NOT MY SYSTEM..just sharing.
Notes form author((Klopp433):
What is the Gann Theory?
The Gann theory is based on the work of W.D Gann who was a financial trader that lived from 1878-1955.
Gann relied on geometrical approaches to track price moves in the financial markets. The theory relies on geometric angles, and ancient mathematics to predict price movements.
According to Gann price moves occur in predictable geometric cycles. And the resulting angles created thru this price action act as support or resistance on the price chart. It is important to mention that the Gann parameters are better when applied on bigger time frames. The Gann set of indicators provides higher accuracy in the longer term.
W.D. Gann suggested that a trend which has a 45 degrees’ inclination, is sustainable and will last longer.
In this manner, the default Gann trading application suggests that 45 degrees’ trend lines is the most important reference point from which other Gann trading tools should be analyzed.
This system when combined with Fibonacci Fan or Kumo Cloud 3-14-28 can forecast price accordingly
ENTRIES:
BUY WHEN
CANDLE CLOSES ABOVE 45 DEGREES
CANDLE CLOSES ABOVE THE 61.8 MARK ON THE FIBO FAN LINE
SELL WHEN CANDLE CLOSES BELOW 45 DEGREES
CANDLE CLOSES BELOW THE 61.8 MARK ON THE FIBO FAN LINE
Re: Gann's 45 Degree geometric FX math system
2Thats Gann square of 9 I believe. Better to use square of 12 or 144 for more accuracy.
Know Thy Setup. Know Thyself.
Re: Gann's 45 Degree geometric FX math system
3Had to modify the setting a bit and match it to the pitchfork..will see monday
Re: Gann's 45 Degree geometric FX math system
4Hi Deez,Deez wrote: Sun Aug 23, 2020 4:01 am Had to modify the setting a bit and match it to the pitchfork..will see monday
Can you post the pitchfork indicator you used in the screenshot. I would like to try it. thanks.
Re: Gann's 45 Degree geometric FX math system
5In China, there are also many traders who like Gann's theory.