Gann HiLo Activator Indices Technical Analysis & Gann HiLo Activator Trading Signals
Developed by Robert Krausz.
Originally used to trade Stocks and Commodities
This indicator is drawn over the trading price chart.
This indicator is basically a simple moving average of the previous 3 periods highs or lows drawn based in relation to HiLo Activator.
Technical Analysis & How to Generate Trading Signals
Bullish Trading Signal- When trading price is above the Gann Activator it shows that the trend is bullish and only Buy trades should be executed. In a bullish trend this activator uses the previous periods' stock indices trading price lows for calculations.
Bearish Trading Signal- When trading price is below the Gann Activator it shows that the trend is bearish and only Sell trades should be executed. In a bearish trend this activator uses the previous periods' stock indices trading price highs for calculations.
Buy & Sell Trading Signal
The Gann HiLo Activator should be used in combination with the Gann Swing and Gann Indices Trend indicator to form a trading system methodology that's oftenly referred to as 'New Gann Swing Chartist Plan'. Within this trading method the Gann Activator can be used as an entry signal or exit signal.