Gann Square Indicator MT4 Free Download

The Gann Square Indicator for MT4 is a technical analysis tool based on the principles developed by the renowned trader W.D. Gann. It is designed to help traders identify potential support and resistance levels, as well as forecast future price movements based on geometric patterns.

The indicator plots a series of diagonal lines on the chart, forming a square or rectangular grid. These lines are drawn based on mathematical calculations that consider both price and time. The Gann Square Indicator applies the principles of geometry to financial markets, aiming to identify key levels where price action is likely to encounter obstacles or change direction.

Traders can use the Gann Square Indicator to analyze market trends, identify significant price levels, and generate trading signals. The indicator helps in identifying potential turning points, as well as the strength of support and resistance zones. By observing how price interacts with the diagonal lines and grid structure, traders can make informed decisions regarding entry and exit points, stop-loss levels, and profit targets.

Install the "Gann Square Indicator" in MT4 (MetaTrader 4)

Step 1 - Locate the indicator file

Ensure that you have downloaded the indicator file in the correct format, typically in the .ex4 or .mq4 format. Make sure you know the exact location where the file is stored on your computer.

Step 2 - Open MT4

Launch MetaTrader 4 on your computer. If you don't have MT4 installed, you can download it from your website or from theforex7.com website.

Step 3 - Access the "Navigator" window

In MT4, you will find the Navigator window usually located on the left-hand side of the platform. If you can't see it, go to the "View" menu and select "Navigator" to display it.

Step 4 - Locate the "Indicators" folder

In the "Navigator" window, you will see various folders. Look for the "Indicators" folder and double-click on it to expand its contents.

Step 5 - Copy the indicator file

Now, locate the indicator file you downloaded (the .ex4 or .mq4 file) in your file explorer. Copy the file by right-clicking on it and selecting "Copy" from the menu.

Step 6 - Paste the indicator file

Go back to the MT4 platform, right-click on the "Indicators" folder in the "Navigator" window, and select "Paste" from the menu. This action will copy the indicator file into the appropriate folder in MT4.

Step 7 - Restart MT4

To ensure that the indicator is properly loaded, restart your MT4 platform. Close it completely and then relaunch it.

Step 8 - Apply the indicator to a chart

Once MT4 restarts, open the desired chart where you want to apply the Gann Square indicator. Right-click on the chart, select "Indicators," then find and click on the "Gann Square" indicator from the list of available indicators.

Step 9 - Configure indicator settings

After adding the Gann Square indicator to the chart, a settings window will appear. Here, you can customize the parameters according to your preferences. Adjust the settings such as color, line style, periods, or any other available options.

Step 10 - Confirm and apply

Once you have configured the settings, click the "OK" button to apply the indicator to the chart. The Gann Square indicator should now be visible on your selected chart with the chosen settings.