Gann
Gann Box - How to set upQuick rundown of setting up a gann box.
Steps below also;
1. Pick a TF (Minimum 1HR ) Example here on 4HR
2. Lock price to bar ratio
3. Find key pivot high or low
4. Turn on magnet, and select the 'Gann Square' tool
5. draw the square from your pivot point, until you go beyond the current price AND hit one of these key fixed time intervals (see number at the bottom right corner of the Gann Square to see your interval)
- 45, 90, 180, 360, 720 etc
- (in short, doubling from 45, then doubling the interval every time)
6. Next step is getting the ratio correct on your Gann Square. In the Gann Square settings, there is the option to change the ratio ('Price/Bar ratio').
a. Here are the ratios you must use (in order of importance);
- 1, 2, 5, 10, 20, 40, and, as a last resort, 2.5.
b. Ideally, you want the ratio to be as low as possible. However, with Bitcoin, price is so high and volatile that we need to look at bigger ratios. In this example I've used an interval of 1,440, and ratio of 40 to get my template set up.
c. There will then be coins that a ratio of 1 will be cause your Gann square template to be way too big, these will be on low value coins. I have checked, and you can divide your key ratio by 10 to achieve a relatively normal sized Gann square (examples will be shared).
So you can take a ratio of 2, and divide by 10 to give you 0.2. If still too big, divide by 10 again to give you 0.02. Just make sure you stick to the key ratio numbers.
7. Finally, select the Gann box tool, and draw from the same pivot point, and drag it to line up with your Gann square corner to corner.
Once your Gann box is set, you can remove the Gann square.
Gann Alignment Tool for DWEBThis is just one of the use cases for DWEB (Dynamic Weighted Equilibrium and Balance). In addition to giving you amazing data and visuals regarding the health and strength of an asset, this hybrid drawing feature adds a whole new dimension.
I call the dots "taps" and they signal very specific reactions based on price, balance, volume, and most importantly time. These taps hold data that allow you to find hidden trajectories and natural price action in the future.
The video will show you how to build very accurate Gann fans in seconds. Though this may be unconventional it's purposely built to provide easy, meaningful, natural, and very accurate fans that always provide valued data (if you know what to look for).
Choosing the best taps for alignment is the art but most of the time I use the longest and/or the most recent.
On smaller timeframes you can use the GREEN and RED taps together to find intersects that hold great data for levels, Fibonacci, additional Gann tools and geometry based charts.
Along with Bonfire (indicator) for squaring and pivots, users that put the time in to learn this system will be rewarded.
This is a pay for use indicator. Please contact me via message on TV or Twitter regarding payment via cryptocurrency.
DownTheRabbitHole indicatorAn in depth explination on how to use the indicator. Included in the indicator...
Pi cycle top indicator with flag
350 day Fib multiplier channel levels
20, 50, 100, 200 EMA
experimental fib fraction level multipliers
NOTE!
Do not reply to any emails from me asking you for money for any investment opportunities. Cheer credits are appreciated (but not expected) to keep ads away from my charting videos. We are all here to help each other grow, not scam and rob each other. Leave that garbage to Wallstreet. I am not a professional and do not provide financial advice. I am as green as you. I do not charge money for anything. I am a horrible teacher and do not tutor on the side. I am 100% wrong all the time.
Trade Safe~