 |
MASTER INDEX
SEARCH
CHARTS
MAIN TOOLBAR
SETTING PREFERENCES
TECHNICAL
INDICATORS
WHAT'S NEW
ALARMS
BACKTESTING
CONFIRMING TRADES
CUSTOM
COLUMNS
CUSTOM
INDICATORS
CUSTOM
INSTRUMENTS
CUSTOM PRICES
DATA FEEDS
DATABASE
DOWNLOADING
DATA
FEED STATUS
HEARTBEAT
HELP
MULTI-LINKING
MULTI-PERIODICITY
INSTRUMENT SETUP
NASDAQ LEVEL II
NEWS TICKER
NEWS BROWSER
OPTIMIZATION
OPTIONS
ANALYTICS
PLACING TRADES
PORTFOLIOS
PRESETS
PRINTING
QUICK
QUOTES
QUOTE PAGES
REALIZATION
RTL LANGUAGE
SCANS
SCHEDULES
SCOPE
SYSTEM STATUS
TICKER
TAPE
TIME AND SALES
TRADING NOTES
USER VARIABLES
VERTICAL SCALE
MASTER INDEX
DICTIONARY
FEEDBACK
Gann Lines and Gann Angles
Also see: The Owl
| The Formula . . . |
. . .more on Formulas |
| The 1x1 line is drawn from a significant low to a significant high. This line represents a 45 degree angle, or a slope of 1. Other angles are then drawn as multiples of the 1x1 line, with the same origin. For instance, the 2x1 line is drawn as a line with twice the slope of the 1x1 line but beginning at the same point. | |
| The Presentation . . . |
. . . more on Charts |
|
Above is a Daily Candlestick Chart of Real Networks (RNWK) . The red line represents the 1x1 Gann Angle, the green lines represent the 1x2 and 2x1 angles, the aqua lines represent 1x3 and 3x1 angles, the blue lines represent 1x4 and 4x1 angles, and the purple lines represent 1x8 and 8x1 angles. |
|
| The Preferences . . . |
. . . more on Preferences |
|
|
|
|
|
| The Description . . . | |
| William Gann (1878-1955) developed a
unique combination of geometric and mathematical principles, which
he applied to trading stocks and commodities. The proportional
relationship of time to price was the basis for much of Gann's work.
Price and time come together in Gann angles, which project trend lines from important tops or bottoms. All of Gann's angles are quoted in price to time relations, (i.e., 1 x 8). Translated, this means move 1 unit of time to the right and 8 units of price, up or down. The angle representing price and time in balance is 45 degrees (1 x 1, price to time). To Gann, this was the most important angle. Other important angles, in order of importance are: 2 x 1 and 1 x 2, 4 x 1 and 1 x 4, 8 x 1 and 1 x 8. These lines are drawn down from the top or up from the bottom. |
|
| Keyboard Adjustment . . . | |
| The keyboard can be used to move the Gann
Angles begin and end points left and right. First, click on the
chart. Then hit the tab key repeatedly until you notice your
Fibonacci Retracement lines are selected. Then, press the
right or left arrow keys on your keyboard to move both the begin and
end points right or left one bar. If you would like to
move only the endpoint, then hold down the Ctrl key while pressing
the right or left arrow keys. If you would like to move only
the beginning point, then hold down the Shift key while pressing the
right or left arrow keys. You can also drag the begin and
endpoints of the 1x1 angle to other positions on the chart.
For more information on Adjusting Technical Indicators, click here. |
|
