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Gann Fan Metatrader 4 Forex Robot

    The Gann Fan Metatrader 4 Forex Robot is an expert advisor that mimics the Gann Fan on the chart and trades along with its trend.

    The Gann Fan is based on the idea that the market is geometrical and cyclical in nature.

    However, this expert advisor is not exclusively built off the Gann Fan indicator.

    Two moving averages are also added to spice things up.

    Price changes are spotted using support and resistance levels that are an integral part of the diagonal lines or Gann angles.

    The Gann Fan forex robot deploys a set of logic that divides time and price into proportionate parts using the indefinite extension of each Gann angle.

    Carrying out back testing on the Gann Fan expert advisor is only possible when deployed on open prices.

    Free Download

    Download the “Gann Fan.mq4” MT4 robot

    Strategy Tester Report

    Find below the Gann Fan forex robot strategy tester report for the EUR/USD forex pair on the Daily chart.

    Overall Performance

    The EA made a total profit of $15622.58 from a total of 242 trades. The largest winning trade generated $1984.65 in profits while the largest losing trade generated a loss of-$708.47.


    Bars in test: 2587 ticks modelled

    Initial deposit: $10000.00

    Total net profit: $15622.58

    Total trades: 242

    Largest profit trade: $1984.65

    Largest loss trade: -$708.47

    Consecutive wins: 5

    Consecutive losses: 1


    Download the “Gann Fan.ex4” Metatrader 4 robot

    MT4 Forex Robot Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: Expert advisor

    Input Parameters: GANN_FAN length (bars), GANN_FAN color, Enable “no loss,” When to move break even, How much pips to move sl, Lots size, MaximumRisk, DecreaseFactor, TrailingStop, Stop Loss, MagicNumber, TakeProfit, FastMA, SlowMA, Momentum_Sell, Momentum_Buy

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

    Type: Gann Fan | Moving Average


    Copy and paste the Gann Fan.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.

    You can access this folder from the top menu as follows:

    File > Open Data Folder > MQL4 > Experts (paste here)

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