Dynamic GANN Square Of 9 Bands

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Dynamic GANN Square Of 9 Bands
Created on 3 Sept 2023

Adjust Increment Value:

• Customize increment to match symbol and price characteristics for accuracy.
  

Green Line:

• 200 EMA. Identifies trend direction; moves with the prevailing trend.
  

Red Lines:

• Mark prominent reversal levels closer to the red range; ideal for mean reversion strategies.
  
• Crossing red levels may indicate trend continuation to the next red level.
  

Grey Lines:

• Show immediate target reversal levels; watch for potential reversals.
  

Key Features:

• Levels are different from Standard Deviation Lines.
  
• Levels remain fixed and parallel, unaffected by volatility.
  
• Despite its dynamism, it can serve as a leading indicator, revealing potential trend changes.
  
• Primarily designed for trend-following strategies.
  

Additional Tips:

• Use additional confirmations
  
• Manage predefined risk and quantity
  

Additional Resources:
GANN Square Of 9 Pivots: