FREE FOREX STRATEGIES

#2 GANN HiLo Activator MT4


Hello everyone,
Today we will look at GANN HiLo Activator - another custom indicator for Metatrader 4 Platform.

I’ll show you the ways to use it.
You may have already noticed that I’m not giving the exact trading rules to trade upon.
That’s because I’m discovering and learning about MT4 custom indicators now. Learning in Forex never ends. I saw some good potential in those trading tools that we all may benefit from and improve our trading strategies, so I decided not to postpone it till better times and publish my observations as I move forward.

GANN HiLo Activator in Forex and the ways to use it:

Time frame: any.

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 for MT4 Forex

For, example, let’s take our existing advanced Forex system #3
By adding GANN HiLo Activator we may now pinpoint more accurate entries.
We can also use this indicator for exits later, while at the same time trailing our stops, for example, with Bbands Stop custom indicator we talked about last time.

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.

MT4 GANN HiLo custom indicator for scalping in Forex

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.

Attachment:

Gann_HiLo_Activator_v2.zip

Edward Revy,
http://forex-strategies-revealed.com/

Copyright © Forex Strategies Revealed

Bad its repaint....

MA5 GannHilo PSAR is a trend following EA. This Expert Advisor open / close the trade after the cross of the moving averege and Gann HiLo Activator (at the close of the second candle). With Parabolic Sar stop loss. http://www.fx-mt4.info/view-review/ma5-gannhilo-psar-ea-expert-advisor

hi Edward in one of your posts here you said that you keep on changing indicators and systems.Kindly tell us which is your successful forex system,indicator or strategy till date,please share with us.

Hedging works with this indicator as well.

When you dont even know what an EMA is please dont start trading at all...jesus..

EMA is a default indicator in MT4 - called "Moving average". In the MA settings you change it to Exponential (EMA) and set the period to 50.
Gan HiLo download link in on the first page find the word "Attachment".

WHere do I find and download 50 EMA and Gann hilo indicators???Please advise..Thanks


Thank you so much for your spirit of sharing with other forex Traders.I have a general problem which is this. I don't know how to back test an indicator or EA. Please any one with useful clue can please help.

Hi Azim,

The settings for 1H TF would be the same - default 10 period; or you can also try 14 period.

Kind regards,
Edward

Hello Edward,

I just knew about this strategy, if i did know about this indicator earlier, this would really improve my trading. so anyway i just want to know what is the setting for 1 hour Timeframe=)

Thank You,
Azim

HELLO GUYS I PREFER THIS INDICATOR AND USE IT ON 4HR FROM ONLY SOME DAYS BUT IT SEEMS WONDERFUL FROM THE VIEM

ANY OPINIONS

SETTING IS 5 OR 3 TO GET THE PRICES SLOP ON ONLY 4HR FOR EUR/USD

thanks..

bir denemek isterim. thanka...


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