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