Gann Swing Oscillator Gold Trading Analysis & Gann Swing Oscillator Trading Signals
Created by Robert Krausz.
This gold 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 & -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.
XAUUSD Analysis & How to Generate Signals
Bullish Trading Signal - A buy is generated within a buy trend that's defined by the Gann Trend Oscillator, the buy signal is generated when both these are at the top value.
Bearish Trading Signal - A sell is generated within a sell trend that is 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 Gold trend
Gann Swing Oscillator - Determine short term gold 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 xauusd 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 gold market trend shown by the Gold Trend indicator.
In the Examples Below the "New Gann Swing Chartist Plan" gold trading system has been shown. The gold trend (downwards gold trend) is determined by the Gold Trend Oscillator & the entry point decided by the Swing Oscillator.
New Swing Chartist Plan