Gann Intraday Pivot Indicator
- The indicator is based on W.D. Gann Methodology & Grid chart system customized for the modern market with a simplistic approach.
- It is designed for Scalping to Intraday Trading. A complete tool with Customizable Price & Time Support & Resistance level.
- The indicator shows day trend strength in advance with the start of the day. Indicator plots buy/sell signals on charts (Subject to consider with market price action), also the current trade.
- Indicator plots Daily & Hourly Pivots. Also, Custom Pivots based with 4 calculating points, from Current day high / Last Day High / Current Day Low / Last Day Low.
- The indicator also plots time pivots which indicate ideal time for a major trend change in the market. ( Subject to consider with market price action.)
- Indicator plots Gann Master Grid chart layout for advanced analysis.
Best Usage: 1 Minute to 15 Minutes charts, All Instruments
Indicator Input Parameters
History Bar (0 for current bar)
- 0.01 cent or 1 pip
- $1 or more (Non-FX Instruments, Indices, commodities)
Custom Timing Settings
- Timing for Non-Fx Instruments = True/False
- Select Instrument Opening Hour (0 to 20)
- Select Instrument Opening Minute (0-59)
- Select Instrument Ending Hour (0 to 24)
- Select Instrument Ending Minute (0-59)
Trend Signal Settings
- Show Arrow = True/False
- Show Alert = False;
- Time Gap Between Signals = 1 Hour (Default)
Daily Pivot Settings
- Show Daily Pivot = True / False
- Show Minor Pivot Lines = True / False
- Daily Pivot Major Color
- Daily Pivot Minor Color
- Daily Open Color
- Daily Line Style ( Solid / Dash / Dot / Dashdot / Dashdotdot )
- Daily Line Width 1-5
- Show Hourly Pivots = True/False
- Hourly Pivot Color
- Hourly Open Color
- Hourly Line Style ( Solid/ Dash / Dot / Dashdot / Dashdotdot )
- Hourly line Width 1-5
- History Bar for Hourly = 0 ( Default 0 for current hour)
- Show Dashboard = True/ False
- Dashboard Background Color
- Dashboard Header Color
- Text Color
- Dashboard Corner (Left Upper Chart Corner/ Right Upper Chart Corner / Left Lower Chart Corner / Right Lower Chart Corner )
Gann Master Grid Layout Settings
- Show Gann Master Grid Layout = True/False
- Grid Color, Line Style, Width
- Minor Grid Color, Line Style, Grid Width
Custom Time Pivot Settings
- Show Custom Time Pivot = True/False
- Custom Time Pivot Color, line, width style
- Applied Time ( Last Day High, Last Day Low, Current Day High, Current Day Low)
Custom Price Pivot Settings
- Show Custom Price Pivot = True/ False
- Applied Price ( Last Day High, Last Day Low, Current Day High, Current Day Low)
- Custom Price Pivot Color, Line Style, Width.
Backtesting Efficiency: User can test this indicator for past days in the live chart to check indicator accuracy. In the case of History Bar settings, change it other than 0 to check past day market action with the indicator. (1,2,3.. etc)
Improved tooltips & annotations.
Simplified to produce clear charts & entries for traders to make best trades.
Shows Trend Strength in advance. Current Trend for making sharp entries with pivots.
Scaling Added for Non-Fx Instruments
Custom Timing option improved for Non-Fx Instruments.
Bug fixed with current deg from opening.
Now it works for other instruments too.
Future contract start time & end time added in user input section.
Minor pivot levels improved.
Add 2 new extra option for time forecasting, now you can individually forecast with last day high/low or current day high/low.
Another Extra long term Gann MA added for MA crossovers.
Grid movement improved.
More improved Navigation.
Small Text box added to view Text Based Degree Data in compact way. (Customizable Color)
Gann MA Method added.
New element added on text section which shows current price degree from day open.
InBuild Gann Hi-Lo Activator or Gann MA added.
Natural Time Line added
Natural Price Time Grid added
3D Cube Added
Forecasting Timeline added
Option added to show or hide daily pivots.
Show Text Data = True/False added.
Now its shows Current Day High / Low Degree
Current Day High / Low Difference
Current Price Degree
Daily Trend & Hourly Trend
Followings are important Degrees to change trend:
Among, 45,90,180,360 are major degrees.
While trading, mind the 1-3 Degree offset with these degrees.