Gann HiLo Activator Analysis & Gann HiLo Activator Signals
Created by Robert Krausz.
Originally used to trade Stocks and Commodities
This indicator is drawn over the 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.
Gold Analysis and Generating Signals
Bullish Signal- When gold price is above the Gann Activator it shows that the trend is bullish and only Buy trades should be executed. In a bullish trend the activator uses the previous periods' price lows for calculations.
Bearish Trading Signal- When gold price is below the Gann Activator it shows that the trend is bearish and only Sell trades should be executed. In a bearish trend the activator uses the previous periods' price highs for calculations.
Buy and Sell Signal
The Gann HiLo Activator should be used in combination with the Gann Swing and Gann Trend indicator to form a gold system methodology that is oftenly referred to as "New Gann Swing Chartist Plan". Within this method the Gann Activator can be used as an entry signal or exit signal.