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

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

Gann HiLo Activator 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 HiLo Activator Technical Analysis Signals

Created by Robert Krausz.

Originally used to trade Stocks & 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.

Gann HiLo Activator Expert Advisor Setup

Forex Analysis and How to Generate Signals

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

Bearish Forex Signal- When price is below the Gann Activator it shows that the trend is bearish and only Sell trades should be executed. In a bearish trend the activator uses 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 system methodology that is oftenly referred to as the "New Gann Swing Chartist Plan". Within this method the Gann Activator can be used as an entry signal or exit signal.