Gann Multi-Trend Indicator for Short-, Medium-, and Long-Term Direction
Summary
The Gann_Multi_Trend indicator classifies market direction over short, medium, and long horizons. Users set a separate calculation period for each horizon, along with a deviation input. For a given period, the indicator labels the trend upward when both the current high and low exceed their respective period-range values; it labels the trend downward when both are below those values.
The description gives the directional rules and adjustable inputs but does not explain how deviation affects calculations or clarify the exact lookback comparison behind the period-range values. It supplies no chart examples, market-specific guidance, backtest, or performance evidence. The indicator is thus presented as a multi-horizon trend classification tool, with practical interpretation and validation left to the user.
Key ideas
- The indicator classifies trends over short, medium, and long time horizons.
- Each horizon has its own period setting, alongside a deviation input.
- A trend is upward when both the current high and low exceed their period-range counterparts.
- A trend is downward when both the current high and low fall below those counterparts.
- The document provides no test results or explanation of the deviation input.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.