Gann HiLo Activator Analysis and Gann HiLo Activator Signals
Developed by Robert Krausz.
Originally used to trade Stocks and Commodities
This trading indicator is drawn over the price chart.
This indicator is basically a simple MA of the previous 3 periods highs or lows drawn based in relation to the HiLo Activator.
Gold Analysis and Generating Signals
Bullish Signal- When price is above the Gann Activator it shows that the trend is bullish & only Buy trades should be executed. In a bullish trend the activator uses the previous periods' price lows for its calculations.
Bearish Signal- When price is below the Gann Activator it shows the trend is bearish & only Sell trade transactions should be executed. In a bearish market trend the activator uses previous periods' price highs for its calculations.
Buy & Sell Trading Signal
The Gann HiLo Activator should be used in combination together with the Gann Swing and Gann Trend trading indicator to form a trading system method that's commonly referred to as 'New Gann Swing Chartist Trade Plan'. Within this technique and method the Gann Activator can be used as an entry signal or exit trade signal.
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