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Simulated conditions may differ from real conditions, and traders should not necessarily expect the same results from live trading.
The Gann Swing Oscillator has been adapted from Robert Krausz's book, "A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps define market swings.
Interpretation
A market swing up is defined by 2 higher highs while a market swing low is defined by 2 lower lows. An up swing is indicated by a +1 value of the oscillator while a down swing is indicated by a -1 value.
The Gann Swing Oscillator is meant to be used in conjuction with the Gann HiLo Activator and Gann Trend Oscillator indicators to form a trading system methodology commonly referred to as the "New Gann Swing Chartist Plan". Within this methodology the Gann Swing Oscillator is used to help determine market direction for trading only with the current market trend.
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