The Gann HiLo Activator is an MT4 indicator that is plotted over a price chart. This Forex indicator is simply a moving average of the previous 3 periods highs OR lows which is plotted based in relation to the HiLo Activator.
The Gann HiLo Activator Indicator is a trend indicator which means that it helps you identify trends. This indicator is really good when the Forex market is trending but in ranging markets, it will perform really badly as I will show you on a chart below.
When the line is above the candle, SELL When the line is below the candle, BUY.
Based on this indicator recreated for Ninja Trader 8
|Created By||Jeremy Bankes|
|File Size||18.0 KB|
|# of Downloads||149|
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