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