Description
Sit back and watch the magic unfold. This highly customizable indicator automatically plots all the Gann levels for intraday/positional trading based on your chosen parameters.
Indicator
Plot your Gann levels on any time frame using multiple OHLC parameters of the current or previous day and also fixed times(as per user choice).
Follow along with the intuitively programmed Gann Rotation Clouds. If the Cloud is Green, you can go long, if the Cloud is Red, it’s time to go short.
Form your daily bias by looking at the position of price w.r.t the Gann Strip. If the Strip is Green, look for mostly Long trades and vice versa.
Signals
That’s not it, the ingenious Traffic Light tells you heavy volume exchange is happening while the Super Bolt tells you the Volatility is rising.
Whenever you find one of these two indicators on your charts, be ready to clock some great trades with good directional moves(usually on the opposite sides).
If you don’t know how to take advantage of these two extra signals, we’re here to explain, but just a spoiler, you won’t believe how easy it is to take trades using these signals.
The Cross pops up when a key Degree level is broken, while the Tick depicts the break of the same on the upside.
Observe price action in key places, and fire your trades using multiple confluences.
Entry Rules
For safe trades; As a rule of thumb, take long trades when price crosses 22.5 degrees, for targets of 45 degrees, 90 degrees and 180 degrees. Take shorts from 90 degrees or 180 levels for safe trades.
Have your SL placed at the immediate gann degree below your entry point. For eg. Place your SL at R_12.5 degrees when you go long at R_22.5 for R_45.
For short trades, reverse the script above and keep booking profits.
Trading couldn’t be easier. Thanks to this beautiful indicator based on the works of Mr. W. D. Gann.
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