Gann is the Man Indicators
  #1 (permalink)  
Old 11-27-2010, 07:17 PM
Forex God
 
Join Date: Jun 2008
Posts: 3,535
fxbaja is on a distinguished road
Default Gann is the Man Indicators

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

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

***

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. Changing the settings below doesn't mean the default is bad. It just makes for easier viewing. If you want the extra S&R level, leave it on default.

1-Hour and 4-Hour Chart

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

Daily Chart

Angle: change from default 22.5 to 90
Kol_lev: change from default 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.

Attached is a 4-Hour chart with the Gann_SQ9 indicator. We anticipated support at the 360-degree level price of 1.3319 on EUR/USD - in advance.

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 Images
File Type: jpg Gann_SQ9.JPG (138.5 KB, 4512 views)
Attached Files
File Type: mq4 ###Gann_SQ9.mq4 (13.0 KB, 2929 views)
File Type: mq4 PAMA GannGrid_indv4.3.mq4 (21.1 KB, 2500 views)
File Type: mq4 pama_gann_grid.tpl.mq4 (30.5 KB, 2439 views)
File Type: mq4 AstroIndicator4.mq4 (6.4 KB, 2466 views)
File Type: mq4 AstroIndicator_Retrograde.mq4 (3.0 KB, 2364 views)
Advertisement
bossxero, vladv, dashlat and 5 others like this.

Last edited by fxbaja; 11-27-2010 at 07:56 PM. Reason: add Gann_SQ9 chart
Reply With Quote
  #2 (permalink)  
Old 11-30-2010, 07:09 AM
bossxero's Avatar
Honorary Moderator
 
Join Date: Nov 2006
Location: Neverland
Posts: 851
bossxero has a spectacular aura aboutbossxero has a spectacular aura aboutbossxero has a spectacular aura about
Send a message via ICQ to bossxero Send a message via MSN to bossxero Send a message via Yahoo to bossxero Send a message via Skype™ to bossxero
Default

Thank you for this wonderful post fxbaja... I am always curious regarding Gann and his trading systems but however, I never manage to understand most of them.. do you have much experience with the Gann trading methods?
fxbaja likes this.
Reply With Quote
  #3 (permalink)  
Old 11-30-2010, 07:54 PM
Forex God
 
Join Date: Jun 2008
Posts: 3,535
fxbaja is on a distinguished road
Default

Greetings bossxero,

I am not a Gann expert at all, but always wanted the application of his theories simplified. That has always been the chief barrier to using Gann, not being able to fully understand his many techniques and theories.

I've been waiting a long time for technology to catch up. Therefore, it is quite exciting for me to see some early stage indicators, such as the 2 attached here, created for MT4.

I had "kicked the tires" on Gann with another software program during 2004, but saw that we needed to basically get a 4-year degree on the subject just to have a fighting chance.

One of his key points is to have a properly scaled chart, in order to measure the angles, such as the 45-degree (1X1).

The breadth of his studies, theories, and application, left most overwhelmed. Adding mystery to the entire situation made it difficult to replicate over the years since his era.

All I can do is monitor a handful of Gann indicators that come out to measure its effectiveness viz-a-viz my trading style. I guess one can classify my style as being heavily weighted toward support and resistance.

Therefore, breakout and S&R indicators/tools are of high interest. Applying leading indicators/tools is obviously the goal. This is the crux of Gann, to be able to predict future price action.

One of Gann's techniques/theories was based on starting with an all-time low price. The subsequent major highs are multiples of low. He also recognized significant lows with this analysis.

I recently played with that idea on EUR/USD. Attached is the pair on a daily chart. I plotted a trend line from the significant low of June 7th.

The yellow numbers are perfect squared numbers I used to plot number of days from Low. We can see that on the 81st day (Sept 10th), pair registered a significant low pivot that corresponds with the trend line.

The red and pink numbers above the yellow 100 are squared numbers denoting distance in time (number of days) from other significant high points. No significant turning point occurred at this cluster.

The other yellow squared numbers did a O.K. job of identifying turning points. Gann always had a window of 2-3 days for his predictions. I'm sure there are others that can do better than this very quick analysis.

The vertical yellow line with 169 (square of 13) represents the next squared number after 144. The 169th day is Dec 18th. This is an example of the kind of projections Gann made. Relationship with price and time.

I'll post more freebie stuff on Gann, including interesting articles that may simplify things for all of us.
Attached Images
File Type: jpg EUR-USD SQ of May Low.JPG (89.9 KB, 2317 views)
Advertisement

Last edited by fxbaja; 11-30-2010 at 08:33 PM.
Reply With Quote
  #4 (permalink)  
Old 11-30-2010, 09:06 PM
Forex God
 
Join Date: Jun 2008
Posts: 3,535
fxbaja is on a distinguished road
Default

The last example did not use Gann's Square of Nine, except noting the 81st day after low was indeed a significant pivot.

Here is a Square of Nine free calculator at this site, which I do not have any connection with, nor do I endorse whatever it is selling:


http://www.xmlworks.com/gann/javascript/

The calculator has 3 inputs:

Start Number - I used 13000, eliminating the decimal on EUR/USD price.

Start Date - I used 11/30/2010

Levels - I used 10.

Out spits a Gann Wheel with squared numbers AND dates highlighted in yellow. Play with the decimal point.
cont_instal likes this.
Reply With Quote
Gann Activator HiLo SSL and HiLo Bars
  #5 (permalink)  
Old 12-01-2010, 09:47 PM
Forex God
 
Join Date: Jun 2008
Posts: 3,535
fxbaja is on a distinguished road
Default Gann Activator HiLo SSL and HiLo Bars

Might as well post 2 Gann indicators that aren't new but can be useful for those trading this style:

1) Gann HiLo Activator SSL - attached here as couldn’t locate one posted before.

This plots a line for buy and sell.

2) Gann HiLo Activator Bars - attached

This acts like candlesticks.


You can increase the thickness of the bars for better viewing. Acts like the HAS candles in that it can take away the smaller fluctuations. Provides entry signal when color changes, and when candle crosses line.

One way to use it is to marry it with a breakout, such as breakout of Asian high or low. Stay in trade as long as bars are the same color. Exit after first opposite color bar closes, or per fib extension targets.

Or enter at change of color or cross of line, near tops or bottoms according to other indicators or tools.

Good for trend markets/periods. Try on 15-minute chart.
Attached Files
File Type: mq4 Gann Hi-lo Activator SSL.mq4 (2.0 KB, 1334 views)
File Type: mq4 Gann HiLo activator bars.mq4 (1.9 KB, 1300 views)
Advertisement
sstarc1 likes this.

Last edited by fxbaja; 12-01-2010 at 10:02 PM.
Reply With Quote
  #6 (permalink)  
Old 12-02-2010, 12:46 AM
Forex God
 
Join Date: Jun 2008
Posts: 3,535
fxbaja is on a distinguished road
Default

Attached is a pdf on how to use the Gann Square of Nine Wheel, manually.

I will post a Gann time indicator as soon as I understand it.
Attached Files
File Type: pdf (1931) Usage of Gann SQ9 & Hexagon Chart.pdf (552.2 KB, 2384 views)
Advertisement
Reply With Quote
Gann_Box_144
  #7 (permalink)  
Old 12-02-2010, 05:59 AM
Forex God
 
Join Date: Jun 2008
Posts: 3,535
fxbaja is on a distinguished road
Default Gann_Box_144

Here is the indicator Gann_Box_144

Support & Resistance. I'll post any instructions I can find.
Attached Files
File Type: mq4 Gann_Box_144.mq4 (45.5 KB, 1790 views)
Advertisement
Reply With Quote
SQ9 (Price) 22.5 Factor 56 & SQ9 (Time)
  #8 (permalink)  
Old 12-02-2010, 07:16 PM
Forex God
 
Join Date: Jun 2008
Posts: 3,535
fxbaja is on a distinguished road
Default SQ9 (Price) 22.5 Factor 56 & SQ9 (Time)

Here are 2 more Gann indicators.

1) SQ9 (Price) It plots the angles of 22.5 and 45-degree only. The difference with this one is that the horizontal lines stay on the chart, and we can also see past price interaction.

The newer indicator posted earlier, Gann_SQ9 is dynamic in that it adjusts as time advances, using the zig-zag to identify swings.

Must input a low or high price, and whether you want up or down projections.

2) SQ9 (Time) Plots vertical lines denoting possible turning points in the future. Must input start date/time and price.

As an experiment, we input on the daily EUR/USD chart, picking a low pivot:

Time = 2010.08.24 00:00

Price = 1.2587

SquareDays = true


All other Square periods must be false.
Projection means how many line you want going forward.

The result are sets of vertical lines, dotted and solid lines. I haven't figured out the difference yet.

I've worked with a few indicators that plot vertical lines into the future, including fib time projection, and astro tools. The consistency just wasn't there, at least for Forex.

So, we'll spend some time analyzing and researching the effectiveness of the Gann SQ9 Time.SQ9 (Price) Indicator.JPG
Attached Images
File Type: jpg SQ9 (Time) Indicator.JPG (130.5 KB, 1809 views)
Advertisement

Last edited by fxbaja; 12-02-2010 at 07:18 PM.
Reply With Quote
Gann_Box_144
  #9 (permalink)  
Old 12-03-2010, 11:09 AM
Forex God
 
Join Date: Jun 2008
Posts: 3,535
fxbaja is on a distinguished road
Default Gann_Box_144

Double click the small blue arrow to instruct the indicator of the starting point for the box.

For EUR/USD, move the small blue arrow to Dec 1st 04:00 candle on the 15-min chart.

A Gann fan is part of box, and starts on lower left hand corner. The center red fan line is the 45-degree line, which Gann considered the most important, also known as the 1X1 line.

If price breaks this fan line, it denotes a change of trend and will reach the next fan line.

The other lines are for support and resistance, and are fractions such as 1/3, etc.
MooreCrest likes this.
Reply With Quote
SQ9 (Time) and SQ9 (Price) 22.5 Factor 56
  #10 (permalink)  
Old 12-03-2010, 06:46 PM
Forex God
 
Join Date: Jun 2008
Posts: 3,535
fxbaja is on a distinguished road
Default SQ9 (Time) and SQ9 (Price) 22.5 Factor 56

Attached are indicators.
Attached Files
File Type: mq4 SQ9 (Time).mq4 (39.5 KB, 1515 views)
File Type: mq4 SQ9 (Price) 22.5 Factor 56.mq4 (3.8 KB, 1522 views)
Advertisement
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Price and time fib/gann calculator kevinator Tools / Utilities 9 09-03-2013 09:38 PM
Best Systems GANN HiLo Activator MT4 ariesto Trading Systems 24 12-08-2012 07:52 AM
Technical Indicators vs. Standard Indicators shaldar MetaTrader and ZeroCode 1 06-29-2008 11:47 PM


All times are GMT. The time now is 12:22 PM.

Registered members gain free access to online FOREX currency trading tools, foreign exchange software, Metatrader MT4/MT5 expert advisors, MT4 indicators and EAs. Register now