Trading libraries for MetaTrader 4
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Overview
The Gann Scalping Gold Indicator is a robust technical analysis tool designed for precision trading in gold markets. It leverages Gann-based methodologies to identify key price levels, enabling traders to anticipate potential market reversals, breakouts, and areas of consolidation.
Daily Reset Logic:
- Automatically resets touch statuses at the start of a new trading day, ensuring that the indicator aligns with fresh daily trends.
How It Works:
- The indicator draws horizontal lines at predefined levels calculated based on historical price action and Gann principles.
- Traders can use these levels as reference points to set entries, exits, and stop-loss positions.
- The real-time touch detection feature keeps traders informed about significant price interactions with these levels.
ONLY FOR GOLD
Each level I use only on the first touch of the day.
