The Gann Fan and Fibonacci Indicator in MT4 is an advanced hybrid tool that merges the geometry of Gann angle theory with the precision of Fibonacci retracement levels. This combination provides traders with a dual perspective, helping to identify both time–price relationships and key market levels across Forex, commodities, stocks, and cryptocurrencies.
Unlike traditional indicators that rely solely on price action, this tool highlights the balance between time progression and price movement, marking potential reversal zones with greater accuracy. By layering Gann’s diagonal angles with Fibonacci’s horizontal retracement levels, traders gain a structured framework to spot high-probability entry and exit zones.
This synergy creates high-confidence trading zones, offering traders clarity in both trending and ranging conditions.
The indicator includes flexible customization options:
These settings allow traders to align the tool with their personal trading style, timeframe, and risk management approach.
The Gann Fan and Fibonacci Indicator unifies two of the most respected analytical methods in trading. By fusing price levels with time geometry, it highlights zones where the market is most likely to react, giving traders an edge in identifying turning points.
Its adaptability across multiple markets and timeframes makes it a reliable companion for traders seeking precision in support, resistance, and reversal analysis.
Unlike traditional indicators that rely solely on price action, this tool highlights the balance between time progression and price movement, marking potential reversal zones with greater accuracy. By layering Gann’s diagonal angles with Fibonacci’s horizontal retracement levels, traders gain a structured framework to spot high-probability entry and exit zones.
Specifications
- Category: Trading Assist • Levels
- Platform: MetaTrader 4
- Skill Level: Intermediate
- Type: Reversal • Multi-Timeframe
- Style: Intraday Trading
- Markets: Forex • Commodities • Indices • Crypto • Stocks
- ِDownload: https://cdn.tradingfinder.com/file/503802/gann-fan-and-fibonacci-mt4-by-tflab.zip
How It Works
- Gann Angles: Represent the geometric balance between price and time, plotted as diagonal trend lines.
- Fibonacci Levels: Represent horizontal retracement and extension levels, pointing out potential pullbacks or continuation zones.
- Overlap Zones: When Gann and Fibonacci levels converge, the probability of a price reaction increases significantly.
This synergy creates high-confidence trading zones, offering traders clarity in both trending and ranging conditions.
Application in Trends
- Uptrend Example (EUR/AUD, M30):
A buy setup emerges when price touches a Gann support angle that coincides with a Fibonacci retracement level (e.g., 61.8%). A bullish reaction from this confluence zone signals a strong entry point. - Downtrend Example (NZD/CAD, H4):
A sell setup forms when price approaches a Gann resistance line overlapping with a Fibonacci retracement (e.g., 38.2% or 50%). If buyers weaken at this zone, the market is likely to shift lower, validating a short trade.
Indicator Settings in MT4
The indicator includes flexible customization options:
Zigzag Settings
- Depth, Deviation, Backstep
- Maximum Bars for historical data
Fibonacci Retracement
- Enable/disable retracement levels
- Color, style, and thickness of lines
- Standard levels: 0%, 38.2%, 50%, 61.8%, 100%
- Extra levels: 14.6%, 23.6%, 76.4%, 88.6%, 127.2%
- Option to display price values
Fibonacci Fan
- Enable/disable fan lines
- Color, style, and thickness of fan angles
- Standard fan angles: 38.2%, 50%, 61.8%
- Extra fan levels: 14.6%, 23.6%, 76.4%
These settings allow traders to align the tool with their personal trading style, timeframe, and risk management approach.
Conclusion
The Gann Fan and Fibonacci Indicator unifies two of the most respected analytical methods in trading. By fusing price levels with time geometry, it highlights zones where the market is most likely to react, giving traders an edge in identifying turning points.
Its adaptability across multiple markets and timeframes makes it a reliable companion for traders seeking precision in support, resistance, and reversal analysis.
