OPEN-SOURCE SCRIPT
更新済 Gann Price Vibrations
Currently there is no Script available for drawing Price Vibrations based on Gann theory. I have attempted to fill this gap. This indicator will draw Cycle lines based on Gann Theory. This is vey basic one. It draws lines at start/end of every cycle. One cycle is 360 degrees. Based on feedback, it will be upgraded further with lower Angles 90/180/270 degrees movement.
How to use it ? Once you load the indicator on the chart, edit settings and give current market price of Stock you are watching.
Example: If you are watching Reliance share price on chart, go to indicators/Public/Gann Price Vibrations. Once indicator is loaded, edit input Price as 2200. Then indicator will draw cycle lines.
How to trade ? Generally, it is assumed that stock prices move in cycles. Prices spend more time near these lines. So, if you find UP or Down breakout from cycle lines, take entry. For Long trade, Target is next upper line and stop loss is one line below. Similarly, for short trade, Target is next below line and stop loss is upper line. Just notice, how RIL is moving exactly within these cycles.
If you want to study historical charts, you need to enter Price value closer to that date.
Please Like it/Share it
How to use it ? Once you load the indicator on the chart, edit settings and give current market price of Stock you are watching.
Example: If you are watching Reliance share price on chart, go to indicators/Public/Gann Price Vibrations. Once indicator is loaded, edit input Price as 2200. Then indicator will draw cycle lines.
How to trade ? Generally, it is assumed that stock prices move in cycles. Prices spend more time near these lines. So, if you find UP or Down breakout from cycle lines, take entry. For Long trade, Target is next upper line and stop loss is one line below. Similarly, for short trade, Target is next below line and stop loss is upper line. Just notice, how RIL is moving exactly within these cycles.
If you want to study historical charts, you need to enter Price value closer to that date.
Please Like it/Share it
リリースノート
Updated Half cycles. (Maroon color lines)オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。