Gann Made Easy Indicator for MetaTrader 5 – Free Download [TradingFinder]

The Gann Made Easy indicator is designed to simplify Gann's complex structural technical analysis trading and automatically detect key market levels on the chart.

These levels include entry areas, price targets and stop loss levels, calculated based on the combined logic of time and price in Gann theory.

Additionally, signals are visually displayed via colored arrows as a trade setup form.

Gann easy indicator table

The table below lists the general characteristics of the Gann Made Easy indicator.

Gann Easy Indicator Overview

The Gann Made Easy indicator first automatically analyzes market highs and lows to determine market direction. It then uses classic Gann angles (such as 1:1 and 2:1) to calculate key price levels, including entry areas, profit targets, and stop-loss areas, and displays them graphically on the chart.

When market conditions align with the defined structure, entry signals are triggered via colored arrows (green for buy, red for sell).

Indicators are in an upward trend

The chart below shows gold spot (XAU/USD) on the 1 hour time frame. In an uptrend, when the price breaks the resistance level, the indicator identifies an entry signal by displaying a green arrow.

In this case, the stop loss is set just below the last low and the price target is set higher based on the Gann angle structure.

Indicators are in a downward trend

The chart below shows the Nasdaq 100 (ND100) Index on the 1 hour time frame. In a downtrend, when the price breaks below the support level, a sell signal appears as a red arrow on the chart.

Here, the stop loss is set slightly above the last price high to keep the trade risk within acceptable limits.

At the same time, the indicator identifies target levels below the entry point, making potential price paths and profit-making areas visible.

Gann makes indicator setting easy

The settings of the Gann Made Easy indicator are as shown below:

• ZigZag Depth : Zigzag depth
• ZigZag Deviation : Zigzag deviation
• ZigZag Backstep : Zigzag backstep
• Maximum Bars : Maximum number of candles calculated
• Timeframe : Timeframe;
• Display pulse wave and correction wave : Display pulse wave and correction wave
• Signal Level Color : Signal level color
• Target Levels Color : target price level color
• Stop Level Color : stop loss level color
• ALERT : Show alert
• EMAIL : Send alert to email
• NOTIFICATION : Send notification
• MESSAGE TIMEOUT : Delay between alert messages
• MESSAGE SUBJECT : alert message subject

Conclusion

The Gann Made Easy indicator first automatically detects price highs and lows to identify market trends and determine the best entry areas.

Next, this trading tool , using Gann's analysis perspective, will automatically draw take profit and stop loss levels on the chart.