Gann HiLo Activator Analysis & Gann HiLo Activator Signals
Developed 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.
XAUUSD Analysis and Generating Signals
Bullish Trading 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 this 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 this activator uses the previous periods' price highs for calculations.
Buy & 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.