Gann Calculator Explained
Friday, 22. January 2010. 07:32 von offsiteam.com
Gann Calculator Explained Introduction: Gann computers in the first days after its introduction was very well received by traders and investors. Many experienced advantage of this machine and brought their experiences and difficulties. I will describe all these aspects in this guide. It is a real tool, and the building-base formulas, you can get from my books Gann’s method. Like I said, separate from all my readers and seminarians, not that it’s a tool. It is the simple mathematical formula, as given by WD Gann and I’ve just simplified and used it for the development of this application. I think it is the need of the time I should explain how to use this machine with some example. Swing Trading: Swing Trading is the basis and the mother of this computer. In my own words, the definition of swing trading, “Trade in the direction of price movement. Performance of a stock as described by Gann and Elliot is the harmonic motion. One step forward, I will say that it is the random Brownian motion. Who determines this calculate movement? The traders or investors. The behavior of the trader or investor is again driven by the fear and trust. I do not want the word greed in this context. As swing traders, you need to figure out the price points that fear or confidence produce. These are the points I swing as turning points in the name or resistance and support points. Although this is a complex task, but now a day it is made easier by the use of s / w tools. Gann Calculator is not the task of calculation of this turning-point swing, which I mentioned as supporting the opposition, buy, post, sell entry points. Gann Calculator: The Swing 2 supports and resistance point that I will faith as the decisive point for a purchase or sale item, named as buy and sell entry entry into the computer or. Ganns In the computer, I supported the square root formula and scale to the equation for calculating the various factors and resistance. I have taken 180-degree factor 1 and this in any 15 degree base and its diverse, I supported the resistance and calculated. you have to ask myself why we have 15 degrees and its multiples? view 24 hours a day and a 360 degree cycle as I have every hour on one day is 15 degrees . My second argument is the basic math says that 1 degree than 4 minutes to one hours is 15 degrees. you have to ask myself why should I believe the last hours of a swing high and low for forecasting the future price? In many statistical tools such as MACD, Bollinger Band, or to find the chart patterns you use a lot more data points. Even in the intraday chart, even if you use these tools without your knowledge then you use data from the past a lot of points. So it is nothing wrong with just Two cats dynamic high-and low-data point in this machine. How to use it? Use the last few hours is a swing high and low supported as input, the resistance and major resistance and key support levels to be calculated. The Entry to buy and sell prices are calculated by the Gann Calculator, none other than the Swing 2 support and resistance points. In less volatile day, you may experience congestion. The congestion is nothing more than the buy-sell prices, and entry will be placed say, very close to each other by Rs2 to 3 Rs difference. Same, you can also encounter resistance and support. In this case you change your swing highs and lows, to buy a larger or to make the entry or sell entry above means under the 1st or destination point, or trade between the band between two resistances, supports and stop-loss points. A practice that swing high and low points to change again at any moment. If your position in the income -runs with the trailing stoploss technology to maximize profit. This machine is working and I have hundreds and thousands of evidence. If you believe that, why am I sharing this wonderful program with you, then I have the simple answer that hurt the knowledge of God, gifted, and I want to share with you. It’s up to you to accept or not. Critics will never stop me share their knowledge with one. I will advise, where one of my almost full by the Law of sharing, then better stop thinking about computers. My way to identify the swing high and low: You can follow any one way to determine the swing high and low. High and low prices in a given time frame. The minimum time to take for the observation time is one hour. Take the last days of the last hour high and low for the next day, 1st hour global trading provided feelings should not be neutral during business hours from our market. If the current price action of the script it is characterized then follows the trend of low or high high or low. When you encounter traffic jams then the highs and lows in the larger time interval. Now you can see some examples that I feel will inspire you. I will also explain how you will enter a trade. Example 1: Consider the Nifty spot one hours data 10 to 11 a. m on 12 August 2008. He was tall 4634 and 4598 was low. Using these data, the intraday found Calculator I know that my key support 4600-4566-4498 and resistances are 4631-4666-4735. You can use this data to the computer and test the accuracy. At 11:05 am she fell and found support in 4565, high touch 11:30 confirmed and declined 4599th Hence it in the next half hour was calculated nifty much within the band of my support 1 and Support 2 from the market point of view, if I miss the ability to short with 4611 then connect better in this crossing I’ll wait or change my data points. The second observation is the low bounce of 4565 was the 1st support beyond 4600. Okay, now that support is provided in a resistance to basic technical analysis approach for the next half hour. In this junction, I can also go with my first short stoploss as 4611 and 4631 as the second goal as stoploss and 4565th created Look at the next half hour nifty new low of 4557, at 11:52 on the clock in this example, I have found in recent hours, a high and low points of my observation and calculation of resistance and support levels for the next hour. There is no guarantee that I will reach my destination or stop-loss in the next few hours. It’s just a mathematical assumption, on my observation. I want you to have all, this machine as an alternative software tool specifically how you deal with all other indicators and instruments. Example 2: Consider industrial confidence high and low for a period of 10 am to 12 S . m. on 13 August 2008. There was a trend day by creating trust, because they had a higher high and higher low. My Swing high and swing low for those two hours in 2353 and 2315 respectively. Using these two values amounts to Gann, the computer I have the following values: Long entry price was: 2331 goal 2339-2347-2363-2412 short entry price was: war goal 2329-2320-2304-2256 Since 2337, a trend market for RIL and it was the creation of the higher high and higher low and the current rising prices far above my second goal, and trend. I will build on this momentum in order to buy an action for trade and hold my 1st stoploss as 2339, that my key resistance, which is to support turn and it will be my goal in 2363 is in force. I come from the market in 2363 or slightly below, because this is the 3rd level of the target and key resistance level. Again, I have observed that after touching the peak of 2373rd 65 the price has started tracing back. Now I want my swing low and high. low as high as 2339 and 2373. 65. The course 2339 is the low, the stock has made just before this peak of 2373rd 65th Man can say that is the high end of the note low. you care I have not yet the hour is high or low, rather I have taken the latest low in height. Why this difference in principle and if the current price action is brought against the former running kind of price, you’ll need to make this deviation. In the second case, if the price is trending behavior then this difference in principle comes into focus. With these two values, 2373. 65 and 2339 I have short entry price was: import was 2358 Long: 2355 This is congestion because the difference is only Rs 3 / -, I will now focus on the 1st stage of the target of both the long and short shifts. According to my calculation 1 long and short targets in 2363 and 2349th These two prices will be my long entry and short entry points. Specifically, I will appeal to buy 2363 and sell it under my 2349th stoploss for the sale is record 2358-2374-2398 and 2355-2339-2314 trade stoploss buy, you will note the second part of the computer, the flags of the important support and resistance points. my entry points with the 1st stage of resistance and support together. As you observe from the table at 12:35 p. m to clock drift at the level of 2362, the stock has a little bounce back to start 2366 down and the major action as soon as it broke the level of 2349. My target of short entry was 2342-2326-2277. You can say, as a simultaneous or a mathematical miracle.’s At 1:30 pm touched 2341 and again on 2349’s level. at 2:20 p. m. has touched the day’s low of 2326 level. Although Gann is another method to calculate the time to act, but it is beyond the scope of this computer. You can read all of these methods in my book, Gann method to read the section for evidence of white paper: # 1: At 10:20 S . m. where the future of sophisticated high as 4302 and 4279 is lower than at the Gann Calculator. We have the swing turning points identified as follows. Now on 4301 target for 4312-4323-4345, 4279-4246, and stop-loss sell below 4280 Stop-Loss-4335 and end-4269-4258-4237. Was At 10:20 Nifty future trading at 4283 to the current course and the last time squaring action, the objectives and stop-loss is likely to 2 p. m. trigger. In fact, if the swing was triggered selling watershed 4269 Entry 1st objective was achieved within 15 minutes and then came the 2nd goal and made intra-day low of 4256. 65 to 2. 30 # 2: by 11 clock. 05 RIL in future high as 4156. 4 and as low as 4120 on Gann Calculator. We have the swing turning points identified as follows. Now over 2135 stop loss and target 2120-2097 and 2143-2151-2166 sell below 2141 stop-loss 2133-2126-2110-2065 target 2156-2180. Although the 2125 stock quote at this time, but I’m not a short entry, because my 2nd goal is for the short entry near. At 11:30 we have the Swing price triggers for the table 2135th Under the current price and the last time squaring action will the 1st goal for the buy-entry must be within an hour and 30 minutes from the buy-entry trigger time. At 12:08 I reached mein 1 . Target 2143 and traced back to 2147, and touched by the brief entry threshold price below 2140 at 12.20 clock. And the 1st objective about 1 p. m… Everyone can master began squaring of price action only with simple procedures and few analytical skills and using the computer in my FREE web site www. smart finance. In 2009 I had the need to change this machine and used the single price point decession process felt. chnage This has a very good result for intraday trading, the investment produces. Please read the associted with him in the Intraday Gann Calculator page to know more about the deployment. Conclusion: This is Ganns pc-systems mathematical application. It is through price, the price Gann’s method of squaring effect. It is my advice to all traders and investors to treat this application as an informative and educational tool. Regards Soumya Ranjan Panda smartfinancein www.. com / Disclaimer: The information or data in information contained herein is neither guarantees do not provide any recommendation to buy or sell securities. The mathematical simulation used in the Gann Calculator or described in this article does not provide a recommendation to buy or sell securities. The author or the publisher or the developer This application is not responsible for any kind of trading losses incurred by the trader or the investor through the use of this application.
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