#2 GANN HiLo Activator MT4
Submitted by Edward Revy on May 6, 2008 - 07:12.
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:
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Hi Terry,
Arrows were drawn on the screenshot manually to illustrate the point.
Regards,
Edward
Hi there, Is there any way I can get those arrows in the indicator, I only get the line but no arrows.
I would appreciate your input
Thanks!!
Terry
Try these steps:
How to add indicators to MT4
Regards,
Edward
i m not able to add this indicator pls help me
interesting indicator thanx
One thing you can do to fix the problem of waiting is to drop down a time frame. I look at the 4H and 1H. If the 1H is a long candle, then you might miss a good chunk of move and risk a retrace. I use the HiLo on 3 or 5, drop to a 30M time and enter. Usually there isn't much retrace.
Make sure your ducks (or planets) are in a line, the 4H, 1H both going in your 30M direction and all will be okay. The daily trend isnt as important, at least in the timeframe I look at.
I really like this one. I dont use any other indicator, besides candles and trendline/ S+R with it.
Grant
Hmm..
what exactly would you like to know?
In summary:
It is a custom MT4 indicator I downloaded some time ago.
It signals about trend momentum change. Can be used for entries and exits. One should wait till the parameter of the indicator is fixed, e.g. wait till a candle closes before deciding on entries and exits.
Please let me know if you have any specific questions about it. Thank you.
Regards,
Edward
hello.i have been going thru ur indicators.can u tell me more abt them.[email protected].
It is there, on the first page. See attachments.
GANN HiLo Activator MT4 i need these indicator [email protected]
hi SSL indicator is very good but it reacts to the last bar during formation so you would have to wait for a candle to close above or below it in the case of an uptrend or a downtrend b4 you open a position and it should not be used alone but with ATR STOP,you would find it intresting.am alex
You get better exit and entry signals if the lookback period is set to 5...use only on M30 or higher...any TF lower ,the spread will kill you...
Thanks
Hi John,
I wasn't able to find the .mq4 file in my folder.
So here is what I got from the net:
Gann Hi-lo Activator SSL.zip
Also found Gann High Low formula at
http://www.meta-formula.com/Metastock-Indicators.html#Metastock-formula-...
Hope this helps
Regards,
Edward
Is there a way I can see the script for the "Gann HiLo Activator?"
Thanks a lot,
John
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