Legacy of Gann

4.83

The indicator very accurately determines the levels of the possible end of the trend and profit fixing.

The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky.

Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%)

Indispensable for any trading strategy – every trader needs to determine the exit point from the market!

Precisely determines targets on any timeframes and any instruments (forex, metals, commodities, stocks, crypto...)

Related videos:

1. Detailed information on how the indicator works, its capabilities: https://youtu.be/WiMxOQJLNOI

2. How to find targets in real time, using the example of one day (Gold, different TFs): https://youtu.be/cjpPkvTnc00


Features:

  • Plotting any number of triangles on the chart, user-friendly interface.
  • All constructions remain on the chart when switching the timeframe and retain their operability!
  • Determination of the most probable time interval for achieving goals (according to my statistics, the accuracy of working out at this time is approximately 60-70%).
  • Additional Early Signals to open a trade (rendering both in real time and on history). The signals are not repaint!
  • Notifications about the achievement of goals: Preliminary Target, 1st and 2nd zones (text + sound, E-mail, Push to mobile phone)


See the Guide to building Gann Levels:

https://www.mql5.com/en/blogs/post/749768


Indicator Parameters:

  • Entry Signal Settings - block of settings for an Early Signal to enter a trade. At the moment of the occurrence of the Early Signal, it is considered that the price has started to fulfill the calculated goals.

    • Enable Entry Signals - enable an Early Signal to enter a trade
    • Signal Arrow Size - signal arrow size (from 0 to 5)
    • Sound check of the correct location of the triangle vertices - enable Sound confirming the exact positioning of the triangle vertices at the ends of the bars. Precise positioning on the ends of the bars is necessary to find Early Signals.
    • Target achievement notifications (Prelim.Target, 1st, 2nd zones) - enable Notifications about the achievement of goals (Preliminary Target, 1st and 2nd Zones)
    • Enable Time Range for achieving targets - enable the display of the Time Range for achieving goals

  • Messages Settings - text and sound settings

  • Triangle Settings - triangle appearance settings

  • Interface Settings - interface settings (size, color and location of buttons)


Please note that the indicator does not work in the strategy tester!
To test the indicator, download the demo version from the Comments tab (it works on NZDUSD only).

    Reviews 14
    Rakha Putra El Syah
    138
    Rakha Putra El Syah 2024.05.29 07:14 

    this is my main weapon , Passed Propfirm with 1:1 1:2 1:3 risk to reward depands on target and i can predict when to reversal mostly on Target 2 however u guys should combined this thing with price action for confirmation , trust me it works

    Nicolas Dobrovsky
    849
    Nicolas Dobrovsky 2023.08.12 10:13 

    Great indicator. For me the best one the author has created so far. The indicator is clear without dozens of lines like other indicators. I have been using it for 5 months now and it helps me a lot with profit target placement.

    Stanislav Melnikov
    903
    Stanislav Melnikov 2023.07.15 20:58 

    У автора вообще все индикаторы качественные и доступные, спасибо ему

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    The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
    Pattern 1 2 3 MT5
    Pavel Zamoshnikov
    4.38 (8)
    The indicator automatically identifies the 1-2-3 pattern on the chart. The indicator is able to monitor the formation of pattern in real time. It informs the trader when the pattern is completely formed (when the price breaks the line in point 2) and displays the completed patterns in history. The patterns are never redrawn. The indicator can identify patterns on any instruments (currency pairs, stock market, gold, etc.) without the need to adjust to each instrument. Simple and clear visualizati
    The indicator automatically builds Support/Resistance levels (Zones) from different timeframes on one chart. Support-resistance levels are horizontal lines. As a rule, the market does not respond to a specific price level, but to a price range around the level, because demand and supply of market participants are not formed clearly on the line, but are “spread out” at a certain distance from the level. This indicator determines and draws precisely such a price range within which strong positi
    HMA Trend
    Pavel Zamoshnikov
    4.56 (72)
    A trend indicator based on the Hull Moving Average (HMA) with two periods. The Hull Moving Average is an improved variant of the moving average, which shows the moment of trend reversal quite accurately. It is often used as a signal filter. Combination of two types of Hull Moving Averages makes a better use of these advantages: HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. Features The movement d
    FREE
    Double HMA lines MTF
    Pavel Zamoshnikov
    5 (2)
    This is a multi-timeframe version of the popular Hull Moving Average (HMA). The Double HMA MTF Light indicator combines two timeframes on a single chart. The HMA of the higher timeframe defines the trend, and the HMA of the current timeframe defines short-term price movements. The indicator is freely distributed and hasn't audio signals or messages. Its main function is the visualization of price movements. If you need advanced functionality of the HMA multi-timeframe indicator (information ab
    FREE
    Double HMA MTF for MT5
    Pavel Zamoshnikov
    4 (4)
    This is an advanced multi-timeframe version of the popular Hull Moving Average (HMA) Features Two lines of the Hull indicator of different timeframes on the same chart. The HMA line of the higher timeframe defines the trend, and the HMA line of the current timeframe defines the short-term price movements. A graphical panel with HMA indicator data from all timeframes at the same time . If the HMA switched its direction on any timeframe, the panel displays a question or exclamation mark with a tex
    Pattern 1 2 3
    Pavel Zamoshnikov
    4.5 (24)
    The indicator automatically identifies the 1-2-3 pattern on the chart. The indicator is able to monitor the formation of pattern in real time. It informs the trader when the pattern is completely formed (when the price breaks the line in point 2) and displays the completed patterns in history. The patterns are never redrawn. The indicator can identify patterns on any instruments (currency pairs, stock market, gold, etc.) without the need to adjust to each instrument. Simple and clear visualizati
    Candle Pattern Finder
    Pavel Zamoshnikov
    5 (10)
    The indicator finds candlestick patterns based on Gregory L.' Morris "Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures". If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 5 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT5 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hammer / Shooting Star (with or without con
    This is advanced Multi-Symbol and Multi-Timeframe version of the "Candle Pattern Finder" indicator (search for candlestick patterns based on the book by Gregory L. Morris "Candlesticks charting explained. Timeless techniques for trading stocks and futures" ). The indicator searches for candlestick patterns for ALL symbols of the "Market Watch" window and for ALL standard timeframes from M1 to MN1. When patterns appear on any symbol / timeframe, the indicator gives a signal (text, sound, sending
    HMA Trend Professional MT4
    Pavel Zamoshnikov
    4.57 (7)
    Improved version of the free HMA Trend indicator (for MetaTrader 4) with statistical analysis. HMA Trend is a trend indicator based on the Hull Moving Average (HMA) with two periods. HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. The main differences from the free version: Ability to predict the probability of a trend reversal using analysis of history data. Plotting statistical charts for analyzi
    Trend Monitor MT5
    Pavel Zamoshnikov
    4.5 (2)
    The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator gen
    MACDivergence MTF MT5
    Pavel Zamoshnikov
    4.17 (6)
    Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (two methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and vis
    Candle Pattern Finder MT5
    Pavel Zamoshnikov
    4.2 (5)
    This indicator searches for candlestick patterns. Its operation principle is based on Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris. If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 4 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT4 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hammer
    Three Stochastics
    Pavel Zamoshnikov
    3.7 (10)
    This indicator signals about crossing of the main and the signal lines of stochastic (lower stochastic) in the trend direction which is determined by two stochastics of higher time frames (higher stochastics). It is not a secret that stochastic generates accurate signals in a flat market and a lot of false signals in a protracted trend. A combination of two stochastics of higher time frames performs a good filtration of false signals and shows the main tendency. The indicator is recommended for
    FREE
    CSV2Chart
    Pavel Zamoshnikov
    5 (3)
    The script visually displays deals from CSV format reports on MT4 terminal charts. It automatically recognizes popular formats: MQL5.com Trading Signals for MT4 / MT5 platforms MyFXBook service Copy the report file to the <Data Folder>\MQL4\Files folder and run the script on any chart. The script analyzes the CSV file, automatically creates new charts for all instruments that are found in the report, and draws the deals of each instrument on a separate chart. The script additionally calculates a
    FREE
    Alarm Clock MT4
    Pavel Zamoshnikov
    3.67 (3)
    Alarm Clock generates sound signal at the prescribed time. Time is set by a vertical line on the chart. Just shift this line on the chart to the future. After you set the line at the desired time, you can do whatever you want with the chart, like change a timeframe and a symbol - the alarm clock will generate a signal at the prescribed time anyway. If you accidentally remove the line, the indicator will restore it at the prescribed time. You can attach the indicator to different charts and set d
    FREE
    Information Panel
    Pavel Zamoshnikov
    5 (4)
    The information panel displays important trading information on the chart. Visual display of the information will help you to make a prompt and precise trading decision. Screenshots depict information which I use in my trading system. But you can add any other desired information.  To do this contact me via MQL5 web-site. Displayed information: Time till the end of the current candle and formation of a new one. Time set format: hh:mm, if there is at least one full hour, or mm:ss, if you have les
    FREE
    Download Quotes
    Pavel Zamoshnikov
    5 (2)
    The script automatically downloads historical data for all instruments from the "Market Watch" window, on all timeframes from M1 to MN1. It is recommended to use the script before launching multi-symbol and multi-timeframe indicators that work simultaneously with many instruments. Features: To download quotes, the script uses the MQL API only. This is a necessary requirement for publishing programs on the MQL-Market. This method is fast enough, but effective in not all cases. A more reliable (bu
    FREE
    Trend Monitor
    Pavel Zamoshnikov
    4 (4)
    The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features Easy to use. Filter configuration only requires selection of sensitivity in the " Sensitivity of the indicator " input. Signals can be filtered using
    Stochastic Ichimoku
    Pavel Zamoshnikov
    4.43 (7)
    This indicator signals about Stochastic crossing in the trend direction which is determined by the position of the price relative to the Ichimoku cloud. Features: Flexible settings: filtering signals by bullish/bearish bars ( parameter "BUY - the bullish bar only; SELL - the bear bar only" ); setting levels of Stochastic crossing ( parameters "BUY-signal if Stochastic below this level" and "BUY-signal if Stochastic below this level" ) ability to use the Ichimoku cloud of higher timeframes ( par
    MACDivergence MTF
    Pavel Zamoshnikov
    4.29 (7)
    Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (three methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and v
    Trend Power
    Pavel Zamoshnikov
    4.43 (7)
    A very powerful tool that analyzes the direction and the strength of the 8 major currencies: EUR, GBP, AUD, NZD, CAD, CHF, JPY, USD – both in real time, and on historical data. The indicator generates a sound signal and a message when a trend changes. Never repaints signal. The strength of the signal is calculated for all pairs which include these currencies (28 pairs total), can have value from 0 to 6 on a bullish trend, and from 0 to -6 on a bearish trend. Thus, you will never miss a good move
    Parabolic SAR is one of the most popular indicators allowing you to determine in a timely manner the trend reversal, get an early entry point and accurately define the place of profit taking. Parabolic SAR is very efficient in case of a trendy market but often gives false signals during a flat. In order to sort such signals out, it is possible to use the same indicator on higher timeframes. This eliminates the main drawback of the indicator during a flat, while retaining its advantage of early e
    Double HMA MTF for MT4
    Pavel Zamoshnikov
    4.2 (5)
    This is an advanced multi-timeframe version of the popular Hull Moving Average (HMA). Features Graphical panel with HMA indicator data from all timeframes at the same time . If the HMA has switched its direction on any timeframe, a question mark or exclamation mark is displayed on the panel, accompanied by a text and audio message. The messages can be configured separately for each timeframe using the corresponding checkboxes. The indicator is located in a separate window, so as not to overload
    The indicator automatically builds Support/Resistance levels (Zones) from different timeframes on one chart. Support-resistance levels are horizontal lines. As a rule, the market does not respond to a specific price level, but to a price range around the level, because demand and supply of market participants are not formed clearly on the line, but are “spread out” at a certain distance from the level. This indicator determines and draws precisely such a price range within which strong positi
    Market Calculator is a powerful tool that allows you to easily and quickly calculate the main parameters of a trade: Lot size, StopLoss and TakeProfit, as well as estimate the amount of funds (required Margin) to open a position. The program has a very convenient and intuitive control, because implemented in OS Windows style. There are many interesting and handy features - just watch the video: youtu.be/FG2qqTJTIhE All program data are sorted into sections in the form of tabs: " Lot Calculator "
    This is advanced Multi-Symbol and Multi-Timeframe version of the " Candle Pattern Finder " program (search for candlestick patterns based on the book by Gregory L. Morris "Candlesticks charting explained. Timeless techniques for trading stocks and futures" ). This version is implemented as an Expert Advisor-assistant to reduce the load on the terminal. The EA does not trade on its own. The program searches for candlestick patterns for ALL symbols of the "Market Watch" window and for ALL standard
    The "Spread Monitor" indicator allows you to analyze the spread change during the day, control the expansion of the spread by your broker and has a number of interesting additional features Choosing a broker with a minimum spread value is very important for the work of night advisors, scalping and intraday trading. However, the MT4 terminal does not store spread data, so the multifunctional "Spread Monitor" indicator will be useful for any intraday trader. Features: The indicator shows the curr
    Filter:
    Malcolm Campbell
    248
    Malcolm Campbell 2024.07.10 09:09 

    User didn't leave any comment to the rating

    Pavel Zamoshnikov
    156730
    Reply from developer Pavel Zamoshnikov 2024.07.11 17:58
    Thank you! I am glad that my products help you
    Rakha Putra El Syah
    138
    Rakha Putra El Syah 2024.05.29 07:14 

    this is my main weapon , Passed Propfirm with 1:1 1:2 1:3 risk to reward depands on target and i can predict when to reversal mostly on Target 2 however u guys should combined this thing with price action for confirmation , trust me it works

    Pavel Zamoshnikov
    156730
    Reply from developer Pavel Zamoshnikov 2024.05.29 18:22
    Thank you for your excellent review!
    Сергей Халин
    55
    Сергей Халин 2024.04.11 12:13 

    Отличный индикатор, невероятно точные попадания в уровни при правильном построении треугольника. Есть большое пожелание автору, кстати вас уже просили об этом, можно как то скрыть числовые значения цены на углах треугольника, очень мешают!

    Nicolas Dobrovsky
    849
    Nicolas Dobrovsky 2023.08.12 10:13 

    Great indicator. For me the best one the author has created so far. The indicator is clear without dozens of lines like other indicators. I have been using it for 5 months now and it helps me a lot with profit target placement.

    Pavel Zamoshnikov
    156730
    Reply from developer Pavel Zamoshnikov 2023.08.13 20:08
    Thank you for the wonderful review!
    Gorazd Trauner
    1554
    Gorazd Trauner 2023.08.04 17:04 

    Hi At first, there were no problem, but than problems with different colour of my choice showed up. I expect to hold that colour which I set up in configuration, of course if I keep the indicator on the same chart. The other issue showed after some time. At first everything worked good.Now, when I want to drag the triangle from original position to some where else, NUMBERS DOES NOT MOVE. Triangle moves WITHOUT NUMBERS.So, I would be very pleased that this issues would be solved.Otherwise I would gave it 5 stars.

    Pavel Zamoshnikov
    156730
    Reply from developer Pavel Zamoshnikov 2023.08.07 20:07
    I replied to you on the Comments page
    Stanislav Melnikov
    903
    Stanislav Melnikov 2023.07.15 20:58 

    У автора вообще все индикаторы качественные и доступные, спасибо ему

    Pavel Zamoshnikov
    156730
    Reply from developer Pavel Zamoshnikov 2023.07.24 18:57
    Благодарю Вас!
    danmar
    2504
    danmar 2023.03.12 09:24 

    Hi Pavel Surprising indicator and my first tool that draws in relation to what I do. Simple, user-friendly, very fast and easily understandable after watching the video or the tutorial. Bravo to the documentation provided which shows the respect that the seller has for his buyers. The first tests late Friday and Sunday show a real performance. I will return after a few days of real use. Thank you for this very interesting tool very well done warmly

    Pavel Zamoshnikov
    156730
    Reply from developer Pavel Zamoshnikov 2023.03.12 16:01
    Thank you for your excellent feedback! I wish you good luck and good profits with my indicator!
    FF aus W Trader
    115
    FF aus W Trader 2023.01.01 21:04 

    A really good tool. I absolutely love it, but just one thing drives me really crazy: Often it is not possible to place the 1,2,3 points of the triangle on the 1,2,3 points on the chart. Then several times I delete the triangle to try it with a new triangle but even then it does not work. It is not possible to place the triangle on the right position on the chart. Please check it. I am quite sure that it is an issue and not my mistake, but please let me know whether there is an easy solution or whether the solution has to be coded by you. Thanks and good day.

    Pavel Zamoshnikov
    156730
    Reply from developer Pavel Zamoshnikov 2023.01.04 08:33
    Most likely, the "Magnet sensitivity" option is disabled in your terminal. Turn it on in the "Options" menu (Ctrl+O) and the "Objects" tab
    Weny Sulistyo
    273
    Weny Sulistyo 2022.12.01 10:57 

    working great for me. but in which timeframe, this indicator will work perfect?

    Pavel Zamoshnikov
    156730
    Reply from developer Pavel Zamoshnikov 2022.12.01 15:07
    There is nothing perfect in this world... Especially in the financial markets. But the indicator works well on any instruments and timeframes. W.D. Gann found some patterns that exist in nature and operate in all its manifestations. You and I can use his research.
    David T
    302
    David T 2022.11.19 04:51 

    I tested the demo for almost a week and liked it a LOT! Bought the full version and it works on all Forex pairs that I have tested . It is one of if not THE best tool as I do not consider this an indicator so more like the built in Fibo Extensions in MT4 but way more powerful. A fantastic confirmation tool and if the points are chosen correctly depending on the user gives great confirmation of reversal or profit targets. Way better than just about everything here as most indicators here are like rehashes of popular indicators and the nature of most indicators is that they lag or repaint...but a tool like this is either on target or misses and does NOT repaint...think about it does the Fibo Tool in MT4 repaint...no of course. One of my most valued MT4 tools now.

    Pavel Zamoshnikov
    156730
    Reply from developer Pavel Zamoshnikov 2022.11.19 10:01
    Thank you for the great review! I am very happy that my products help you.
    Yevgeny Demi
    55
    Yevgeny Demi 2022.09.30 12:27 

    This is an outstanding indicator Pavel, bolshoye spasiba tebye! I love how despite it being so simple (for the end-user), quick and easy to set up and use, it is so effective and accurate at what it does! As a very noob and fresh student of WD Gann's work, your indicator also drops some very faint clues that I hope to be able to combine with many other clues that Gann has left, as well as those of his many students. Thank you once again :)

    Pavel Zamoshnikov
    156730
    Reply from developer Pavel Zamoshnikov 2022.10.01 17:11
    Thank you! Let my indicator help you!
    Lev Vladimirovic Marushkin
    2260
    Lev Vladimirovic Marushkin 2022.09.09 13:34 

    I am trading for more than 12 years now (3 years professionally) and i have tested around 10.000 + indicators and EAs. REALLY! I know i am crazy :) And i can tell you this indicator is in my top 3. Absolutely mindblowing. Made a ton of money today trading the EURUSD reversal picked almost perfectly by Legacy of Gann. Will post in comments. Believe me, it is VERY VERY hard to impress me in forex after all the years i have seen everything. But this indicator is almost too good to be true if used correctly. I am using World Class institutional liquidity levels and this indicator outperformed them today. I am going into deep research mode now regarding this indicator. I want to understand what is going on "behind the scenes". Big thank you to Pavel for this beauty and for his friendly support! Thumbs up for this author! :)

    Pavel Zamoshnikov
    156730
    Reply from developer Pavel Zamoshnikov 2022.09.09 21:28
    Thank you for your feedback! I'm very happy for you!
    LGR
    32
    LGR 2022.09.05 03:47 

    I am really enjoying this tool, it helps to read the market. 5 stars!!!

    Pavel Zamoshnikov
    156730
    Reply from developer Pavel Zamoshnikov 2022.09.05 19:46
    Thank you! Good luck and good profits!
    Tim Rijnbeek
    1392
    Tim Rijnbeek 2022.07.15 13:45 

    I like this tool ,nice effort !

    Pavel Zamoshnikov
    156730
    Reply from developer Pavel Zamoshnikov 2022.09.05 19:47
    Thank you!
    Reply to review