GGG - Gann Grid Group Trading | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Flexy Grid EA (Grid Trading) 1,363 replies

Grid - New indicator that replaces chart grid 60 replies

Grid, Burst Grid, Grid Risk and Grid Profit 1 reply

Drawing Gann Grid in mt4, the correct way 3 replies

MQL4: Price cross Gann grid? 3 replies

Attachments: GGG - Gann Grid Group Trading
Exit Attachments

GGG - Gann Grid Group Trading

  • #101
  • Jul 21, 2009 11:56pm Jul 21, 2009 11:56pm
haiderfsd, hasn't the positive line already broken? If you look at the last lowest low it has been broken and now positive line is now on new valley? So we are just waiting for a poitive break now? Can we take trade if price further breaks the sell zone or do we have to have a negative line break too?
  • #102
  • Jul 22, 2009 12:08am Jul 22, 2009 12:08am
Also haiderfsd, you say to set grid to 10 in metatrader but then you line up a low with a lower low. Doesn't that then change the scale?
  • #103
  • Jul 22, 2009 12:09am Jul 22, 2009 12:09am
Sorry. That last entry should read...

Also haiderfsd, you say to set grid scale to 10 in metatrader but then you line up a low with a higher low. Doesn't that then change the scale from 10?
  • #104
  • Jul 22, 2009 2:03am Jul 22, 2009 2:03am
please post grid indicator
  • #105
  • Jul 22, 2009 5:02am Jul 22, 2009 5:02am
Quoting haiderfsd
Great, you got it.
haiderfsd, after reading this thread again it seems every reader is confused about the angle of the grid. Some folks are saying keep it at 45 degrees then you say to wedwed the above when it looks like he is just joining up highs and lows and not sticking to a 45 degree angle.

So PLeeeeeeease can you answer once an for all. When applying the grid do we start at the lowest low and take it to the next low? If so this will change the scale from 10 OR do we apply the grid with a scale of 10 and move it without moving the angles until it touches the current low and the current high? If so it is unlikely that wedweds charts are right.

Can you please clear this up for everyone as everyone is still completely confused.

Gaz
  • #106
  • Jul 22, 2009 5:04am Jul 22, 2009 5:04am
Quoting tamiraem
please post grid indicator
The grid indicator is included in metatrader which you can download free. It's not under indicators in metatrader it's under "insert" then "Gann"
  • #107
  • Jul 22, 2009 6:40am Jul 22, 2009 6:40am
OK here is a chart with the grid left at 45 degrees (or scale of 1) To me it looks confusing. Have I got something wrong or is this in a sell zone most of the time but takes off as a long trade???
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_14 Jul. 22 21.36.gif Size: 26 KB
  • #108
  • Jul 22, 2009 6:47am Jul 22, 2009 6:47am
Now here is the same chart but instead of choosing a scale or making the scale 10 I just moved the grid from the lowest point to the next lowest point. I have no idea what the scale is as it moved as I moved the grid from one point to the other.
But it seems to make much more sense. As you can see price broke the original grid line so I drew another line parallel to the original line directly below it (in purple) and you can see a negative matching line also in purple.

This chart seems to make much more sense because price really took off once the negative line was broken.

The question still remains. Which way is the grid supposed to be applied? You either make the scale 10 and leave it at that OR you move the grid from the lowest low to the next low which also changes the scale of the grid making instructions in this thread irrelevant when they say change scale to 10.

Please can someone clear this up once and for all. It is not clear at this stage.

Gaz
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_13 Jul. 22 21.35.gif Size: 24 KB
  • #109
  • Jul 23, 2009 2:33am Jul 23, 2009 2:33am
Quoting haiderfsd
Ok, soon i will upload line chart video.
Thanks.

Juhanimi
  • #110
  • Jul 23, 2009 5:44pm Jul 23, 2009 5:44pm
Quoting haiderfsd
Hi,
In next phase we will learn break Quality and accuracy. And also take profit target.
Good Luck
Can I ask what your profit target is?
  • #111
  • Jul 26, 2009 10:58am Jul 26, 2009 10:58am
Is here somebody else, who can answer the questions?

I found something about Gann swing charts-> Using Gann Swing Charts In Futures Trading

It is a free site.
  • #112
  • Jul 27, 2009 2:43am Jul 27, 2009 2:43am
In previous lessons i mentioned how we have to change grid and what is lowest and highest point. Once again i am telling that if you have 5 decimal chart then you will use scale 10 and if your are using 4 decimal chart then you will use scale 1. And when ever one lowest valley will be break then we will move GG positive line to next Lowest valley as well as when highest peak will be break then we will move GG negative line to next highest peak.



Quoting forexgaz
Now here is the same chart but instead of choosing a scale or making the scale 10 I just moved the grid from the lowest point to the next lowest point. I have no idea what the scale is as it moved as I moved the grid from one point to the other.
But it seems to make much more sense. As you can see price broke the original grid line so I drew another line parallel to the original line directly below it (in purple) and you can see a negative matching line also in purple.

This chart seems to make much more sense because price really took off once...
  • #113
  • Jul 27, 2009 2:45am Jul 27, 2009 2:45am
what is your question?

Quoting juhanimi
Is here somebody else, who can answer the questions?

I found something about Gann swing charts-> Using Gann Swing Charts In Futures Trading

It is a free site.
  • #114
  • Jul 27, 2009 3:16am Jul 27, 2009 3:16am
My problem is same as forexgaz`s problem.
It is different in different timeframes,( so do You trade with mt4), and can You please put that video so we can watch how to do.
And my gann line have time to, so it needs 2 points to draw the line, and the points are never 1 or 10 (if I draw Gann line from peak to valley or vise versa).
This is so confusing, so please load up that video.

Thank You haiderfsd
  • #115
  • Jul 27, 2009 3:39am Jul 27, 2009 3:39am
Something like this.
No confusion there.

http://www.forexfactory.com/showthre...63#post1916063
  • #116
  • Jul 29, 2009 9:03pm Jul 29, 2009 9:03pm
ON it, will post compete lesson.
Quoting forexgaz
Can I ask what your profit target is?
  • #117
  • Jul 29, 2009 9:10pm Jul 29, 2009 9:10pm
ok, i will upload video and about GG in different time frames, you have to draw GG separately in every time frame. Do not draw GG in one time frame and change time frame with that GG.

Quoting juhanimi
My problem is same as forexgaz`s problem.
It is different in different timeframes,( so do You trade with mt4), and can You please put that video so we can watch how to do.
And my gann line have time to, so it needs 2 points to draw the line, and the points are never 1 or 10 (if I draw Gann line from peak to valley or vise versa).
This is so confusing, so please load up that video.

Thank You haiderfsd
  • #118
  • Jul 30, 2009 12:30am Jul 30, 2009 12:30am
Thank You haiderfsd.
Do You use other indicators to confirmation?
That Gann 3 is great 2.
Gann had more than 45 years knowledge about markets, so we have to listen him.
  • #119
  • Aug 3, 2009 2:09am Aug 3, 2009 2:09am
haiderfsd, is this right? Please see attached pic
Attached Image
  • #120
  • Aug 3, 2009 11:07pm Aug 3, 2009 11:07pm
yes, we use Fibonacci Retracement and Fibonacci Time Zone to get confirm signal and also use Fibonacci Retracement for Takeprofit.

Quoting juhanimi
Thank You haiderfsd.
Do You use other indicators to confirmation?
That Gann 3 is great 2.
Gann had more than 45 years knowledge about markets, so we have to listen him.
0 traders viewing now