Advanced Gann S/R Levels

This powerful Pine Script indicator brings the legendary forecasting methods of W.D. Gann directly onto your TradingView chart. It's designed to provide traders with a complete, automated framework for identifying high-probability intraday support and resistance levels.

By combining the principles of Gann Pivot Points with the harmonic relationships of the Gann Square of 9, this tool calculates and plots the most critical price levels for the current trading day, helping you anticipate market turning points with greater clarity.

Key Features
Dynamic Gann Pivots: Automatically calculates and displays the central Pivot Point along with three levels of support (S1, S2, S3) and resistance (R1, R2, R3) based on the previous day's data.

Gann Square of 9 Levels: Implements Gann's esoteric mathematical formula to find natural harmonic price levels, plotting the most significant static support and resistance zones for the day.

Fully Customizable Display: You have complete control over the indicator's appearance. From the settings menu, you can:

Toggle each set of levels on or off (e.g., show only the Pivot and S1/R1).

Change the line style (Solid, Dashed, Dotted).

Adjust the position of the price labels (Left or Right).

Set the line extension length.

On-Chart Information Table: A clean, non-intrusive table on the top-right of your chart displays the exact values of all key levels for quick reference.

Built-in Alerts: Set alerts for when the price crosses the main Pivot, R1, or S1 levels, so you never miss a potential trading opportunity.

Core Concepts Explained
Gann Pivot Point: Calculated as (High + Low + Close) / 3 from the previous day, this level represents the intraday "balance point." Trading above the pivot is generally considered bullish for the session, while trading below it is bearish.

Gann Square of 9: This is a more advanced Gann method based on the principle that prices move in a predictable way related to their square roots. This indicator calculates the most powerful "cardinal cross" levels, which often act as major reversal points.

How to Use This Indicator
Identify the Intraday Trend: Use the main Pivot Point as your guide. If the price is consistently holding above the pivot, look for buying opportunities. If it's holding below, look for shorting opportunities.

Look for Confluence: The most powerful signals occur when a Gann Pivot level lines up closely with a Square of 9 level. This "confluence" creates an extremely strong support or resistance zone.

Breakout Trading: When the price breaks decisively through a key level (e.g., R1), the next level above it (R2) becomes the logical price target.

Range Trading: In a sideways market, you can use the support and resistance levels as boundaries to trade between. Consider entering a long trade near a strong support level and taking profit near resistance.

Disclaimer: This indicator is for educational and informational purposes only. It does not constitute financial advice. Trading involves significant risk, and you should always conduct your own research and risk management before entering any trade.