Legacy of Gann for MT5

5

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 8
    189114nickynomates
    1110
    189114nickynomates 2024.06.04 11:19 
     

    Very good Indicator. You need to do a little work and thinking on your own, but results are excellent especially if you combine with other proven indicators.

    Kai Jun Zheng
    244
    Kai Jun Zheng 2024.03.15 18:46 
     

    The work is great, I hope to see continuous updates~

    Juergen Loebach
    1321
    Juergen Loebach 2023.06.08 22:22 
     

    Useful addition to my strategy.

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    FREE
    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
    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
    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
    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
    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
    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
    The indicator determines the state of the market (trend or flat) using the upgraded Bollinger Bands of higher timeframes and colors the bars in trend/flat colors. The indicator also gives signals (arrow on the chart + Sound and notification to Mail, Push): signal at the beginning of every new trend; signal inside the trend (entry at the end of the correction) Signals are never redrawn! How to use the indicator? The indicator works very well intraday. When using the indicator for intraday (TF M
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    NI C
    49
    NI C 2025.06.15 07:53 
     

    User didn't leave any comment to the rating

    Igor Mishchenko
    240
    Igor Mishchenko 2024.06.24 21:38 
     

    User didn't leave any comment to the rating

    Pavel Zamoshnikov
    156675
    Reply from developer Pavel Zamoshnikov 2024.06.25 19:58
    Спасибо за Ваш отзыв,! Я рад, что мои продукты помогают Вам
    189114nickynomates
    1110
    189114nickynomates 2024.06.04 11:19 
     

    Very good Indicator. You need to do a little work and thinking on your own, but results are excellent especially if you combine with other proven indicators.

    Pavel Zamoshnikov
    156675
    Reply from developer Pavel Zamoshnikov 2024.06.04 19:33
    Thank you for your excellent feedback!
    Kai Jun Zheng
    244
    Kai Jun Zheng 2024.03.15 18:46 
     

    The work is great, I hope to see continuous updates~

    Pavel Zamoshnikov
    156675
    Reply from developer Pavel Zamoshnikov 2024.03.17 18:20
    Thank you!
    Juergen Loebach
    1321
    Juergen Loebach 2023.06.08 22:22 
     

    Useful addition to my strategy.

    Pavel Zamoshnikov
    156675
    Reply from developer Pavel Zamoshnikov 2023.06.09 10:13
    Thank you
    Sergei Vasil Ev
    1250
    Sergei Vasil Ev 2023.01.23 15:57 
     

    Супер индикатор, отличная работа, спасибо вам!

    Pavel Zamoshnikov
    156675
    Reply from developer Pavel Zamoshnikov 2023.01.23 16:52
    Благодарю Вас!
    Billsp203
    34
    Billsp203 2022.12.11 04:14 
     

    User didn't leave any comment to the rating

    Pavel Zamoshnikov
    156675
    Reply from developer Pavel Zamoshnikov 2022.12.11 11:06
    Thank you! I am glad that my products are useful to you.
    prozall
    703
    prozall 2022.08.15 11:20 
     

    Лучший из лучших. Автор подробно всё рассказал и описал как пользоваться данным индикатором. Я очень доволен. Сразу заработал профит.

    Pavel Zamoshnikov
    156675
    Reply from developer Pavel Zamoshnikov 2022.08.16 08:52
    Благодарю вас за высокую оценку! Я очень рад, когда мои продукты помогают людям
    Reply to review