Gann is the Man Indicators

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Here are a couple of interesting indicators from W.D. Gann (aren't they all?), as well as a link to his bio.

W.D Gann Methods , Time and Price & Trading Experts

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Gann also studied and applied astrology to trading. Therefore, also included is a couple of astro indicators that wasn't available for MT4 until recently.

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Gann_SQ9

We are still monitoring and not expert about Gann, but respect how this indicator projects support & resistance, even in advance. Based on Gann's belief with angles. We found settings, as follows pretty decent:

1-Hour and 4-Hour Chart and Daily Chart

Angle: change from default of 22.5 to 45.0
kol_lev: change from default of 8 to 32

5-Min Chart and 15-Min Chart

Angle: leave on default 22.5
kov_level: have at least 16. Increase in multiples of 8.

PAMA GannGrid_indv4.3

Make sure you drop the template one into your template folder.

Turn on GridMarix and GannGrid.

Indicator plots trend lines, then arrow appears at break, usually after candle closes. As with trend line philosophy, take breaks after longer trends.

Does not repaint as far as we can tell. Should use with trend indicator, and have exit strategy.

Attached Files ###Gann_SQ9.mq4 (13.0 KB) PAMA GannGrid_indv4.3.mq4 (21.1 KB) pama_gann_grid.tpl.mq4 (30.5 KB) AstroIndicator4.mq4 (6.4 KB) AstroIndicator_Retrograde.mq4 (3.0 KB)


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