Good day traders,
In this article I am going to show you and explain you about the Gann HiLo Activator. It’s a trend indicator and you can use it to identify the trends. The results show us that this indicator is better for scalping positions as you can give you signals to get early in a trend. It look like a moving average. Let’s see the first chart.
It’s from EURUSD currency pair and I use a 15 minutes timeframe. The Gann HiLo Activator is the blue line. As I told you above it looks like a moving average. You can change the color and the period. The default settings is the blue color and the 10 days period. As you understand you can take long and short signals from this indicator when the price crosses above or below the blue line. When the price crosses above the blue line we have a long signal. On the other hand, when the price crosses below the Gann HiLo Activator we have a short signal.
This is the second chart of the day, from the same currency pair, EURUSD, with the same timeframe, 15 minutes. With this chart I want to show you how to filter the signals of this indicator. Just use a simple or an exponential moving average. You should look for the price to have already cross above or below the moving average. This means that you are already in a trend, bullish or bearish. After this, wait for the price to cross below or above the Gann HiLo Activator, too. With this way your trades have more probabilities to be in the money. In this chart you can see three in the money trade setups in the blue rectangles. In these setups the price broke first the moving average and we take our positions after the Gann HiLo activator break.