Once the previous dot is broken through, entry is immediately done, with stoploss being the last high or low, depending on the direction.
The value of the dot can only be shown after the bar is closed As you can see, it works very much like the Parabolic SAR: when the indicator changes from blue to red, it signals a top, and when red to blue it's a bottom. When the last blue dot is broken through (open above and close below), only red dots are shown, and vice versa. The red dots are the 3-bar mean of recent highs (including current one), and the blue dots are the mean of the lows of the current 3 bars. The High-Low Activator Click to Enlarge The first one is called the HiLo Activator, which are the red and blue dots on the charts. Gann Treasure Discovered: Simple Trading Plans for Stocks & Commodities. I saw two simple indicators in Robert Krausz's book, W.D.
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