Gann Box Levels, Fans, Curves, Angles, and Breakout Alerts
Summary
This chart indicator constructs a Gann box from the visible chart's highest high and lowest low, then divides the price and time span using configurable percentage levels. It can display the box, level labels, a fan of diagonal lines, curves, and Gann angles. An orientation option reverses the drawing, while an extension setting can project the box into future bars. Users can show or hide the various elements and adjust level percentages and colors.
The indicator also defines alerts for price crossing the box's time-position levels, which the script labels as breakouts. These are charting and alerting features, not a tested trading system: the page supplies no entry or exit plan, performance results, or evidence that the levels predict support, resistance, or future movement. The construction depends on highs and lows within the visible chart, so changing the displayed range can change the selected anchors and resulting geometry.
Key ideas
- The Gann box anchors to the highest high and lowest low in the visible chart range.
- Configurable percentage levels divide the box across price and time.
- Optional displays add labels, fans, curves, and angles, with controls for orientation and future extension.
- Alerts trigger when price crosses the box's designated levels.
- The document gives no trading performance evidence, and its anchors depend on the visible chart range.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.