Gann Multi Trend Indicator for MT4 and MT5

Written by Dominic Walsh · Published 8 Jun 2026 · Last updated 18 Sep 2026

This one genuinely reads four timeframes. The gann multi trend indicator runs a Gann Hi-Lo state on M15, H1, H4 and daily bars, prints all four in a corner dashboard, and only puts an arrow on your chart when every one of them points the same way.

This build ships as a compiled .ex4 for MT4 and .ex5 for MT5; the screenshots below come from EURUSD H1.

Platforms	MT4 (.ex4) + MT5 (.ex5)
Chart window	Main price chart
Plots	2: GannMT Buy, GannMT Sell
Alerts	popup
Inputs	12

Plots, colours and placement

Two arrow plots and a dashboard.

`GannMT Buy` uses arrow 233 in lime.

`GannMT Sell` uses arrow 234 in red.

Marks sit `ArrowOffsetPts` `30` points clear.

The dashboard lists all four timeframes.

`ColUp` and `ColDown` colour each row.

• GannMT Buy: arrow, lime, width 2, arrow code 233
• GannMT Sell: arrow, red, width 2, arrow code 234

What feeds each plot

One state per timeframe

`GannPeriod` `5` sets each reading, and every result comes out either up or down. That single state is all any timeframe contributes.

Lining up the bars

iBarShift does the mapping. For your current bar’s time it finds the matching bar on each higher timeframe, so all four states describe the same moment.

The agreement test

All four have to match. The code also reads the previous bar’s four states, so a mark prints only where agreement is new rather than continuing.

What you act on

The dashboard shows each timeframe separately.

An arrow means all four agreed for the first time.

Agreement across daily bars is rare.

Disagreement in the dashboard is the normal state.

A five-bar Gann period is fast on every timeframe.

The mark describes a moment, not a duration.

Alert channels in this build: popup, one message per closed bar.

`EnableAlerts` is the single alert control and ships true. It raises a terminal message on the closed bar where all four timeframes first agree. This build carries no phone, mail or sound route.

Every Gann Multi Trend Indicator input

Core settings

Setting	What it does	Default
GannPeriod	Gann Hi-Lo period. Bars in each Hi-Lo reading, `5`.	5

Display settings

Setting	What it does	Default
ArrowOffsetPts	Arrow offset (points). Points between mark and candle, `30`.	30
ShowDashboard	Show MTF dashboard. Show the four-row readout, `true`.	on
DashCorner	0=TL,1=TR,2=BL,3=BR. Which corner, `1`.	1
DashXOffset	Dashboard X offset.	12
DashYOffset	Dashboard Y offset.	24
DashFontSize	Dashboard font size. Readout text size, `10`.	10
DashFontName	Readout typeface, `”Consolas”`.	Consolas
ColUp	Up row colour, `clrLime`.	lime
ColDown	Down row colour, `clrRed`.	red
ColHeader	Header colour, `clrWhite`.	white

Alert settings

Setting	What it does	Default
EnableAlerts	Alert when all 4 TFs align. Alert when all four align, `true`.	on

Which pair, which timeframe

Four timeframes sit fixed in the code, so your chart choice only decides where marks land. EURUSD H1 is the reference chart. Agreement comes a few times a week there. On M5 the marks hit the same moments with finer placement.

Where it lets you down

A daily state changes rarely, so it gates everything.

Agreement often arrives after a move is well underway.

Four fast readings can align on noise.

The dashboard needs chart space to stay readable.

Copy the compiled Gann Multi Trend Indicator file into your MQL4/Indicators folder, and the MT5 build into MQL5/Indicators, then restart the terminal and drag it onto a chart. The step-by-step guide with screenshots is at how to install MT4 and MT5 indicators.

Download the Gann Multi Trend Indicator for MT4 and MT5

The zip holds the compiled Gann Multi Trend Indicator build for MT4 and MT5, plus a short README. Compiled files only, no source. Enter your email below and the download link arrives in your inbox.

FAQ

Which four timeframes does GannPeriod run on?

M15, H1, H4 and D1. The source fixes those four rather than offering them as inputs, so the same set gets read whichever chart timeframe you load the tool onto.

Why does GannMT Buy need fresh agreement?

Because agreement can hold for many bars in a trend. The code compares the previous bar’s four states with the current ones, so an arrow prints where they first line up rather than on every bar after.

What does the ShowDashboard readout add?

The reason behind the arrow. Without it you only see marks. With it you can watch three timeframes agree while the daily holds out, which often tells you more than the arrow does.

Is GannPeriod 5 fast for a daily reading?

Yes, deliberately. Five daily bars covers a trading week, which turns often enough that the daily row still changes rather than gating the tool into permanent silence.

Are results guaranteed?

No. Trading involves risk. Results are not guaranteed; past performance is not indicative of future results. Use the Gann Multi Trend Indicator as one input. Always backtest before trading live.