Firstly You dont say anything just show a chart and link to a non english site.
Please refrain from such stuff.
The law of vibration 21 replies
BB Gann System 97 replies
Gann Hilo DMI System 172 replies
Thank you for helping me make some sense of Gann.The video really helped.
Question:How many lines do you draw from the low column and from the high column?Ignored
DislikedI've been wandering around this forum for a while and been trading for around a year now. Still learning lots of stuff. I like to help others so posting this.
I call this the Gann Price vibration system. It is not a system by itself but is more a confirmation system. Add this to whatever method you trade and it will help you for sure.
It's based on the gann wheel. From a low you can predict possible points where the market will vibrate to. Same with a high. Price will either bounce off, gap through, or blow through these...Ignored
I was intrigued by the calculations that MoneyDeep was using so I knocked up an indicator that would automatically show the first circle lines which seem to be the most used. I have checked it against MoneyDeeps calcs and it appears to be correct. If not the code is exposed and changeable. It is all longhand code because I wrote it as I saw it so if someone wants to loop it, be my guest.
Charts below explain how it works, but essentially, when you load the indicator you will see a red vertical control bar under the last candle and some...Ignored
DislikedThanks a lot for this. I know this thread is dead and gone since I guess no was really interested. I tested the indi and it seems to be looking good for nowIgnored
I was asked to make the indicator into an Auto version so that one could quickly apply it to many charts consistently at say the high and low of 2 or 3 days ago.
Attached is the indicator with this option able to be set. You can still use it manually if you turn UseAutoTfHiLos off, but it is on by default.
Inputs are as below.
extern bool UseAutoTfHiLos = true;
extern int AutoTf2Use = 1440;
extern int MtfBarBack = 1;
AutoTf2Use obviously needs to bigger than the tf the chart is on and the MtfBarBack option tells the indi...Ignored
While I don't trade this concept, I am a big believer in Fib confluence and all that.
It occurred to me that if you have several copies of the indi on chart with either different MTF bars back or different periods that you would have the benefit of confluence on one chart.
The updated indicator allows you to do this by simply putting a different letter in the option
extern string IndiCopyOnChart = "a";
Example chart uses 4 copies of the indi called a.b.c and d. They are set at H4, Daily, Weekly and Monthly and all displayed on an...Ignored
I have had a chance to tidy up the code and work on the color options. This version should be the last unless some bugs crawl out.
You can now properly change colors and styles for different timeframes.
Tpl attached of a Multi Timeframe setup with H4, Daily, Weekly and Monthly all on the same chart.
Mousing over a line will let you know what Timeframe it belongs to.
Lines will readjust as each Timeframe plots a new bar.
eg: H4 will readjust once every 4 hours etc.
Confluence is instantly visible. It would be nice to see someone come up...Ignored
DislikedAlthough I originally was using this on swings and looking for confluence. This idea of interday highs and lows seems and interesting path to tread on.
I really appreciate all the effort people are putting into this.Ignored
DislikedWell Moneydeep; as you know, we have half of the puzzle done here. We have charted price levels, now the most interesting addition is TIME confluence. When time & price are in confluence, expect a big bang.
So, off each high and low, count 45 bars, 90 bars, 180 bars and 360 bars into the future to plot the time cycles. Then watch the fireworks when the major time markers line up with the major price levels...it's uncanny how deadly accurate they can be.
Can an time indicator be created to acomplish this?Ignored
Excellent suggestion. I can have a look at picking possibly HH and LL each day of the past x days and automate a series of fib timelines that would do this.
For the moment because it is probably more accurate visually, you could use the Fib Timelines tool in MT4 set to 0,1,2,4,8 and pull the 0 to 1 line over 45 bars and as you say, watch the magic.
I have 2 sets on highs in yellow to indicate they are on highs and 2 on green which are on lows.
Pic attached with a circle of where the timeline was started and an arrow to where it was pulled...Ignored
DislikedI think you are on the right track...however there may be too many lines on the chart to pick from. So I think that the swing highs/lows that your original indicator gets is probably correct... That is how the original Gann Wheel is calculated...Take the recent high and plot 45^ from there to get the price. Then when you count the bars forward from that recent high you arrive at the future bar then plot that.
Then you would do the same exercise for the recent swing low.Ignored