The Morindok Dynamic Gann Spiral Ratio indicator computes time and price angles derived from a dynamic N value based on volatility and a selected price source.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Morindok Dynamic Gann Spiral Ratio calculates a ratio between these angles and generates buy or sell signals when the ratio approaches a target within tolerance, plotted as triangles on the chart. The indicator draws time angle, price angle, and ratio lines in the data window. Inputs control the time cycle, enable auto or manual N, select spiral mode, choose ratio mode, and adjust target and tolerance. Signals appear on the price chart as instantaneous hits.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Price Source
source
close
src
Time Cycle (Minutes)
int
5
time_param
Auto-calculate N (Volatility Based)
bool
true
use_auto_n
Manual N Value
float
50.0
manual_n
Use Golden Logarithmic Spiral
bool
false
use_spiral
Ratio Mode
string
Time / Price
ratio_mode
Target Ratio
float
0.618
ratio_target
Ratio Tolerance
float
0.01
tolerance
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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