Gann High/Low Activator JMA - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources
The Gann High Low Activation Indicator was described by Robert Krausz in the 1998 issue of Stocks & Commodities magazine. This is a simple moving average SMA of the previous n periods of highs or lows.
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 channel that needs to be broken if the trend is to change, and it is calculated using JMA (by definition the Gann High and Low Activator Simple Moving Average, but some other averages such as the well-known JMA can give you results that may be more acceptable for certain trading conditions).
Attachment download
📎 gann_high-low_activator_jma.mq5 (10.7 KB)
Source: MQL5 #22111
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