"Can I Trade on M15 Chart with IQ FX Gann Levels?"

"Can I use the IQ FX Gann Levels indicator on the M15 chart?"
This is a question we hear often from our traders.

The short answer is — Yes, absolutely!

But if you're aiming for the best entries with the lowest stop-loss and highest risk-reward, there's something important you should know...

Let’s Break It Down with Real Chart Examples

1. GBPJPY M15 Chart – Strong Reaction at Gann Major R1

In the above chart, we see GBPJPY on the M15 timeframe, where the price perfectly touched the Gann Major R1 level.
It even formed a spinning top candlestick, which is a classic sign of market indecision, and often a reversal.
As expected, the market reversed sharply from that level.

✅ Gann Levels worked beautifully here.
But…

2. GBPJPY M5 Chart – Earlier Signal, Better Entry

If you had zoomed into the M5 chart, you’d have spotted that the spinning top candlestick actually appeared a bit earlier.
That means, by using M5 for entries, you could’ve gotten in faster, with a tighter stop-loss, and caught a larger portion of the move.

📌 Pro Tip: Gann Levels forecast the key levels. But the candlestick formation on lower timeframes gives you surgical precision for entries.

3. GBPJPY M5 – 95+ Pips Move from Dragonfly Doji at Gann Minor S2

Now here’s where it gets exciting…

The market formed a dragonfly doji near Gann Minor S2, we have highlighted it in the above chart.
From there, GBPJPY flew up over 95+ pips.

💡 Imagine if you had waited for confirmation on M15, you might’ve missed a large part of that move.
But the M5 chart gave a clear and early signal, giving you the chance to capture more pips with less risk.

🎯 So What’s the Ideal Setup?

• You can use the IQ FX Gann Levels on M15 to identify key zones (like Major/Minor R1, R2, S1, S2).

• Then switch to M5 timeframe for your actual entry and stop-loss setup.

• Look for candlestick patterns that will tell you more about your entry & exit point with high precision.

✅ Final Thoughts

Gann trading isn’t just about following these levels, it’s about timing your entries around those levels.
The IQ FX Gann Levels indicator gives you the map. This indicator doesn't snatch away your freedom and your own trading decision that aligns with YOUR trading style by telling you where your take profit or stop-loss should be, like other Gann indicators you may find out there.
But using the M5 chart for entries gives you the precision of a sniper, not just a shotgun approach.

It’s how smart traders turn good trades into great ones.
Once you start combining the power of Gann levels accuracy of lower timeframe with candlestick or price action pattern entries,
you’ll begin to see how mind-blowingly effective this strategy really is.

💬 Got questions? Drop them below or message us directly.
Happy trading, and may the pips be with you!

Product Links: MT5 | MT4
Join Official MQL5 Channel for daily market update and to learn more about gann trading.
Also Check out: Seller Page | Welcome Post

©intraquotes | DO NOT COPY THIS CONTENT