Gann Time Clusters Indicator - MT4 Gann Indicator (2024)

Gann Time Clusters Indicator - MT4 Gann Indicator (1) Summary

Gann Time Clusters Indicator - MT4 Gann Indicator (3)This indicator is based on W. D. Gann's Square of 9 method for the time axis. It uses past market reversal points and applies the mathematical formula for Gann's Square of 9 and then makes projections into the future. A date/time where future projections line up is called a 'time cluster'. These time clusters are drawn as vertical lines on the right side of the chart where the market has not advanced to yet. A time cluster will result in a market reversal point (ex. bottom or top) forming at this exact time. The lines are drawn well in advance which makes this a unique indicator.

Benefits

  • The indicator does not repaint, move, or delete lines! It also does not lag because the lines are drawn many bars in advance.
  • Only 3 adjustable settings. So it is easy to use and understand.
  • It can be used for Forex trading and possibly for binary options trading.
  • There is no need to constantly watch the chart, since all lines are drawn ahead of time and the future times are clearly marked.
  • It is easy to trade with. Since market reversals will occur, simply trade the reverse of whatever direction the market was moving. For example, if the market was moving down then place a buy order, and vice versa.

Inputs

  • Min_Cluster_Number
    This is the minimum number of projections required to be considered as a time cluster. So this controls the reliability and the number of future lines. The higher the number, the more reliable the future lines will be but the fewer lines will be drawn. And vice versa for a lower setting.
  • Lookback_Candles
    This controls the number of past candles that the indicator will consider. The higher the number, the more reversal points will be used and greater the chance that future lines will be drawn, but the slower the indicator will be, and vice versa for a lower setting.
  • Line_Color
    This setting controls the color of the vertical lines drawn by the indicator.

Notes

  • The higher the number set for 'Min_Cluster_Number', the better. The lower the 'Lookback_Candles', the better. If you see that too many lines are drawn on the chart, adjust the settings to be stricter until only a few lines are drawn. These will be stronger time clusters then. So you should balance the 2 settings with this tip in mind.
  • DLL imports must be enabled for this indicator to work.
  • Updates will be made based on customer feedback. Feel free to comment or send recommendations.
  • This indicator will work on any MT4 broker and chart.
  • The examples below are taken from real live charts.

Forum

  • The official forum to post your comments, questions, concerns, or bug reports about the Gann Time Clusters Indicator can be found at Forex Zone Forum.

Example

Gann Time Clusters Indicator - MT4 Gann Indicator (4)

Gann Time Clusters Indicator - MT4 Gann Indicator (5)

Gann Time Clusters Indicator - MT4 Gann Indicator (6)

Demo

  • There is a free demo version available - DOWNLOAD HERE
  • Setting Limitations: 'Min_Cluster_Number' must be >=7 and 'Lookback_Candles' must be <=150
  • The demo version will work on any MT4 broker, chart, or time frame. And there is no expiration date.

Availability

  • The current version is v1.11. Updates will be made based on customer feedback.
  • This indicator is only available for PAID MEMBERS.
  • All requests are processed manually. Expect delivery within 12 hours after your request is received.
  • Membership entitles you to free support and updates in the future. It is your responsibility to check back for updates. We do not do this for you. If you are a paid member and want an updated version, simply send us an email and we would be happy to send you the update free.
  • Membership entitles you to use this indicator with no expiration date.
  • Membership entitles you to use this indicator on 5 different account numbers total. The broker, server, and type of account does not matter. If you use more than 5 account numbers, please contact us.
  • Email us account number(s) that you want this indicator to work on so it can be unlocked and sent to you. You do not need to use all 5 account numbers at once. You can wait to use the remaining account numbers at a later time.
  • Test the demo version before deciding to become a member. It works exactly the same as the full version except for the setting limitations. Also, ask any questions and see examples before paying. Once payment is received, it is final.

Gann Time Clusters Indicator - MT4 Gann Indicator (7)

Gann Time Clusters Indicator - MT4 Gann Indicator (2024)

FAQs

What is the most powerful MT4 indicator? ›

What are the most accurate MT4 indicators? The Moving Average (MA), Relative Strength Index (RSI), Bollinger Bands and Moving Average Convergence Divergence (MACD) are among the most accurate MT4 trading indicators.

How accurate is the Gann theory? ›

Gann trading strategy can still be used and, if applied correctly, can predict the movement of an asset up to 90% accuracy. W. D. Gann believed that the market follows a natural time cycle.

How many indicators are enough? ›

A trader could use one momentum and one trend indicator, for example, a stochastic oscillator (a momentum indicator) and an Average Directional Index (ADX) (a trend indicator).

What is the golden ratio of Gann? ›

Gann angles can be used to identify potential entry and exit points for trades. 3. Golden Ratio: The Golden Ratio is a special number that is found by dividing any two consecutive numbers in the Fibonacci sequence. This number is approximately 1.618 and is found frequently in nature.

Which trading indicator has the highest accuracy? ›

Which is one of the most accurate trading indicators? The most accurate for trading is the Relative Strength Index. It is considered one of the best momentum indicators for intraday trading. It helps investors identify the shares which are bought and sold in the market.

What is Gann 50% rule? ›

The 50% Retracement Rule, based on Gann's 50% and 62-1/2% price levels, is this: GANN'S 50% RETRACEMENT RULE. AFTER AN INITIAL, SUSTAINED PRICE MOVE, EITHER UP OR DOWN, PRICES RETRACE TO 50% (4/8) OF THEIR INITIAL MOVE.

What is the gann formula? ›

Gann's equation goes as follows: 1 x 8 = 82.5 degrees, 1 x 4 = 75 degrees, 1 x 3 = 71.25 degrees, 1 x 2 = 63.75 degrees, 1 x 1 = 45 degrees, 2 x 1 = 26.25 degrees, 3 x 1 = 18.75 degrees, 4 x 1 = 15 degrees, 8 x 1 = 7.5 degrees.

How much money did Gann make? ›

Gann's students have stated that he left a fortune of $50 million (equivalent to $569 million in 2023) that he built by following his methods, but evidence of such a fortune is lacking. Alexander Elder, in his book Trading for a Living, said "I interviewed W.D. Gann's son, an analyst for a Boston bank.

What are big 3 indicators? ›

Big 3 combines Taylor's checklists and favorite indicators to create the Big 3 signals. Big 3 stands for Trend, Structure, and Momentum. Criteria that when met can lead to powerful directional moves.

How many indicators do professional traders use? ›

They fully rely on their understanding of the market and only use methods like price action, order flow, or Gann for this. Any way lets dive in and look at the 12 of indicators used by professional traders.

Which indicator is used by professionals? ›

Some professional traders use just one indicator such as moving average or VWAP. Others rely on indicators like the Relative Strength Index (RSI) and the MACD. In other words, don't try to master all of them. Finally, always test the indicator well before you start using it in a live account.

What is the most important Gann angle? ›

Gann believed the 45-degree angle is important and trends above it are strong and trends below it weaker. Gann angles are applied from price bottoms extending upwards or from price tops extending downwards. Other Gann angles include 2:1, 3:1, 4:1, 8:1, 1:2, 1:3, 1:4, 1:8.

How to use gann time cycle? ›

The important time cycle is square of 52 on weekly charts. Use it for high/low as well as on the points which start at 90-day cycle. Also, two squares (or a cycle of two years) can be used. Inner and outer squares should also be checked when price hovers within the same circle.

What is the gann strategy? ›

Gann—are used in predicting support and resistance levels, as well as predict tops, bottoms, and future price moves. Gann studies have been used by active traders for decades, and even though the futures and stock markets have changed considerably, they remain a popular method of analyzing an asset's direction.

What is the leading indicator in MT4? ›

Leading indicators in MT4

Forex MetaTrader indicators are perhaps the most popular. Some indicators that can be used in the forex market include Bollinger Bands, simple moving average (SMA), relative strength index (RSI), among many other stochastic oscillators and money management tools.

What is the best channel indicator for MT4? ›

One popular channel indicator in MT4 is the "Donchian Channel." It plots three lines: The upper line represents the highest high over a specified period. The lower line represents the lowest low over the same period.

What is the most effective forex indicator? ›

Some of the most popular indicators in trading are moving averages, Bollinger Bands, the relative strength index (RSI), and the moving average convergence/divergence (MACD).

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