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Gann High-Low Activator with a JMA Trend Channel

Article MQL5 code base

Summary

The Gann High-Low Activator tracks separate averages of recent highs and lows. The document says the close determines which curve is displayed, and describes the resulting line or channel as a level that price must break to signal a possible trend change. The indicator is attributed to Robert Krausz and presented as a variation of the original high-low method.

This version substitutes a JMA for the simple moving average used in the standard description. The stated motivation is that another averaging method may be more suitable for trading under some conditions, but the text provides no parameter settings, chart examples, test results, or rules for entries and exits. It therefore explains the indicator’s construction and intended interpretation without showing that the JMA variant improves trading performance.

Key ideas

  • The indicator follows recent highs and lows with two moving-average curves.
  • The closing price determines which curve is displayed.
  • A break of the plotted level is presented as a possible trend-change signal.
  • This variant uses JMA in place of the standard simple moving average.
  • The document gives no evidence that the JMA version improves results.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.