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A form of technical analysis based on the ideas that the market is geometric and cyclical in nature. A Gann Fan consists of a series of diagonal lines called Gann angles, of which there are nine. These angles are superimposed over a price chart to show a security's support and resistance levels. The resulting image is supposed to help technical analysts predict price changes. Although once drawn by hand, today Gann Fans can be drawn with software programs. This indicator draws Gann Fan based on
This is a great indicator to find an exit point. We never know when the market is going to change its trend. Many indicators give you a good entry point, but not good to use opposite signal as an exit point, because the signal always comes too late. This indicator will protect your profit as soon as possible when a signal to exit is found! Don't use this signal to enter, it may not be good for making an entry. The signal doesn't repaint, wait until a bar closes to make sure it is confirmed
