GANN HiLo Activator in Forex and the ways to use it:
Time frame: any.
Currency: Major Currency
This trend following indicator helps finding both: entries and exits. It allows to enter a trade quite early and stay in the trade longer.
If you have a set of rules or a trading system that require some improvement on entries and exits, GANN HiLo Activator could be the right tool.
GANN HiLo also looks interesting for scalping, all you need is to identify the main trend take either only Buy or Sell signals given by the indicator. For example, we can use 50 EMA to identify the main trend.
Again, these are just great hints. In order to give you a set of rules, I need to make one first and test it properly. So, for now it will look like introduction, while hopefully later and also with a help of other traders I will update it to a good trading system with straight forward rules.
This trading system may look too simple. however, you dont need a complex system to be succesful in forex
pay attention to larger time frame to identify support and resistance level
limit your loses and let your profit run and use trailing stop.
Happy experimenting and trading!
Time frame: any.
Currency: Major Currency
This trend following indicator helps finding both: entries and exits. It allows to enter a trade quite early and stay in the trade longer.
If you have a set of rules or a trading system that require some improvement on entries and exits, GANN HiLo Activator could be the right tool.
GANN HiLo also looks interesting for scalping, all you need is to identify the main trend take either only Buy or Sell signals given by the indicator. For example, we can use 50 EMA to identify the main trend.
Again, these are just great hints. In order to give you a set of rules, I need to make one first and test it properly. So, for now it will look like introduction, while hopefully later and also with a help of other traders I will update it to a good trading system with straight forward rules.
This trading system may look too simple. however, you dont need a complex system to be succesful in forex
pay attention to larger time frame to identify support and resistance level
limit your loses and let your profit run and use trailing stop.
Happy experimenting and trading!
Code:
http://rapidshare.com/files/162148227/Gann_HiLo_Activator_v2_www.forexoptical.com.rar
