Mikula Forecasting Company

MarketWarrior Gann Extension and Speed line

The chart below shows the MarketWarrior indicator Gann Speed Lines. This indicator will draw three sets of lines. First the indicator will draw the range retracement values based on Gann's eight divisions of the range. Second the indicator will draw range extension price levels. Finally the indicator will draw Gann Speed Lines which are the diagonal lines on the second chart below. The first chart below shows the range retracement and extension lines.