Gann Ultimate Time-Price Squares Method V 1.0

This Script is an outcome of my Passion towards Gann Theory and his Methodology towards Trading.

The Script is still Evolving.So wait for more updates....

# Complete Trading Guide: Gann Time-Price Squares Indicator

## 🎯 Core Trading Philosophy

**Gann's Key Principle**: "When time and price come together, a change in trend occurs."

Your indicator identifies these critical moments where **Time = Price**, creating high-probability trading opportunities.

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## 📊 Setup & Configuration

### Recommended Settings by Timeframe

| Timeframe | Pivot Lookback | Min Price Move | Tolerance | Use Case |
|-----------|---------------|----------------|-----------|----------|
| **1-5 min** | 5-8 bars | 0.5-1.0 | 1.0-2.0 | Scalping |
| **15-30 min** | 8-12 bars | 1.0-3.0 | 1.5-2.5 | Day Trading |
| **1-4 hour** | 10-15 bars | 2.0-5.0 | 2.0-3.0 | Swing Trading |
| **Daily** | 15-25 bars | 5.0-20.0 | 3.0-5.0 | Position Trading |

### Initial Setup Steps
1. **Add indicator** to your chart
2. **Set lookback period** based on your timeframe
3. **Adjust tolerance** - start with 2.0 and fine-tune
4. **Enable all visualizations** initially
5. **Position info table** where it doesn't block price action

---

## 🚀 Trading Strategies

### Strategy 1: Square Completion Reversal Trading

#### **Long Entry Setup**
```
CONDITIONS:
✅ Bullish square completes (green box appears)
✅ Info table shows "✅ COMPLETED" status
✅ Price bounces off square's bottom edge
✅ Volume increases on bounce
✅ RSI < 30 (oversold confirmation)

ENTRY: Market buy when price breaks above square's top edge
STOP: Below square's bottom edge (-2 ATR)
TARGET: Next resistance level or 1:2 Risk/Reward
```

#### **Short Entry Setup**
```
CONDITIONS:
✅ Bearish square completes (red box appears)
✅ Info table shows "✅ COMPLETED" status
✅ Price rejects square's top edge
✅ Volume increases on rejection
✅ RSI > 70 (overbought confirmation)

ENTRY: Market sell when price breaks below square's bottom edge
STOP: Above square's top edge (+2 ATR)
TARGET: Next support level or 1:2 Risk/Reward
```

### Strategy 2: Gann Angle Trend Following

#### **1x1 Angle (45°) - The Master Angle**
- **Most Important**: This is Gann's primary trend line
- **Bullish**: Price above 1x1 = uptrend intact
- **Bearish**: Price below 1x1 = downtrend intact
- **Break**: 1x1 angle break = major trend change

#### **Multi-Angle Confluence Trading**
```
STRONG BULLISH SIGNAL:
✅ Price above 1x1 angle (45°)
✅ Bouncing off 2x1 angle (support)
✅ Volume increasing
✅ Multiple angles pointing up

ENTRY: Buy on 2x1 angle bounce
STOP: Below 1x2 angle
TARGET: Next angle resistance
```

### Strategy 3: Projection Trading (Forming Squares)

#### **Anticipation Strategy**
```
SETUP IDENTIFICATION:
👀 Info table shows "⚡ FORMING" status
👀 Progress bar > 70%
👀 P/T Ratio approaching 1.00
👀 Price approaching projected completion zone

ENTRY PREPARATION:
- Set alerts for projected completion levels
- Prepare for reversal at projection zone
- Watch for volume confirmation
- Monitor momentum indicators
```
## 📈 Step-by-Step Trading Process

### Phase 1: Market Analysis (Before Trading)
1. **Check Market Trend**: Look at info table trend indicator
2. **Identify Active Pivots**: Note last significant high/low
3. **Assess Volatility**: High volatility = larger stops needed
4. **Review Completed Squares**: These become support/resistance zones

### Phase 2: Trade Setup Identification
1. **Monitor Forming Squares**: Watch progress bars in info table
2. **Check Gann Angles**: Are they supporting or opposing your bias?
3. **Confirm with Volume**: Look for volume spikes at key levels
4. **Set Alerts**: Use TradingView alerts for completion zones

### Phase 3: Trade Execution
1. **Wait for Confirmation**: Don't trade on projections alone
2. **Enter on Breakout**: Price breaking square boundaries
3. **Set Stops Immediately**: Use square edges as stop levels
4. **Scale Out**: Take partial profits at angle intersections

### Phase 4: Trade Management
1. **Trail Stops**: Use Gann angles as trailing stop levels
2. **Monitor Progress**: Watch for new square formations
3. **Exit Signals**: New squares in opposite direction
4. **Review Performance**: Analyze win/loss against square accuracy

---

## 🎯 High-Probability Setups

### Setup A: Double Confirmation
```
BULLISH EXAMPLE:
1. Bullish square completes at major support
2. Price bounces off 1x1 Gann angle
3. Volume surge confirms reversal
4. RSI divergence present

PROBABILITY: 75-80%
RISK/REWARD: 1:3 typical
```

### Setup B: Angle Breakout
```
BEARISH EXAMPLE:
1. Price breaks below 1x1 angle
2. Bearish square forming below break
3. Multiple angles now resistance
4. Volume confirms breakdown

PROBABILITY: 70-75%
RISK/REWARD: 1:2.5 typical
```

### Setup C: Time Cycle Convergence
```
REVERSAL EXAMPLE:
1. Square completion at time cycle high/low
2. Multiple Gann angles converging
3. Momentum divergence
4. Volume climax

PROBABILITY: 80-85%
RISK/REWARD: 1:4 possible
```

---

## ⚠️ Risk Management Rules

### Position Sizing
- **Conservative**: 1-2% risk per trade
- **Aggressive**: 2-3% risk per trade
- **Never exceed**: 5% total portfolio risk

### Stop Loss Guidelines
- **Completed Squares**: Opposite edge + 1 ATR
- **Gann Angles**: Below/above angle + 0.5 ATR
- **Projections**: 50% of square height

### Take Profit Targets
- **Target 1**: Next Gann angle (1:1 R/R)
- **Target 2**: Next completed square (1:2 R/R)
- **Target 3**: Major S/R level (1:3 R/R)

---

## 📊 Reading the Info Table for Trading

### Market Trend Section
```
📈 BULLISH → Look for long setups
📉 BEARISH → Look for short setups
➡️ NEUTRAL → Wait for direction
```

### Volatility Status
```
🔥 HIGH → Larger stops needed
⚡ ELEVATED → Normal stops
😴 LOW → Tighter stops possible
📊 NORMAL → Standard approach
```

### Square Progress Monitoring
```
✅ COMPLETED → Ready to trade
⚡ FORMING → Prepare for setup
🔥 ACTIVE → Monitor closely
⏳ WAITING → No immediate action
```

### P/T Ratio Interpretation
```
🎯 Perfect (0.8-1.2) → High probability setup
⚡ Good (0.6-1.4) → Moderate probability
⚠️ Watch (outside range) → Lower probability
```

---

## 🔄 Common Trading Scenarios

### Scenario 1: Trend Continuation
**Setup**: Price pulls back to completed square in uptrend
**Action**: Buy at square support with 1x1 angle confirmation
**Management**: Trail stop below each new square formation

### Scenario 2: Reversal Trading
**Setup**: Multiple squares complete at major S/R
**Action**: Fade the move when price rejects square edges
**Management**: Quick profits, tight stops

### Scenario 3: Breakout Trading
**Setup**: Price consolidates in square, then breaks out
**Action**: Trade breakout direction with volume confirmation
**Management**: Use opposite square edge as stop

---

## 📱 Alert Setup Recommendations

### Critical Alerts
1. **Square Completion**: "Gann Square Completed - Check for reversal"
2. **1x1 Angle Break**: "Master angle broken - Trend change possible"
3. **Projection Reached**: "Forming square at 90% - Prepare for reversal"
4. **Multi-Angle Touch**: "Price at angle confluence - High probability setup"

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Remember: **Gann analysis is both art and science**. The indicator provides the mathematical framework, but successful trading requires patience, discipline, and continuous learning. Start with small positions while you master the methodology!