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- #61
- Mar 1, 2026 4:44pm Mar 1, 2026 4:44pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
- #63
- Mar 1, 2026 4:47pm Mar 1, 2026 4:47pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,377 Posts
{quote} Thanks alot Ian for sharing all this and hopefully you keep printing and we keep learning from youbut a question to ask is how we're you introduced to gann and how you got your basics right first as I think for me learn how to use these tools that you are using I first have to get the basics correct..would love to hear from you about it
attached in this template for Mt4 is the weeks measurements on H1 and this months on H4
make sure your starting point is fixed to the start of last week/month 00:00 time to the start of the next week/month 00:00 time like I have did it. . your always measuring the week/month just finished for next weeks/months trading. on your mt4 mine may be different to yours because of time zones. always use your correct 00:00 time
if you change the colour of the fibs and fib fan once this template is loaded in your MT4 then your fibs and fib fan will changed to these settings. there are instructions how to make this yourself on the first page of this thread.
A good example setup is like on this last m30 chart of UJ last week see the 4/8 level and 50% angles. support and resistance is also on the angles and is easily seen with the line chart.
- #76
- Mar 4, 2026 4:32am Mar 4, 2026 4:32am
- Joined Apr 2015 | Status: Trader | 1,067 Posts
{quote} soo basicly we draw these fans and then we use other confluences to allign to selll or buy in very short words right and these lines work as support and ressistence
I see in your image history you use zones of previous High/Low waves as S/R, these are good for sideway market moves, but when price break and start a trend, this kind of zoning will be useless because in trend, price will never come back to previous high/low and will always break previous high/low.
measuring is a different mindset, everything work in %'s (price/time/angles), so the "fans" are calculated accurate %'s from the measured period and can be used as S/R in trends.
here is a run down on how to read measurements, using GU week period:
blue box: last week high/low in price and start/end in time
vertical yellow: week cycles
vertical red: 50% of weeks
horizontal yellow: price cycles
horizontal red: 50% of price cycles
horizontal gray: price cycles 1/8's
aqua angles: 100% uptrend, 100% downtrend, 200% downtrend
red angles: 50% uptrend, 50% downtrend, 150% downtrend
same chart with quarters 25-75%'s(only downtrend as example)
of course you need other tools to measure price action High/Low to identify strangest levels in S/R, my fav is OsMA and Stochs, or any other indi's enough to read OB/OS and Divergence.
cheers,
"the public is not yet ready for it" W.D. GANN
- #80
- Mar 5, 2026 1:24am Mar 5, 2026 1:24am
- Joined Apr 2015 | Status: Trader | 1,067 Posts
{quote} What a great explanation buddy .. actually what you said about previous zones is true that I am far better when trading in ranges but in trending markets I sometimes lack and left behind still ...this approach to market has attracting me quiet nicely but I am still trying to figure out and learning before deploying real capital to it...and thanks for the knowledge bro hopefully I can see more of your posts
in your case, BB might help you benefit from both range+trend moves since it's a standalone breakout system, you just need to use time-based settings for accurate direction, to do that, you just count the number of TF bars in the period you want to follow, for example: if using M30 and want the direction of Day, the number of bars in 1day would be 48 so your BB should be set to 48, and if you want the direction of week in M30, BB=240(48x5=240), every TF has it's own setting so make sure you change settings when changing TF.
using simple or complex systems is not the goal, whatever system make you read the market correctly and help you make profits is the goal.
GU M30 BB48 for day direction
cheers,
"the public is not yet ready for it" W.D. GANN