The Gann Angles indicator calculates and displays the angular Gann support and resistance lines. Displays monthly, weekly, and daily lines.
There are Gann lines in the standard terminal, but their manual construction takes time and the angle of the line depends on the current timeframe. The Gann Angles indicator is devoid of all these disadvantages: it does not depend on the timeframe and automatically calculates and displays the Gann angle lines.
William Gunn is an American trader who developed a technical analysis tool known as Gunn angles and other analysis schemes (square 9, circle 24, graph 360). Gann’s market forecasting strategies were based on methods used in geometry, astronomy and astrology, as well as ancient mathematics. Gunn has written a number of books on stock trading. He made his first deals in 1902 at the age of 24.
Gann angles are a tool for predicting support and resistance levels.
- Show monthly levels – show / hide monthly levels;
- Show weekly levels – show / hide weekly levels;
- Show daily levels – show / hide the levels of the day;
- Allow showing the message – allow displaying notifications
- Enable sound notification-enable sound notification.
- The name of the sound file – the name of the sound file. Only audio files in WAV format are played. If the field is empty, the standard indicator sound is played. The file must be located:
- in the catalog_terminalsounds directory or its subdirectory.
- in the Sql4files terminal_data directory or its subdirectory.
- Offset point for Alerts, pips – how many points before the level to issue a notification.
- Offset point for clearing Alerts, pips – after how many points to” reset ” the notification.
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- in the catalog_terminalsounds directory or its subdirectory.
- in the Sql4files terminal_data directory or its subdirectory.
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