shubhampanchal

Gann Breakout

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Everything here is for educational purpose. Kindly trade at your own risk.

• This indicator is based on Gann level .
• It is used only for intraday trading in Banknifty .
• Prefer Time frame would be 5mins/10mins/15mins. according to your risk ratio.

• Trade after 9:40am let market gets settle.
• Look for the breakout of the Green(for buy entry) and Red(for sell entry) line for entry.
• Price action also required as targets are more than 100 points. Set your targets and trade on breakout.

You will notice that candles are retracing on the targets line because those targets are gann imp levels.
So if target 1 breaks you can trail your SL till next target.

Trade safe !!

thank you for using the indicator.


Any more ideas to make this indicator more powerful please let me know.

Suggestion are always welcome !!!
Release Notes: UNDER MAINTENANCE
Release Notes: UNDER MAINTENANCE
Release Notes: UNDER MAINTENANCE
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Comments

I can see under setting two BUY.I think one should be sell.Just check.
+8 Reply
Is it based on 15 min opening range breakout ?
+3 Reply
shubhampanchal Jannfaiz88
@Jannfaiz88, nope...it on gann levels.
+2 Reply
Hi Shubham Why it is showing under maintenance from past few days ????
Is there any issue ???
Reply
Good work bro. It is working great.
Reply
Hi Shubham,
It is really helpful for me in my intraday trades in BankNifty. Thank you.
Is it possible to optimize the indicator for CrudeOil? or is it possible to share the script (pine)?
Reply
@phulekv, i have made indicator and kept for free use. But still people asking for script don't know y.I think people don't have value of free things lol .
Reply
phulekv shubhampanchal
@shubhampanchal, Thanks for your reply. It is definitely valuable work you did as I already mentioned. I'm trying to learn pine scripting and thought to use your code to work on crudeoil. It is fine if you cannot share your code but don't think that there is no value for free things. Indicator is really useful for me.
Reply
@phulekv, thanks bro for appreciating my work. this code will not work on crude oil. i am working on that too. don't worry will post soon when done.
Reply
prashantmane shubhampanchal
@shubhampanchal, hi shibham very helpful indicator....but now its showing under maintenance...can u help
Reply
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