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The Gann Trend Oscillator has been adapted from Robert Krausz's book, "A W.D. Gann Treasure Discovered". The Gann Trend Oscillator helps define overall market trend direction.
Interpretation
An up-trending market is defined by a +1 value of the oscillator while a down-trending market is indicated by a -1 value.
The Gann Trend Oscillator is meant to be used in conjuction with the Gann HiLo Activator and Gann Swing Oscillator indicators to form a trading system methodology commonly referred to as the "New Gann Swing Chartist Plan". Within this methodology the Gann Trend Oscillator is used to determine the overall trend direction of the market.
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