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PAMA GannGrid System | Grid EA download - MT4/MT5 resources

author EAcpu | 2 reads | 0 comments |
It's interesting how system vendors have allowed themselves to not be required to provide systems, just for free...

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Hi Gann Expert,

This is a great indicator for trend analysis!

I read an interesting old book in the last few days: The Ultimate Breakthrough in Market Turning Point Detection by Jeffrey Cuddy:

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The Ultimate Breakthrough Instructions for Market Turning Point Detection

This unique "first of its kind" trading book introduces the author's specialized turning point detection method called PAMA - Critical Areas of Market Analysis. PAMA uses small but powerful new technological tools to monitor markets on a daily basis and then sharpen the focus of analysis when potential turning areas are detected. Once key areas are identified (which is done in real-time), the method turns to eight conclusive price patterns and two original charting techniques to determine the ideal entry or exit date for your trade. The accuracy of PAMA trading signals - recently described as "close to every major pivot point humanly possible to predict" - is unmatched.

Jeff Cuddy's introduction to the PAMA method is in exactly the same sequence as his original creation (and subsequent application) of this great trading concept.

- In the first section, the inner workings of the system are clarified - each rule, price pattern and chart-based technique.

- The second part compares PAMA to the stock market. Walkthrough example illustrating methods and actions for trading the Dow from 1987 to 1995 (During this period, PAMA's "buy and hold" returns nearly doubled.)

- The third part provides a detailed analysis of PAMA applied to Jeff Cuddy's current field of interest (futures market) and summarizes the book.
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- I try to program the grid using the default GridGann in Metatrader. If you have visual problems after drawing the grid, restart the indicator.

- The main grid defaults to 36 squares between the high and low points of the analysis interval, and the default spacing between Gann grids is 8. You can draw all 36 grids, or just the main grids (every four).
With this formula, we can provide the same visual scale for trend analysis for every pair or every time frame!

I think this indicator is perfect for long-term trading: you can print charts, analyze upper and lower channels, plot trading levels and follow orders.

To develop a trading system using this indicator, first search the web for information about the Gann Grid.
The basic idea is to determine if the price reverses from an ascending channel to a descending channel (45 channels). Stop loss can be set four bars above the purchase price.

I would be happy if someone uses this system in practice and would like to report his experience!
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PAMA4pairs.PNGPAMA-TripleScreen2.PNGgbpusd1.JPGGann Grid, Example.jpg
PAMA4pairs.PNGPAMA-TripleScreen2.PNGgbpusd1.JPGGann Grid, Example.jpg
PAMA4pairs.PNGPAMA-TripleScreen2.PNGgbpusd1.JPGGann Grid, Example.jpg
PAMA4pairs.PNGPAMA-TripleScreen2.PNGgbpusd1.JPGGann Grid, Example.jpg
PAMA4pairs.PNGPAMA-TripleScreen2.PNGgbpusd1.JPGGann Grid, Example.jpg
PAMA4pairs.PNGPAMA-TripleScreen2.PNGgbpusd1.JPGGann Grid, Example.jpg

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