Gann HiLo Activator

Overview

The Gann HiLo Activator was first introduced by Robert Krausz in the Feb. 1998 issue of Stocks & Commodities Magazine. Further information about this indicator was gathered from Robert Krausz's Fibonacci Trader Journal (Volume 1, Issue 2).

The Gann HiLo Activator is basically a simple moving average of the previous 3 periods' highs or lows plotted based in relation to the HiLo Activator. When price is above the HiLo Activator it can be used as a buy stop (uses the previous periods lows for calculations) and when price is below the HiLo Activator it can be used as a sell stop (using the previous periods highs for calculation).

The Gann HiLo Activator is meant to be used in conjuction with the Gann Swing and Gann Trend indicators to form a trading system methodology commonly referred to as the "New Gann Swing Chartist Plan". Within this methodology the Gann HiLo Activator can be used as an entry trigger and stoploss point.

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