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Gann Analysis

  • #1,301
  • Oct 4, 2011 2:35pm Oct 4, 2011 2:35pm
Quoting bumapatria
thanks godim, i read it it was great

for a downtrend or uptrend fan, what scale should we use. Im using 10.
What is your recommendation?
This is the easiest question, right? I'll try to give a general answer, then maybe more specifically.
Let us consider the H1 chart. And a period of 16 days. This makes the 16 x 24 = 384 bar. Determine Murrey Math levels for this period. Here are the chart. One Murrey Math Interval is 122 pips. And one time interval is 384 / 8 = 48 bar. Then the ratio is obtained 122/48 = 2,54 pips/H1
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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,302
  • Oct 4, 2011 2:43pm Oct 4, 2011 2:43pm
To see the true picture 1x1 angles should be below 45 degrees. And to see the grid of squares, not rectangles.
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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,303
  • Oct 4, 2011 3:30pm Oct 4, 2011 3:30pm
That same chart for H4 and 64-day period. Bars are again 384. Murrey Math Interval is 244 pips. The time interval is still 48. Ratio is 244/48 = 5,04 pips/H4.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eurusd-1.gif Size: 35 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,304
  • Oct 4, 2011 3:54pm Oct 4, 2011 3:54pm
A chart of the M15 bar 385 are 4 days. Murrey Math Interval is 61. Ratio is 61/48 = 1,27 pips/M15. I always work on a daily chart and a one-year interval - 256 days.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 28 KB
Click to Enlarge Name: eurusd-1.gif Size: 35 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,305
  • Oct 4, 2011 4:44pm Oct 4, 2011 4:44pm
GODIM, how do you define an entry point for trading?
==========================================
GODIM, как Вы определяете точки входа для торговли ?
  • #1,306
  • Oct 4, 2011 11:46pm Oct 4, 2011 11:46pm
Quoting lotos7
GODIM, how do you define an entry point for trading?
==========================================
GODIM, как Вы определяете точки входа для торговли ?
I do not give trading signals. I just do analysis. Trade is very individual. One trader trades scalp. Other long-term. These traders must find their own point of entrance. If an analysis is made, it is possible that one trader to sell. The same analysis is possible another trader to buy. Finally, both lost. Is it wrong analysis? Eventually I hope to tell you so that everyone can make their own charts and analysis for each instrument you want.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,307
  • Oct 5, 2011 12:17am Oct 5, 2011 12:17am
To return to the previous discussion. What I showed charts are described in the article by Murrey Math fractals. MurreyMath indicator cares about the relationship of fractals in the price. And we must make the connection at the time. My approach is as follows. The main period is one year (256 days). Up next two years, 4 and 8 years. The graduations are down 128 days, 64 ... 32 ... 16 ... 8 ... 4 ... 2 .. 1 days and finally 12 and 6 hours. For each fractal, more precisely each two adjacent fractal I use a different chart. So when I look at M15 chart I know that it comes in 4 and 8 day fractals. And when I look W1 chart I'm looking for 4 and 8 year fractals. This is useful even if you do not use Gann and / or Murrey Matn.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,308
  • Oct 5, 2011 12:57am Oct 5, 2011 12:57am
excellent, info thanks godim.

Do you use gann grids as part of your technical analysis by any chance?
Have I got something on my face, SOLDIER?
  • #1,309
  • Oct 5, 2011 1:57am Oct 5, 2011 1:57am
Quoting bumapatria
excellent, info thanks godim.

Do you use gann grids as part of your technical analysis by any chance?
From the first article of the Murrey Math:
"

Circles of Conflict

  1. The circles of conflict are a by product of the properties of the horizontal MML’s that divide price and vertical time lines (VTL’s) that divide time. MML’s represent points of support and resistance. VTL’s represent reversal points. Put it all together and the result is the “circles of conflict”.
  2. Consider a square in time divided into eight price intervals and eight time intervals. The five circles of conflict are centered on the 2/8 th’s, 4/8 th’s, and the 6/8 th’s MML’s and the 2/8 th’s, 4/8 th’s, and 6/8 th’s VTL’s. Recall that prices spend 40% of their time between the 3/8 th’s and 5/8 th’s MML’s. Recall also that the 2/8 th’s, 4/8 th’s, and 6/8 th’s MML’s represent strong points of support and resistance. If we can assume that the 2/8 th’s, 4/8 th’s, and 6/8 th’s VTL’s represent strong points of reversal, we can expect that in slow trendless markets that prices will be deflected around the circles of conflict. In a fast up or down market prices will move through the circles quickly since the price momentum exists to penetrate support and resistance lines.
  3. The circles of conflict are an example of the value of a standard reference frame (square in time) in divining market action. This reference frame and its associated geometry and rules can be applied to all price-time scales in all markets."

Grid may have application and because the second article. For it shortly.http://tradinglib.com/trading-strate...ey-math-part-2

"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,310
  • Oct 5, 2011 2:12am Oct 5, 2011 2:12am
There is one table. Whether true or not I do not discuss. I can only put it on the price chart. Sorry, that chart is a little out of time ...

"
TABLE 1 may only be used in the context of the Square in Time. To use TABLE 1, set the price-time action into the appropriate Murrey Math Square in Time. Once the Square in Time has been defined, changes in price are expressed in 1/8′ths of the square’s height. Changes in time are expressed in 1/8′ths of the square’s time width. One can then look at the most recent price movement within the square as M/8′ths of price over N/8′ths of time (the table is the same for price increases and price decreases). The entry in the M’th row and N’th column specify the probability that the price movement will reverse itself."
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd+tablica5.gif Size: 107 KB
Attached Image
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,311
  • Oct 5, 2011 2:38am Oct 5, 2011 2:38am
Quoting godim
There is one table. Whether true or not I do not discuss. I can only put it on the price chart. Sorry, that chart is a little out of time ...

"
TABLE 1 may only be used in the context of the Square in Time. To use TABLE 1, set the price-time action into the appropriate Murrey Math Square in Time. Once the Square in Time has been defined, changes in price are expressed in 1/8′ths of the square’s height. Changes in time are expressed in 1/8′ths of the square’s time width. One can then look at the most recent price movement within the...
thats amazing, and how it applies in forex market.
What is that swooshing figure on your chart?
Can u see through that massive number of lines?
Have I got something on my face, SOLDIER?
  • #1,312
  • Oct 5, 2011 3:25am Oct 5, 2011 3:25am
Quoting bumapatria
thats amazing, and how it applies in forex market.
What is that swooshing figure on your chart?
Can u see through that massive number of lines?
May something be kidding me? The first article is one-dimensional model of the probability of reversing the trend. The second article is two-dimensional model. How to apply models is your problem.
Attached Image
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,313
  • Oct 5, 2011 8:30am Oct 5, 2011 8:30am
matei, using any indicator you did build?
  • #1,314
  • Oct 5, 2011 8:53am Oct 5, 2011 8:53am
Quoting godim
May something be kidding me? The first article is one-dimensional model of the probability of reversing the trend. The second article is two-dimensional model. How to apply models is your problem.
wow.. damn...

im only using gann fans with my other knowledge of ichimoku, supply demand, motion, momentum, impulse, accumulation, and fibonacci, i will look more into this definitely.

ill keep up with this thread

thanks godim for making me so dang interested
Have I got something on my face, SOLDIER?
  • #1,315
  • Oct 5, 2011 9:05am Oct 5, 2011 9:05am
Quoting godim
How to apply models is your problem.
LOL dont be like that hahaa
"Millionaires don't use astrology, billionaires do"
  • #1,316
  • Oct 5, 2011 10:49am Oct 5, 2011 10:49am
Quoting OrionsWay
LOL dont be like that hahaa
Sorry. Lost in the translator.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,317
  • Oct 6, 2011 5:07pm Oct 6, 2011 5:07pm
euro daily
Attached Image (click to enlarge)
Click to Enlarge Name: euro day 2.png Size: 19 KB
"Millionaires don't use astrology, billionaires do"
  • #1,318
  • Oct 6, 2011 6:41pm Oct 6, 2011 6:41pm
im very basic at gann, and i only use the fans and adjusted scales to gauge possible support/ressistance levels with time. Im currently impressed by results.

price labels show entry and exit on euro/usd, and ongold, i still have an open trade.

Its really cool, i love using line studies such as these, with supply & demand, fibonacci, price action instead of using indicators

(except ichimoku, got me lots of pips last night )

Pros of this thread, do you have any tips for the proper usage of this? Am i in a away using it wrong? If there is, can you please point it out and show it to me?

Thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euro usd gann.gif Size: 25 KB
Click to Enlarge Name: gold gann.gif Size: 22 KB
Have I got something on my face, SOLDIER?
  • #1,319
  • Oct 7, 2011 1:30am Oct 7, 2011 1:30am
The aim of the bulls is the angle of level 1, 3554. The aim of the bears is 1.3303
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 52 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,320
  • Oct 7, 2011 5:20am Oct 7, 2011 5:20am
Quoting bumapatria
im very basic at gann, and i only use the fans and adjusted scales to gauge possible support/ressistance levels with time. Im currently impressed by results.

price labels show entry and exit on euro/usd, and ongold, i still have an open trade.

Its really cool, i love using line studies such as these, with supply & demand, fibonacci, price action instead of using indicators

(except ichimoku, got me lots of pips last night )

Pros of this thread, do you have any tips for the proper usage of this? Am i in a away using it wrong? If...
Gold 4h template can prolly be used on diff timeframes bro but not sure. This is a simple 9 bar range squaring. should be pretty accurate for some time. To move the desired lines simply make them have the 3 dots and hit ctrl left click this will duplicate the laines.

Scale is very important, and MT4 indicator gann angles not the sharpest knife in the drawer so made ya this lil template. Good luck and you want to be nimble on the exit when that trade is all finished

The angles included are 1x1 1x2 1x4 1x8 1x11 1x16
Attached File(s)
File Type: tpl gold 4h.tpl   4 KB | 439 downloads
"Millionaires don't use astrology, billionaires do"
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