MTC AUTO GANN ANGEL BOX


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MTC AUTO GANN ANGEL BOX — Automatic Gann Square with Angle Fan for TakeProfit

This indicator automatically constructs a Gann Box from the most recent swing high and swing low, then projects it forward from the last pivot point. Inside the box, a complete Gann grid divides price and time into eighths and thirds. From all four corners, Gann angle lines radiate inward — creating the classic star pattern that maps price-time harmony at every significant ratio.

Part of the MTC Gann Analysis Suite.

━━━ HOW THE BOX IS CONSTRUCTED ━━━

The indicator finds the highest high and lowest low within the lookback window (default: 100 bars). It determines which pivot occurred last — the high or the low — and projects the box FORWARD from that pivot.

  • If the LOW is the most recent pivot → box projects upward from the low (bullish context, green tint)
  • If the HIGH is the most recent pivot → box projects downward from the high (bearish context, red tint)

The box width equals the time distance between the two pivots. The box height equals the price range. This creates a proportional square where price and time are balanced — the core principle of Gann's geometry.

━━━ THE GANN GRID ━━━

Inside the box, horizontal and vertical lines divide both price and time into Gann's key proportions:

HORIZONTAL (Price Division):

  • 12.5% / 87.5% — Eighths (subtle dotted)
  • 25% / 75% — Quarters (dashed, stronger)
  • 33.3% / 66.7% — Thirds (dashed)
  • 37.5% / 62.5% — Three-Eighths (dotted)
  • 50% — Midpoint (drawn by the Rectangle's built-in middle line)

VERTICAL (Time Division):

Same ratios applied to time — marking when key time proportions are reached within the box cycle.

The intersection points of horizontal and vertical grid lines form a matrix of price-time nodes. Gann believed that when price arrives at a node where both price and time align at a key ratio, a significant reaction is likely.

━━━ THE ANGLE FAN ━━━

From all four corners of the box, diagonal angle lines radiate inward. Two sets are available:

PRIMARY (default — 12 lines total, 3 per corner):

  • 1×2 (26.57°) — Price moves half as fast as time
  • 1×1 (45°) — Perfect price-time balance — THE key angle
  • 2×1 (63.43°) — Price moves twice as fast as time

FULL (36 lines total, 9 per corner):

  • 1×8, 1×4, 1×3, 1×2, 1×1, 2×1, 3×1, 4×1, 8×1

The 1×1 angle is the most important — Gann called it the "45-degree angle" and considered it the equilibrium line between price and time. When price is above the 1×1 from the bottom-left corner, the market is in a bullish state. Below it = bearish.

The four-corner pattern creates a star of intersecting angles inside the box. Where multiple angle lines converge at the same point, that area becomes a strong support/resistance cluster.

━━━ DIRECTION COLOR ━━━

The box border and background tint change based on market context:

  • GREEN TINT — Box projected from the low (bullish: last pivot was a swing low, price is rising from it)
  • RED TINT — Box projected from the high (bearish: last pivot was a swing high, price is falling from it)
  • NEUTRAL AMBER — When Direction Color is turned off

This gives you instant visual context about the current market phase without reading any numbers.

━━━ PRICE POSITION DISPLAY ━━━

A live readout shows where the current price sits within the box:

Example: "42.3% | LOWER MID | ~37.5%"

This tells you:

  • 42.3% — The exact percentage position within the box range
  • LOWER MID — The zone classification (Below Box / Lower Zone / Lower Mid / Upper Mid / Upper Zone / Above Box)
  • ~37.5% — The nearest Gann grid level

The color adapts: green in the middle, orange near the top, blue near the bottom, red when outside the box. This is especially useful for gauging whether price is overextended or near a key reaction level.

━━━ EXTENDED S/R LEVELS ━━━

When enabled, the 7 key grid levels (0%, 25%, 33.3%, 50%, 66.7%, 75%, 100%) are projected as dotted lines beyond the right edge of the box — extending one full box width into the future. The 50% and boundary lines (0%, 100%) are drawn stronger.

These serve as forward-looking support and resistance targets for when price exits the box. Gann believed that these proportional levels continue to influence price even beyond the original structure.

━━━ ALERT SUPPORT ━━━

The indicator outputs 5 invisible plot lines that can be used as alert sources in TakeProfit's native alert system:

  • Box Top (100%)
  • Box 75%
  • Box 50%
  • Box 25%
  • Box Bottom (0%)

To set an alert: Click "Alerts" → "New Alert" → Source: "MTC AUTO GANN ANGEL BOX" → select any of the 5 levels → Condition: "Crosses" → Done. You will be notified when price crosses a key Gann level.

The lines are invisible on the chart (no visual clutter) but fully functional as alert triggers.

━━━ HOW TO TRADE WITH THIS ━━━

Box as Context Frame:

  • Green box = bullish context — look for longs at grid support levels within the box
  • Red box = bearish context — look for shorts at grid resistance levels
  • Price inside the box = range phase — trade the grid levels as S/R
  • Price outside the box = breakout/breakdown — use extended S/R as targets

The 1×1 Diagonal:

Price above the 1×1 angle from bottom-left = bullish momentum

Price below the 1×1 from top-left = bearish momentum

When price touches the 1×1 and bounces = trend continuation

When price breaks through the 1×1 = momentum shift

Grid Node Reactions:

  • Where horizontal and vertical grid lines intersect = price-time node
  • Strongest reactions occur at nodes on the 25%, 50%, 75% levels
  • Combine with the angle fan: if an angle line also passes through the same node, the reaction probability increases significantly

Breakout Targets:

  • When price breaks above the box top, use Extended S/R levels from the NEXT box projection
  • The 50% level of the projected range is the minimum target
  • The 25%/75% levels act as intermediate stations

Position Sizing:

  • Price in the 0-25% zone = high risk for shorts, ideal for longs
  • Price in the 75-100% zone = high risk for longs, ideal for shorts
  • Price at 50% = decision point — wait for direction confirmation

━━━ SETTINGS ━━━

  • Lookback Bars (default: 100) — How many bars back to search for the swing high and swing low. Increase for larger boxes on higher timeframes, decrease for tighter boxes on lower timeframes
  • Show Box — Toggle the box rectangle with direction-colored border
  • Show Grid — Toggle all horizontal and vertical grid lines inside the box
  • Show Angles — Toggle the diagonal angle lines from all 4 corners
  • Angle Set (PRIMARY / FULL) — PRIMARY shows 3 angles per corner (1×2, 1×1, 2×1). FULL shows all 9 Gann angles per corner (1×8 through 8×1). Use PRIMARY for a clean chart, FULL for deep analysis
  • Price Position in Box — Toggle the live percentage/zone display • Direction Color — Toggle the green/red box tinting based on market direction
  • Extended S/R Levels — Toggle the projected support/resistance lines beyond the box
  • Price Labels — Toggle price values at each grid level on the right edge of the box 
  • Info Panel — Toggle the top-right dashboard with box metrics

━━━ RECOMMENDED SETTINGS ━━━

  • Scalping (1m–15m): Lookback 50, Angles PRIMARY, Extended S/R ON
  • Day Trading (15m–1h): Lookback 100, Angles PRIMARY, Direction Color ON
  • Swing Trading (4h–1D): Lookback 100–200, Angles FULL, Extended S/R ON
  • Position Trading (1D+): Lookback 200–300, Angles FULL, all features ON
  • Clean Overview: Only Box + Grid, Angles OFF, Price Position ON
  • Maximum Detail: Angles FULL + Price Labels + Extended S/R + Info Panel

━━━ WHAT THE MATH DOES ━━━

Swing Detection:

Uses Highest/Lowest with SinceHighest/SinceLowest over the lookback window. This finds the absolute high and low and their bar positions — more robust than PivotHighLow for this application.

Box Projection:

Last Pivot Time = time of whichever swing occurred most recently Box Left = Last Pivot Time Box Right = Last Pivot Time + |High Time - Low Time| Box Top/Bottom = projected from the last pivot using the full price range

Angle Calculation:

For ratio ≤ 1.0: the line spans the full time width, price change = box_range × ratio For ratio > 1.0: the line spans a fraction of time width (1/ratio), price change = full box_range Each corner generates angles in its natural direction (bottom-left → up-right, top-right → down-left, etc.)

Extended S/R: Extends key grid levels one full box width beyond the right edge: Extension Right = Box Right + (Box Right - Box Left) Level Price = Box Bottom + Box Range × ratio

$5/Month
The subscription will be paid monthly. Cancel anytime
mtc
mustermann
grid
gann
angels
fan
projection
support
resistance
star pattern

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