Product / Product Information / Technical Analysis
With Tradecision, you can use Gann Fan, Gann Cardinal Squares, and Gann Grid.
William D. Gann (1878-1955) is a trading legend. He created
and developed several powerful techniques for studying
market action. These include Gann Angles, Gann Fans,
Gann Grids and Cardinal Squares.
W. D. Gann believed that specific geometric patterns
and angles had unique factors that could be used to
forecast future price action. The main aspects of Gann's techniques
were geometric angles in connection with price and time. Gann
identified one the most significant 1 x 1 angle
(equal to a 45 degree angle) and eight other important angles.
Gann said that the ideal equilibrium between time and price
exists when prices rise or fall at a 45 degree angle relative
to the time axis. This is also referred to as a 1x1 angle (i.e.,
prices rise one price unit for each time unit). All of Gann's
methods require that equal time and price periods be
used on the charts.