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Auto Gannbox by BULL┃NET

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The B | N GABO (Auto Gannbox by BULL | NET)

indicator helps traders to draw a Gann Box with Angles and Arches automatically. Unlike the many other Gann indictors available at TradingView B | N GABO takes an objective approach to calculate the Price/Time ratio which is the most important part of drawing a Gann Box.

 ⚠️ DISCLAIMER – READ BEFORE YOU USE ⚠️


█ CONCEPTS

William Delbert Gann used geometric constructions to divide time and price into proportionate parts to predict price development and areas of resistance and support. If you are new to Gann theories you should read about it on the internet.
W.D. Gann never revealed all details about his theory. One of those secrets it how he determined the essential 45° degree line which denotes the 1:1 ratio between price and time. Many people believe the 45° is due to the use of graph paper on which stock prices were drawn in the past. In my opinion, this theory fails precisely because of the price. Even back in time different stocks and commodities had different prices. So what should have been specified on the Y-axis?
Others believe there was no rule of construction at all and that Gann simply drew lines between pivot points. Gann was obsessed by Geometry. It makes no sense to think he had no plan. And if this would be true the Angles would be the result of how the graph paper has been manufactured.

Long story short, we don’t know exactly how he did it, and even studying his drawings leaves us guessing. I’m deeply interested in the objective assessment of facts. If something can’t be reproduced consistently, then it was just luck or coincidence. That’s why I’ve developed my own approach, combining objectivity, geometry, and time into a system that allows us to automatically determine a 45° line on the chart for any asset in any timeframe (see limitations section).
Think about the lifecycle of a tree: it’s planted, grows, may be struck by lightning, decays, and eventually vanishes. Apply this concept to the price of an asset. It starts at a low, rises to a peak, and then decreases to the next low. If we measure the time between the first low and the high, we get a ratio between duration and growth. By applying this ratio to a line starting at the high and moving in the opposite direction, we can determine whether the price is falling faster or slower than it took to rise.
By constructing a Gann Box around this line, with the 45° line as the anchor and adding other angles and arcs, we can get a better sense of how the price might develop over time. This interpretation draws inspiration from the principles of geometry and time-based analysis, and reflects my own unique take on market behavior.

The B | N GABO indicator uses meaningful pivot points on the chart to determine cycles. This is an objective approach that takes momentum into account. Similar to a tree, there are times of slower growth or accelerated decay. The pivot levels are based on the time frame. For example, when looking at a weekly chart, a cycle lasting at least 3 months would be considered meaningful. Therefore, the indicator uses Level 10 pivot points (a high with 10 lower highs or a low with 10 higher lows on each side) on a weekly chart. Instead of doing this automatically, you can set the pivot level manually. (See limitations section)

█ FEATURES

As with all my indicators B | N GABO his highly customizable.

PIVOPOINT OPTIONS

The most important setting is how pivot points get calculated. By default the pivot level is selected automatically according to the timeframe of the chart.
Level 12 for 1 Hour Timeframe (minimum cycle of 25 hours or round about 3 trading days at the NYSE)
Level 15 for 4 Hours Timeframe (minimum cycle of 64 hours or round about 10 trading days at the NYSE)
Level 10 for any other Timeframe below 1 Day
Level 21 for Daily Timeframe (minimum cycle of 43 Trading days or round about 9 weeks)
Level 10 for any other Timeframe below Weekly
Level 6 for Weekly Timeframe and above

● Pivot Selection
You can switch to manual selection if you want or need to use other pivot level settings.

● Manual Length
The number you enter determines the amount of higher/lower bars needed to form a pivot point form a Low or High. Keep the limitations in mind (see limitations section)

● Display Pivotpoints
By default each calculated pivot point is marked on the chart as GH (Gann High) or GL (Gann Low). You can disable the display if you prefer a clean chart.

● Label
● Active
● Removed
● Size
If you display pivot points you can set the background color of the pivot label, the text color for active and removed pivot points and the size.

A removed pivot point shows pivot points that haven been superseded by a later pivot point in the same direction. Although removed pivot points can never become an anchor for a Gann Box they can tell you something about price momentum.

GANN BOX OPTIONS

● Enable GANN
By default the active Gann Box is displayed on the chart. If you want to work with the pivot points only i.e. while testing the combination of indicators you can disable drawing the Gann Box.

● Show Info
By default you see the following informational labels around the Gann Box:
63.75° Angle (1x2), 45° Angle, 26.25° Angle (2x1) for better orientation
The current pivot length which is the level you set in the pivot point options or which has been selected automatically.
The Price/Bar ratio which you can use in the chart settings to fix the ratio. This will give you a perfect square.
Disable the display if you don’t need it or if you want a cleaner chart.

● Label
● Size
● Text
Label background color, label size and text color are used across all available labels.

● Time/Price Line
● Style
● Width
This settings define the appearance of the price (horizontal) and time (vertical) lines which define the squares the Gann Box is built with.

GANN ANGLE OPTIONS

● Angle Line
● Style
● Width
Like with the Price/Time lines above you can fully customize the Angle lines drawn in the Gann Box. Select a line color, style and width to your likings.

● Angle Checkboxes
By default the 1, 2, 4 and 8 relation angles are drawn. The 1 to 1 (45°) can’t be disabled. In addition you can enable the 1.5 and 3 relation angles. Relation is meant as time units per price units.

● Enable 45° Watch
By default the indicator will check whether the price is above or below the 45° angle and change its color accordingly. It is a quick way to tell you whether the rise or fall of momentum is accelerating compared to the time period (Gann Box) before.

● Above
● Below
● Style
● Width
Change the 45° line color separately for price above and below the line, style and width to your likings.

GANN ARC OPTIONS

● Arc Line
● Style
● Width
Like with the Angle lines above you can fully customize the Arc lines drawn in the Gann Box. Select a line color, style and width to your likings.

● Enable ARC Cross Labels
By default the indicator displays the price at which the current bar would hit or cross an arc line. Disable it if you want a cleaner chart.

● Label
● Text
● Size
● Position
With this settings you customize the color of the label and text, it’s size and whether the label should be moved to the left. This settings apply to the Cross 45° Label as well.

DISPLAY OPTIONS

● 2 Decimals
To streamline the appearance of prices they are set to display two decimals only. Numbers get rounded! However, trading currency pairs or crypto assets might need to display the full amount of decimals. In this case simply disable the setting “2 Decimals”.

● Enable TF Warning

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Disclaimer BullNet: The information provided in this document is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Any use of the content is at your own risk. No liability is assumed for any losses or damages resulting from reliance on this information. Trading financial instruments involves significant risks, including the potential loss of all invested capital. There is no guarantee of profits or specific outcomes. Please conduct your own research and consult a professional financial advisor if needed.

Disclaimer TradingView: According to the tradingview.com/support/solutions/43000591638-our-house-rules/]house

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Version 1.0 03.03.2025

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