Gann HiLo Activator EA Setup - Setting Up Gann HiLo Activator Expert Advisor

Gann HiLo Activator EA Setup - Setting Up Gann HiLo Activator Expert Advisor - A trader can come up with an Gann HiLo Activator EA based on the Gann HiLo Activator indicator explained below.

Gann HiLo Activator EA rules can be combined with other Forex technical indicators to come up with other Expert Advisor Forex Robots that trade using rules based on two or more indicators combined to form a trading system.

Gann HiLo Activator Forex Technical Analysis Signals

Created 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.

Gann HiLo Activator EA Setup

Forex Trading Technical Analysis & How to Generate Signals

Bullish 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 Trading 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 - Forex Gann HiLo Activator EA Setup

The Gann HiLo Activator should be used in combination with the Gann Swing and Gann Trend indicator to form a Forex trading system technique that's oftenly referred to as the 'New Gann Swing Chartist Plan'. Within this trading technique the Gann Activator can be used as an entry signal or exit signal.