Gann Bars Forex System

A trend following system based on the cross-over of 2 exponentional moving averages with MACD and the Gann indicator.

This system enables traders to execute multiple trades in the direction of an established market trend.

Chart Setup

Indicators: Gann HiLo activator bars, 200EMA, 10EMA, MACD (13,26,9)
Preferred time frame(s): M30, H1, H4, Daily, Weekly
Trading sessions: Any
Preferred Currency pairs: Any

Download

Download the Gann Bars Forex System.

Example: GBP/USD Daily Chart Gann System

gann-forex-system-with-ma

As shown in the picture above, we had 1 losing signal in the down trend (lower highs) and 7 winning signals along the up trend (higher lows).

Trading Rules

Buy Rules:

  • EMA 10 crosses EMA 200 from below (bullish trend)
  • MACD above 0.00 level
  • Gann HiLo activator bars turns blue

Go long. Set SL 2 pips below the low of the most recent red Gann HiLo candle.
Target: Risk to reward 1:2 (i.e risking 50 pips to make 100) or close the trade at the first red Gann bar.

Sell Rules:

  • EMA 10 crosses EMA 200 from above (bearish trend)
  • MACD below 0.00 level
  • Gann HiLo activator bars turns red

Sell now. Set SL 2 pips above the high of the most recent blue Gann HiLo candle.
Target: Risk to reward 1:2 (i.e risking 60 pips to make 120) or close the trade at the first blue Gann bar.

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