Gann HiLo Activator Oil Technical Analysis and Gann HiLo Activator Trading Signals
Created by Robert Krausz.
Originally used to trade Stocks and Commodities
This oil indicator is drawn over the crude oil price chart.
This oil indicator is basically a simple moving average of the previous three periods highs or lows drawn based in relation to HiLo Activator.
Crude Oil Technical Analysis & How to Generate Trading Signals
Bullish Crude Trading Signal- When crude oil price is above the Gann Activator it shows that the oil trend is bullish and only Buy trades should be executed. In a bullish oil trend this activator uses the previous periods' crude oil price lows for calculations.
Bearish Trading Signal- When crude oil price is below the Gann Activator it shows that the oil trend is bearish and only Sell trades should be executed. In a bearish oil trend this activator uses the previous periods' crude oil price highs for calculations.
Buy & 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 technique that's commonly referred to as "New Gann Swing Chartist Plan". Within this trading technique the Gann Activator can be used as an entry signal or exit signal.