MetaTrader 4 Gann Square Indicator – Free Download [TradingFinder] – MT4/MT5 Resources

The Gann Squared indicator is a technical analysis tool based on WD Gann theory. Exploiting symmetries between price and time helps identify market turning points, support and resistance levels , and trend structures.

The indicator consists of multiple geometric and time-based components (Gann Angle, Gann Square, Gann Fan, and Time Arc), each of which plays a specific role in market analysis.

Gann square indicator table

The general characteristics of the Gann Square indicator are shown in the table below.

Overview of the Gann Squared Indicator

The Gann Squared indicator is an analytical tool based on a combination of price movements and time periods designed to detect key entry and exit points in the market. Its functional structure is built on three main pillars:

• Symmetry of Time and Price When time and price balance at the same level, the probability of a trend reversal increases;
• Angle and Diagonal Analysis Breaking through or touching important Gann angles indicates a potential change in trend strength or direction;
• Intersections of price-time converging fan lines, horizontal price levels, and vertical time lines often elicit strong market reactions.

Indicators are in an upward trend

The chart below shows the GBP/USD currency pair on the 1-minute time frame. In an uptrend, when price remains above the 61.8% level while breaking out of higher angles such as 50, it reflects buying pressure and market demand dominance.

Furthermore, the confluence of rising fan lines with major time periods creates a valid signal to enter long positions.

Indicators are in a downward trend

The chart below shows the AUD/JPY currency pair on the 15-minute time frame. In a downtrend, when the price breaks below the 61.8% level and breaks out of the lower angle, it signals increasing selling pressure.

If this move coincides with a price peak near a sensitive time period or a bearish crossover with a descending fan line, the likelihood of further price decline increases.

Gann square indicator settings

The image below shows the settings panel of the Gann Square indicator :

ZIGZAG SETTING

• ZigZag Depth : Controls sensitivity to price fluctuations
• ZigZag Deviation : lowest price change for new flight segments
• ZigZag Backstep : Filter to avoid false pivots
• Maximum Bars : Number of candles used in the calculation
• Timeframe : chart period used for analysis

FIBO RETRACEMENT

• Show Retracement : Enable Fibonacci retracement display
• Level Style : The visual format of the retracement line
• Levels Color : The format for displaying retracement lines
• Levels Width : Visual format for displaying retracement lines
• Level 0: Base price level 0%
• Level 38.2 : Golden ratio area 38.2%
• Level 50 : Midpoint retracement level 50%
• Level 61.8 : Key Fibonacci ratio 61.8%
• Level 100 : 100% of full price range
• Extra Levels: Additional Fibonacci ratios
• Level 14.6 : Secondary support level 14.6%
• Level 23.6 : Shallow retracement zone 23.6%
• Level 76.4 : Deep correction level 76.4%
• Level 88.6 : Extreme retracement zone 88.6%
• Level 127.2 : Expansion target level 127.2%
• Show Prices : Show price tags

FIBOARC

• Show Arc : Show Fibonacci arc
• Scaling Method : Arc Scaling Mode
• Manual Scale Value : Custom scale input
• Arc Color :Arc Line Color
• Arc Style : Arc Line Style
• Arc Width : Arc line thickness
• Level 38.2 : Golden ratio area 38.2%
• Level 50 : Midpoint retracement level 50%
• Level 61.8 : Key Fibonacci ratio 61.8%
• Show extra levels : show additional levels
• Level 14.6 : Secondary support rate 14.6%
• Level 23.6 : Shallow retracement zone 23.6%
• Level 76.4 : Deep callback rate 76.4%

FIBO FAN

• Fan Color : Fan Line Color
• Fan Style : Fan Line Style
• Fan Width : Fan line thickness
• Level 38.2 : Golden ratio area 38.2%
• Level 50 : Midpoint retracement level 50%
• Level 61.8 : Key Fibonacci ratio 61.8%
• Show extra levels : show additional levels
• Level 14.6 : Secondary support rate 14.6%
• Level 23.6 : Shallow retracement zone 23.6%
• Level 76.4 : Deep callback rate 76.4%

FIBO TIMEZONES

• Show Time Zones : Display time intervals
• Time Color : Zone Line Color
• Time Style : Zone Line Style
• Time Width : area line thickness
• Level 0 : Starting time point 0%
• Level 100 : 100% of the first cycle area
• Level 200 : 200% of the second circulation area
• Level 300 : 300% of the third cycle area
• Level 500 : 500% of the fifth cycle area
• Level 800 : 800% of the eighth cycle area
• Level 1300 : Thirteenth cycle area 1300%
• Level 2100 : 2100% in the twentieth cycle
• Level 3400 : 3400% in the 34th cycle

FIBO EXPANSION

• Show Expansion : Show price prediction
• Expansion Color : expansion line color
• Expansion Style : Expansion line style
• Expansion Width : expansion line thickness
• Level 61.8 : Golden ratio target 61.8%
• Level 100 : Full range projection 100%
• Level 161.8 : Extended Fibonacci target 161.8%
• Level 261.8 : Advanced expansion level 261.8%
• Show extra levels : show additional levels
• Level 78.6 : Depth retracement rate 78.6%
• Level 138.2 : Expand the projection area by 138.2%
• Level 200 : Double range target 200%

Conclusion

The Gann Squared Indicator is one of the most advanced multi-dimensional tools in technical analysis , capable of identifying reversal points, trend structures and sensitive price levels by combining market geometry, time periods and price action.

Its main components Gann angle, Gann square, Gann fan and time arc are based on time price symmetry.

This indicator allows traders to evaluate the market not only based on past data, but also through calculation and precise perspective, helping to discover the best entry and exit areas.