In this particular example, we need to enter buy if the price crosses above 8418.06 and enter short if price crosses below 8395.14. See below:Īlso, the buy/sell price and respective targets would be generated in the Excel sheet. Once you input this price the Gann levels would be automatically generated. LTP should be taken after at least half an hour of trade for better results, as there is lot of volatility in market during the first 30 minutes. In order to generate these levels, we need to input the latest trade price or weighed average price in Gann calculator (attached with the post). The support/resistance levels are generated using the values in Gann square. Breakouts of thee levels would be used to enter trade. Gann square of 9 calculator is used to generate support and resistance levels for intraday trading. Intraday Trading using Gann square of 9 Calculator Again, in the presence of an independent witness, he made 286 trades, 264 winners and 22 were losses. In front of a customs inspector he turned $130 into $12,000 in less than 1 month. Gann held a trading record which has been unsurpassed by anyone since. He actually found it inscribed in a temple in India and on the walls of the Great pyramid in Egypt, but he was certainly the first trader to recognize its importance and relevance in market trading. Gann closely guarded his secrets whilst he was alive, but almost certainly the Square of 9 calculations was pivotal in his trading methods. During his meticulous studies, he developed some very powerful and innovative techniques, none more so than his use of the tool we call the Square of 9. There is an excel sheet attached with the post which would help you to calculate support and resistance levels based on Gann theory.įine some of our very popular Excel based trading systems in the below link:Įxcel Based Trading Systems History of Gann SquareĪt one point in his trading career, W.D.Gann took three year’s leave to go to the U.K to study the past history of selling prices of Wheat. In this post, we would understand in detail how to use Gann square of 9 Calculator for intraday trading. Each number in the square represents an angle relative to the center. The center of the square contains the initial value which is increased clockwise in spiral form. The square of 9 is actually a spiral or wheel of numbers. This is a very popular method among intraday traders owing to its accuracy in equities as well as commodities. Square of 9 from WD Gann is an unconventional method in Technical analysis which uses angular and geometric relationships among numbers to predict the stock moves.
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