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