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WD Gann Box Forex Indicator (MT4)

The WD Gann Box indicator for MT4 transforms price data into Gann based trend lines that can be used in multiple ways.

WD Gann trend lines identifies support and resistance levels that might help you in taking informed buy & sell trades.

They can be also used for stop loss and take profit purposes.

The WD Gann Box indicator is very reliable, lightweight, and will not slow down your trading platform.

After you downloaded and installed the indicator on the MT4 trading platform, it should look like the image as shown below.

Key Points

  • Identifies support & resistance
  • Draws Gann based trend lines
  • Works on any time frame
  • Non-repaint technical indicator
  • Well worth adding to your indicator collection

This indicator can work together with any existing trading strategy or system for stop loss and take profit placement.

Free Download 

Download the “wd-gann-box-indicator.ex4” MT4 indicator

Indicator Example Chart

The EUR/USD 4-hour chart below shows the WD Gann Box Forex indicator in action.

Basic Trading Signals

Signals from the WD Gann Box Forex indicator for Metatrader 4 are easy to interpret and goes as follows:

BUY:

  • A new buy signal is given when price breaks above the Gann resistance trend line and the overall trend is up.
  • Place stop loss below support.
  • Exit the buy trade for a predetermined profit target or wait for a sell signal.

SELL:

  • A new sell signal is given when price breaks below the Gann support trend line and the overall trend is down.
  • Place stop loss above resistance.
  • Exit the sell trade for a predetermined profit target or wait for a buy signal.

Download This Forex Indicator

Download the “wd-gann-box-indicator.ex4” MT4 indicator

Adjustable Parameters & Settings

Time frame, background, line style, width

Feel free to explore the indicator’s different parameters and settings to create your own personalized indicator setup.

More Info About This Indicator

Currency Pairs: works on any currency pair

Trading Platform: developed for Metatrader 4 (MT4)

Time Frames: any

Indicator Type: trend lines

How to install the WD Gann Box indicator in Metatrader 4?

  • Copy and paste the wd-gann-box-indicator.ex4 indicator into the MQL4 indicators folder.
  • You can access this folder from the top menu as follows:
  • File > Open Data Folder > MQL4 > Indicators (paste here)

How to remove the indicator from the chart?

  • Right click in the chart
  • Select indicators list
  • Click on the indicator’s name
  • Click on the delete button