[astropark] I Love Gann

9 בפבר׳ 2020

Dear Followers,

yet another great tool! Gann was historically a great trader, who strictly followed his theory and died so rich!

Gann Fan is a great indicator: it draws a series of trendlines from important highs and lows in the chart and, as you will see from the chart itself, price action feels those trendlines, which acts as support and resistance!
Once a trendline is broken up, price tends to go upper to the next one, while the contrary happens when a trendline is broken down.

Here an example on BTCUSD:


Here an example on EURUSD:


This indicator

• draws for you the Gann Fan, you don't need to do anything!
  
• works on both cryptocurrencies, stocks and forex charts
  
• works on every timeframe, but I suggest you to use it on high timeframes, where it's more reliable
  
• lets you select the starting and the ending day-time from which and to which you want to see gann fans
  
• lets you make trendlines be drawn dashed if you like, as well as you can edit their width
  

28 במרץ 2020

הערות שחרור

Indicator enhanced!
Now you can optionally

• draw only last Gann Fan for each side
  
• draw only from bottom or top