Gann Swing Oscillator Expert Advisor Setup - Setting Up Gann Swing Oscillator Expert Advisor
Gann Swing Oscillator Expert Advisor Setup - Setting Up Gann Swing Oscillator Expert Advisor - A trader can come up with an Gann Swing Oscillator Expert Advisor based on the Gann Swing Oscillator indicator explained below.
Gann Swing Oscillator Expert Advisor rules can be combined with other indicators to come up with other EA Robots that trade using rules based on two or more indicators combined to form a system.
Gann Swing Oscillator Technical Analysis Signals
Developed by Robert Krausz.
This indicator is an oscillator 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 oscillator oscillates between values of +1 and -1:
- An up-swing is indicated by a +1 value of the oscillator while
- A down-swing is indicated by a -1 value of the oscillator.
Gann Swing Oscillator Expert Advisor Setup
Technical Analysis and Generating Signals
Bullish Signal - A buy is generated within a buy trend that is defined by the Gann Trend Oscillator, the buy signal is generated when both these are at the top value.
Bearish Signal - A sell is generated within a sell trend that is defined by the Gann Trend Oscillator, the sell signal is generated when both of these are at the bottom value.
Gann Trend Oscillator - Determine long-term trend
Gann Swing Oscillator - Determine short-term trend (Swing/Entry Points).
The Swing Oscillator is meant to be used in combination with the Gann HiLo Activator and Gann Trend indicator to form a system technique oftenly referred to as the: 'New Gann Swing Chartist Plan'. Within this technique the Swing Oscillator is used to help determine market direction for trading only within the current market trend shown by the Trend indicator.
In the Examples Below the 'New Gann Swing Chartist Plan' system has been shown. The trend (downtrend) is determined by the Trend Oscillator & the entry point decided by the Swing Oscillator.
New Swing Chartist Plan - Gann Swing Oscillator Expert Advisor Setup
