Friday, March 25, 2016

Gann Analysis MT4 Indicator


Indicator Futures
  • Draw All WD Gann Angles Type (Daily, Calendar, Weekly and Monthly).
  • Draw different Gann Angles type over Any Time Frame; you can draw weekly WD GANN Angles over daily chart, Monthly WD GANN Angles over Daily Chart.
  • Draw WD GANN Percentage Levels on the chart.
  • No Chart Scale Require.
Indicator SettingsThe main indicator setting is Gann Analysis Mode setting where you will see two options to choose:
  • Angle – choose this option to draw Gann Angles on the chart.
  • Percentage – choose this option to draw Gann Percentage Level on the chart.
Angles Settings
  • Angle Points: the value of angle point movement.
  • Angle Time: the value of angles time movement.
  • Angle Type: there are four types of angles we can draw: Daily, Calendar, Weekly and Monthly Angles.
  • Angle Mode: there are Three modes for Angles:
  • SingleAngle: to draw one WD GANN Angle line.
  • MultiAngle: to draw 10 WD GANN Angles line starting from Angle point and time value.
  • Custom Angle: to draw One WD GANN Angle from a specific Price.
“This Option is useful to draw WD GANN Angles from ZERO, from important High Date to start the angle from an important Low Price to buy dips OR from Important Low Date to start the angle from important High Price to sell rallies
Examples: -
Single  Weekly Gann Angle from any Top or Bottom follow below Steps:
  1. In Gann Analysis Mode setting choose Angle.
  2. In Angle Point input 1.
  3. In Angle Time input 1.
  4. In Angle Type setting choose Weekly angle.
  5. In Angle Mode setting choose SingleAngle.
  6. Press OK to exit the indicator setting menu.
  7. Double-click on the Plotter in the top of the chart and move it to the top of the bar you wish to draw Falling Angle or to the bottom of the bar to draw Raising Angle.
  8. Release the Plotter once it is in the correct position.
EURUSD 1x256 weekly angle Example ​( Falling Angle)

​Multiple daily angles starting from 1x1 Angle:

Follow above steps for the single Angle, The only change will be in Angle Mode setting: choose the MultiAngle.
This will draw the below angles on the chart 1x1, 1x2, 1x3, 1x4, 1x6, 1x8, 1x12, 1x16, 1x24, 1x32.
Calendar Multi Angles Example​( Falling Angle) 

​Custom WD GANN Angle:

  1. Angle from ZERO.
  2. Angle from Important High Date starting with important Low Price.
  3. Angle from Important Low Date starting with important High Price.
Custom Daily Angle From Lowest Low Price​( Raising Angle)



Percentage Settings
  • Percentage Level: the value of the Percentage Level we need to draw on the chart.
  • Percentage Mode: there are four options to choose:
  • SinglePercent : to draw one Percentage Level.
  • MultiPercent : to draw 4 Percentage Levels on the chart (this will multiply the Percentage Level to 4 levels).
  • FullPercent : to draw full WD GANN Percentage Levels.
Examples: 
For Single WD GANN Percentage follow below steps:-

  1. To draw 3.125% WD GANN Percentage LevelIn Gann Analysis Mode setting choose Percentage.
  2. In Percentage Level enter the Percentage Value you wish to draw (3.125%).
  3. In Percentage Mode choose SinglePercent.
  4. Press OK to exit the indicator setting menu.
  5. Double-click on the Plotter in the top of the chart and move it to the top of the bar you wish to draw the falling Percentage level or to the bottom of the bar to draw raising Percentage level.
  6. Release the Plotter once it is in the correct position.
Example Falling 3.125% Example ( Falling Percentage)


For Multi WD GANN Percentages follow below Steps
  1. In Gann Analysis Mode setting choose Percentage.
  2. In Percentage Level enter the Percentage Value you wish to draw (3.125%).
  3. In Percentage Mode choose MultiPercent .
  4. Press OK to exit the indicator setting menu.
  5. Double-click on the Plotter in the top of the chart and move it to the top of the bar you wish to draw the falling Percentage levels or to the bottom of the bar to draw raising Percentage levels.
  6. Release the Plotter once it is in the correct position.
  7. You will get 4 Percentage Levels on the chart: 3.125%, 6.25%, 9.375%, and 12.5%.
Multi Percent of 3.125% ( Falling Percentage) 

 For Full WD GANN Percentages follow below steps:
  1.  In Gann Analysis Mode setting choose Percentage.
  2. In Percentage Mode choose FullPercent.
  3. Press OK to exit the indicator setting menu.
  4. Double-click on the Plotter in the top of the chart and move it to the top of the bar you wish to draw the falling Percentage levels or to the bottom of the bar to draw raising Percentage levels.
  5. Release the Plotter once it is in the correct position.
  6. You will get these percentages on the chart: 3.125%, 4.166%, 5, 6.25%, 7.1428571%, 8.33%, 10%, 12.5%, 14.28571%, 16.66%, 18.75%, 25%, 28.571%, 33.33%, 37.5%, 40%, 50%, 60%, 62.5%, 66.66%, 75%, and 100%.
Full Percentage ( Raising Percentages) 


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