wd gann indicator square root of nine

WD Gann Pivot Point

Metatrader Indicator

$14.99 Monthly rent

Download free demo

How it helps?

Now you can plot WD Gann master charts support resistance on the live chart.
With custom timing, use it on any instruments other than forex.
Multiple time frame analysis for better entry & exits.
The ultimate tool for grid trading with the time factor.
Never miss a trade with email, push message alerts on your device.

Payment

You can purchase or rent this indicator from mql5 site directly.


Purchase includes

  • Access to the indicator

  • Auto software upgrade

  • Free web manual

  • Maximum activation for 5 devices

  • Life time technical support

Version

Current Version :

1.00

Updated :

21st June, 2019

Published :

21st June, 2019

Operating System :

Windows 7/8/10

Info

Timeframe :

1 to 5 minutes

Trading Style :

Day trading

Traded on :

All, just adjust scale


Manual:

Protected by Copyscape

Manual Version : 1.9

Last updated on 23rd October, 2019

A simple indicator for powerful day trading with WD Gann trading strategies; tweaked, especially for modern markets. WD Gann was a trader who was famous for discovering master charts, especially the square root of nine & circle of 360 degree.


Scale Settings:

The most essential part of this indicator. It has 3 following scaling options that cover all major financial markets.

0.01 cent or 1 pip Works best with Forex pairs
0.1 cent or 10 pips Works better with WTI crude oil, silver
$1 or more Indices, Gold, BTCUSD bitcoin


Indicator Panel

It shows both indicator parameters along with controls.

  • Status

    “On” means currently activated on the current chart for the current day. If it is activated for the past chart, then it will show backtest & backtest date. It also shows indicator alert status in “on or in off” mode.

  • Symbol

    shows the current symbol or instrument name.

  • Scale

    Shows currently selected scale.

  • Trend status

    Current day trend in Uptrend or downtrend. It also shows whether it is correcting any uptrend or downtrend.

  • Timing

    By default, timing is set to 24 hours which is mainly used for the forex market. For other kinds of markets like stocks, equities, CFDs, indices & metals users can choose custom timing; start time and end time.

  • Chart display

    This is the control panel of the indicator where you can quickly on or off daily, hourly, 4 hourly pivots & grid chart display only by a click.

    At top of the indicator panel, there is another button to quickly hide the indicator panel from the chart to view the trading chart better. You can also bring back the indicator panel by clicking it again on the “show” button.

Daily Pivot Points

It shows pivot points in two parts, major &or.

The daily pivot level decides the day trend as it works with the larger time frame.

Type Support Levels Resistance Levels
Major S1, S2, S3, S4, S5, S6 R1, R2, R3, R4, R5, R6
Minor S1, S2, S3, S4, S5, S6 R1, R2, R3, R4, R5, R6


NOTE:

Among these levels, Major S1 or Major R1 is an important area for breakout or reversal. If breaks Major S1 or Major R1 that indicates a breakout trade.

4-Hourly Pivot:

This is the newest addition hence the most useful one. 4 hourly pivot helps to decide forex sessional trends.

Hourly Pivot

Fine-tunes trade entry for day trading. It also helps to decide Stop loss & Take profit if used along with 4 hourly pivots.

Grid

Last but not least. Grid visual display is the best marking if you are planning for grid trading. Each square is equal by price and time. From a practical approach, grids are best to judge whether the market is in range or trending.

Grids also have major & minor support resistance levels. It has proven to be handy if you are planning to trade binary options. Cause with the grid you can mark on the timing also.

Indicator Parameters

With basic indicator settings, you can choose the scale, color settings, font, line width, line style & last panel size.

Customizable screen size: By changing the panel size you can fit the indicator on any screen size, Smaller to Biggest.

Custom Timing

For non-forex instruments, custom timing is mandatory. For setting up the custom timing, choose custom timing to “True”. Then add opening hour & minute plus closing hour & minute.

You can find this information from the instrument details. At MetaTrader market watch, right-click on the symbol & click on the instrument details.

Custom Timing

Custom timing option settings

Input these data on indicator custom time settings:

custom time input wd gann intraday pivot

Custom time input

Pivot History Bar

By default, the history bar is set to 0. Which means the current chart, current day. If the history bar is set to 1 that means the previous bar. So this way you can backtest directly on a live chart.

Alert settings

Nevertheless, with alert options, you can get two types of alerts.

Therefore you do not have to observe the chart for the whole day. You can set up the alert & run the MetaTrader on VPS. Alerts are available on the terminal, by email or mobile push messages.

WD gann price alert support resistance levels

Price alert settings

Also, you can get alert every time the market reaches to any major or minor grid line conjunction points. Which is proven to be very useful.

wd gann grid line trade

Grid line example

Conclusion

It is advisable to decide trade based on other trends confirming indicators along with the WD Gann support & resistance levels. Multiple timeframe pivot points mend best with multiple timeframe analysis that proven to be an excellent tool for great entry & exits.

FAQ:

FAQ

Please remove the indicator & restart the MetaTrader platform, then reinstall the indicator to make it work. If it still does not work. Then open a ticket at the MetaQuotes support center.

You can subscribe to this indicator with monthly price. For 3 months subscription, discount is available.

It means maximum for how many devices you can use this indicator under your current license. If maximum activation is 5, that means if you rent it for one month, under that license you can use this indicator on 5 devices maximum.

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Chukwuma

The indicator works awhile and stops showing on the charts. Any fix?