MT4 indicator (Gann_HiLo_Activator_v2.ex4)



Forex MT4 indicator gann hi loDownload indicator: Gann_HiLo_Activator_v2.ex4

Gann HiLo Activator indicator Forex

How to trade with Gann_HiLo_Activator indicator


The indicator consists of a single line which either flows above price (above candles) or below.
Depending on the position on the indicator line traders determine whether it is time to Sell or Buy.

Gann_HiLo_Activator signals should be read as follows:

- Indicator line is below the price => uptrend, time to buy, no selling.
- Indicator line is above the price => downtrend, time to sell, no buying.
- Whenever indicator line changes its position to the opposite => time to close existing trades and initiate trades in the opposite direction.

Note: Indicator signals are confirmed only when price candles are closed. E.g. on hourly charts, during the course of 1 hour Gann_HiLo_Activator line can change it position flipping above, below and back multiple times. Therefore, until an hourly candle closes, no actions should be taken.

Gann_HiLo_Activator indicator helps to identify and follow trends across all time frames. It can help to stay longer in a trade and not panic. At the same time it is very quick to react to trend changes.

Yet, like any trend indicator, it is prone to sideways market drifts. And although unlike other indicators it'll give fewer false signals, it would be extremely difficult to profit with it during ranging markets.




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Comments


This is a superb indicator.

By the way you have an error within the explanatory text:

This phrase - 'it'll give less false signals' - should read - 'it'll give fewer false signals'.

Great site by the way - thanks a lot!!

 

Thank you!

 

above download link is not working

 
 

You need to be sure about the trends using this indicator or it can give you false trades, I spent $3000 training using this indicator + extra trend lines??

 

its not working coz error

 

hello sir it dosen't work
i applied on every tf but nothing do ?
plz help me

 

Ive checked and it works.
Just try the steps a few times. Sometimes there are problems with the platform...
As the last resort download a platform from another broker.
Also make sure you're copying the indicators to /Experts/Indicators folder.

 

give me Gann_HiLo_Activator signals input seetings

 

Gann_HiLo_Activator settings:
Lookback = 10.

 

HI, GOOD work you have here, how are these indicators downloaded here pls,

 
 

mt4 needs mq4 files . this is in ex4 , it is not working..

 

MT4 workd with both files: mq4 and ex4.
Try restarting your platform, the indicator should work.

(ex4 is a native MT4 file created out of mq4 by the MT4 platform, when it first "sees" the mq4 file).

 

No arrows just a blue line. Restarted MT still nothing

 

The indicator can't draw arrows. I did, to show how to trade.

 

Hello sir,Can you please update this indicator in .mq4 format?

 

I don;t have this one in .mq4, sorry..

 

Hello,not new one sir.Here it is in .ex4 format.But i want .mq4 fromat

 

Hello sir,I have one doubt.This indicator will do auto trade?(means,automatically place or close orders)or I should do manually?

 

This indicator doesn't place orders, you'll need to open/close trades manually.

Here is the .mq4 version I was able to find: Gann_Hi-Lo_Activator_SSL.mq4

 

ok.thanks

 

hi,

what settings to use for 5min time frame? And what other indicators best used with this indicator? Thanks

 

Does it work better in 1 hour timeframe?

 

Hi, congratulations for the extremely good work. Any ideas how to pyramid by using this indicator, I have an EA which is pretty straightforward in buys-sells and I am trying to make it better.