Good Trading requires the Best Charting Tool!- The Gann HiLo indicator helps traders determine the direction of the trends.
- It is built of a moving average.
The Gann HiLo Activator is a technical analysis tool that follows trends in the market. Robert Krausz developed the Gann HiLo indicator to help traders to determine the direction of the trends and to produce with-trend trading signals.
What are the main uses of the Gann HiLo Activator works?
The Gann High / Low Activator is in fact a simple moving average of the highs and lows of the previous period. It follows the trends in the market, reflects the direction of the price movement, generates trade entry signals, and also helps to determine levels of stop-loss.
The signals of the Gann HiLo Activator
The Gann HiLo Activator generates the following signals.
- When the price is above the Gann High / Low Activator, it indicates a bullish trend in the market. Traders should do only buying when a bullish signal appears. The Activator employs the price lows of the previous period to generate bullish signals.
- When the price is below the Gann High / Low Activator, it indicates a bearish trend in the market. Traders should only initiate selling trades when a bearish signal appears. The Activator employs the price highs of the previous period to generate bearish signals.
Bottom line
The Gann HiLo Activator developed by Robert Krausz is a simple but effective trading tool to determine the trend in the market. It is very easy to compute and comprehend. However, the reliability of this indicator can be enhanced. That is the reason that technical analysts and experts suggest using the Gann HiLo indicator in conjunction with the Gann Swing indicator and Gann Trend indicator. This combination forms a Forex trading system commonly known as the New Gann Swing Chartist Plan. This combination is so effective that it significantly enhances the reliability of the Gann High/Low Activator. The Activator will provide the most effective and reliable entry and exit signals within this unique trading system methodology.
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