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Gann Square Root by Thamizhan
It is by far the simplest on chart presentation of Gann square & Cubic square calculation. It calculates the levels based on opening candle first 15mints high and low closing. These levels usually act as support and resistance. Also it may provide the proper support and resistance levels with maximum 3 tier of cycles.
How to use this indicator,?
Firstly, choose the current trading date, also choose the time starts the script on the selected day.
for example, XAUUSD as per IST 3.30am select the time,
Rest automatically draw the cyclic SR lines and will show the resistance and support,,,,,,,,
As per my view first 15mint above market is Bullish.,,, wiseversa bearish.......
The idea of using is to provide a confirmation of a change in trend.
How to use this indicator,?
Firstly, choose the current trading date, also choose the time starts the script on the selected day.
for example, XAUUSD as per IST 3.30am select the time,
Rest automatically draw the cyclic SR lines and will show the resistance and support,,,,,,,,
As per my view first 15mint above market is Bullish.,,, wiseversa bearish.......
The idea of using is to provide a confirmation of a change in trend.
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