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The Robert Krausz article in TASC(Feb'98) on Gann Swing Trading included
the use of an indicator - the HiLo Activator - which is used as a
buy-stop or sell-stop signal. On p.55 he explains "....it is a 3 period
simple moving average of the highs or lows...for end-of-day we add the
last three periods highs (lows) and divide the sum by three. This must
include the latest bar. The result is then plotted one period forward as
a horizontal line, so that you have a horizontal price point to act with
tomorrow."
I've had a go at plotting this value a day in advance and as a
horizontal line but with no luck...any advice?
thanks
Ian Burgoyne
Melbourne
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