The indicator of the Micro, Middle and Main Trends
Author: Nikolay Kositsin
Forum on trading, automated trading systems and testing trading strategies
Indicators: HI LO Indicator
newdigital, 2013.08.29 15:51
Gann HiLo Activator Technical Indicator
Developed by Robert Krausz.
This indicator was originally used to trade Stocks and Commodities
The Gann HiLo Activator 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.
Technical Analysis of Gann Activator Technical Indicator
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 the Gann 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 the Gann Activator uses the
previous periods’ price highs for calculations.
The Gann HiLo Activator should be used in combination with the Gann
Swing Indicator and Gann Trend indicator to form a Forex trading system
methodology that is commonly referred to as the "New Gann Swing Chartist Plan". Within this trading method the Gann Activator can be used as an entry signal or exit signal.