This indicator is designed based on Mr.
WD
Gann's square of nine methods.
Using this indicator, we can enter the desired
pivot
price and, based on the coefficient we assign to it, extract 8
support and resistance
numbers with 8 angles of 45, 90, 135, 180, 225, 270, 315, and 360.
Calculates 8
support and resistance
points and draws
support and resistance
lines.
The coefficient is to triple the number of executions.
To select
pivot points
in which a price is a large number, by selecting coefficients of 0.1, 0.
01
, 0.001, and 0.0001, we can have
support and resistance
points appropriate to the time frame.
For example, the price of
Bitcoin
, which was 64,854 on April 14, 2021, can be used to perform three-digit calculations by selecting a coefficient of 0.0001.
To select
pivot points
whose price is a small number, by selecting coefficients higher than 10, 100, 1000, and 10000, we can have
support and resistance
points appropriate to the time frame.
For example, the price of Dodge coin, which was 0.7399 on May 8, 2021, we can perform three-digit calculations by selecting a coefficient of 100 indicators.
