Gann High Low

Gann High Low is a moving average based trend indicator consisting of two different simple moving averages.

The Gann High Low Activator Indicator was described by Robert Krausz in a 1998 issue of Stocks & Commodities Magazine. It is a simple moving average SMA of the previous n period's highs or lows.

The indicator tracks both curves (of the highs and the lows). The close of the bar defines which of the two gets plotted.

This version is showing the channel that needs to be broken if the trend is going to be changed, and it allows you to chose from the 4 basic averages type for calculation (by definition, Gann High Low Activator uses only simple moving average, but some other averages can give you results that are probably more acceptable for trading in some conditions).

Increasing HPeriod and decreasing LPeriod better for short trades, vice versa for long positions.
Release Notes:
updated to v5
added alert conditions due to user demands

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


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