Wednesday, November 7, 2018

Gann Swing Detector

Gann Swing Detector


Indicator allows you to build on the chart one bar, and dvuhbarovye trehbarovye Gann swings, which are an excellent tool to get rid of noise and more clearly see the movement of the market.


It works on any time frame, in addition allows you to build swings from one timeframe to another, which makes it possible to carry out more in-depth analysis of the market.




settings (Given in default brackets):



  • Number of bars (two) - draw one bar, or dvuhbarovye trehbarovye swings.

  • Modification for external bars (on closing) - determines the behavior at the external bars (ie bars, high is higher than the previous high and low is lower than the previous low). «On first breakout» considers that were killed before: high or low, and «on closing» takes into account the closing price on the opening price. For new bars «On first breakout» will redraw the current swing every tick, and «on closing» only after the closing of a new bar.

  • Bar history (1000) - how many bars of stories for the selected timeframe will be drawn swings.

  • Time frame (current) - in what timeframe will be built swings.

  • Up line color (maroon) - the color of the swing up.

  • Down line color (teal) - the color of the swing down.

  • Line width (2) - line thickness.


Gann Swing Detector

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