Gann HiLo Activator Technical Analysis & Gann HiLo Activator MT5 Indicator

Created by Robert Krausz.

Originally used to trade Stocks and Commodities

This MT5 indicator is drawn over the forex price chart.

This MT5 indicator is basically a simple moving average of the previous 3 periods highs or lows drawn based in relation to HiLo Activator.

FX Technical Analysis & Generating Signals

Bullish Trading Signal- When forex price is above the Gann Activator it shows that the Forex trend is bullish and only Buy trades should be executed. In a bullish forex trend this activator uses the previous periods' forex price lows for calculations.

Bearish Forex Signal- When forex price is below the Gann Activator it shows that the Forex trend is bearish and only Sell trades should be executed. In a bearish forex trend this activator uses the previous periods' forex price highs for calculations.

Buy & Sell Signal

The Gann HiLo Activator should be used in combination with the Gann Swing and Gann Forex Trend indicator to form a trading system methodology that is commonly referred to as the "New Gann Swing Chartist Plan". Within this forex method the Gann Activator can be used as an entry signal or exit signal.