GannTrend 2.0 (Lines)

• 10/27/2020 at 9:52 PM #148733
  Zigo

  I have posted this indicator in the library today. This indicator give a line(s) in the graph that marks the past trend. If we take two different settings for q, (for example 29 and 13) the lines are convergent or divergent or exceptional equal. The angle that will be created by the two lines gives the direction of the trend.

  Unfortunate the lines not adapt by a new candle. (see 2 attachments). Maybe someone can help find a way to coding this matter.

  GannTrend 2.0

  // q as a variable 29 and 13 is a good pair to use // q = 29 and or 13 Once j=0 once ab=q Z=DPO[AB*2](close) if Z=Z[1] and Z[1]=Z[2] and Z[2]<>Z[3] Then PP=1 endif ////////////////////////////////////////////////// N=(AB*2)-4 P=(N/2)-1 d100=DPO[n](close) m100=close-d100 cx=(m100-m100[1]+(close[p])/n)*n PW = TypicalPrice RX= Range /////////////////////////////////////////////////// SQR1=(SQRT(RX) *180) -225 SQ1=SQR1/360 ZZ=SQ1 Mod 100 So9=SQ1-Zz Fxd=PW+(So9*2) IF Close > FXD Then CS=CX-(So9*1.1618) else CS=CX+(So9*1.1618) endif ///////////////////////////////////////////////////// if pp=1 and pp[1]=0 then A=LinearRegressionSlope[AB](CS) B=LinearRegression[AB](CS) c=(b-a*ab) endif if Pp=0 then st=undefined else J=J+1 ST=a*j+c endif STx=(ST/100)*100 Return STx as "F1 Gann Trend"

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  // q as a variable 29 and 13 is a good pair to use // q = 29 and or 13 Once j=0 once ab=q   Z=DPO[AB*2](close) if Z=Z[1] and Z[1]=Z[2] and Z[2]<>Z[3] Then PP=1 endif ////////////////////////////////////////////////// N=(AB*2)-4 P=(N/2)-1 d100=DPO[n](close) m100=close-d100 cx=(m100-m100[1]+(close[p])/n)*n PW = TypicalPrice RX= Range /////////////////////////////////////////////////// SQR1=(SQRT(RX) *180) -225 SQ1=SQR1/360 ZZ=SQ1 Mod 100 So9=SQ1-Zz Fxd=PW+(So9*2) IF Close > FXD Then CS=CX-(So9*1.1618) else CS=CX+(So9*1.1618) endif ///////////////////////////////////////////////////// if pp=1 and pp[1]=0 then A=LinearRegressionSlope[AB](CS) B=LinearRegression[AB](CS) c=(b-a*ab) endif   if Pp=0 then st=undefined else J=J+1 ST=a*j+c endif STx=(ST/100)*100   Return  STx as "F1 Gann Trend"

   

  

  Zigo

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  10/28/2020 at 9:09 AM #148752
  Nicolas

  The lines are not updating because you are using DPO which is using the future of the price on its first load. Then, in real time, the indicator will obviously use the current price and therefore not behaves as good as in the past.

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  Zigo

  

  Nicolas

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  10/28/2020 at 10:08 AM #148764
  Zigo

  Thank you Nicolas, for your quick reaction.

   

  

  Zigo

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  10/28/2020 at 10:42 AM #148767
  Zigo

  @ Nicolas is there anything possible to update the lines?

  

  Zigo

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  10/28/2020 at 11:01 PM #148840
  Zigo

  Higher timeframe.

  

  Zigo

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  10/29/2020 at 8:08 AM #148852
  Nicolas

  That’s pretty similar to a common linear regression?

  Standard Deviation & Standard Error Linear Regression Channel

  

  Nicolas

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