Gann HiLo Activator Technical Analysis & Gann HiLo Activator Trading Signals
Created by Robert Krausz.
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 Generating Trading 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 trading system methodology that is commonly referred to as the 'New Gann Swing Chartist Plan'. Within this trading method the Gann Activator can be used as an entry signal or exit signal.