Getting Started with the Gann High Low Activator
The Gann High Low Activator is a nifty tool that was introduced by Robert Krausz back in 1998 in Stocks & Commodities Magazine. Essentially, it’s a straightforward simple moving average (SMA) that looks at the highs and lows over a set period.
While there are several variations of this indicator floating around, what we really needed was a stripped-down version that remains effective for testing its performance. This version delivers exactly that! The only twist is that the line's color changes depending on the trend indicated by the Gann high/low activator, making it easy to read at a glance.
Tips for Using the Gann High Low Activator
- Pay attention to the color shifts; they serve as signals for trend changes.
- When this indicator was first created, traders primarily used daily charts (often hand-drawn). It’s wise to start your testing on daily charts before experimenting with shorter time frames.
Comments 0