EA Gann High Low Activator

The work of Gann is indeed very interesting it is the result of someone who has dedicated his entire life to the markets.

Howevever what we know about him today is not everything he has created. Some of his works never quited the manuscript stage.

I think that he was using everything he can, all the available technology of his day in order to read the markets. I think he was a visionary. Many can't understand but the simple bar charts of today were at the time something completely astonishing.

Yes today we have the summum of all the technical analysis available on internet, most of the readers here have gigabites of technical books and works in their hard - drives.

But on the other hand if Gann had an odge during his lifespan markets over the others the same is not true for us.

The market is something very specific, not all markets are the some and the markets evolve during time. I mean that the most computarized markets of today are fundamentally different from the markets in which Gann has practices his methods.



So there are two difficulties.

1. The Gann works and methods are incomplete (many of his works are not available).

2. Even if they were they were created for markets totally different from the market of today. That means that authomatic implementation is not going to work.



And yes, what can be done is to be fimiliriased with his methods and to have a creative approach.

Some even say that Gann was one of the first guys who actually used algorythmic approach. It is about the Gann high - low activator (now by the way entirely coded in mql and freely available to everybody, in its time that was the edge of the research).

Have a loot at: Krausz: W.D. Gann Treasure discovered



I made my own EA Gann High Low Activator. It is based on the indicator Gann High Low activator SSL from the code base.

You can download the indicator with the EA from here, just click on the download button. You need to install the indicator in order to make it work the EA.

And here the good news are over. Yes I made some testing but I did not find this EA strategy reliable on the recent market of Euro/Dollar. You can make your own tests and share.

Parameters:

The EA is based on the moving average generic EA, that means it shares the generic money management module. However in order to make it work I changed the trading rules a little bit (I do not pretend that I got it right).

So there is only one parameter and it comes from the High Low activator it is the Lb parameter and that is simply the number of bars you use for the computation of the indicator.

The rules can be interpreted as the basic single average system towards the price. Check the picture and you will understand.

If the Close is < the Gann High Low Activator indicator we Sell

If the Close is > the Gann High Low Activator indicator we Buy

DOWNLOAD the EA from here

Heiken Ashi SSAep

This is a Heiken Ashi SSA ep. This is a mod of the Smoothed version of Heiken Ashi, however instead of using moving average for the smoothing we use End - pointed Singular Spectrum Analysis (SSA ep).

Basically we do Singular Spectrum Analysis  with the High, Low, Open and Close.

Maybe you would like the result.

you can play with those parameters:

SSA lag: how many bars to use to compute the SSA window

SSA number of computations: This is the number of computations of the SSA

Number of bars ans first bars are used if you want to calculate the Heikin Ashi SSA for more history the default is 300

Trading Strategy


There is not a particular suggestion of a trading strategy, you can use it as an alternative for your own Heiken  strategies, as Heiken Ashi is a very popular tool for technical analysis. You can pick what manual strategy you have in your toolbox and replace the Smoothed Heikin Ashi with this one.

On the shot you can see the indicator plotted on the daily chart on the pair EUR/USD, well even if you do not have any particular strategy it may tell you what currency to hold in your bank account. I mean that even if you are not a trader the currencies fluctuations affect your bank account.  I think for this this may be a very usefull tool, you can use even the weekly bars.

The download link is here. There is a button on the right side of the page, just in case ;).