Keanu_ritz

Intraday Buy/Sell using Gann Angles - RiTz

Keanu_ritz Uppdaterad   
Intraday Buy/Sell Levels using Gann Angles based on Todays Open/previous Day High/Low/Close prices

How to use this :

The Buy/Sell levels will be calculated on 1 of 4 things (you can choose any one which you prefer)
1. Todays Open price
2. Previous Day High
3. Previous Day Low
4. Previous Day Close

The Buy/Sell levels will be displayed in these ways
1. In a Table
2. on the Chart
You can turn them on/off according to your preference!

I can't seem to find the original documentation or a link to it.
i have it's excel file, in which we have to enter following data :

1. Todays Open price
2. Previous Day High
3. Previous Day Low
4. Previous Day Close

and the buy/sell levels are calculated by using the above data in following manner :

Based On Today's Opening Price
(lets call it TDO )
Degree's````````````````` Degree Factor```````````````````````` Buy````````````````````````` Sell
11.25```````````````````` =degree/180=11.25/180=0.0625````````` =(sqrt( TDO )-0.0625)^2``````` =(sqrt( TDO )+0.0625)^2````` SL
22.5````````````````````` =degree/180=22.5/180=0.125``````````` =(sqrt( TDO )+0.125)^2```````` =(sqrt( TDO )-0.125)^2`````` Buy/Sell At
45``````````````````````` =degree/180=45/180=0.25`````````````` =(sqrt( TDO )+0.25)^2````````` =(sqrt( TDO )-0.25)^2``````` Target-1
90``````````````````````` =degree/180=90/180=0.5``````````````` =(sqrt( TDO )+0.5)^2`````````` =(sqrt( TDO )-0.5)^2```````` Target-2
135`````````````````````` =degree/180=135/180=0.75````````````` =(sqrt( TDO )+0.75)^2````````` =(sqrt( TDO )-0.75)^2``````` Target-3
180`````````````````````` =degree/180=180/180=1```````````````` =(sqrt( TDO )+1)^2```````````` =(sqrt( TDO )-1)^2`````````` Target-4
225`````````````````````` =degree/180=225/180=1.25````````````` =(sqrt( TDO )+1.25)^2````````` =(sqrt( TDO )-1.25)^2``````` Target-5
270`````````````````````` =degree/180=270/180=1.5`````````````` =(sqrt( TDO )+1.5)^2`````````` =(sqrt( TDO )-1.5)^2```````` Target-6
315`````````````````````` =degree/180=315/180=1.75````````````` =(sqrt( TDO )+1.75)^2````````` =(sqrt( TDO )-1.75)^2``````` Target-7
360`````````````````````` =degree/180=360/180=2```````````````` =(sqrt( TDO )+2)^2```````````` =(sqrt( TDO )-2)^2`````````` Target-8

sqrt = square root
TDO = Today's Opening Price
PDH = Previous Days High
PDL = Previous Days Low
PDC = Previous Days Close

Based On Previous Days High Price
(lets call it PDH )
Degree's````````````````` Degree Factor```````````````````````` Buy````````````````````````` Sell
11.25```````````````````` =degree/180=11.25/180=0.0625````````` =(sqrt( PDH )-0.0625)^2``````` =(sqrt( PDH )+0.0625)^2````` SL
22.5````````````````````` =degree/180=22.5/180=0.125``````````` =(sqrt( PDH )+0.125)^2```````` =(sqrt( PDH )-0.125)^2`````` Buy/Sell At
45``````````````````````` =degree/180=45/180=0.25`````````````` =(sqrt( PDH )+0.25)^2````````` =(sqrt( PDH )-0.25)^2``````` Target-1
90``````````````````````` =degree/180=90/180=0.5``````````````` =(sqrt( PDH )+0.5)^2`````````` =(sqrt( PDH )-0.5)^2```````` Target-2
135`````````````````````` =degree/180=135/180=0.75````````````` =(sqrt( PDH )+0.75)^2````````` =(sqrt( PDH )-0.75)^2``````` Target-3
180`````````````````````` =degree/180=180/180=1```````````````` =(sqrt( PDH )+1)^2```````````` =(sqrt( PDH )-1)^2`````````` Target-4
225`````````````````````` =degree/180=225/180=1.25````````````` =(sqrt( PDH )+1.25)^2````````` =(sqrt( PDH )-1.25)^2``````` Target-5
270`````````````````````` =degree/180=270/180=1.5`````````````` =(sqrt( PDH )+1.5)^2`````````` =(sqrt( PDH )-1.5)^2```````` Target-6
315`````````````````````` =degree/180=315/180=1.75````````````` =(sqrt( PDH )+1.75)^2````````` =(sqrt( PDH )-1.75)^2``````` Target-7
360`````````````````````` =degree/180=360/180=2```````````````` =(sqrt( PDH )+2)^2```````````` =(sqrt( PDH )-2)^2`````````` Target-8

Based On Previous Days Low Price
(lets call it PDL )
Degree's````````````````` Degree Factor```````````````````````` Buy````````````````````````` Sell
11.25```````````````````` =degree/180=11.25/180=0.0625````````` =(sqrt( PDL )-0.0625)^2``````` =(sqrt( PDL )+0.0625)^2````` SL
22.5````````````````````` =degree/180=22.5/180=0.125``````````` =(sqrt( PDL )+0.125)^2```````` =(sqrt( PDL )-0.125)^2`````` Buy/Sell At
45``````````````````````` =degree/180=45/180=0.25`````````````` =(sqrt( PDL )+0.25)^2````````` =(sqrt( PDL )-0.25)^2``````` Target-1
90``````````````````````` =degree/180=90/180=0.5``````````````` =(sqrt( PDL )+0.5)^2`````````` =(sqrt( PDL )-0.5)^2```````` Target-2
135`````````````````````` =degree/180=135/180=0.75````````````` =(sqrt( PDL )+0.75)^2````````` =(sqrt( PDL )-0.75)^2``````` Target-3
180`````````````````````` =degree/180=180/180=1```````````````` =(sqrt( PDL )+1)^2```````````` =(sqrt( PDL )-1)^2`````````` Target-4
225`````````````````````` =degree/180=225/180=1.25````````````` =(sqrt( PDL )+1.25)^2````````` =(sqrt( PDL )-1.25)^2``````` Target-5
270`````````````````````` =degree/180=270/180=1.5`````````````` =(sqrt( PDL )+1.5)^2`````````` =(sqrt( PDL )-1.5)^2```````` Target-6
315`````````````````````` =degree/180=315/180=1.75````````````` =(sqrt( PDL )+1.75)^2````````` =(sqrt( PDL )-1.75)^2``````` Target-7
360`````````````````````` =degree/180=360/180=2```````````````` =(sqrt( PDL )+2)^2```````````` =(sqrt( PDL )-2)^2`````````` Target-8

Based On Previous Days Close Price
(lets call it PDC )
Degree's````````````````` Degree Factor```````````````````````` Buy````````````````````````` Sell
11.25```````````````````` =degree/180=11.25/180=0.0625````````` =(sqrt( PDC )-0.0625)^2``````` =(sqrt( PDC )+0.0625)^2````` SL
22.5````````````````````` =degree/180=22.5/180=0.125``````````` =(sqrt( PDC )+0.125)^2```````` =(sqrt( PDC )-0.125)^2`````` Buy/Sell At
45``````````````````````` =degree/180=45/180=0.25`````````````` =(sqrt( PDC )+0.25)^2````````` =(sqrt( PDC )-0.25)^2``````` Target-1
90``````````````````````` =degree/180=90/180=0.5``````````````` =(sqrt( PDC )+0.5)^2`````````` =(sqrt( PDC )-0.5)^2```````` Target-2
135`````````````````````` =degree/180=135/180=0.75````````````` =(sqrt( PDC )+0.75)^2````````` =(sqrt( PDC )-0.75)^2``````` Target-3
180`````````````````````` =degree/180=180/180=1```````````````` =(sqrt( PDC )+1)^2```````````` =(sqrt( PDC )-1)^2`````````` Target-4
225`````````````````````` =degree/180=225/180=1.25````````````` =(sqrt( PDC )+1.25)^2````````` =(sqrt( PDC )-1.25)^2``````` Target-5
270`````````````````````` =degree/180=270/180=1.5`````````````` =(sqrt( PDC )+1.5)^2`````````` =(sqrt( PDC )-1.5)^2```````` Target-6
315`````````````````````` =degree/180=315/180=1.75````````````` =(sqrt( PDC )+1.75)^2````````` =(sqrt( PDC )-1.75)^2``````` Target-7
360`````````````````````` =degree/180=360/180=2```````````````` =(sqrt( PDC )+2)^2```````````` =(sqrt( PDC )-2)^2`````````` Target-8


example based On Today's Opening Price = 4339
Degree's```````` Degree Factor```````` Buy`````````` Sell
11.25``````````` 0.0625``````````````` 4330.77`````` 4347.24```````` SL
22.5```````````` 0.125```````````````` 4355.48`````` 4322.55```````` Buy/Sell At
45`````````````` 0.25````````````````` 4372.00`````` 4306.13```````` Target-1
90`````````````` 0.5`````````````````` 4405.12`````` 4273.38```````` Target-2
135````````````` 0.75````````````````` 4438.37`````` 4240.76```````` Target-3
180````````````` 1```````````````````` 4471.74`````` 4208.26```````` Target-4
225````````````` 1.25````````````````` 4505.24`````` 4175.88```````` Target-5
270````````````` 1.5`````````````````` 4538.86`````` 4143.64```````` Target-6
315````````````` 1.75````````````````` 4572.61`````` 4111.51```````` Target-7
360````````````` 2```````````````````` 4606.48`````` 4079.52```````` Target-8

Note : ignore the '`' , inserted them to fill up the spaces , it was looking very weird!, tried to fix it as much as I can.
Note :- Please correct me if I'm wrong , as I've already mentioned I don't have it's original documentation.
if anyone can find it or already has it then please feel free to share it.
Release Notes: Updated script on 08-08-2022
Updatess :-
Added Option to change Line Style
Added Option to change position of Labels
Added Option to change size of Labels
the cell in whose range LTP is present will be highlighted with Black background.
Release Notes: Changelog :-
Provided option to choose the colors for Buy/Sell Levels & Labels.
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