Gann PVS (Price vibration System) Trading

PA looked good so I deleted the sell stop order and put in some shorts

buy stop order remains as a safety net


H1 seems to be respecting the Gann grid nicely (cycles are 34, using AutoTF from 10080 and 1 bar back)

whoops that didn't go too well at least i moved SL to BE on my first entry the grid has also shifted, perhaps it needs more time before a turn

Disagree.

Here is a well researched list on why I don't like participating on any the discussions.

http://www.forexfactory.com/showthread.php?t=347075

interesting to observe the PA, wonder how long this'll stick:

Hi All,

I thought I would just submit this graphic of the Dow 1900-1998 as evidence that a mathmatical relationship does exist in the market and that Ganns sq9 method of projecting turning points does work.

All Gann lines have been calculated from lows in 1903 for the high of 1929, and 1932 for the highs in 1973, 1987, 1997 and 1998. Solid blues are the low dates, dashed blue are the high dates and red is the lows levels

Although not show as part of this graphic, I have also used the 1932 low to calculate the highs of 2000 and 2007, both levels were < 0.3% of the move up from the low that took 68 and 75 years.

When you consider that over the total period of nearly 100 years, the constituents of the Dow must have changed on numerous occasions. How can it be argued that there is no mathmatical order in the markets and that Gann is just another fad.

All those that unsure or downright sceptical should do the maths for themselves, prove to me that this is bunkum and I will give up trading and just play marbles.
Allonso

Hi All,

I have noted that graphics are loaded with a dark background. I don't know how you will all feel if I ask that background are made lighter so that they can be seen clearly. On several graphics that have been posted lately I have been struggling to make out any detail.
Please let me know if you agree.

Allonso

Jer21,
You are entitled to your opinion if it is your opinion and not that of the author of the site you quote, he may be right but if we are all negative we can only fail.

Allonso

hrm it looks like price has decided to vibrate up, it appears to be advancing at the angle still

timing could have been accomplished by PA, seeing we have a LL, LH, HL, before the spike

Hi Neuron,

From the price pattern I think you are trading the 15min-EUR/USD, which at the moment is falling towards the blue 1.31730 line. It will be interesting to see if it recovers and eventually makes the red gann line above.
Hope you are making some pips.

Allonso

Hi Allonso,


I still haven't traded significant sizes using this system as I'm currently still in observation/testing stages


The chart is H1

It's intriguing to see the price action, we can see it advancing and retracing according to the Gann grid

what i observe so far is dat the grid tend to send price the opposite direction.

for example, in d chart posted, as at last night, direction was up as at d time of reaching the grid, and d rest is history. will history repeats itself tomorrow? time will tell.

its just my observation so far....keep it simple

Hi All,

Does anyone know of an indicator that counts the number of bars between two points.

Allonso

EU actually tank as expected from the grid. However, I noticed that the grid lines changed on my chart as at the time I chked this morning... but as i have already marked it and noted the time.....i was able to take advantage.

cheers

It's already in MT4. Use the crosshair tool (Ctrl+F), then click on one point on the chart and draw a line, it will display x/y/z, where
x = number of bars between the two points,
y = number of pips between the two points,
z = the price under the pointer.

Back to the thread, I again want to press the importance of the time factor (see #90). In most charting programs, including MT4, the so-called "Gann tools" are complete BS. They are graphical tools like the trendline tool, while Gann lines and angles are based on pure mathematical calculations. Change the timeframe on a chart and you'll see the "Gann" lines skip. Not to mention the data, different brokers open at different times and give you different data-feed, which can completely mess up your calculations. Any consistency you see just by drawing with your "Gann tools" is wishful thinking. Sorry if that sounds rude. Let's just base our ideas on the original Excel sheet.

Hi Belmont,

Thanks for the info can now check bars as I want.

Do you know if it possible to change the colour and print size so that I can see it better. Would be an improvement as far as I am concerned.

Yes you are right we can calculate the Gann S/R levels, but without knowing the expected striking time, trading is possible but much more difficult.

To my mind if there is a mathematical relationship to give possible S/R lines then there must also be one for time. (The Gann Secret). Many claim to know and will divulge their version of it for a FAT FEE.

Regards Allonso

Here is a script that will plot vertical lines that you can set the time spacing to anything you want.

http://codebase.mql4.com/5745

That is one problem with mt4. I draw a lot. and over the weekend I have to redo the charts because of the time gap sunday candle. Also because of the scaling factor. Sometimes even durning the week I see my lines shift :S

Here's a screenie of what my terminal looks like. The vertical lines are timing signals. Thats when I enter trades. Otherwise I stay out. There was one I entered between timings. Overall I caught 5 of 7 of those trades. One was a looser if you can see Other 2 trades I was too tired to get up at 1:30am in the morning to put the trade.

I'm not ready to share this cause its a little advanced and its still a work in progress and brookys indicator makes life simple but i just wanted to show that gann does make money.

http://i.imgur.com/wZXWO.png

Hi Moneydeep,

Interesting but busy graphic, will be interested to know when you are ready to tell us just how you are setting your time lines as they do not seem to me to be equally spaced or based on fibonnaci numbers. Quite a number fall on Highs or Lows, but some are missed.
I still feel that as Gann calculated his S/R levels using Sq9 then somehow the time must also be a mathematical calculation.

With regard to the time gap Sunday candle, you should be able to avoid this if you use FXPro for you analysis, as there is no Sunday data.

Look forward to any other posts you may like to share with us.

Regards Allonso

Hi all.
While still sorting out an update to existing indi's I found as mentioned before some miscalculations in MoneyDeeps original spreadsheet.

The attached spreadsheet still contains the original so that others can check the maths, but it is hidden and the input area now draws on computer calculations and not manual ones as in the original.

If anyone is still using the spreadsheet, this one should be error free.

I will post up some more as I get time.

Cheers
Brooky

Hi Brooky,

Do the mistakes you found affect the results of your current indi on post 83?

Looking forward to the revised indi you are working on it looks good.

Regards Allonso