The use of square root relationships in market analysis is an often overlooked method of identifying potentially important inflection points in price. Despite infrequent use, square root relationships are considered by some traders to be one of the easiest and most reliable methods of identifying potential support and resistance points in just about any freely traded instrument.
The Gann Square Root indicator is based on the analysis of 20th-century trader WD Gann, who pioneered the use of these square root relationships in trading. The square root levels produced by this indicator can help to identify important support and resistance levels for any instrument you are trading.
The use of square root relationships in market analysis is an often overlooked method of identifying potentially important inflection points in price.
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This Indicator is only compatible with FXCM Trading Station Desktop software. Additionally, an FXCM account is required (including free FXCM demo accounts).
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