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Gann Analysis

  • #2,521
  • Apr 20, 2012 4:53am Apr 20, 2012 4:53am
Quoting OrionsWay
The gann hi/lo indicator will make which ever size swing you like according to bar counts
How is it that your indicator showing squarish/longish lines. But I am getting the curve like normalwavy indicator.
  • #2,522
  • Edited 5:20am Apr 20, 2012 5:07am | Edited 5:20am
Quoting makefortune
How is it that your indicator showing squarish/longish lines. But I am getting the curve like normalwavy indicator.
If you set to 1 bar it will trail the hi lo of market, if the market breaks below the lo or hi it will flip BUT if it does not close below the previous bar it will not be considered valid yet it will expand to accommodate the new hi or lo. Current bar must lose above or below previous bar to validate.
Each setting works off prior bars

This is a very simple system for trading, you can set to whatever your comfort level is, say you need confirmation as a trader or a wild card trader, NOW lets say we want to know a trending market, HOW many bars does it take to make a trending market, in short 3 bars for aggressive trader maybe for not so experienced 10 13 more? Simple add another gann line set to desired confirmation of trend and if price above it or below shows the motion. I have some templates with multiple gann lines. One for entry one for ST trend, one for MT trend and one for LT trend, viable sequences for any timeframe you desire to trade. Nice thing is you will know when you should be in and out considering the hilo you approach or bounce off of, perhaps places to add to positions as well, ITs time tested and a monkey can use it if your watching market. Good luck been using it for many years and its flawless by design, and you really have very little Risk for REWARD, Tight range Markets gives some troubles, but can generally see them after a move anyways before the next drive
"Millionaires don't use astrology, billionaires do"
  • #2,523
  • Apr 20, 2012 5:18am Apr 20, 2012 5:18am
Quoting OrionsWay
If you set to 1 bar it will trail the hi lo of market, if the market breaks below the lo or hi it will flip BUT if it does not close below the previous bar it will not be considered valid yet it will expand to accommodate the new hi or lo. Current bar must lose above or below previous bar to validate.
Each setting works off prior bars
in the setting , the input is lookbact. I dont get it on "1 bar".
  • #2,524
  • Apr 20, 2012 5:25am Apr 20, 2012 5:25am
Quoting makefortune
in the setting , the input is lookbact. I dont get it on "1 bar".

Maybe try restarting platform works fine for me
"Millionaires don't use astrology, billionaires do"
  • #2,525
  • Apr 20, 2012 5:27am Apr 20, 2012 5:27am
Quoting OrionsWay
Maybe try restarting platform works fine for me
ok. i did closed and run MT4 again and it is the same. I have seen this block tracking before. just dont know why it is not showing now. It is not a script, correct?
  • #2,526
  • Apr 20, 2012 5:30am Apr 20, 2012 5:30am
Quoting makefortune
ok. i did closed and run MT4 again and it is the same. I have seen this block tracking before. just dont know why it is not showing now. It is not a script, correct?
Nope experts/indicator

try this 1 will need to restart MT4
Attached File(s)
File Type: ex4 ###Gann_HiLo_Activator_v2###.ex4   2 KB | 514 downloads
"Millionaires don't use astrology, billionaires do"
  • #2,527
  • Apr 20, 2012 5:34am Apr 20, 2012 5:34am
Quoting OrionsWay
Nope experts/indicator

try this 1 will need to restart MT4
very odd, still the same.
  • #2,528
  • Apr 20, 2012 5:35am Apr 20, 2012 5:35am
eu 5m chart to show what i mean

although i didnt execute properly i was early before the close, but the expansion bar was hi probability to try i will target one of them lines below OR see how it reacts when it gets there if it gets there maybe will retest the green line first dunno

its a 5 pip SL
Attached Image
"Millionaires don't use astrology, billionaires do"
  • #2,529
  • Apr 20, 2012 5:36am Apr 20, 2012 5:36am
Quoting makefortune
very odd, still the same.
2 is basically the same really anyways no big difference between them

I would also say to those who try this, large expansion bars that blow through will generally leave you with larger SL's and they are generally retested maybe wait for the test to tighten the Risk up GL
"Millionaires don't use astrology, billionaires do"
  • #2,530
  • Apr 20, 2012 5:46am Apr 20, 2012 5:46am
Quoting OrionsWay
2 is basically the same really anyways no big difference between them

I would also say to those who try this, large expansion bars that blow through will generally leave you with larger SL's and they are generally retested maybe wait for the test to tighten the Risk up GL

ok, i think you are mistaken, matei is using a different gann hi lo and with box like tracking the high and low . the gann hi-lo activator is the same that I already have. sorry if this has confused you
  • #2,531
  • Apr 20, 2012 5:51am Apr 20, 2012 5:51am
Quoting makefortune
ok, i think you are mistaken, matei is using a different gann hi lo and with box like tracking the high and low . the gann hi-lo activator is the same that I already have. sorry if this has confused you
ya i know BUT its the same thing really
"Millionaires don't use astrology, billionaires do"
  • #2,532
  • Apr 20, 2012 5:57am Apr 20, 2012 5:57am
Quoting godim
The core indicator is given by the author. These are two simple MA.

Attachment

Attachment
A few days ago I wrote about this HiLo.

A graph of Matei is swing chart. Just as it featured Gann. One bar...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 94 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,533
  • Apr 20, 2012 6:01am Apr 20, 2012 6:01am
What i have just provided here is a total system for trading from entry and STOP to ST MT and LT trading with pyramiding points in conjunction with desired amplitude of trade desired by simple use of hi/lo activator, good for any timeframe even range bar charts. I have not however given the values for the indicator for they are subjective to each trader.
"Millionaires don't use astrology, billionaires do"
  • #2,534
  • Apr 20, 2012 6:34am Apr 20, 2012 6:34am
Quoting makefortune
I have seen the gann indicator (the one that mark out the prices up and down). Forgotten the name . Can you attach the indicator. Thanks
It is a classic Gann Swing Chart without any other indicators.Generally, I use very few indicators in my trading.
  • #2,535
  • Apr 20, 2012 6:58am Apr 20, 2012 6:58am
Quoting godim
Yes. 2.54 is the coefficient of the price at the time of H4 chart. How exactly do I get? I explained several times. I started to explain everything from the beginning in this topic.
http://www.forexfactory.com/showthre...70#post5590370
And the numbers 22,23,... etc. is the numbers of H4 bars from the bottom 1.5817
Tx, Godim. I have been following the other thread too. I was getting confused with this coefficient because it's got the same value for EU and GU, but now having checked the range between the murraymath levels I can see they are the same.
Another confusion I have is that when I divide one year murreymath price range levels (e.g. 12939-12695 = 244) with 32 (256/8) I get 7.625 which is a half of 15.25 what you have in your daily spreadsheets?

I appreciate your analyses and teachings very much.

Thank you
  • #2,536
  • Apr 20, 2012 7:29am Apr 20, 2012 7:29am
Quoting krunofx
Tx, Godim. I have been following the other thread too. I was getting confused with this coefficient because it's got the same value for EU and GU, but now having checked the range between the murraymath levels I can see they are the same.
Another confusion I have is that when I divide one year murreymath price range levels (e.g. 12939-12695 = 244) with 32 (256/8) I get 7.625 which is a half of 15.25 what you have in your daily spreadsheets?

I appreciate your analyses and teachings very much.

Thank you
I am very pleased. At least one follow what I write. What is the problem? 3-4 years ago, a division of MurreyMath was 488 pips. And here anywhere from 1.5 years price range has shrunk and the division was 244 pips. What should I do? Yes redrawing all graphics to change the price scale? I wondered what he was doing Gann. He began to draw the graph after a certain scale. The contraction of the range did not cause a recalculation of the scale. I decided to do the same. To keep the same angles I reduce cycle time. Not 256 days, and only 128 days. One division 16 days and scale 244/16 = 15.25. If and when the price range increased again I will extend the cycle again. And vice versa.
I changed the duration of swings in the table of probabilities.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #2,537
  • Apr 20, 2012 8:15am Apr 20, 2012 8:15am
previous trades were stopped out at BE

taken 3 more on current setup, a more probable setup maybe AT month sq resistance shown on 4h chart

short @ 3215x2 3213x1 SL could be over the top but gonna give it some room
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu 5.png Size: 9 KB
Click to Enlarge Name: e 4.png Size: 17 KB
"Millionaires don't use astrology, billionaires do"
  • #2,538
  • Apr 20, 2012 11:34am Apr 20, 2012 11:34am
Love how they are building a blow away range HAHAA stop killers both sides
"Millionaires don't use astrology, billionaires do"
  • #2,539
  • Apr 20, 2012 11:40am Apr 20, 2012 11:40am
Quoting godim
I am very pleased. At least one follow what I write. What is the problem? 3-4 years ago, a division of MurreyMath was 488 pips. And here anywhere from 1.5 years price range has shrunk and the division was 244 pips. What should I do? Yes redrawing all graphics to change the price scale? I wondered what he was doing Gann. He began to draw the graph after a certain scale. The contraction of the range did not cause a recalculation of the scale. I decided to do the same. To keep the same angles I reduce cycle time. Not 256 days, and only 128 days. One...
Thanks for the explanation, now it's clear how you come up with the coefficients. But if I was going to use the "correct" one year cycle murraymath range the gann angles would be different.
Attached Image (click to enlarge)
Click to Enlarge Name: 4HGANN-RAYS.png Size: 36 KB
  • #2,540
  • Apr 20, 2012 11:59am Apr 20, 2012 11:59am
Quoting krunofx
Thanks for the explanation, now it's clear how you come up with the coefficients. But if I was going to use the "correct" one year cycle murraymath range the gann angles would be different.
No matter how strange it should work. I tried fans of M5. There, stretching and contraction of the range is several times a day. And I know that fans still match.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
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