Gann PVS (Price vibration System) Trading

Last week the market was so good as to show us a good move in the angles of Gann. My merit is only to show this in thread. Twice the price reaches the angle 3x1. Both times we knew the level in time. The first time an accuracy of one pip, and the second with only 2 pips difference. This chart can you trade? Please check all links.

http://www.forexfactory.com/showthre...42#post5606042
http://www.forexfactory.com/showthre...10#post5606510
http://www.forexfactory.com/showthre...76#post5606876
http://www.forexfactory.com/showthre...82#post5609182
http://www.forexfactory.com/showthre...92#post5614592
http://www.forexfactory.com/showthre...41#post5615541

Why is this thread quiet all of a sudden?

Still trying to figure out how to optimally use Brooky's indicator with the arc fan.

Godim,

where can I download those gann indicators please? love to learn more about gann. cheers

Hi Pizzazz79
All you need is given in my posts. I do not suggest indicators. If you care indicator MoneyDeep, last update was made by brooky69 is this message. There on the bottom.

http://www.forexfactory.com/showthre...93#post5596693

The more I observe this chart, the more I like this indicator

See the major recent correction to the downsloping gann grid line? This was drawn from swing low of 4/16 and swing high of 4/20.

I would say by 4/23 one would've confidently been able to identify as 4/20 being a high (no pun intended lol)

not to mention piercing of the arc as an high and drastic trend change almost at the cycle line

Hi All,

I owe a debt of gratitude to one particular trader who has pursued me to understand the V4 indicator. Without his dogged persistence the following problem would never have been found. Interesting to see that Neuron's chart above exhibits the problem perfectly but it is a little talked about or known anomaly in MT4.

The issue lies with the different way that MT4 scales Arcs and Ellipses between 4 and 5 digit brokers. We are all aware of the point difference this cause re price, but certainly to myself ... and I can guarantee to many other coders not the scaling issue.

The effect is that as per Neurons chart above, if you are using a 5 digit broker, the arcs and ellipses are all squashed horizontally and extended far to the left and right. The same chart that Neuron has would appear totally different with the circles being round and squared correctly to the box. This of course makes a huge difference re Gann trading.

The solution has been found and I have added an automatic feature in this update so that irrespective of your broker, the arcs will/should display correctly.

I suggest the lights will suddenly go on for many traders who are using the indi on 5 digit brokers.

Another point that came out of my discussions with this trader was that people need to pay attention to the comments to achieve correct squareness. I have added the tpl of the chart below to help someone understand what settings are needed to achieve the result on chart. Other settings of course are square as well such as an 84 pip box height, 42 size cycle and Auto cycle of 2. It's just a question of ratios.

Place the tpl on AUDUSD H1 and have a look at the settings as a matter of interest.

The picture is on Oanda 5 Digit broker.

Cheers
Brooky

not sure what is right ...

Thanks for the update! I was wondering how the arcs work, previously I was using Murray math lines as price S/R targets


Right off the bat I can see previous price action meeting support/resistance at the arcs, interesting indeed...

Thank you for your great work.

eurusd forecast fulfilled

Hey Brooky,

Awesome job you did.

Just wondering whether I used it correctly.

Hi All,

It has come to my attention from aforementioned diligent trader who watches over me that the MoneyDeepLevelsAutoShadedV4.1.mq4 ( last version) indeed works much better re scaling, but has an issue with larger time frames. H4. Daily etc in displaying relevant timely arcs.

The reason for this is that the indi was originally designed with the 1 pip 1 bar squaring idea and other logic layered over that.

The above is not an issue in timeframes up to H1 where there are plenty of bars and most pullbacks measured are somewhere around the 100 - 200 pip range. The square simply expands to that amount of bars.

In Daily though, ranges over 1000 + are often measured and that means that one firstly needs a large amount of bars in Daily history, and the arcs can span many weeks ahead. Too much so in fact to feel confident about using these Daily levels or Arcs in analysis.

Therefore the indicator has been enhanced to offer scaling in the pips to bar area. This in essence means that you can square off a 1000 pip range over for eg a 100 bar time range and generate much tighter but perfectly squared Arcs that are much more relevant as opposed to the 1 to 1 scaling previously where you needed 1000 bars to square.

The actual amplitude of the arcs has been brought out of code as an option that should not need to be changed but gives one the ability too should one wish to.

You will see additions in the options as below. For larger tf's, just change the PipBarRatio option and everything else will/should :-) adjust. Comments have been enhanced to include this information.

extern string PipBarNote1 = "One means square to 1bar per pip";
extern string PipBarNote2 = "4 means square to 1 bar per 4 pips";
extern string PipBarNote3 = "Set 10 for Daily TF Recommended";
extern int PipBarRatio = 1;// Set to 10 as eg for daily.


Arc scaling that should NOT need to be changed.
extern string ScaleNote1 = "4 digit Brokers..EllipseScale = 1";
extern string ScaleNote2 = "4 digit Brokers..ArcScale = 1";
extern string ScaleNote3 = "5 digit Brokers..EllipseScale = 0.1";
extern string ScaleNote4 = "5 digit Brokers..ArcScale = 10";
extern string ScaleNote5 = "Can Custom Scale To Suit";

extern double SetEllipseScale = 0.1;
extern double SetArcScale = 10;

The indicator and a tpl on AUDUSD Daily are attached below so you can see how the settings can work.

The 1st example picture below shows what can be achieved in Daily now that was impossible before.

The 2nd example is of how the settings now could work in a projected Daily mode where we make the square incomplete ( therefore the Gray square hides to the left ) while the arcs and epicentre are projected forward.

You will also notice in the second picture that the cycles per square are set at 3 instead of the traditional 2 or 4.

I encourage traders to have two charts set the same tf's etc, but one with either the 2nd or 4th harmonic and the other with the 3rd or 5th harmonic.

It is a known natural occurance that these harmonic cycles will alternate as time progresses. You will find yourself with many more trading opportunities if you pay attention to which harmonic price is respecting at that point in time.

If you really want, you can add the minor 7th harmonic and you will have the majority of twists and turns, pullback's etc nailed that the market can offer. Confluence of these harmonics is as powerful as Fibonacci confluence, but in reality they are all tapping into the same Vibe.

Many possibilities are now available within the indicator and hopefully this last release should cater for most needs.

Cheers
Brooky

Thanks Brooky

Super duper. You are really amazing.

Hi all.

If someone is trading different instruments than Forex, there are settings that can be changed to display most of them into a tradeable format as the pip values can be extreme.

Just to help in case the settings are confusing some, I have attached two tpl's of H4 and Daily S&P_500 as a starting point to consider when setting your own charts that you can evaluate to see how the scaling etc options have been used and squaring is preserved.

Cheers
Brooky

EUR/USD: followed up the gann line until reaching arc resistance

AUD/USD: climbing up the line, let's see if it reaches resistance near 1.0175-1.0180

Gann PVS

Brooky is the AUDUSD template applicable to other currency pairs or is it limited to only AUDUSD...

Hi

The template was designed to show how to achieve certain scaling and I only used AUDUSD because it was open.

If you want to use the same settings on eg: H1 EURUSD, all you have to do is open your EURUSD chart and apply the AUDUSD template.

At that point it will make no sense at all because the control bar is set to AUDUSD prices.

Right click the chart and select Objects. Find the ControlBar object and select edit.
Just enter in some prices you can see on your chart to get the control bar on screen somewhere in front of you.

Then drag it to some relevant points and all the scaling etc of the AUDUSD template is intact.
Then save the template as EURUSD_H1 or so and you will not have to do it again.

Pics below of the change and the new EURUSD chart using the AUDUSD template.


Cheers
Brooky