GANN Angles Levels

18 ore fa

GANN Angles Levels - Mathematical Support & Resistance (45°, 90°, 180°, 360°)

GANN-based mathematical support/resistance levels using square root calculations and geometric angles. Provides 4 key GANN levels with customizable multipliers.


🎯 GANN ANGLES LEVELS (GAL)

This indicator calculates support and resistance levels using W.D. GANN's mathematical principles based on square roots and geometric angles.

✨ KEY FEATURES:
- 📐 4 GANN Geometric Angles: 45°, 90°, 180°, 360°
- 🔢 Manual Price Input for Base Level
- 📈 Bullish/Bearish Direction Selection
- ⚙️ Customizable Multipliers (0.5, 1, 1.5, 2, None)
- 📊 Optional Information Table
- 🎨 Color-coded Levels (Blue for input, Green/Red for calculated levels)

💡 HOW TO USE:
1. 🎯 **CRITICAL: Select a REAL high or low point** (significant peak or trough)
2. Set this high/low price manually as your base price
3. Choose direction:
• **Bullish** for support levels (from a major LOW)
• **Bearish** for resistance levels (from a major HIGH)
4. **Select multiplier based on timeframe:**
• 📈 **Higher timeframes (Daily, Weekly, Monthly):** Use larger multipliers (1.5, 2)
• ⚡ **Lower timeframes (1H, 4H, 15M, 5M):** Use smaller multipliers (0.5, 1) or None
• 🎯 **Scalping/Intraday:** Often use "None" for tighter levels
5. GANN levels will be calculated progressively using the time-tested formula

⚠️ **IMPORTANT NOTE:**
The accuracy of GANN levels depends heavily on selecting genuine market highs and lows. Use significant pivot points, not random price levels.

🎯 PERFECT FOR:
- GANN Analysis & Trading
- Mathematical Support/Resistance
- Price Target Setting
- Geometric Price Analysis
- Classical Technical Analysis

Based on W.D. GANN's time-tested mathematical principles for market analysis.

🔒 PROTECTED SCRIPT
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All rights reserved.

6 ore fa

Note di rilascio

✨ MAJOR UPDATE - Complete Overhaul ✨

🔄 FUNDAMENTAL CHANGES:
- Complete mathematical formula redesign using pure GANN methodology
- Removed complex multiplier systems - now uses fixed angle coefficients
- Streamlined from variable calculations to 10 precise GANN angles

📐 NEW ANGLE SYSTEM:
- 22.5° (0.125) | 45° (0.25) | 67.5° (0.375) | 90° (0.5) | 135° (0.75)
- 180° (1.0) | 225° (1.25) | 270° (1.5) | 315° (1.75) | 360° (2.0)
- Removed 12.5° angle for cleaner analysis

🎨 ENHANCED VISUAL SYSTEM:
- 🔴 RED: Bullish direction (resistance levels above price)
- 🟢 GREEN: Bearish direction (support levels below price)
- 🟠 ORANGE: Special golden angles (67.5°, 135°, 270°) - direction independent
- Thick lines for major angles (45°, 90°, 180°, 360°)
- Extended lines across entire chart history and future

⚙️ IMPROVED CONTROLS:
- "All" - Display all 10 angles
- "Major Only" - Show 4 primary angles only
- "Custom" - Individual toggle for each angle
- Repositioned labels 50 bars to the right for clarity

🧮 SIMPLIFIED FORMULA:
New: Level = (√Input_Price ± Fixed_Coefficient)²
Old: Complex progressive calculations with variable multipliers

🎯 PERFECT FOR:
- Classical GANN analysis
- Support/Resistance identification
- Price target setting from significant highs/lows
- Multi-timeframe analysis

⚠️ IMPORTANT: Always select genuine market highs/lows as input price for optimal accuracy.

Based on W.D. GANN's original square root mathematical principles.

6 ore fa

Note di rilascio

💡 Usage Tips:
1. Select major swing highs for resistance analysis (Bullish)
2. Select major swing lows for support analysis (Bearish)
3. Use "Major Only" for clean primary levels
4. Golden angles (Orange) often act as pivot points
5. Works best on higher timeframes (4H+)