Gann Day Levels
- Indicators
- Version: 1.4
- Activations: 5
Gann Day Levels is a proprietary analytical indicator that automatically calculates and displays key price levels using W. D. Gann's methodology. The indicator is based on many years of observations of price behavior near daily reference points and allows the trader to instantly see potential support, resistance, and reversal zones — without manual plotting or unnecessary calculations.
Key Features
📐 Automatic calculation of 16 levels
The indicator plots 16 horizontal levels — 8 up and 8 down from the base opening price of the day. The levels cover both near and far price targets, allowing the indicator to be used for both intraday trading and medium-term planning.
🎨 Visual hierarchy of levels
For instant recognition of key zones, the indicator divides levels into two groups:
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Major levels — by default red, solid, width 2. These are the most significant price reference points, where the market most often reacts.
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Minor levels — by default gray, dashed, width 1. They serve as additional reference points and refine the structure of price movement.
⚙️ Full appearance customization
All display parameters are configured through the indicator properties window:
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Line color (separately for each group)
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Line style (solid, dashed, dotted, etc.)
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Line width
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Show/hide level labels
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Label font size and color
🔄 Smart updating
When the trading day changes, levels are automatically recalculated — no need to reload the indicator. Level labels are always attached to the last bar, ensuring correct display when scrolling the chart.
🎛️ Quick control directly from the chart
A button to turn levels on/off is located in the lower-left corner of the chart. With one click, you can hide or show all drawings — convenient when you need to free the chart from visual noise without removing the indicator from the chart.
Who this indicator is for
Gann Day Levels is suitable for traders who work with price levels, fans of trading from daily reference points, and those who use market level structure as the basis of their strategy. The indicator does not draw signals or give recommendations — it provides clean price markup, on which the trader makes their own decisions.
Usage recommendations
The indicator is intended for trading gold XAUUSD.
Summary
Gann Day Levels is a compact, lightweight, and fully customizable tool that turns the day's opening price into a ready-made system of price reference points. No unnecessary panels, no heavy calculations — just clean markup that is always at hand and always up to date.
After receiving the indicator, contact me to receive the proprietary Trade Manager expert advisor.
