OPEN-SOURCE SCRIPT
Tycoon Gann
Currently this script will work for the stocks and futures price trading in between 1000 - 100000. In our future update we will add another feature that will give you access to all the price digit stocks futures and currencies too .
This is purely based on a secret method of Tycoon Infotek as a research of GANN levels we found in our experience these WD GANN Trend angle based calculations giving us some important hints to watch . Degree offset from previous close price add 90 degree to calculate resistance and substract 90 to get resistance levels . green color dots denotes buying pressure zone and red color denotes selling pressure zones . yellow line indicates neutral sign
These levels not only shows us the Support and resistance . It clearly intimate us the strength of selling and buying pressure naturally occurred once the price reaches the zones.
This is purely based on a secret method of Tycoon Infotek as a research of GANN levels we found in our experience these WD GANN Trend angle based calculations giving us some important hints to watch . Degree offset from previous close price add 90 degree to calculate resistance and substract 90 to get resistance levels . green color dots denotes buying pressure zone and red color denotes selling pressure zones . yellow line indicates neutral sign
These levels not only shows us the Support and resistance . It clearly intimate us the strength of selling and buying pressure naturally occurred once the price reaches the zones.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.