This indicator is a copy of the Gann Hi-Lo Activator SSL indicator which was rewritten in MQL5. The original indicator was single color, that is why for more visual definition of the trend direction it was necessary to make it color.
The 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:
- short term support and resistance line.
- signal for scalping in the breakthrough price of the indicator line.
- an additional filtering of signals for your trading system.
MT5 Indicator – Download Instructions
Gann Hi-Lo Activator SSL is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.
Gann Hi-Lo Activator SSL provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Gann Hi-Lo Activator SSL.mq5?
- Download Gann Hi-Lo Activator SSL.mq5
- Copy Gann Hi-Lo Activator SSL.mq5 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on Gann Hi-Lo Activator SSL.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator Gann Hi-Lo Activator SSL.mq5 is available on your Chart
How to remove Gann Hi-Lo Activator SSL.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Click here below to download MT5 Indicator: