Gann Square 9 for Bursa Malaysia

"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 :)

Nota Keluaran:

- update to RM6 -

Nota Keluaran:

- update label -

Nota Keluaran:

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

Nota Keluaran:

- Minor changes : Change Info Panel Location

Nota Keluaran:

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 😎

Nota Keluaran:

- 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

Nota Keluaran:

Minor Adjustment :
Solid Line = Stronger Resistance/Support
Dashed Line = Resistance/Support