FXCodeBase.COM: Forex Chart Indicators and Development

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.


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.

MT4/MQ4 version
viewtopic.php?f=38&t=69157

) 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!!!

Update.

yahoo thank you! thank you!

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

Cheers,

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.

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.
Cheers

very interesting indicator,
Im glad someone can think a little out of the box:)
thanks for your great work

Indicator was revised and updated.

Hi Apprentice,

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