How to draw Gann Fan from swing-high ?? | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

looking for good Gann fan indi to use w/mt4 600+ 3 replies

Where to Find Onscreen Gann Fan and Ruler? 4 replies

Who has the Best Gann Fan software? 2 replies

Gann Swing Charts 2 replies

anyone have a GANN FAN efs. for E-Signal? 1 reply

Attachments: How to draw Gann Fan from swing-high ??
Exit Attachments

How to draw Gann Fan from swing-high ??

  • #1
  • First Post: Jul 19, 2006 2:04am Jul 19, 2006 2:04am
Hello folks;

A simple question from a simpleton ..:-) ..

How do you draw the Gann Fan from Swing-High point ??

It will draw from Swing-Low but ..

Maybe I am missing something ??

TIA !!

JP
  • #2
  • Aug 10, 2006 3:20pm Aug 10, 2006 3:20pm
Work with gann is great but as you see few pople use it.
First. take alook at this
Gann lines and Gann fan must be draw on high time frames where the relation on image is 1 to 1.
On low timeframes you can see that this type of lines ""moves" sometimes even 30 pips be careful. Rifht now I´m looking for another soft more reliable in lower timeframes.
This is the way I do: Select the line 1x1 and drag downward remember this line must has a 45º angle in a downward move the angle must be 315º you can verify with the trendline by angle tool

hope this help
A great source of gann information
Johann Channels and cycles are everything
  • #3
  • Aug 15, 2006 12:52pm Aug 15, 2006 12:52pm
Hi, All!
First,make absolutely sure you are using "Scale fix One to One" mode (Properties [F8]->Common->Scale Fix 1:1.
The fans will not be accurate in normal mode.
An easy way to make a downward fan is to set the scale to -1.
(Fan->Parameters->Scale). Default is +1.
This applies to Gann Lines as well which I sometimes use to keep the clutter down from too many fans.
You can try other ratios once you get the hang of using the fans- .5, +2 etc. but in general 1:1 will fit 90% of the time. I like to add 1/3 ratio lines to my fans such as +/- .33,.67,1.33 etc- in some cases they work out well though they are not strict Gann ratios. There's a whole lotta space between the 1:1 fan line and its neighbor lines once a trend gets going!

PS: For some reason I really have to double-check in MT if my fans are at the correct angle. I will often put in a .75% line for example but it still shows up as a 1 degree line. Best perhaps is to anchor the "swing" dot of the fan, then grab the far dot and place it to a likely spot, then check what the scale box says- it will likely be an odd ratio since you were eyeballing- then type-in the scale you desire. This seems to "unlock" the fan or line if its not showing a true angle.
Cheers,
T
Attached Image
  • #4
  • Aug 15, 2006 12:55pm Aug 15, 2006 12:55pm
Quoting Taters
Hi, All!
First,make absolutely sure you are using "Scale fix One to One" mode (Properties [F8]->Common->Scale Fix 1:1.
...
Which software application are you referring to?
  • #5
  • Aug 15, 2006 12:56pm Aug 15, 2006 12:56pm
Quoting aparsai
Which software application are you referring to?
Oops! Silly question. Sorry
  • #6
  • Aug 15, 2006 1:31pm Aug 15, 2006 1:31pm
Thnx, Taters for your fantastic answer !!

Not sure why more people do not use this tool ..

Thnx again ..

B
  • #7
  • Sep 21, 2015 1:38pm Sep 21, 2015 1:38pm
Quoting Taters
Hi, All! First,make absolutely sure you are using "Scale fix One to One" mode (Properties [F8]->Common->Scale Fix 1:1. The fans will not be accurate in normal mode. An easy way to make a downward fan is to set the scale to -1. (Fan->Parameters->Scale). Default is +1. This applies to Gann Lines as well which I sometimes use to keep the clutter down from too many fans. You can try other ratios once you get the hang of using the fans- .5, +2 etc. but in general 1:1 will fit 90% of the time. I like to add 1/3 ratio lines to my fans such as +/- .33,.67,1.33...
This's usefull information.
Thank you so much!
astroganndotcom
  • #8
  • Nov 6, 2016 5:01am Nov 6, 2016 5:01am
you can try https://www.youtube.com/watch?v=qutf4RaWNvw
  • #9
  • May 25, 2017 4:50am May 25, 2017 4:50am
MT 4 ..go to..... insert ..drop down..Lines....drop down ..trend-line by angle.....45 degree up 315 degree for .. down ....but also 30 / 330 for the fast movers....attach the Gann Fann to angle from the pivot high for down and low to go up ...so to trace up to go down the trend line is slopping down from ANY pivot above ,,of course the higher the time frame the stronger ... but 1 hour and 15 min intersection lines can be a helper...... find vertical alert draw in about 5 to 10 pips before ... I spent 7 years of my life finding this I lost lot of money the BS systems the mentors the signals .. the price action courses .....I will not give away the keys to freedom.... I would like too but no body helped and to post the ultimate trading method for nothing on this site would pretty dumb.....10 to 15% every day usually in one hour ...Quadrupled the account for the first time last month ... like shooting fish in a barrel .. was it an easy month for you ?? ... actually it was only 17 trading days ....sold EURO / NZ at 1.59950.today....11% up one hour .....close 75% stop + 5 pips ...let the runner go I'm done.....locked in 7.7%
Attached File(s)
File Type: ex4 TLine Alert.ex4   7 KB | 1,010 downloads
File Type: mq4 TLine Alert.mq4   2 KB | 1,054 downloads
File Type: ex4 HLine Alert.ex4   7 KB | 944 downloads
File Type: mq4 HLine Alert.mq4   2 KB | 1,038 downloads
  • #10
  • Last Post: Jul 3, 2017 5:57pm Jul 3, 2017 5:57pm
Quoting Wallaby
MT 4 ..go to..... insert ..drop down..Lines....drop down ..trend-line by angle.....45 degree up 315 degree for .. down ....but also 30 / 330 for the fast movers....attach the Gann Fann to angle from the pivot high for down and low to go up ...so to trace up to go down the trend line is slopping down from ANY pivot above ,,of course the higher the time frame the stronger ... but 1 hour and 15 min intersection lines can be a helper...... find vertical alert draw in about 5 to 10 pips before ... I spent 7 years of my life finding this I lost lot of...
Hi Wallaby, signed up for FF to be able to write to you... :-). Sounds like you found your way of trading, happy to see you are making money... I am still in search of mine... I came to this thread as I was looking for more info how to use the Gann fan on mt4. You say you use the trend-line by angle... I also saw a guy doing this in a youtube video. My issue with this line, however, is that it is not a real 45° line, in the sense of Gann theories.... When you change the zoom it doesn't follow the chart... It stays frozen whatever you do with the chart... The same with the Gann fan lines. Compare this to the fib fan which does follow the chart and is thus providing real angles. Would you be able to give us more details of your method, how do you use and trade the Gann fan, please!!
0 traders viewing now