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The Gann Hi-Low Activator SSL, which was converted to MQL5, served as the basis for the Gann High Low Activator SSL Alert mt5 forex indicator. Another adjustment is that the original indicator was monochromatic, necessitating the addition of color to provide a clearer description of the trend direction.
Only after closed bars must the indicator’s signal be taken into consideration. When a candlestick is not finished, its results can be altered.
Like other mt5 trend indicators, it has a tendency to produce erroneous indications during flat markets.
The Gann High Low Activator SSL Alert indicator has various benefits, including the following applications:
- dynamic support and resistance lines for the short term;
- signal for scalping at the indicator line’s breakout price;
- supplementary signal filtering for your trading system.
The primary MT5 trading chart is where the MT5 indicator is shown.
All timeframes and currency pairs are compatible with it.
Direct changes to the mt5 indicator settings can be made from the input tab. To suit your preferences, feel free to play around with the settings and parameters.
Trading Rules Explanation
Signals provided by the Gann High Low Activator SSL Alert mt5 forex Indicator are intuitive and will not cause difficulties. Follow the suggestions below.
Buy Entry: Open long trade when the Gann High Low Activator SSL Alert mt5 forex indicator signal line turns blue. Place your stop loss a few pips below the last swing low.
Sell Entry: Open short trade when the Gann High Low Activator SSL Alert mt5 indicator line turns red. Place your stop loss a few pips below the last swing high.
Exit Trade / Take Profit: Close your open position when the opposite signal occurs, or use your preferred method of trade exit.
As usual, use wise money management to get the best outcomes. You need to master discipline, emotions, and psychology to be a successful trader. Knowing when to trade and when not to is essential. Trading should be avoided at times and under unfavorable market conditions, such as low volume or volatility, outside of the main sessions, with exotic currency pairs, wider spreads, etc.
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Example of USD/JPY M15 Chart
The screenshot below shows an example of the Gann High Low Activator SSL Alert mt5 Indicator.
Installation Guide
Copy and paste the gann-high-low-activator-ssl-alert.mq5 or gann-high-low-activator-ssl-alert—ex5 indicator files into the MQL5 folder of the MetaTrader 5 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL5 > Indicators (paste here).
Now go to the left side of your MT5 terminal. In the Navigator, find the gauge name, right-click it, and select Attach to the chart.
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 | No Minimum Deposit ECN Acount No Commission | |
 | Min Deposit of 20$ |
It is worthwhile to add the Gann High Low Activator SSL Alert to your collection of forex indicators for MT5, but keep in mind that you should have reasonable expectations. Like any other technical analysis tool, it is not always able to produce reliable signals. As a result, this forex indicator occasionally generates erroneous signals. The state of the market will have a huge impact on how it performs. Feel free to use it as the foundation for your trading strategy.
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