GANN in intraday.

fahed

Active Member
#1
Hello All,

I am looking for a indicator used for intraday trading, Is Gann one of them, Can any one please tell me how to use it.

Regards,
Fahed:(:(:(:(
 
#3
As far as i know ganns wheel is used for the confirmation of trend. But ganns calculator can be used for intraday.. Though not sure on this..

Seniours, please confirm.

Thanks,
Siri
 
#5
Hello All,

I am looking for a indicator used for intraday trading, Is Gann one of them, Can any one please tell me how to use it.

Regards,
Fahed:(:(:(:(
I have found the tracking of Nifty on Intra-day plane by using GANN's Tool is very reliable one.
I am giving here a very cost effective tool simply involving Rs.2=50 only. I had purchased one Transparency sheet (Plastic sheet - 7" x 9") from local Stationery shop. I have drawn Gann's Geometrical Angles : 75-Degree, 63.5, 60, 45, 37,33.5, 22.5 and 18.25-Degree angles on the sheet with the help of Degree-Scale (may be available in your home geometric box) with the marker pen (obtained from local stationery shop). Now you use this drawn-up-sheet on the and place it on the screen of the computer on the face of the Nifty Chart. Try to identify - when the Index is standing on 63.5-Degree but prepares to get down - it may hit 37 / 30-degree so you can buy one PUT call. Conversely, currently the Index is on 22.5-Degree it may go up to hit 45-degree, go for CALL option. One thing to be kept in your mind, I have seen, Gann's - 62.5-Degrr, 45, 22.5 are very important angles while trading on a Inter-day plane.
 

fahed

Active Member
#6
I have found the tracking of Nifty on Intra-day plane by using GANN's Tool is very reliable one.
I am giving here a very cost effective tool simply involving Rs.2=50 only. I had purchased one Transparency sheet (Plastic sheet - 7" x 9") from local Stationery shop. I have drawn Gann's Geometrical Angles : 75-Degree, 63.5, 60, 45, 37,33.5, 22.5 and 18.25-Degree angles on the sheet with the help of Degree-Scale (may be available in your home geometric box) with the marker pen (obtained from local stationery shop). Now you use this drawn-up-sheet on the and place it on the screen of the computer on the face of the Nifty Chart. Try to identify - when the Index is standing on 63.5-Degree but prepares to get down - it may hit 37 / 30-degree so you can buy one PUT call. Conversely, currently the Index is on 22.5-Degree it may go up to hit 45-degree, go for CALL option. One thing to be kept in your mind, I have seen, Gann's - 62.5-Degrr, 45, 22.5 are very important angles while trading on a Inter-day plane.
Let me try this...:thumb:
 
#7
Hi Fahed,

Is it possible to share Excel Sheet ?

3 input cells, they are Price - Starting price, CF= Compting Factor (Degree to price releationship) and Step= Increments.

MS
 
#8
This intraday chart of dow is plotted with gann lines............ the lines were not kept after the day has closed,
the first gann fans were kept in the early morning session and the second gann fan was kept around 11. the dow seems to follow the gann lines for support and resistance rather closely.

To know more about gann.....the books written by him is available free in the net........

if you are going to experiment with gann know that it is uncharted territory............ there are no one to say that you are wrong or right.......the proof is in the pudding (money).
 

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mehtaka

Active Member
#9
I have it in Excel, I dont know how to trade in it, It has 3 input cells, they are Price, CF and Step, If some one could teach us this, It would be great.:(
fahed can u share that excel sheet...so that we can research on it ..and tell how we can use it?...( if there's no probs )..

thanks
 

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