Gann's Square Of Nine (Support / Resistance Lines)

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Gann's Square Of Nine (Support / Resistance Lines)

Postby Apprentice » Sun Nov 21, 2010 8:40 am

Gann's Square Of Nine Bug.png

Prime Numbers Mode
A prime number (or a prime) is a natural number that has exactly two distinct natural number divisors: 1 and itself.
Prime Numbers {2, 3, 5, 7, 11, 13, 17, 19, 23, 29, 31, 37, 41, 43, 47, 53, 59, 61, 67, 71, 73, 79, 83, 89, 97...}

This indicator, generating a line of support, resistance,based on prime numbers.

The basis is the minimum, for period, from first to last.
The lines of resistance, support, we get if we multiplie the prime numbers by a defined step.

Gann's Square Of Nine Mode

Price respect Gann's Square Of Nine Support / Resistance Lines.
Gann.PNG


0={6,19, 40, 69, 106, 151, 204, 265, 334};
45={5, 17, 37, 65, 101, 145, 197, 256, 325};
90={316, 249, 190, 139, 96, 61, 34, 15, 4};
135={3, 13, 31, 57, 91, 133, 183, 241, 307};
180={298, 233, 176, 127, 86, 53, 28, 11, 2};
230={9, 25, 49, 81, 121, 169, 225, 289, 361};
270={8, 23, 46, 77, 116, 163, 218, 281, 352};
315={7, 21, 43, 73, 111, 157, 211, 273, 343};

Support and Resistance line calculation.
To local minum add the product between the index and user defined step.
Gann's Square Of Nine.lua
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Update 12.5.2010.
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Re: Gann's Square Of Nine

Postby sabrumea » Sun Nov 21, 2010 9:31 am

:)) thank you Apprentice, niiiiiiiice.. i have just put it on my chart and if you adjust the step to cater for each currency pair it does look great :) it to use it in conjunction with other Gann's tools i think it has a potential to produce a good result!!! :D
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Re: Gann's Square Of Nine (Support / Resistance Lines)

Postby Apprentice » Sun Nov 21, 2010 2:15 pm

Update.
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Re: Gann's Square Of Nine (Support / Resistance Lines)

Postby sabrumea » Sun Nov 21, 2010 10:51 pm

yahoo :D :) thank you! thank you!
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Re: Gann's Square Of Nine (Support / Resistance Lines)

Postby Jigit Jigit » Thu Mar 31, 2011 7:22 pm

Hi,
Can someone, please, explain how to determine the "step"?

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Re: Gann's Square Of Nine (Support / Resistance Lines)

Postby Apprentice » Fri Apr 01, 2011 12:07 am

Basic Formula of Gann's Square Of Nine lines is
Period Low + Axis Prime Number *Step (in Pips)

Adjustment of Step parameter the user can adjust the indicators to the actual price action.
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Re: Gann's Square Of Nine (Support / Resistance Lines)

Postby Jigit Jigit » Fri Apr 01, 2011 1:02 pm

Thank you Apprentice.
But could you, please, explain what this "step" actually is?
Is it an average pip range in a given period?
Do I have to manually modify it when the price doesn't seem to respect S/R lines?

I know it must be pretty basic stuff, but I would appreciate if you explained that.
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Re: Gann's Square Of Nine (Support / Resistance Lines)

Postby Trader1 » Thu Sep 01, 2011 8:05 pm

very interesting indicator,
Im glad someone can think a little out of the box:)
thanks for your great work
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Re: Gann's Square Of Nine (Support / Resistance Lines)

Postby Apprentice » Tue Mar 14, 2017 9:04 am

Indicator was revised and updated.
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Re: Gann's Square Of Nine (Support / Resistance Lines)

Postby jaricarr » Thu Nov 09, 2017 11:30 pm

Hi Apprentice,

This method also requires that we divide 360 by 3. Can you please add these angles...
120 and 240
Many thanks,
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