A script to draw Gann Star given Cycle start point, Cycle space (or size), Cycle type (Bullish / Bearish) You can customize Time Levels color and style and the rest of lines Color and Style Telegram : @Kirolos_T
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Added the ability to customize Star Space
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Added Price Levels (also customizable)
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There was an option called "Draw multiple stars", I did put that option because I didn't find a way to draw only 1 star on the last low/high that equals to the start point, and instead of drawing 1 star on the first low/high that equals to the start point (it may be so old and therefore useless), I decided to let the script draw multiple stars if there is multiple highs/lows equal to the start point However, After some digging and tries I found a solution and from now on that option is removed and the script gonna draw the star from the last high/low that equals to the start point.
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Added a new feature "Time frame", sometimes you'd like to draw a star on the daily chart but you'd like to zoom in by going for smaller frames which changes the star to the current frame From now on this feature gonna allow you to lock the star to a certain frame the daily for example and go for any other frame you'd like
In this image my time frame is 4H but the star is drawn on the daily time frame
The default option is "Current" which is your current time frame, just like the previous version, it will change the star when you change your time frame.
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Added support for Gann Squares of 52 and 144 If you wanna draw a "Square of 144" for example, instead of setting the "Cycle Space" you set the "Type" to "Square of 144" and set the "Star Space" to 144, and finally set the Bounce point to the point the price bounced from, that point will be placed at the 1/3 Price level of the Square, as shown here. (-- My Bounce point here is 11665) Enjoy!
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Fixed some issues related to the Square of 144 and Square of 52
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Added 6H and 3D Time frames.
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Added 2 features
"Cycle end angle" it was hard-coded as 360, now you can set it to whatever you like 720 for example or 1080,1440, etc
"Draw Price Labels" which will draw prices of the price levels next to the star/square
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Added a feature "Labels position", to adjust price labels position
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Added a new feature "Search for the closest high/low" Sometimes the prices are too long like 73.48368181 which messes with our formula and they're hard to type accurately This feature searches for the closest price to the "Cycle start point" USE THIS FEATURE ONLY WHEN THE INDICATOR IS UNABLE TO FIND YOUR STARTING POINT CANDLE
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Fixed a problem related to the Square of 52 and the Square of 144
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When "Draw Price Labels" is enabled, now the label of the 50% level and the cycle end (100%) price labels will be drawn
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A new option "Middle offset" to fix the problem with the Forex pairs Now you can increase the space of the star to any number of fit 360 (for example) bar on the chart, then use the middle offset to center the middle vertical line after 180 (for example) bar
Hello Kirolos, can i test it for a couple of days?
tas2140
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Hi!
I love your Gann Star study... you clearly spent a lot of time developing and building it!
I'd appreciate the chance to use it very much; thanks and best wishes-
Tom Stapleford