Gann High/Low Activator (Simple) - MetaTrader 5 Script | Forex Indicators 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.
It has quite a few versions, but it seems that we are missing a version that is as simple as possible and also as efficient as possible for the performance of the test indicator. This version does that - the only "frustration" is that the color of the lines changes based on the trend of the Gann high/low activator. The rest is very simple
suggestion:
Attachment download
📎 gann_high_low_activator_rsimplep.mq5 (6.18 KB)
Source: MQL5 #31439
Gann High/Low Activator (Simple) - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Gann High/Low Activator (Simple) - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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