Gann HiLo Activator Forex Trading Technical Analysis & Gann HiLo Activator Signals
Developed by Robert Krausz.
Originally used to trade Stocks and Commodities
This indicator is plotted over the price chart.
This indicator is basically a simple moving average of the previous three periods highs or lows plotted based in relation to HiLo Activator.
Forex Trading Analysis and Generating Signals
Bullish Trading Signal- When price is above the Gann Activator it shows that the Forex 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 Signal- When price is below the Gann Activator it shows that the Forex 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 & Sell Signal
The Gann HiLo Activator should be used in combination with the Gann Swing and Gann Trend indicator to form a Forex trading system methodology that's oftenly referred to as "New Gann Swing Chartist Plan". Within this trading method the Gann Activator can be used as an entry signal or exit signal.
