If you don’t know what these are, studies of Gann have been used by several traders for quite a lot of decades now. So even though stock markets and futures are rapidly changing, it is a well-known method to determine the direction of an asset. 

For example, the latest trading areas, the market of foreign exchange, and the arrival of exchange-traded funds, a.k.a ETFs, are making sure an investor understands the application concepts and trading rules. Thus, although the ground-level rules of angles of Gann are still the same, you get a great level of knowledge about the reason behind changes in price levels in this article. You also get to know how volatility has made adjusting a few components essential.

What is Gann Theory?

Gann’s theory represents geometric technical analysis in trading based on Gann fan angles. Angles are mathematically calculated using the price, price range, time as inputs. Gann’s theory analyzes trading markets’ cyclical nature, and it was created by trader William Delbert Gann.

The angles working behind this theory are a trendy tool for trading and analysis, measuring important elements such as price, time, and pattern. A topic that’s always a talk amongst technical analysts – the point behind the past, present, and future, together are signified as one under an angle. 

As one analyzes or trades the course under one specified market, the traders and analysts aim to set an ideology of its whereabouts, terms with the old top or bottom, and use the information to witness the future price action beforehand. 

Trendlines vs. Gann Angles

Keeping all of the trading angles of Gann available aside, drawing the angles for trading along with forecasting is still one of the most used tools for analysis amongst traders. Several traders believe in drawing these on charts by themselves, and some even use packages of technical analysis that are computerized to view these on a screen. However, considering how easy it has become for traders of this era to put these angles on a chart, many traders do not consider the requirement to understand the how, why, and when would be the correct time to use them. Furthermore, these angles are compared with trendlines at certain times, whilst many people also know that these two aren’t the same. 

An angle of Gann basically refers to a diagonal line moving across at a stable speed. Whereas trendlines are created with continuous connecting of bottoms with bottoms if there’s a situation of the uptrend and connecting tops with tops in case there is a downtrend. An advantage to going for an angle of Gann rather than a trendline is that the speed of movement is uniform. With this, analysts get the benefit of foreseeing the situation of the price on a respective date in the near time. Truly the Gann time analysis works fabulously and provides detailed insights to all the traders. 

But, all of this information still doesn’t mean that the prediction of these angles will always identify the exact future of the market. Though, analysts will very well know the status of the angle of Gann, enforcing the right direction and strength towards the trend. At the same time, trendlines have a great value of prediction, which is often stripped off due to constant adjustments, and lack of trust in making forecasts for long terms. 

Once stated above in this article, the major concept to keep in mind when you decide to work with angles of Gann is to know that the old, the present, and what’s ahead is present at the very same time on these angles. With this clearly understood, angles of Gann are great to be used for forecasting the strength, resistance, and support of both the timing of the bottoms & tops and understanding the direction. 

Do Gann Angles Provide Resistance and Support?

Putting Gann’s angles to predict resistance and support is one of the most common ways to operate such angles. For example, after an analyst identifies the correct period of time to perform trading (daily, weekly, monthly) whilst particularly scaling these charts, a trader can easily draw three important angles: 2X1, 1X2, and 1X1, both the top section and bottom as well. With this technique, it is easier to frame a market, permitting analysts to view and go through the exact market movement with the Gann box indicator. 

Angles that are trending up help attain support, whereas angles that are down-trending can provide greater resistance. As analysts are aware of the angle on the chart, it is easier for them to identify the right time for selling over resistance or buying over support. 

Such a trader must even take note of the rotation of the market from one angle to another. Thus, the cycle is very recognized as the basic functioning rule amongst all angles. Also, it explains how if the market has to break a particular angle, moving towards the next one becomes crucial.  

Also, another way to identify the resistance and support is to bring horizontal lines and angles together. For instance, down-trending can even lead to a retracement level by 50 percent under a Gann angle. Such a mix helps to stabilize an important point of resistance. With this, the section becomes a supporting key point. In the case of a chart that’s functioning for the long term, several angles coming along under a similar price will be clearly visible. Such sightings are known and considered price clusters. As the number of angles comes along, forming a cluster under one zone, the importance of resistance and support arises. 

Gann 50 rule

Gann 50 rule shows that an asset will retrace 50% of its range in 50% of the amount of time that it took to establish the range. For example, if EURUSD for 100 days went from 1.3 to 1.32 then it will take  50 days to retrace to 1.31.

How to use Gann fan in forex?

Gann fan represents series of lines with angles. Angles help traders to define the direction of the trend and how the trend is strong. If the price is trading above the 1:1 (45 degrees) angle it means the trend is strong while below 45 degrees is weak.

The first and foremost angles of Gann are 1X1, 2X1, and 1X2. 1X1 explains the angle shifting one-time unit with one price unit. In the case of 2X1, angle shifts two-time units with one price unit. Lastly, the 1X2 signifies that angle shifts a single price unit with each of two-time units.

We can present angles with degrees too. For example, the most important Gann fan angles are 45 degrees (the most important), then 82.5, 75, 71.25, 63.75, 26.25, 18.75, 15, and 7.5 degrees.

With the very same formulation, the angles also hold the potential of 1X4, 1X8, 8X1, and 4X1.

What is Gann square?

Gann square represents 9×9 grid spiral squares (spiral of numbers) where the initial number increases and moves in a spiral form and a clockwise direction. The idea is to calculate the square root from time and price and make a visual representation.

It is important to have a typical scale for this particular form of analysis. Gann aimed to establish a proper squared relationship; therefore, a scale and chart paper were two crucial materials to execute this technique. As the charts were square-shaped, often angles that are 1X1 are considered resembling 45 degree-angles. Hence to make one, you can take hold of these degrees, but only if the chart is well scaled. 

Angles don’t just display resistance and support; these are also great in assisting analysts regarding the market strength. For example, with the Gann analysis forex, trading just on the spot or a bit upwards from a 1X1 angle that is up-trending signifies the right balance of the market. 

On the stage where the market trades upon or a bit higher than an up-trending 2X1 angle, it signifies that the uptrend is strong. Whereas if someone trades over 1X2 or somewhere nearby, consider the market is not strongly holding up. When you look at the market’s condition from top to bottom, you’ll notice the strength moves under reverse once looked upon. In simpler terms, every angle coming under 1X1 displays the market’s weak situation. 

How to use Gann Box?

Gann Boxes are drawn from Major Pivot Lows or Highs and represent the application of Gann squares. You can use them in trading to determine breakout positions. We created Gann Box – Gann Square strategy indicator, which determines breakout points.

Download Gann indicator MT4 and Gann box indicator

Download Gann square indicator Mt4 with Gann degree mt4 indicator (Gann box indicator on the chart)

Gann open breakout is a breakout arrow that shows when you can enter into trade. Using this indicator above you can see on the chart Gann open breakout price levels.

What is Gann Square’s strategy?

The Gann square’s strategy implies using a 9×9 grid (spiral of numbers) to calculate square root from time and price and forecast future prices high or low. Gann theory and square root theory assume that the magnitude of asset volatility is directly related to its price.

Gann price and time trading

Using the indicator above, we can forecast breakout points and monitor Gann price and time trading. Gann indicator calculates the square root from time and price and visualizes the MT4 chart.

It is easier to determine different time zones and the likeliness of the market to shift into directions with the mathematical technique of squaring. A simple point behind this is to witness directional changes every time the market reaches an equal time unit or ups and downs.  

Daily charts feature quite a lot of ranges, shifting top to bottom for analysis; therefore, the timing indicators are seen working better on weekly and monthly charts. Just as the price action, time tools are visible, functioning better once brought together or clustered along with different time indicators. 

Conclusion

If you’re thinking about using a Gann box, understand that angles of Gann are beneficial for traders only if operated correctly. With a fresh mindset, if you consider the old, the present, and the new, all present on an angle simultaneously, you will analyze the market every time, without fail accurately. 

Getting the characteristics in your mind of the market considering volatility, scaling of prices, and movement of the market under the framework of angles of Gann will help bolster up your skills in terms of analytics. 

John Carter from Trade the Markets (at present known as Simple Trading) created  TTM Squeeze is a momentum and volatility indicator that takes advantage of price’s tendency to change violently after combining in a narrow trading range.

What is the TTM Squeeze indicator?

A TTM Squeeze represents a trading indicator based on volatility measure that uses Keltner Channels and Bollinger Bands to gauge price compression. Squeeze implies a moment when the Keltner Channels entirely encircle Bollinger Bands during a  time of extremely low volatility.

The squeeze is considered to have “fired” when the Bollinger Bands move back and enlarge outdoors of the Keltner Channel; prices are probable to break out of that close-fitting trading choice in one path or the other as volatility rises. Small points on the zero lines of the pointer indicate whether the squeeze is on or off: red dots show that the congestion is on, and green dots show that the congestion is off.

When the TTM Squeeze pointer fires, it also utilizes a motion oscillator to display the expected path of the move. This histogram wavers near the zero lines; rising momentum beyond the zero lines indicates a buying opportunity, while decreasing momentum under the zero lines indicates a selling opportunity.

Below is MT4 variation of indicator:

Download TTM Squezze for MT4

How Can You Calculate TTM Squeeze?

The squeeze on and off dots and the motion histogram are the two modules of the TTM Squeeze pointers to compute.

Calculate the Bollinger Bands on behalf of security first. Carter utilizes the usual Bollinger Band sets of 2 standard aberrations and 20 periods, but you can change these to suit your trading requirements.

Second, determine the security’s Keltner Channels. Carter utilizes a 20-period touching average and ATR, as well as a 1.5-period ATR multiplier, although these values can be changed.

Note: Carter calculated the Keltner Channels for the TTM Squeeze indicator using the unique Keltner Channels method established in 1960 by Chester W. Keltner. The modified Keltner Channels model was created in 1980 by Linda Raschke.

 The formula for identifying the squeeze condition is easy once the lower and upper Keltner Channels and Bollinger Bands have been computed. Then, the squeeze is on for that period if both of the subsequent situations are true:

 Upper Bollinger Band < Upper Keltner Channel

Lower Bollinger Band > Lower Keltner Channel

If one or the other Bollinger Bands trades outside of the Keltner Channel, the squeeze is off for a time.

Momentum Histogram

A curved momentum oscillator is also included in the TTM Squeeze indicator to highlight the breakout’s likely direction. The momentum oscillator is created using the methods below in StockCharts’ enactment of TTM Squeeze.

Analyze the Donchian midline for the offer total amount of momentum time (default is 20):

(lowest low in 20 periods + Highest high in 20 periods ) / 2

Second, calculate the SMA of the closing (so by evasion, a 20-time SMA of rates) for the total amount of momentum time.

Third, using the formula below, calculate the outlet between the average and close of a Donchian SMA and midline values:

Close – ( (Donchian midline + SMA) / 2 )

Finally, smooth the delta price using linear regression. Although the method for linear reversion is outside the choice of this essay, it effectively seeks out the “best fit” line given the feasible information. The values of the motion histogram indicate how much below or above the average the value is likely to move.

Interpretation

Both momentum and volatility are included in a TTM Squeeze indicator. The Squeeze dots show when volatility circumstances are favorable for buying; the motion histogram suggests whether to trade long or short.

The motion histogram aids in determining which direction to trading. If the momentum is beyond and rising the zero lines (light blue slabs), purchase long; if the momentum is falling and under the zero lines (dark red bars), short.

The motion bars are color-coded to make them easier to understand. Blue bars appear beyond the zero lines, whereas red bars appear under the zero line. A poorer bar than the preceding bar is a darker color (darker red or darker blue ), while a more advanced bar than the preceding bar is a lighter color (lighter red or light blue).

Later a squeeze fires. Price swings usually last 8-10 bars. Once the histogram reverses its orientation and begins to fall rear towards the zero lines, it’s time to sell.

The motion histogram can be utilized to pinpoint precise exit sites as well. When you have two bars of the latest color, Carter suggests selling. If a squeeze occurs and the bars are blue (increasing and above the zero lines), he suggests selling when two brighter blue bars (above the zero lines and decreasing) appear in succession.

The TTM Squeeze pointers apply to a wide range of timeframes. For validation, many characteristics appear at the same safety in different time frames. A squeeze that fires on both an hourly and daily chart simultaneously, for example, is a stronger signal than one that fires on one period.

Conclusion

The TTM Squeeze pointer tracks both momentum and volatility to identify trade opportunities based on security volatility changes. After times of low volatility, the indicator’s volatility component (the squeeze dots) predicts potential breakouts. The motion histogram indicates the breakout’s anticipated direction, which can aid in determining exit spots.

Traders should utilize the TTM Squeeze pointer in combination with different analysis and indicators methodologies, as they should with all indicators.

The indicator defaults to basic original Keltner Channel and Bollinger Band settings, as well as a 20-time motion histogram. Still, you can change the number of other and periods settings to suit your technical needs.

What is TDI?

Traders Dynamic Index Indicator represents an oscillator indicator that combines Relative Strength Index, RSI moving averages, Bollinger volatility bands in one indicator. At the same time, the TDI hybrid indicator measures trend direction, market strength, and market volatility.

The TDI Dynamic Index Indicator is a powerful and comprehensive tool that makes trading easier. It uses Relative Strength Index (RSI), Moving Averages (MA), and Bollinger Bands-based volatility and offers a more condensed manner, allowing Traders to see the full picture of the Forex market situation. The TDI indicator can use both visual and sound alerts. You can find this indicator of cTrader, MT4, and MT5 platforms.

Download Traders Dynamic Index Indicator

Below you can download Traders Dynamic Index Indicator in ex4 format. This indicator is created for the MT4 platform.

Download Traders Dynamic Index Indicator

How to use Traders Dynamic Index Indicator?

TDI lines on the chart are presented as:

• The green line represents the RSI Price line
• The Red-line represents the Trade Signal line
• Blue lines are Volatility Bands
• The yellow line represents Market Base Line

When the Green-line is over the Red Line, then we have a rising trend. When the Red-line is over the Green Line, then we have a downtrend.

When the price bounces off the Yellow line, we have a market reversal. Market strength is defined as strong, weak, and moderate. When the Blue lines are extremely tight in a narrow range, expect an economic announcement or other market condition to spike the market.

TDI Trading Strategy

Scalping – Long = Green over Red, Short = Red over Green
Active – Long = Green over Red & Yellow lines
Short = Red over Green & Yellow lines
Moderate – Long = Green over Red, Yellow, & 50 lines
Short= Red over Green, Green below Yellow & 50 line

Exit conditions

Long = Green crosses below Red
Short = Green crosses above Red
If Green crosses either Blue lines, consider exiting when
when the Greenline crosses back over the Blue line.

RSI Price settings

0 = Close price [DEFAULT]
1 = Open price.
2 = High price.
3 = Low price.
4 = Median price, (high+low)/2.
5 = Typical price, (high+low+close)/3.
6 = Weighted close price, (high+low+close+close)/4.

Signal Line Type settings

0 = Simple moving average [DEFAULT]
1 = Exponential moving average
2 = Smoothed moving average
3 = Linear weighted moving average

How to hide stop loss from a broker?

To hide stop loss from an MT4 broker or any user who can watch your terminal and chart, you can use Script or Expert Advisor. The idea is to open wished trade, activate EA on the chart, and then set in wished hidden stop loss and target.

Hidden SL and TP act as a free EA or expert advisor for MT4, also known as MetaTrader 4 stage. One can cover take-profit and the stop loss with this EA. Risk regulation through the take-profit and the stop-loss is vital to be beneficial. Chasing your stop-loss is considered a filthy practice that occurs with some Forex representatives.
Generally, a vindictive intermediary or broker would “control” the cost to hit your stop-loss and shun your order. But this can be easily escaped by utilizing the EA for MT4. Consequently, the stop and target can be hidden from the brokers efficiently. Let’s comprehend how one can use the MetaTrader 4 platform for the same.

Download Hidden stop  loss script (Hidden Stop Loss and Take Profit EA)

Download hidden stop loss EA

Some brokers can use a trick known as “stop-loss hunting.” This includes controlling the order’s price (which cannot be triggered by normal price otherwise) to hit the stop-loss.

All brokers do not adopt the trick as it is illicit in many purviews. But it is not as rare as one may think, and some wicked brokers leverage weak laws to adopt this practice. But this “stop-loss-hunting” can only be done if the stop-loss order for the exchange is visible to the dealers.

One approach to escaping from this dubious practice is to shroud the stop-loss from the intermediaries. There are 2 significant ways to achieve the following:

• Keep your stop-loss properly comprehend and trigger it only when the price reaches a certain point.
•  Leverage the EA that screens the price and triggers the conclusion of the order as soon as the stop-loss hits.

SL and TP, an expert advisor, provide a facility for setting the take-profit and the stop-loss values and keeping order secret from the specific trading servers leaving less scope for any unethical practices to become practical. 

The take-profit and stop-loss are accessible to EA but are not saved in the MetaTrader4. Thus, the intermediaries won’t know about the set levels of stop-loss and take-profit. It’s a win-win for both parties.

Thereby, hidden SL and TP EA have enough alternatives to design it, and apparently, it is not difficult to utilize.

Features of MetaTrader4 hidden SL and TP EA 

IMPORTANT: Stop loss and target are in points!!!!

Before any use, test on the demo account!

Take-profit EA and hidden stop-loss have numerous significant highlights that assist one in accomplishing the trading objectives. 

• Secret Stop-loss and Take-Profit 

The take-profit and the stop loss esteem that one sets the order values using its input guidelines that are not apparent to the brokers. One can set take-profit and stop-loss as a distance from the deal’s open price.

• Segregating 

One can choose to apply the take-profit and the stop-loss by the magic number that applies only to similar orders. Additionally, the orders can be segregated depending on the commentary and trade direction. 

This permits similar guidelines to every one of the orders. 

• Auto Close 

When the take-profit or the stop-loss is hit, the EA will cancel the order to save filthy happenings.  

• Notification settings

One can enable the notifications for times when the order is shut. 

How to Get the hidden SL and TP EA

You can easily install hidden SL and TP EA. Several links are available but always choose a trusted source.

The software is easy to install and adapt. All the important the take-profit and the stop-loss parameters can be successfully set efficiently without any specific expertise’s requirement.  

To ensure its seamless functioning, keep the live trading tab open in the common tab and the local menu of the platform while integrating EA to make sure it takes up the open orders.

Install MT4 hidden SL and TP EA in 5 easy steps

• Download the archive file of the expert advisor

• Click on the downloaded file and then open the data folder. You will reach MT4’s data file. 

• Click on the data folder of MQL4. Copy EA with extension “ex4”  into the Expert folder.
  

• Go to the archives file and duplicate all the folders to the MQL4 folder. 

• Restart the MT4 and refresh the EA’s list. This can be done via the navigator sub-window of MT4.

Conclusion 

Save yourself from intermediaries and their filthy tricks. Save the stop-loss by escaping the broker’s illegitimate practices. Leverage the MT4 expert advisor and save yourself from trading cheaters.