The squaring of price and time was one of the most important and valuable discoveries that Gann ever made. In his trading course he stated “if you stick strictly to the rule, and always watch when price is squared by time, or when time and price come together, you will be able to forecast the important changes in trend with greater accuracy.”
The squaring of price with time means an equal number of points up or down, balancing an equal number of time periods- either days, weeks, or months. Gann suggested traders square the range, low prices, and high prices.
Squaring the Range
When Gann angles are drawn inside a range, the angles provide the trader with a graphical representation of the squaring of the range. For example, if a market has a range of 100 and the scale is 1 point, a Gann angle moving up from the bottom of the range at 1 point per time period will reach the top of the range in 100 time periods. A top, bottom, or change in trend is expected during the time period when this occurs. This cycle repeats as long as the market remains inside the range.
Squaring a Low
Squaring a low means an equal amount of time has passed since the low was formed. This occurs when a Gann angle moving up from a bottom reaches the time period equal to the low.
For example, if the low price is 100 and the scale is 1, then at the end of 100 time periods an uptrending Gann angle will reach the square of itself. Watch for a top, bottom, or change in trend at this point. The market will continue to square the low as long as the low holds.
A graphical representation of squaring a low price can be seen on a chart Gann called a zero-angle chart. This chart starts an uptrending angle from price 0 at the time the low occurred and brings it up at one unit per time period. When this angle reaches the original low price, a top, bottom, or change in trend is expected.
Squaring a High
Squaring a high means an equal amount of time has passed since the high was formed. This occurs when a Gann angle moving down from a top reaches the time period equal to the high. For example, if the high price is 500 and the scale is 5, then at the end of 100 time periods a downtrending Gann angle will reach the square of itself. Watch for a top, bottom, or change in trend at this point. The market will continue to square the high as long as the high holds.
A graphical representation of squaring a high price can be seen on a zero-angle chart. This chart starts an uptrending angle from price 0 at the time the high occurred and brings it up at one unit per time period. When this angle reaches the original high price, a top, bottom, or change in trend is expected.
Time analysis in Gann Theory requires the trader to study market swings, anniversary dates, cycles, and the squaring of price and time to help determine change in trend points.
Read Michael S. Jenkins masterpiece 'Square The Range Trading System'For Complete understanding of this Method
i have downloaded gann angle excel sheet and want to play it for intraday purpose so which values i should have to enter columns given resistense support and price. as of now i am using only close price of first 15 min. candle in all the three columns.
ReplyDeleteYour giudence will make my trading better.
Thanks.
This comment has been removed by the author.
Deleteplease provide a real life example using NIFTY data, that will make the concept clear.Is there any indian publication of the book-Michael S. Jenkins masterpiece 'Square The Range Trading System'.
ReplyDelete@ CHIRAGBVYAS
ReplyDeleteTHE EXCEL SHEET GIVES BETTER PERFORMANCE ON DAILY CLOSING VALUES RATHER THAN ON 15 MINUTE AND 5 MINUTE - SO USE IT AS A POSITIONAL TRADING SYSTEM RATHER THAN USING IT FOR SCALPING
@ Biplab
ReplyDeleteSoory Biplab - The material in the book is Copy-righted i cant publish his work -I have just shown you above how the squareing time and price works - even you can apply that - its just the basic thing - you cannot get knowledge without work - so please spent some time on the above concept - yo will get the understanding -
Can you tell me which book/books I should refer? For SQUARING THE PRICE RANGE WITH TIME
Deletei am not asking to publish u the book material, i am asking if there is any Indian publication of the book so that i can BUY in indian rupree.
ReplyDeleteBut in the above article u have put up, u have not given any clue how to apply the concept in real life trading, otherwise the whole concept is going above head.
please give some clue about it
see in the GANN ANGLE topic u have put up, u had given the example of drawing the Gann angle from the April 2013 Low@ 5477, using the scale as double squareroot of it, which acted as resistance in JULY 2013 & MARKET FORMED A SHORT TERM top AFTER HITTING THIS Gann angle Trendline.
ReplyDeleteIf u have not given the example then the concept would not have been clear, now with the example this concept is crystal clear.
although in the article it was not clear how the scale is choosen, i wrote u many comments, & u were kind enough to write answer every time. In the interaction all the difficultiesin understanding got solved.
GANN ANGLE article is the best article in this blog so far
So sir , i request u to include a real life example in every topic u put up, it will be really hepful for all the readers of this blog
Hi All Members, I am new to this blog and will be regular i want to learn Gann Method...can u all pls say me intial steps to go for
ReplyDeletePls would be glad i u all assist me a bit
ReplyDeletehow to download gann angle excel sheet
ReplyDeletekindly send the email to me
my email
vkumar9696@ gmail.com
Thanks
Vijay
Mr. Ajay singh please start by reading the Biography of WD GANN by searching the net., then we can proceed further.
ReplyDeleteDone Mr.Biplab brata palit...Biography of wd gann
ReplyDeleteUsing Gann's theory on Market Timing along with other Advanced Mathematical formulae, we are predicting tomorrow's stock market movement in Advance Forecast Graph for World indices, stocks, commodities, currency and Forex markets. For more details, please visit www.mastersinnifty.com - Subrahmanyam C (www.mastersinnifty.com), Chief Research Analyst
ReplyDeleteyou have given equal price with equal cost.good keeping you really do nice work & your way of publishing also like.thanks
ReplyDeleteEquity Trading Tips
Intraday traders may also use these auto calculated Gann square of 9 levels based on the last day closing prices for nifty and it's components.
ReplyDeleteIntraday Stock Tips
yes u can
ReplyDeletesir...How to get sq of 9 for time measurement (horizontal).....as you wrote price measurement (vertical) which works xclent.......is there any formula for that.....????
ReplyDeleteand also
provide some guidance for gann angle formula......
hi im rohan
ReplyDeletew.d.gann, at the start of his carrer only new price trading for that he used only 2 charts square of 9 and wheel of 24,,,,, then after sucess in trading he started range squaring of price with counting od days ex 90 days etc...but he knew the price squaring which tallied the time,, so first learn price trading with his tools,,, its easy to lean only apply his basic rules of 3-6-9- then after 1920 he started leaning planetary movement for time.. which was his invention of real time ...of bull and bear market,,, the main panets are.......i have worked 7 yrs for it ,,,i will only give u hint first learn price entry and exit then study square price move in square then only u will get time,,, thats planet,,,, which is,,,first study then i tell
my number 9769212176... i will assist only to those who have worked and want to lear w.d.gann price and time bull bear market trading....which only planets tells for time,, and price will always square frm 1 square to other which tells u not only effects but effects well in advance.. in any commodity like copper which is in bear phase frm last 2 yrs this will b last yr of coper trgt 256-288 bull will start there...now
ReplyDeletenift....nift is in bull market for more 3 yrs,,,, first trgt is 12000.now in 3 mnth before septembetnifty will brk 9300. it will then go 14000 and acheive 16000...the time will confirm the reversal that is planet,,,,that nifty will crash frm 16000 to 18000....to 8000....
Hehehehe...work hard dude...little knwldg is dangerous thing...time has proven you wrong..kheee kheee kheee kheee..hohohoho...Gann ke Chacha
Deletemy email id is rohan.nalavade@yahoo.com
ReplyDeletei would love to learn gann theory.please tell me how shall we proceed.
Deletei would love to learn gann theory.please tell me how shall we proceed.
Deletemy email id is rohan.nalavade@yahoo.com
ReplyDeletehi im rohan
ReplyDeletew.d.gann, at the start of his carrer only new price trading for that he used only 2 charts square of 9 and wheel of 24,,,,, then after sucess in trading he started range squaring of price with counting od days ex 90 days etc...but he knew the price squaring which tallied the time,, so first learn price trading with his tools,,, its easy to lean only apply his basic rules of 3-6-9- then after 1920 he started leaning planetary movement for time.. which was his invention of real time ...of bull and bear market,,, the main panets are.......i have worked 7 yrs for it ,,,i will only give u hint first learn price entry and exit then study square price move in square then only u will get time,,, thats planet,,,, which is,,,first study then i tell
how can i get that excel sheet
ReplyDeleteDear GP, i am new to this blog. i am serious about learning Gann method. a) tell me how to begin, b) please send me excel sheet of Gann square of 9. my email:parimaldevnath@rediffmail.com thanks a lot
ReplyDeletesir how find prise with time periouds....
ReplyDeletewww.ruchirgupta.co.in visit my site. if really want to leaarn Gann
ReplyDeleteCan any one learn w d gann and made money. Inform me on brij4455@gmail.com
ReplyDelete