Hud_Hud

Gann Square 9 for Bursa Malaysia

Hud_Hud Updated   
"The Square of nine or Gann Square or Master Chart is also known as the square root calculator and finds it basis from Gann's methods which is squaring price and time. The square of 9 is a spiral of numbers with the initial value "1" starting off at the center. Starting from this central value, the number is increased as we move in a spiral form and in a clockwise direction. According some experts, each cell in Gann’s square of nine represents a point of vibration" - from iSaham website

- Based on Gann Square 9 Table
- Lines act as Support and Resistance
- Lines can also be used as guide for Take Profit or Cut Loss level
- Indicator will plot 8 nearest lines at current price.

Generally, trade will refer :
- Red Line - Stronger Support and Resistance
- Blue Line - Support and Resistance


Notes :
Only suitable for Bursa Malaysia stocks
Currently lines only cover price below RM5

Please pm me if you interested to use :)
Release Notes:
- update to RM6 -
Release Notes:
- update label -
Release Notes:
Added Info Panel :

i. Current Price ( CP )
ii. Risk = CP - Gann Support
ii. Reward = Resistance - CP

Info Panel can be turn on or off at Indicator Setting
Release Notes:
- Minor changes : Change Info Panel Location
Release Notes:
Added Table with new features :
i.- Automatic Calculation of Risk Reward Ratio based on Gann Lines and current price
ii- Table will display the next resistance and closet Support
iii- Table Color will match Gann Square color ( blue = less strong Support/Resistance) and Red = stronger Support/Resistance
iv- If RRR is good = Table info will display the message "Good RRR" and if RRR is lower than Reward = will display message "Bad RRR"

- Thanks 😎
Release Notes:
- Updated with a more simplified and clean look.
- It displays Gann's support and resistance and Reward/Risk value inside the bracket
- Users have the choice to select color for text

Thanks
Release Notes:
Minor Adjustment :
Solid Line = Stronger Resistance/Support
Dashed Line = Resistance/Support

Telegram : @HudHudAlert
Telegram Channel : t.me/HudHudAlert
TV Indicator : my.tradingview.com/u/Hud_Hud/
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Hud_Hud for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

Please pm if you want to subscribe this indicator

Want to use this script on a chart?

Warning: please read before requesting access.