Gann Swing Oscillator EA Setup - Setting Up Gann Swing Oscillator Expert Advisor

Gann Swing Oscillator EA Setup - Setting Up Gann Swing Oscillator EA - A trader can come up with an Gann Swing Oscillator EA based on the Gann Swing Oscillator indicator explained below.

Gann Swing Oscillator EA rules can be combined with other Forex trading 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 Swing Oscillator Forex Technical Analysis Signals

Developed by Robert Krausz.

This indicator is an oscillator & is used to help define market swings.

Swing up - A market swing up is defined by 2 higher highs while a market

Swing low - A market swing low is defined by 2 lower lows.

The oscillator oscillates between values of +1 and -1:

• An up-swing is indicated by a +1 value of the oscillator while
• A down-swing is indicated by a -1 value of the oscillator.

Gann Swing Oscillator EA Setup

Forex Trading Analysis and Generating Signals

Bullish Signal - A buy is generated within a buy trend that's defined by the Gann Trend Oscillator, the buy trading signal is generated when both these are at the top value.

Bearish Trading Signal - A sell is generated within a sell trend that's defined by the Gann Trend Oscillator, the sell trading signal is generated when both of these are at the bottom value.

Gann Trend Oscillator - Determine long-term Forex trend

Gann Swing Oscillator - Determine short-term Forex trend (Swing/Entry Points).

The Swing Oscillator is meant to be used in combination with the Gann HiLo Activator and Gann Trend indicator to form a Forex trading system methodology oftenly referred to as the: "New Gann Swing Chartist Plan". Within this trading technique the Swing Oscillator is used to help determine market direction for trading only within the current forex market trend shown by the Trend indicator.

In the Examples Below "New Gann Swing Chartist Plan" trading system has been shown. The trend (downtrend) is determined by the Trend Oscillator & the entry point decided by the Swing Oscillator.

New Swing Chartist Plan - Gann Swing Oscillator EA Setup