiple timeframe example:
Attachment download
📎 gann_high-low_activator.mq5 (7.52 KB)
📎 gann_high-low_activator_2.mq5 (28.1 KB)
Source: MQL5 #16636
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