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OPEN-SOURCE SCRIPT

Dynamic GANN Square Of 9 Bands

10 921
Dynamic GANN Square Of 9 Bands
Created on 3 Sept 2023

Adjust Increment Value:
  • Customize increment to match symbol and price characteristics for accuracy.


Green Line:
  • 200 EMA. Identifies trend direction; moves with the prevailing trend.


Red Lines:
  • Mark prominent reversal levels closer to the red range; ideal for mean reversion strategies.
  • Crossing red levels may indicate trend continuation to the next red level.


Grey Lines:
  • Show immediate target reversal levels; watch for potential reversals.


Key Features:
  • Levels are different from Standard Deviation Lines.
  • Levels remain fixed and parallel, unaffected by volatility.
  • Despite its dynamism, it can serve as a leading indicator, revealing potential trend changes.
  • Primarily designed for trend-following strategies.


Additional Tips:
  • Use additional confirmations
  • Manage predefined risk and quantity


Additional Resources:
GANN Square Of 9 Pivots:
GANN Square Of 9 Pivots

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.

For quick access on a chart, add this script to your favorites — learn more here.

Arun_K_Bhaskar
Bands and ChannelsdynamicganngannbandgannchannelgannlevelsgannsqauregannsquareofninemeanreversionMoving AveragesTrend Analysistrendfollowing

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.
Bands and ChannelsdynamicganngannbandgannchannelgannlevelsgannsqauregannsquareofninemeanreversionMoving AveragesTrend Analysistrendfollowing

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.

For quick access on a chart, add this script to your favorites — learn more here.

Arun_K_Bhaskar

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.