The provided source material focuses exclusively on technical analysis tools, specifically Gann Square of Nine calculators and various pivot indicators available for free. There is no information regarding free samples, promotional offers, no-cost product trials, brand freebies, or mail-in sample programs related to beauty, baby care, pet products, health, food, or household goods. Consequently, the following article details the available free trading tools and scripts found in the documentation, adhering strictly to the provided data.
Overview of Available Free Tools
The documentation references several free tools and scripts designed to assist traders with market analysis. These resources include web-based calculators, open-source scripts for charting platforms, and indicators that calculate support and resistance levels based on specific mathematical formulas.
- Gann Square of Nine Calculator: A primary resource mentioned is a free Gann Square of Nine calculator available at
stockmaniacs.net/freebies/free-tools/gann-square-of-9-calculator/. This tool is designed to help traders identify potential support and resistance levels based on Gann theory. - Open-Source Scripts: Several scripts are described as open-source, allowing traders to review and verify their functionality. The documentation notes that while these tools are free to use, republication of the code is subject to specific rules.
- Indicator Features: Many of the tools described offer features such as extended levels, the ability to toggle levels on or off, and the option to obtain price levels at specific times.
Gann Square of Nine and Pivot Calculators
The Gann Square of Nine is a recurring theme in the source material, utilized for forecasting price movements and identifying pivot points.
Functionality and Usage
The Gann Square of Nine calculator is highlighted as a tool that incorporates natural numbers to determine support, resistance, and trend direction. The documentation suggests that traders use these calculated levels to make buy or sell decisions when combined with other signals.
Specific Tool: Stockmaniacs.net Calculator
The calculator hosted on stockmaniacs.net is explicitly identified as a free resource. It is described as part of a trading system that traders can use without cost. The documentation does not provide specific details on the mathematical algorithm used within this specific calculator but confirms its availability for free download or access.
Auto Fibonacci and Pivot Indicators
The source material details various indicators that automatically calculate and plot Fibonacci retracement levels and pivot points. These indicators are designed to identify potential areas of support and resistance dynamically.
Auto Fibonacci Levels
Several scripts are described as "Auto Fibonacci" tools. These indicators automatically draw Fibonacci levels based on previous price ranges (Daily, Weekly, or Monthly). * Calculation Basis: The indicators typically use the High-Low range of the previous period. Some variations use the HLC3 (High, Low, Close average) as the default pivot level. * Level Visualization: The levels are color-coded for easy identification. For example: * Yellow: Pivot and Pivot Zone. * Red: R1/S1 Levels (0.236 * Range). * Green: R2/S2 Levels (0.368 * Range). * Lime: R3/S3 Levels (0.618 * Range). * Blue: R4/S4 Levels (0.786 * Range). * Gray: R5/S5 Levels (1.000 * Range). * Extended Levels: Some versions of these indicators have been modified to include "next" Fibonacci levels, extending beyond the standard R3/S3. The documentation notes that these levels do not update on the current day if the price moves past R3/S3, unlike other variations.
Price Pivots for NSE Index & F&O Stocks
A specific indicator is detailed for the National Stock Exchange of India (NSE). While this is specific to Indian markets, the mechanics described are relevant to pivot theory. * Purpose: It calculates the price range a stock or index can move in a Day, Week, or Month. * Advantages: The source claims this is a leading indicator that does not repaint. It is said to help identify tight price ranges and option strike prices. The source claims the levels are "more reliable and authentic than Gann Square of 9 Levels." * Limitations: The indicator is restricted to NSE listed indices (NIFTY, BANKNIFTY, FINNIFTY, MIDCPNIFTY) and F&O stocks. It requires manual data entry and updating. * Usage: It is recommended for day traders using timeframes of 5 minutes or higher, avoiding the first hour of market open (9:15 am to 10:15 am) to allow proper swings to form.
Advanced Trading Toolkits
The documentation also mentions a comprehensive toolkit known as "vStrat Algo 2.0."
vStrat Algo 2.0 Features
This toolkit is described as a non-repainting system applicable to various markets including stocks, crypto, forex, and commodities. It offers 8 advanced features and 10 sensitivity presets. * Non-Repainting: A key feature highlighted is that signals triggered in real-time remain constant during backtesting. If this feature is disabled, signals may disappear or shift as new data arrives. * Signal Sensitivity: The toolkit allows users to adjust sensitivity. Higher sensitivity (3.0 - 5.0) generates more signals, suitable for scalping on lower timeframes (1 min - 5 min). Lower sensitivity (0.5 - 2.5) generates fewer signals.
External Resources and Educational Content
The source material references external websites and educational content related to technical analysis and trading.
- TradingView Scripts: Links are provided to TradingView script pages where users can find various indicators, including those related to Gann theory and pivots.
- Educational Videos: The documentation mentions YouTube videos for learning to trade using planetary movements (Astro Trading) and price action.
- Other Tools: References are made to a PIP Calculator and a Harmonic Pattern Scanner tool available at
harmonicpattern.com/symbol.
Conclusion
The provided source material offers a detailed look into free technical analysis tools, specifically focusing on Gann Square of Nine calculators and Auto Fibonacci Pivot indicators. While these resources are available at no cost, users should be aware of specific limitations, such as the manual data requirements for the NSE-specific pivot indicator. The documentation emphasizes the use of open-source scripts and non-repainting indicators to assist traders in identifying support, resistance, and trend direction.