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While “Ancient Gear Cannon’s” effect is active, you can still activate the effect of a Continuous Trap Card that was already face-up, such as “Type Zero Magic Crusher”. But you cannot activate (flip face-up) any more Trap Cards.
(1) You can Tribute this card to inflict 500 damage to your opponent, and then neither player can activate Trap Cards during the Battle Phase of this turn.
The restriction on Trap Cards is tied to “Ancient Gear Cannon” inflicting damage. If “Barrel Behind the Door” is chained to the effect of “Ancient Gear Cannon”, the rest of “Ancient Gear Cannon”’s effect is not applied and Trap Cards can still be activated.
The (1) Ignition Effect activates & resolves on the field.
If “Pikeru’s Circle of Enchantment” is chained to “Ancient Gear Cannon’s” effect to prevent the damage, the rest of “Ancient Gear Cannon”’s effect is not applied and Trap Cards can still be activated.
After this effect resolves, neither player can activate (flip face-up) Trap Cards.
The effect of “Ancient Gear Cannon” is an Ignition Effect and can be chained to.
Players can still activate the effects of face-up Trap Cards (such as Skull Lair).
Players can still activate the effects of Trap Cards in the GY (such as Skill Successor).
The parts of this effect (effect damage + applying a restriction to the game state) are simultaneous.
While the effect of "Ancient Gear Cannon" is active, you can still activate the effect of a Continuous Trap Card that was already face-up, such as "Type Zero Magic Crusher". But you cannot activate (flip face-up) any more Trap Cards.
The restriction on Trap Cards is tied to "Ancient Gear Cannon" inflicting damage. If "Barrel Behind the Door" is chained to the effect of "Ancient Gear Cannon", the rest of the effect of "Ancient Gear Cannon" is not applied and Trap Cards can still be activated.
If "Pikeru's Circle of Enchantment" is chained to the effect of "Ancient Gear Cannon" to prevent the damage, the rest of the effect of "Ancient Gear Cannon" is not applied and Trap Cards can still be activated.