Gann HiLo Activator Technical Analysis & Gann HiLo Activator Trading Signals
Developed 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 3 periods highs or lows drawn based in relation to HiLo Activator.
Trading Analysis and How to Generate Trade Signals
Bullish Trading 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’ price lows for calculations.
Bearish Trading 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’ price highs for calculations.
Buy and Sell Trading 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 oftenly referred to as 'New Gann Swing Chartist Plan'. Within this technique the Gann Activator can be used as an entry signal or exit signal.