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dds_analytics
Jun 14, 2020 8:07 AM

DDS GANN LEVELS v1.0 

Nifty Bank IndexNSE

Description

This is the script to provide you Gann Levels between High and Low range from given zeo price levels.

First set the Zero Degree price level in input,then set the high low average.

The 360 degree levels positive and negative side will be plotted from the given price level.

Thanks, hope you like the script, all suggestions will be welcome

Release Notes

This is the script to provide you Gann Levels between High and Low range from given zeo price levels.

First set the Zero Degree price level in input,then set the high low average.

The 360 degree levels positive and negative side will be plotted from the given price level.

Thanks, hope you like the script, all suggestions will be welcome

Updated colors and Range issue in this script

Release Notes

Updated minor glitches.

Do your own studies and take expert advice with expert before taking any trade or investment.

This levels are just for training, its do not provide any buy or sell indication, take trades at your own risk only.

Release Notes

I have updated the glitches in the script for values not getting changed for lines.

Changes in inputs:
offset- here you can specify up-to which new candles you want to plot the line

I am not suggesting any specific price or timing of selecting the price or range. Decide price and range according to your study and expertise to plot the lines.

This is just a simple script which plots the 15 lines total seven lines above the specified price and seven lines below the specified price and one at specified price line based on the range provided.

This script is mainly for educational purpose only and not intended for taking any trade. Any trade taken will be at your own risk only.
Comments
shabarishmohan
what range do you suggest for Nifty50 ...?
shubhu131313
@shabarishmohan, yess anyone please reply
tmayur21
@shabarishmohan, For Nifty 50, use 1st 3 min candle closing price as zero degree price. Try range of 350.
bulfoxin
@shabarishmohan,150 to 450 according to chart 1min 15min 1h
Nurulamin572
@shabarishmohan, select resent high or low in day time frame as zero value.
vmarkan
@dds_analytics
Thank you for the great work, Very Useful Indicator.
can you help us how to predict what range to add for the stock, like if you can give an example for HDFC, INDIGO?
I tried to add a range 10 & 100. For the BNF range will remain 1000 only or will change?
Ragavendra
@vmarkan93, one easy method is ADR (Average Daily Range)
kapu369
PNBAKSHI
As i am a day trader,which price range should be use,either daily, monthly, or weekly
PNBAKSHI
For intraday trade
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