Cowen, Papandreu, Berlusconi gone, who’s next? Momentum Indicator by J. Welles Wilder
Nov 11

The Gann HiLo Activator Indicator was described  by Robert Krausz in a 1998 issue of Stocks & Commodities Magazine. The Gann HiLo Activator is  a simple moving average (SMA) of the previous 3 periods’ highs or lows.  The indicator tracks both curves (of the highs and the lows).  The close of the bar defines which of the two gets plotted:

Gann HiLo Activator Indicator

The price action will either be above or below the plotted line (here in green).  The cross-over bars define entries or exits, which would have you end up swing-trading your market.

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