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Gann Swing Chart Range

With this indicator you'll have a general reading of the market's range using Gann's calculating modes.

Gann's swing is used to have a quick reading to the market latest movements at first glance.

The foundation of this swing calculation is in the count of candles in relation to the break-up and break-down of the price. When the price breaks-up the last maximum, the swing will get traced if a certain number of candles is exceeded from the last minimum.

It can be used a "pure Gann" or not: If setted on "true", the indicator won't take in cosideration the inside bars in the counting; if setted on "false", the indicator will take in consideration the inside bar in the counting.

This indicator will also help you a big time in the "reading" of the swing:

  • The last three swings will be highlighted, so they can form the last ABC.

  • It will inform you on how many points the range is composed.

  • It will give you the prices on which the price leans on, basing on the swings themselves.

Input Parameters:

  1. Time To Show: Timeframe on which apply the indicator

  2. Bars Swing: Number of bars on which elaborate the counting for the swing formation.

  3. Swing Width: Width of the lines representing the ABC.

  4. Arrow Down Color: Color of the crosses above

  5. Arrow Up Color: Color of the crosses below

  6. Buy Color: Color of the swing up (ABC)

  7. Sell Color: Color of the swing down (ABC)

  8. Use Pure Gann: If true uses pure gann (no inside)

  9. Font Size: Size of the font on the graphic

  10. Font Type: Type of the font on the graphic

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3.43 (7)
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