Gann HiLo Activator Bitcoin Trading Analysis and Gann HiLo Activator Bitcoin Trading Signals
Developed by Robert Krausz.
Originally used to trade Stocks and Commodities
This btcusd indicator is drawn over the btcusd 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 Trading Analysis and Generating Bitcoin Trading Signals
Bullish Signal- When btcusd 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' btcusd price lows for calculations.
Bearish Signal- When btcusd 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' btcusd price highs for calculations.
Buy and Sell Bitcoin Trading Signal
The Gann HiLo Activator should be used in combination with the Gann Swing and Gann Bitcoin Trend indicator to form a cryptocurrency trading system methodology that is commonly referred to as the "New Gann Swing Chartist Plan". Within this trading method the Gann Activator can be used as an entry signal or exit signal.