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Borax Slime Activator Formula
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. For, example, let’s take our existing 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 we talked about last time.
Water Transfer Activator Formula
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.
If I understand the Metaquotes code correctly, the indicator displays simple moving average for the last N (i.e. Including the current) periods of either High or Low values. In case current close value is greater than average high of previous N periods, the indicator shows average low value. In case the current close is less than average low of the previous N periods, the indicator shows average high value.
In case the close is neither greater previous than average high nor less than previous average low, the indicator chooses High or Low to show as it was for the previous period. The indicator which works in that logic is attached. Could you please check whether it's the indicator you need. Download (Corrected to 10 periods as per user's suggestion).
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