The Gann 4EX Indicator V1.0 for MT4 is a powerful technical analysis tool designed for traders who prioritize timing, price levels, and geometrical angles to predict market reversals and breakout patterns. Inspired by the legendary trader W.D. Gann, this indicator combines the precision of Gann angles with modern-day technical indicators to offer a comprehensive view of market momentum and direction. Whether you are a swing trader or a scalper, Gann 4EX provides an edge in forecasting market turns with mathematical accuracy.



Introduction to Gann Theory


W.D. Gann believed that markets move in predictable geometric patterns, and his work was largely centered around time and price symmetry. The Gann 4EX Indicator reflects this ideology by using diagonal trend lines (Gann angles), support/resistance zones, and cycle-based timeframes to pinpoint high-probability reversal zones.



How Gann 4EX Indicator Works


The indicator automatically draws key Gann angles based on current price levels and historical data, including:




  • 1x1 angle (45°) – Often represents a strong trend




  • 2x1 and 1x2 angles – Weaker or accelerated trends




  • 4x1, 8x1, etc. – Very aggressive moves




These angles act as dynamic support and resistance lines. When price respects an angle or breaks through it, traders get a clear signal to act—either to enter or exit a trade.



 


 


 


Key Features of Gann 4EX Indicator MT4




  • ✅ Automatic Angle Plotting: No manual drawing needed




  • ✅ Customizable Time Frames: Works across M5 to D1




  • ✅ Historical Backtracking: Analyzes past price behavior for future projections




  • ✅ Alert System: Real-time notifications on Gann level breaks




  • ✅ Price-Time Confluence: Highlights areas where time and price intersect




  • ✅ Works with Any Currency Pair





Trading Strategy Using Gann 4EX


Here’s a simplified trading strategy using the Gann 4EX Indicator:




  1. Identify Gann Angles: Wait for the indicator to draw key Gann levels.




  2. Look for Price Reaction: Monitor how price behaves around a major Gann angle.




  3. Confirm with Price Action: Use candlestick patterns (pin bars, engulfing) to validate entry.




  4. Enter Trade: If price bounces from a Gann support or breaks a resistance angle, take a trade in the direction of movement.




  5. Stop Loss: Place SL slightly below the support/resistance angle.




  6. Take Profit: Use the next Gann level as the target.




Pro Tip: Combine Gann 4EX with RSI or MACD for confirmation to improve success rate.



 


 



 


Who Should Use This Indicator?




  • Technical analysts focused on geometry and price cycles




  • Intraday and swing traders




  • Traders looking for precise market turning points




  • Fans of Gann theory seeking automation





Installation Instructions




  1. Download the Gann 4EX Indicator file (.ex4 or .mq4).




  2. Open MetaTrader 4 → Go to File > Open Data Folder.




  3. Navigate to MQL4 > Indicators and paste the file.




  4. Restart MT4 and drag the indicator onto your preferred chart.





Minimum Deposit Recommendation


While there is no strict rule, a minimum of $200 is recommended to trade effectively using the Gann 4EX strategy, allowing room for stop-losses and proper money management.



Timeframes & Pairs




  • Timeframes: Best results on M15, H1, and H4




  • Currency Pairs: Works on all major and minor pairs including EURUSD, GBPJPY, USDCHF, etc.


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