Magic Bars Gann Hi-Lo Activator SSL Trading System – The “Gann Hi-Lo Activator SSL” signal of the indicator must be considered only in closed bars, as for a time when the bar is not closed, its results can be changed. As many trend indicators, it is inclined to trigger false signals in the flat market. However, it can be useful as:
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
- Short term support and resistance line
- A signal for scalping in the breakthrough price of the indicator line
- An additional filtering of signals for your trading system
It is a good indicator for scalping and swing trading …JUST WATCH IT
- Time Frame: M5 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- Gann Hi-Lo Activator SSL
- MagicBars
- Commodity Channel Index
How to install “GANN Hi-Lo Activator System“
- Download “TraderVersity.Com-GannHiLoActivatorSSL” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-GannHiLoActivatorSSL.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Meta Trader Client.
- Select Chart and Time frame where you want to test your Forex system.
- Right-click on your trading chart and hover on “Template”.
- Move right to select “TraderVersity.Com-GannHiLoActivatorSSL” trading system and strategy
- You will see “GANN Hi-Lo Activator System” is available on your Chart
BUY Rules
- Gann Hi-Lo Activator SSL: The price closed above the indicator
- MagicBars: Blue color
- Commodity Channel Index line: above the level 50
SELL Rules
- Gann Hi-Lo Activator SSL: The price closed below the indicator
- MagicBars: Red color
- Commodity Channel Index line: below the level -50
Trading NOTES
- Put the initial stop loss above or below the “Gann Hi-Lo Activator SSL” line
- Exit when the Gann Hilo Activator reverse
- Best Risk reward Ratio 1:2 or 1:3