Gann Made Easy Indicator for MetaTrader 4 – Free Download [TradingFinder]

The Gann Made Easy indicator is designed to simplify the complex method of Gann analysis. This technical analysis indicator automatically and structurally identifies key trading levels on the chart without the need for manual calculations, including:

• Entry Points
• possible price targets
• Risk control stop loss point
• Use red and green arrows to alert buy/sell signals at the right time

Gann easy indicator table

General features Gann Made Easy indicators are shown in the table below.

Gann Easy Indicator Overview

The Gann Made Easy indicator first automatically analyzes price highs and lows to identify the market trend (bullish or bearish). It then uses Gann angles such as 1:1 and 2:1 to calculate key price levels.

Based on this analysis, trading lines (entry points, take profit and stop loss) are visually drawn on the chart. If the entry conditions are met, traders will be alerted with a green or red arrow.

Indicators are in an upward trend

The chart below shows the CAD/JPY currency pair on a 1 minute timeframe. In an uptrend, the Gann Ease Index marks entry levels after resistance is broken.

Stop loss is set just below the last price low to control trading risk. Then, set a higher price target based on the Gann Ratio. As price moves towards these targets, traders gradually take profits.

Indicators are in a downward trend

The chart below shows the USD/JPY currency pair on the 15-minute time frame. In a downtrend, after a support level is broken, the trading tool issues a sell signal with a red arrow.

Here, the stop loss is set slightly above the previous high to avoid further losses. At the same time, lower price targets were established as take-profit levels. As prices fall, profits are gradually captured.

Gann makes indicator setting easy

The setting panel of the Gann Made Easy indicator is as shown below:

• ZigZag Depth : The depth of the zigzag adjustment wave
• ZigZag Deviation : ZigZag deviation
• ZigZag Backstep : ZigZag backstep
• Maximum Bars : The maximum number of candles required for the indicator calculation
• Timeframe : Show Timeframe
• Display pulse wave and correction wave : Display pulse wave and correction wave
• Signal Level Color : Signal level color
• Target Levels Color : price target level color
• Stop Level Color : stop loss level color
• ALERT : Display alert
• EMAIL : Send alert to email
• NOTIFICATION : Send notification
• MESSAGE TIMEOUT : Time delay between alert messages
• MESSAGE SUBJECT : alert message subject

Conclusion

The Gann Easy Indicator identifies market trends through price highs and lows and determines precise entry points.

Then, using Gann angles, it automatically plots take profit and stop loss levels on the chart.

These levels help traders enter and exit in a structured approach. If favorable conditions develop, entry alerts are issued and trades are executed with appropriate risk management.