Stock_Inshot

BB-Pivots-GANN-Levels-stockInshot

Hello everyone,
With help of open source WD gann codes, i combined this study with Bollinger band with entry & exit conditions.
For stock Selection you way chose fixed stock list .
These levels has been derived from daily WD GANN Astro Levels.

=== Rules ===
Long Entry Condition : Price must be above resistance line with Bollinger band blast will be the best entry . You may take the target with the help of this study.
Stop loss can be same candle low
Short Entry Condition : Price must be below support line with Bollinger band blast will be the best entry . You may take the target with the help of this study.
Stop loss can be same candle High

Please calculate the Risk Reward with the Future Target Price & Stop loss levels.

No Trading Zone Rules -
If price is in middle of support & Resistance .one way avoid such trades as it has been observed ,That most of the time stock goes sideways.

===Rules End ===
study has been kept open source for the understanding the concept.

Do your own Research with this study for better understanding with your trading style
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Comments

Thank you for your effort. There is only Bollinger in the script, and there is no resistance support. How do I add it?
Reply
Stock_Inshot BILLY1688
@BILLY1688, Hi billy
are you not able to see the green & red lines along with Bollinger band .if not go to setting and click on Display Gann ...
And scroll the chart a bit from right to left holding the click .you will get the levels of long short targets
Reply
BILLY1688 Stock_Inshot
@Stock_Inshot,thank you
Reply
Stock_Inshot BILLY1688
@BILLY1688, Welcome.
Note the Gann Levels will not be plotted on Forex charts
Reply
BILLY1688 Stock_Inshot
@Stock_Inshot,Thank you very much for reminding! If I want to use it in the cryptocurrency market, how should I adjust it? Do you have any suggestions?
Reply
Stock_Inshot BILLY1688
@BILLY1688,
Hello , As these Gann Settings calculate OHLC of a whole day candle price movement so it plots advance levels for next day with targets ,and in forex its weekly closing so not able to plot the level. for forex will develop another study soon.
Reply
BILLY1688 Stock_Inshot
@Stock_Inshot,Okay, thank you very much looking forward to the next important result!
Reply
Stock_Inshot BILLY1688
@BILLY1688,
Welcome Happy to help .
Reply