Login Page - Create Account

Technical Studies Reference


Gann Trend Oscillator

This study calculates and displays the Gann Trend Oscillator (GTO) of the Price Data. The GTO is meant to be used in conjunction with the Gann HiLo Activator and the Gann Swing Oscillator, as prescribed by Robert Krausz in his article The New Gann Swing Chartist, Stocks & Commodities V16:2 (pp 57-66).

Let \(H_t\) and \(L_t\) be, respectively, the High Price and Low Price at Index \(t\).

An Uptrend occurs at Index \(t\) if \(H_{t - 1} < H_t\) and \(L_{t - 1} < L_t\).

A Downtrend occurs at Index \(t\) if \(H_{t - 1} > H_t\) and \(L_{t - 1} > L_t\).

We denote the value of the Gann Trend Oscillator at Index \(t\) as \(GTO_t\), and we compute it for \(t > 0\) as follows.

\(\displaystyle{GTO_t =\left\{ \begin{matrix} 1 & Uptrend \\ -1 & Downtrend \\ 0 & No \space Trend \end{matrix}\right .}\)

Inputs

  • This study has no inputs.

Spreadsheet

The spreadsheet below contains the formulas for this study in Spreadsheet format. Save this Spreadsheet to the Data Files Folder.

Open it through File >> Open Spreadsheet.

Gann_Trend_Oscillator.477.scss


*Last modified Friday, 18th December, 2020.