Gann Swing Oscillator Bitcoin Trading Analysis & Gann Swing Oscillator Trading Signals
Created by Robert Krausz.
This indicator is an oscillator and is used to help define market swings.
Swing up - A market swing up is defined by 2 higher highs while a market
Swing low - A market swing low is defined by 2 lower lows.
The oscillator oscillates between values of +1 & -1:
- An up-swing is indicated by a +1 value of the oscillator while
- A down-swing is indicated by a -1 value of the oscillator.
Bitcoin Trading Analysis & How to Generate Trading Signals
Bullish Trading Signal - A buy is generated within a buy trend that is defined by the Gann Trend Oscillator, the buy cryptocurrency signal is generated when both these are at the top value.
Bearish Trading Signal - A sell is generated within a sell trend that is defined by the Gann Trend Oscillator, the sell cryptocurrency signal is generated when both of these are at the bottom value.
Determine long term Bitcoin trend
Gann Swing Oscillator - Determine short term bitcoin trend (Swing/Entry Points).
The Swing Oscillator is meant to be used in combination with the Gann HiLo Activator and Gann Bitcoin Trend indicator to form a cryptocurrency system technique oftenly referred to as the: 'New Gann Swing Chartist Plan'. Within this technique the Swing Oscillator is used to help determine market direction for trading only within the current cryptocurrency trading market trend shown by the Bitcoin Trend indicator.
In the Example Below the 'New Gann Swing Chartist Plan' bitcoin trading system has been shown. The bitcoin trend (downward bitcoin trend) is determined by the Bitcoin Trend Oscillator & the entry point determined by the Swing Oscillator.
New Swing Chartist Plan