Forex WD Gann Percentage MT4 Indicator:
About the Forex WD Gann Percentage MT4 Indicator
WD Gann Percentage changes is one of finest concept to analyze Market retracements, pullback and HIGH/LOW in percentage like – 3.125,6.25,12.5,25,33.3,50,66.6….
Which is highly recommended in WD GANN methods once we find out stocks price vibration & percentage move,we can easily predict High/Low Reversals of any market.
A UNIQUE WD GANN CONCEPT OF PRICE PERCENTAGES/DIVIDER WHICH IS EXACTLY CALCULATED BY PRICE ITS NOT BASED ON FIBONACCI WHICH IS COMMONLY USED BY TRADERS.
WORKS FOR INTRA DAY 15 MIN,30MIN, H1,H4 & DAILY WEEKLY MONTHLY JUST NEED TO ADJUST PRICE DIVIDER VALUE INPUT.
Price Divider=256; (Basic divider Weekly,Daily,H4,H1,30M,15M & 5M is 32,64,128,256,512,1024 or try you own )
Levels Count=7, (to increase decrease number of lines)
Line Length Bars=10;( length of line extended right side)
Rising Percents Color=Blue,
Falling Percents Color=Red;
Buttons Borders Color=Dark Blue;
Text Color=Dark Slate Gray;
Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)