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Gann Analysis

  • #3,521
  • Jan 17, 2013 4:53am Jan 17, 2013 4:53am
This is my proposal for Gann square of the first quarter.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 48 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,522
  • Jan 17, 2013 5:03am Jan 17, 2013 5:03am
Quoting godim
But the price leaving square of the Gann. What does this mean? What would you do?
in this case I bought 3-4 minutes after point E, my order was based on the other chart I posted - with the overlaid square at point B
If price has moved in that inner square I would suppose that a range (B-D) would follow and I would probably sell at that price. In fact I draw and overlay intraday squares (on 1minute chart) to see how price will leave them, when it proves a strong/weak position in the range it is a great possibility for buying/sellilng right before the "breakaway" point
  • #3,523
  • Jan 17, 2013 5:28am Jan 17, 2013 5:28am
I was talking about squaring a range - in that squares we can see whether price will move out of the range or stay within. If it stays we draw the intrarange angles and may take a shortlived scalps inside the range. If it proves a definite position we can enter the market at a better price and with greater probability for success before the move out. Using a fixed squares (like 90, or 144 degrees) may show us where an ongoing trend or range will end, though I still can't make that profitable. End of the move is market by breaking of the 1x1 angle from the begining of the move or by the break of the 2x1 from the last begining of the last leg, depending on the situation, as Mr. Gann has instructed us many years ago
And, of course - higher highs and lower lows
  • #3,524
  • Jan 17, 2013 5:59am Jan 17, 2013 5:59am
Quoting kypa
I was talking about squaring a range - in that squares we can see whether price will move out of the range or stay within. If it stays we draw the intrarange angles and may take a shortlived scalps inside the range. If it proves a definite position we can enter the market at a better price and with greater probability for success before the move out. Using a fixed squares (like 90, or 144 degrees) may show us where an ongoing trend or range will end, though I still can't make that profitable. End of the move is market by breaking of the 1x1 angle...
Yes. I remembered where were we in discussion with you. Right here. There is a mathematical relationship between the price range, time interval and magnitude of price over time. And when prices increase or shrink the price range it is necessary to change or scale or time interval. I can not understand your graphics.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,525
  • Jan 17, 2013 6:25am Jan 17, 2013 6:25am
Quoting godim
Yes. I remembered where were we in discussion with you. Right here. There is a mathematical relationship between the price range, time interval and magnitude of price over time. And when prices increase or shrink the price range it is necessary to change or scale or time interval. I can not understand your graphics.
It is the simplest squaring possible.
A range in my charts is the difference between the last important high and low. I suppose you have different meaning for price range, based on divisions of the yearly price range. In one single trading day I may have ten or more different ranges to square (for one market), and they all will have some value, there will be majors and minors, depending which one price respects more. There is a time period, based on every range, and angles from every high and low, it is calculated on the rate of 14 pips per hour for eurusd and 10 pips per hour for usdchf and gbpusd, because I have seen price respects those angles in the past. That is the only fixed number in my charts. The range is marked by the prices and time period and intrarange angles depend on the ranges. On daily charts it is the same, although I don't trade them, I keep them for "the big picture". I make about 5 to 10 trades per day average based on that charts.
Hope I helped
P.S. I trade the eurusd only, the other charts I follow just to be sure that there is no counter move on the other european currencies and try to understand which is the leading market at the moment
  • #3,526
  • Edited 7:21am Jan 17, 2013 7:10am | Edited 7:21am
Quoting kypa
It is the simplest squaring possible.
A range in my charts is the difference between the last important high and low. I suppose you have different meaning for price range, based on divisions of the yearly price range. In one single trading day I may have ten or more different ranges to square (for one market), and they all will have some value, there will be majors and minors, depending which one price respects more. There is a time period, based on every range, and angles from every high and low, it is calculated on the rate of 14 pips per hour...
kypa this may simplify what your trying to achieve

' simple use draw tool rectangle when properties pops up in the name bar put the letter A and close the rectangle properties, then apply the indicator, this grid is blacked out and the secondary angle were a configuration i was trying LONG ago, maybe you know how to edit the code. i had a friend design for me and have lost contact with him, if you know how to change the code could you please add 1x8 8x1 1x11 11x1 1x16 16x1 dbling etc as far as the code goes please . The just move the sqaure around the chart at hi lo points.
9 bar range is the ticket IMO

first construction
second placement 1
third placement 2
fourth placement 3
fifth placement 4
the rectangle name must be called a

1h euro chart
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Attached File(s)
File Type: mq4 aGannSquare.mq4   14 KB | 886 downloads
"Millionaires don't use astrology, billionaires do"
  • #3,527
  • Jan 17, 2013 7:27am Jan 17, 2013 7:27am
Quoting kypa
It is the simplest squaring possible.
There is a time period, based on every range, and angles from every high and low, it is calculated on the rate of 14 pips per hour for eurusd and 10 pips per hour for usdchf and gbpusd, because I have seen price respects those angles in the past. That is the only fixed number in my charts.
Attached Image
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,528
  • Jan 17, 2013 7:38am Jan 17, 2013 7:38am
Quoting godim
Attachment
Yes. I got the error. The graduations at the time only 3.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,529
  • Jan 17, 2013 7:52am Jan 17, 2013 7:52am
All right. The graph is correct. But that does not explain the scale 14 pips per hour. This makes 336 pips for the day. But such movements in the currency pair there is no.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,530
  • Jan 17, 2013 8:11am Jan 17, 2013 8:11am
Quoting OrionsWay
kypa this may simplify what your trying to achieve
that's awesome thanks alot I will add as many angles as you wish, later today or perhaps tomorrow, my dog already took me out of the first half ot the current bear move in eurusd, gotta watch whats left for a while
  • #3,531
  • Jan 17, 2013 8:14am Jan 17, 2013 8:14am
This is the current square for the last 6 hours. A division at the time was 45 minutes. One graduation the price is 15.25 pips. Per hour 20 pips ...

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 37 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,532
  • Jan 17, 2013 8:16am Jan 17, 2013 8:16am
Quoting kypa
that's awesome thanks alot I will add as many angles as you wish, later today or perhaps tomorrow, my dog already took me out of the first half ot the current bear move in eurusd, gotta watch whats left for a while

Cool whenever time allows ya no rush on my behalf
"Millionaires don't use astrology, billionaires do"
  • #3,533
  • Jan 17, 2013 8:35am Jan 17, 2013 8:35am
gbp/usd H4

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 54 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,534
  • Jan 17, 2013 8:55am Jan 17, 2013 8:55am
Quoting godim
All right. The graph is correct. But that does not explain the scale 14 pips per hour. This makes 336 pips for the day. But such movements in the currency pair there is no.
The only way you can see the value of that angle is to plot it over your charts for 5 or 10 days from the intraday tops and bottoms and see how price behaves when it comes to it. I will be glad if that could help you make money
  • #3,535
  • Edited 9:14am Jan 17, 2013 8:57am | Edited 9:14am
we could also consider square the sq root of price as well

this is 315 degree's or 49 bars

day chart
as you can see when time crosses the root of price change is inevitable
depending onn the factor of time being applied

It is not by chance Gann used the sq 9 as his master calculator, for it is the master calculator of the very principles of math, produced by very old wisdoms and understandings IMO
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_64.gif Size: 23 KB
"Millionaires don't use astrology, billionaires do"
  • #3,536
  • Jan 17, 2013 9:11am Jan 17, 2013 9:11am
Let us look at a 1 min chart off a root squared with same 49 bar of time 315 degrees only root is 1/10 that of the day scale
Attached Image(s) (click to enlarge)
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"Millionaires don't use astrology, billionaires do"
  • #3,537
  • Jan 17, 2013 9:24am Jan 17, 2013 9:24am
Quoting kypa
The only way you can see the value of that angle is to plot it over your charts for 5 or 10 days from the intraday tops and bottoms and see how price behaves when it comes to it. I will be glad if that could help you make money
Something like that, right?

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 66 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,538
  • Jan 17, 2013 9:54am Jan 17, 2013 9:54am
That is the first of my interventions over the aGannSquare - 1x8 and 8x1 angles added. Those lines wouldn't wish to appear on the chart till I turned off "secondary angles" off, so I removed them from the file at all (thanks God I am not a doctor). I cannot code also
Attached File(s)
File Type: mq4 aGannSquare.mq4   12 KB | 658 downloads
  • #3,539
  • Jan 17, 2013 10:17am Jan 17, 2013 10:17am
Quoting godim
Something like that, right?

Attachment
Same on H4 chart.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 54 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,540
  • Jan 17, 2013 10:22am Jan 17, 2013 10:22am
Quoting godim
Same on H4 chart.

Attachment
And the same on M15 graphics.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 34 KB


Why I looking for other angles? I watch the market from ... to ...
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
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