Using the Gann Hi-Lo Activator SSL as a Trend and Breakout Filter

Summary

The document describes a color-coded version of the Gann Hi-Lo Activator SSL, a trend indicator adapted from an earlier single-color version. It suggests using the indicator line as short-term support or resistance, watching for price to break through that line as a scalping signal, or using its direction to filter signals from another trading system.

Signals should be evaluated only after a bar closes because the indicator’s value can change while the bar is still forming. Like other trend-following indicators, it can produce false signals when prices move sideways. The document offers possible uses and an execution caveat, but gives no calculation details, market examples, or performance testing, so it does not establish that any of these uses are profitable.

Key ideas

• The color-coded indicator is intended to make trend direction easier to see.
• Its line may serve as short-term support or resistance.
• A price break through the line is presented as a possible scalping signal or system filter.
• Signals should be assessed on closed bars because readings can change before the bar closes.
• Sideways markets can produce false signals, and no performance evidence is supplied.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.