W D Gann Indicators and others - page 5

[[Deleted]]

Thank for your time.

[dustovshio]

11-15-05 low

Remember the the 180* bottom you thought was too good to be true on the last chart? Look at the perfect 180* top that was predicted using the 11-15 extreme low. Also see how the last anniversary high on 12-30-04 coincides with a low on 12-31-05 and 45* angle of the 11-15 cycle.

[dustovshio]

gann time calculator

Hello, this tool is designed to calculate future times of possible reversals and resistance points. It is based on William Gann's square of 9 and wheel. Gann believed every turning point had a "natural" cause i.e. astrological. By observing the different angles in price creating by coinciding pivots one can find areas of confluence, combined with planetary aspects makes a powerful trading tool to enhance any strategy. See the eur/usd chart high 12-30-04: The 180* time represents the polar opposite in relation to 0*, which was very close to the extreme low of the quarter. The full 360* marks the end of the cycle and also extreme range. The lesser angles have astrological implications as well. I don't have microsoft excel so I'm not sure if the xls format will work; being that it was coded in Open Office. You can do multiple dates at once to see where coincidences occur.

Sincerely,

Dustin

[mezarashii]

Hello,

Thank you so much for posting this formula. It is incredibly useful as a tool if used properly.

Would you mind letting us know where else on the internet this tool is being discussed?

How exactly do we determine the signifigant highs and lows? Should we look at the past 12 months and decide? What about using just 12 days worth of highs and lows, do you think it would be possible to scale this formula down to use intraday? In murrey math, one can use the same fractal principle regardless of timframe. Since murrey math is based on gann principles, it would seem to follow that the original formula could also be applied in a fractal nature...

Thanks,

meza

p.s. I just did this for the oil chart at WHC and it works equally as well! Take a look below.

[dustovshio]

your oil chart looks good, though you probably wanted to place 0* at 3-1 instead of 3-2.

[RickW00716]

dustovshio:
I haven't seen this exact formulas on this forum, nor have I seen them published opening on the web.

If you want to use a 12 day chart you simply draw a circle place the day you want to use as the last high/low at 0* divide that by 360* and use the following angles 45,60,90,120,135, 180, 225, 240, 270, 315, 330, 360. One whole day is equal to 30* moves. If you use a 24 hr chart each minute is .25*, 5 minutes = 1.25*, 1hr 15*.

In forex you can use either 3,4, or 5 digits in your calculations. For daily, long term go with 5, for intraday use 3. I've attached 3 charts the one with the smaller levels used 3, the other two show 4. Of course it is probably best to use both together to see where they coincide. Use the following formula and chart to calculate price:

1. Decide whether to use 3, 4, or 5 numbers for your price.

2. Take the square root of the last high or low.

!3. Add the equivalent decimal for the angle you want.

4. Square the new number.

45* .25

60* .333

90* .50

120* .666

135* .75

180* 1

225* 1.25

240* 1.333

270* 1.5

300* 1.666

315* 1.75

360* 2

Example (see attached chart) gbp/jpy low 241.97

1. use 4197

2. 64.78

3. 65.78 = 1 + 64.78 or 180*

4. 4327 = 1.4327

On the third chart we used the 4299 low as 0* and find the high of 4431 using 4 number calculation, which was 2 pips from the actual high. The time elapsed was 2hr 50m or 42.5* you can now use 42.5* for the next price calculation as follows:

1. Take the square root of actual high of 4433 = 66.58

2. Subtract the square root of the degrees of time you're interested in. In our case the square root of 42.5 is 6.519 so 66.58 - 6.519 = 60.062.

3. subtract your angles - use 1 for 180* 2 for 360* if you're working with low's add your angles.

4. The first level would be 59.062 * 59.062 (60* this translates to 4 hours time.)

5. New target price is 1.4388 see chart "price-time.

I really would like to explore the intraday uses of this method further... I am very interested in more details and wonder if the .xls could be used for intraday also.

[RickW00716]

I am a little confused about getting the intraday price and time levels.

If I am interested in a potential top, I go from the low and use the 180*angle?

How can I use this to predict the time that this reversal may occur?

Thank you.

[et_phonehome_2]

Awhile back there were some articles published in Stocks and Commidities and among on publications on this subject, but seems somewhat confusing to me. From what I read, Gann did not document much of his methods, but from what I know, he made lots of money from his methods.

[blue_seraphim]

i believe in an interview, gann's son mentioned that his father didn't make money from trading.....but that's not to say his research has no merit.....

[hada]

Hello dustovshio,

in your pic usdchf 17.15 your input 1.2306, i guess you use median from high and low at this point and maybe i could be wrong my asking what your reason pick this point?

thank you for great stuff