Gann Price Levels

Calculation of future targets: Gann Price Level allows traders to determine potential price levels that may be reached in the future. It is based on the concept of geometric levels and numerical relationships, making it an effective tool for forecasting future price movements. Its algorithm incorporates geometry, mathematics, and Gann's angular relationships.
Three-point approach: One of the main advantages of Gann Price Level is its ability to work with only three anchor points. Traders need to specify three (ABC) points forming a triangle, and the indicator automatically calculates the target price levels. This simplifies the analysis process and makes it more intuitive.
Entry signals: In addition to forecasting target levels, Gann Price Level provides clear entry signals in the form of arrows. This helps traders identify optimal moments to enter positions, improving the accuracy of their trades.
Timeframes: Gann Price Level can be applied to various time intervals, including both short-term and long-term charts. This allows traders to adapt the indicator to their trading strategies and trade across different markets.
Versatility: Gann Price Level can be used to analyze various financial instruments, including stocks, forex, commodities, cryptocurrencies, and more. This makes it a versatile tool for traders operating in different market segments.
Another key feature of this indicator is the additional level calculation algorithm, which, when working with a trend, forms an optimal gray zone for forming point C, while when calculating retracement levels, it adds an additional magnetic target in the form of a gray zone.
Additionally, traders can combine this indicator with other indicators or chart patterns to obtain more accurate signals and confirmations. Moreover, Gann Price Level works effectively in both upward and downward trends, making it a flexible tool for traders of different trading styles. It can be used to determine potential support and resistance levels, as well as entry and exit points for positions.
Working with this indicator is straightforward. The user needs to select three (ABC) points forming a triangle, and the indicator will automatically calculate the future price targets. An entry arrow will also appear, enabling the user to enter the trade in a timely manner. The stop loss is placed slightly below point C (at the spread distance) for buy trades and above point C (at the spread distance) for sell trades. The first target is represented by a dashed line. Once this target is reached, a portion of the position (usually 50%) is closed, and the stop loss is moved to breakeven. The remaining part of the position is held until subsequent price levels based on personal preferences.
Construction rules:
When calculating targets in an upward trend, point A is below points BC, and point C is always between points AB.
When calculating targets in a downward trend, point A is above points BC, and point C is always between points AB.
When calculating retracement targets in an upward trend, point B is above points AC, point A is always between points BC, and point C is below AB.
When calculating retracement targets in a downward trend, point B is below points AC, point A is always between points BC, and point C is above AB.
This indicator relies entirely on the manual construction of the ABC points by the user.
Script sob convite
Somente usuários autorizados pelos autores tem acesso a esses scripts, e isso normalmente requer pagamento. Você pode adicionar o script aos seus favoritos, mas você será capaz somente para usar ele depois de solicitar permissão e permiti-lo do seu autor — saiba mais aqui. Para mais detalhes, siga as instruções dos autores abaixo ou contate ganntradings diretamente.
O TradingView NÃO recomenda pagar ou usar um script ao não ser que você confie totalmente no seu autor e compreende como isso funciona. Você pode também encontrar alternativas gratuitas e de código aberto em nossa comunidade de scripts.
Instruções do autor
Aviso: leia nosso guia para scritps somente sob convite antes de solicitar acesso.
дайте ей возможность самой проявить себя и подтвердить
W.D.Gann
Aviso legal
Script sob convite
Somente usuários autorizados pelos autores tem acesso a esses scripts, e isso normalmente requer pagamento. Você pode adicionar o script aos seus favoritos, mas você será capaz somente para usar ele depois de solicitar permissão e permiti-lo do seu autor — saiba mais aqui. Para mais detalhes, siga as instruções dos autores abaixo ou contate ganntradings diretamente.
O TradingView NÃO recomenda pagar ou usar um script ao não ser que você confie totalmente no seu autor e compreende como isso funciona. Você pode também encontrar alternativas gratuitas e de código aberto em nossa comunidade de scripts.
Instruções do autor
Aviso: leia nosso guia para scritps somente sob convite antes de solicitar acesso.
дайте ей возможность самой проявить себя и подтвердить
W.D.Gann