Gann Made Easy Indicator for MetaTrader 5 – Free Download [TradingFinder]

The Gann Made Easy indicator is designed to simplify the complex structure of Gann in technical analysis trading and automatically detects key market levels on the chart.

These levels include entry zones, price targets, and stop-loss levels, calculated based on the combined logic of time and price in Gann theory.

In addition, signals are visually displayed using colored arrows as a trading setup forms.

Gann Made Easy Indicator Table

The general features of the Gann Made Easy indicator are presented in the table below.

Gann Made Easy Indicator Overview

The Gann Made Easy indicator automatically analyzes market highs and lows first to determine the market’s direction. It then uses classic Gann angles such as 1:1 and 2:1 to calculate key price levels, including entry zones, profit targets, and stop-loss areas, displaying them graphically on the chart.

When market conditions align with the defined structure, an entry signal is triggered through colored arrows (green for buy, red for sell).

Indicator in an Uptrend

The chart below shows the Gold Spot (XAU/USD) in a 1-hour timeframe. In an uptrend, when the price breaks above a resistance level, the indicator determines the entry signal by displaying a green arrow.

In this case, the stop-loss is set slightly below the last low, and price targets are drawn at higher levels based on Gann angle structures.

Indicator in a Downtrend

The chart below shows the Nasdaq 100 (ND100) in a 1-hour timeframe. In a downtrend, when the price breaks below a support level, the sell signal appears as a red arrow on the chart.

Here, the stop-loss is set slightly above the last price high to keep the trade risk within an acceptable range.

At the same time, the indicator identifies target levels below the entry point, making the potential price path and profit-taking zones visible.

Gann Made Easy Indicator Settings

Settings for the Gann Made Easy indicator are shown in the image below:

• ZigZag Depth: Zigzag depth
• ZigZag Deviation: Zigzag deviation
• ZigZag Backstep: Zigzag backstep
• Maximum Bars: Maximum number of candles for calculation
• Timeframe: Timeframe;
• Show impulse and correction wave: Display impulse and correction waves
• Signal Level Color: Signal level color
• Target Levels Color: Target price level color
• Stop Level Color: Stop-loss level color
• ALERT: Show alert
• EMAIL: Send alert to email
• NOTIFICATION: Send notification
• MESSAGE TIMEOUT: Delay between alert messages
• MESSAGE SUBJECT: Alert message subject

Conclusion

The Gann Made Easy indicator automatically detects price highs and lows first to identify the market trend and determine optimal entry zones.

Next , This trading tool, using Gann’s analytical angles, it automatically plots take-profit and stop-loss levels on the chart.