Gann Swing MT4 Indicator MT4 Indicator Signals

Created by Robert Krausz.

This MetaTrader 4 Indicator is an MT4 Indicator and is used to help define market swings.

Swing up - A market swing up is defined by 2 higher highs while a market

Swing low - A market swing low is defined by 2 lower lows.

The MetaTrader 4 Indicator oscillates between values of +1 and -1:

• An up-swing is indicated by a +1 value of the MT4 Indicator while
• A down-swing is indicated by a -1 value of the MT4 Indicator.

MT4 Indicator & How to Generate Signals

Bullish Signal - A buy is generated within a buy trend that is defined by the Gann Trend MT4 Indicator, the buy signal is generated when both these are at the top value.

Bearish FX Signal - A sell is generated within a sell trend that is defined by the Gann Trend MetaTrader 4 Indicator, the sell signal is generated when both of these are at the bottom value.

Gann Trend MT4 Indicator - Determine long-term trend

Gann Swing MT4 Indicator - Determine short-term trend (Swing/Entry Points).

The Swing MT4 Indicator is meant to be used in combination with the Gann HiLo Activator and Gann Trend MT4 Indicator to form a system technique oftenly referred to as the: 'New Gann Swing Chartist Plan'. Within this trading methodology the Swing MT4 Indicator is used to help determine market direction for trading only within the current forex market trend shown by the Trend MT4 Indicator.

In the Examples Below the 'New Gann Swing Chartist Plan' system has been shown. The trend (downtrend) is determined by the Trend MT4 Indicator and the entry point determined by the Swing MT4 Indicator.

New Swing Chartist Plan