Forex Gann HiLo Activator Expert Advisor Setup - Setting Up Gann HiLo Activator Expert Advisor

Forex Gann HiLo Activator Expert Advisor Setup - Setting Up Gann HiLo Activator Expert Advisor - A Forex trader can come up with an Gann HiLo Activator Expert Advisor based on the Gann HiLo Activator indicator explained below.

Forex Gann HiLo Activator Expert Advisor rules can be combined with other Forex trading indicators to come up with other EA Forex Robots that trade using rules based on two or more indicators combined to form a forex trading system.

Gann HiLo Activator Forex Technical Analysis Forex Trading Signals

Developed by Robert Krausz.

Originally used to trade Stocks and Commodities

This indicator is plotted over the price chart.

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

Forex Gann HiLo Activator Expert Advisor Setup

Technical Analysis and Generating Signals

Bullish Signal- When price is above the Gann Activator it shows that the Forex 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 Signal- When price is below the Gann Activator it shows that the Forex 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 and Sell Signal - Forex Gann HiLo Activator Expert Advisor Setup

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