NinjaMonkey+ Gann Angle Strategy

Description:
The NinjaMonkey+ strategy is built upon WD Gann's legendary angle-based analysis, enhanced with modern tools like exponential moving averages (EMA). This strategy is designed for traders seeking precision in identifying potential buy and sell opportunities using price and time relationships.

Features:

Gann Angle Analysis: Calculates upward and downward Gann angles based on user-defined lookback periods and multipliers, providing a framework for understanding price direction.
Trend Confirmation: Utilizes a 100-period EMA to confirm market trends, ensuring signals align with the prevailing market bias.
Signal Clarity:
Buy Signal: Triggered when price crosses above the upward Gann angle in an uptrend.
Sell Signal: Triggered when price crosses below the downward Gann angle in a downtrend.
Alerts: Real-time alerts for buy and sell signals, keeping you informed of critical market movements.
Visual Simplicity: Clearly plots Gann angles and EMA directly on the chart for intuitive analysis.
How It Works:

Gann Angles: The script calculates the highest high and lowest low within the lookback period and derives upward and downward angles by incorporating the price range and time range.
Trend Filtering: The EMA acts as a trend filter, allowing only trades that align with the broader market direction.
Entry Conditions: The strategy enters long or short positions based on price interaction with Gann angles and EMA-confirmed trends.
Customization:

Gann Lookback Period: Adjust the number of bars used to calculate Gann angles.(recommended look back period 18)
Gann Angle Multiplier: Modify the steepness of the Gann angles to suit different markets or timeframes.
EMA Length: Fine-tune the trend filter by adjusting the EMA period.
Disclaimer:
This strategy is a tool to assist in trading decisions and should be combined with robust risk management and additional analysis. Past performance is not indicative of future results.