gann indicators for tradestation

Truncates the trendline on the right after the specified number of bars when the next new trendline is drawn History must be set to "No". Time cycles are a major part of Gann analysis, and should be combined with price indicators to develop a valid market forecast. A higher high will result in a green trend line being drawn to the high of the bar and a lower low result in a red trend line being drawn to the low of the bar. The Gann Fan is a technical analysis tool invented by W. This indicator does not contain plot statements; rather it draws trendlines, which are displayed in the same subgraph as the price data.

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