Intraday Trading Using Gann Calculator

radha55

Well-Known Member

vssoma

Well-Known Member
#24

dear radha,
if u don't mind.....edit your first post and add this all there...it'll be useful for the visitor.
good luck,
 

Karanm

Active Member
#26
How to execute trade based on this system.

To trade using this system in intraday you need to take the LTP of index or stock after 9:05 am in morning.

Ideally you should take the Weighted Average Price of any stock or scrip between 9:05 am - 9:15 am.

However, after 9:30 am, you should only take LTP of stock or index.

Idea is in early few minutes there is lot of volatility in market, so to decide fair price we should take Weighted Average.

Many times it is not possible for many to start trading from 9:00 am. In that case, those who start trading after 9:30 am, can take LTP.

Now lets say you get the price as 5152.

You enter the price in Gann Calculator

You will get the square that looks like below



5152 falls between 5166 and 5148.

So we should buy above 5166 and sell below 5148.

Targets are next levels in the calculator.

Hope this is clear.

Now lets say 1st target is achieved.(5181)
Then we we watch whether price is able to sustain above 5181 for more than 5 min.

If it sustains, we continue our long position. If not, we square off.
Sir, suppose we go Long at 5166, Targets are being mentioned at the bottom of the Gann Square but where are Targets in the Gann Square?
Regards
Karanm
 

Karanm

Active Member
#28
The circles in the image below are targets.

Same for short selling, go in reverse direction.

Sir, Kindly explain the following :
1. Why there is diference in the Values which have been circled in the
Image and the the Target Values mentioned below the Chart.
2. You are having two threads and both have diffrent Calculators - One
gives only one option - Long or Short and the second gives both the
options - Long above ---- & Short below ----, which Calculator we have
to use.
3. As per you knowledge, what is the Success Ratio & Risk/Reward Ratio we
can expect while trading with this Statergy of yours.
Regards
Karanm
 

radha55

Well-Known Member
#29
Sir, Kindly explain the following :
1. Why there is diference in the Values which have been circled in the
Image and the the Target Values mentioned below the Chart.
2. You are having two threads and both have diffrent Calculators - One
gives only one option - Long or Short and the second gives both the
options - Long above ---- & Short below ----, which Calculator we have
to use.
3. As per you knowledge, what is the Success Ratio & Risk/Reward Ratio we
can expect while trading with this Statergy of yours.
Regards
Karanm
I am sorry. I should have told that, the circles ones are Resistance and Support.

The Targets are calculated by multiplying 99.95% to resistance and support.

So if my resistance is 5184, then my target will be 5184*0.9995 = 5181.4

Hope u understand.
 

Karanm

Active Member
#30
I am sorry. I should have told that, the circles ones are Resistance and Support.

The Targets are calculated by multiplying 99.95% to resistance and support.

So if my resistance is 5184, then my target will be 5184*0.9995 = 5181.4

Hope u understand.
Sir, Kindly explain the following :

1. You are having two threads and both have diffrent Calculators - One
gives only one option - Long or Short and the second gives both the
options - Long above ---- & Short below ----, which Calculator we have
to use.

2. As per you knowledge, what is the Success Ratio & Risk/Reward Ratio we
can expect while trading with this Statergy of yours.

Regards
Karanm
 

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