How to Measure The Scale (Vibration) For Gann Angles

One of the Software that i use to Draw the Gann Angles is Gannlyst - i have also given the link to download this software in the Download section - i feel Ganalyst is the only software which has the Capability to Draw gann Angles in a more Precise way

In  drawing Gann Angles Scaling of the Angle is most important part of drawing Geometric angle - once we understand this it will become more effective

Scaling is nothing but Vibration of the particular Stock  or commodity - As W.D.Gann have Mention that Price and Time are the Same thing - Thus we have to scale the price in Direct correlation toTime

Let See The Types of Gann Angles

W.D.Gann Have Discover nine Different important angles -With 1*1 is the most Important Angle

1*8 = 82.5Degree
1*4 =  75  Degree
1*3 = 71.25 Degree
1*2 =63.75 Degree
1*1 =45 Degree
2*1= 26.25 Degree
3*1= 18.75 Degree
4*1= 15 Degree
8*1= 7.5 Degree

Now let See How to Measure The Scale of a Particular Stock or Index

Method 1)

For Up Trend

( Main Bottom 2 - Main Bottom 1 ) / Time Difference Between (Bottom 2 and Bottom 1 )

For Down Trend

(Main Top 1 - Main Top 2 )  / Time Difference Between (Bottom 2 and Bottom 1 )


Note - Here the Time Difference We can Take Either Trading Days Or Calender Days - By Plotting both the time frames we will come to Know which one will workout more better out of two - and thus we can use that time difference in our further Analysis


Method 2) 

Here we simply Take the Main Top or bottom Which has Formed Recently and Take the Square root of it for 2 time and insert that number in the Price Scale

For Example The

The All time High of Nifty is 6349

√6349

√79.68

  8.93 = Scale Factor for that particular High - is 8.93 

To illustrate i have given you in a Graphically Form by taking the Low of 10 April 2013 Low that is 5477

                                                          Click On the Image To Enlarge

Projecting Price Targets with Head N Shoulder Pattern

In the Head N shoulder pattern the price targets can be projected by measuring the distance between the Head N the Neckline in this case it is 715 points – Than the same range can be projected once the neckline is broken – Thus in this case the neckline is broken at 5620 and the range is 715 points so the probable target may be around 4900-4800 range Approx  – So this method gives us a fair idea of probable Support area – where as also we can cover our short positions and look for the new entry – as the pattern forms .

                            Click on the Image to enlarge 

Predicting (Right) Hand side Top of the Head and Shoulder Pattern

When a possible Head N shoulder pattern is setting up 
You can measure the left hand side (Shoulder) Top to (Head) Top -The time or trading days it has taken to form -   and than the right hand side Shoulder 
Top we can predict with same approximation 

Where as in this case it has turned out excatly the same amount of trading days which is 46 days 

Again we can confirm that trade and initiate short   with some indicator or simple trend line break 



      Click on the Image to Enlarge - to get a better view