Gann HiLo Activator Bitcoin Analysis & Gann HiLo Activator Trading Signals
Created by Robert Krausz.
Originally used to trade Stocks and Commodities
This btcusd indicator is drawn over the bitcoin price chart.
This btcusd indicator is basically a simple moving average of the previous three periods highs or lows drawn based in relation to HiLo Activator.
Bitcoin Analysis & Generating Trading Signals
Bullish Trading Signal- When bitcoin price is above the Gann Activator it shows that the bitcoin trend is bullish and only Buy trades should be executed. In a bullish bitcoin trend this activator uses the previous periods' bitcoin price lows for calculations.
Bearish Trading Signal- When bitcoin price is below the Gann Activator it shows that the bitcoin trend is bearish and only Sell trades should be executed. In a bearish bitcoin trend this activator uses the previous periods' bitcoin price highs for calculations.
Buy and Sell Trading Signal
The Gann HiLo Activator should be used in combination with the Gann Swing and Gann Bitcoin Trend indicator to form a cryptocurrency system technique that is commonly referred to as "New Gann Swing Chartist Plan". Within this technique the Gann Activator can be used as an entry signal or exit signal.