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You are confusing a Gann Square with a Gann Square of 9. I am not trying to generate a Gann Square of 9 on a chart, but a Gann square based on the Square of 9.
I am curious, however, do you have any evidence that either is a "bunch of crap?" Do you know how to generate a square or even use it properly? Do you have another technique that generates time and price from a single high or low point? The attached is a recent example of the square for gold fromthe 4/2/01 low. The 180 degree level is 289 and the actual was 288.5. The square in time is 16 and is one day off. Do you have anything that couldmake these projections based on the 4/2/01 low? Would love to see a validalternative.
Could other TA have made similar projections. Probably. Does this mean that I don't use Gann stuff - no. I use anything and everything that works.
I am not a Gann defender, nor an Elliott or Fibonacci or anything defender.If you have a defendable basis for rejecting a particular methodology then please share it with the group. Otherwise, one might get the impression that your opinions are totally subjective in nature.
By the way, although I am not a student of Gann, I have read that when he died he had $50MM in an offshore bank that was shielded from his family or at least some of them.
Good luck in your trading.
Bill
----- Original Message -----
From: server not recognized
To: amibroker@xxxxxxxxxxxxxxx
Sent: Wednesday, May 23, 2001 5:10 AM
Subject: Re: [amibroker] Vertical Lines
I've never seen such a thing. Gann squares are usually a table drawn by hand in a spiral where the key dates are those at certain angles of the square (or hexagon). Numbering starts at the centre and radiates outwards in a spiral. When a price is hit at say the 90deg radial then usually it means the next stop of is another quadrant angle such as 45, 180, 270 (from memory). So whatever price was at that point is the possible up/downside.
Frankly I think its a bunch of crap. Plenty of newsgroups don't give this approach much credit and note that Gann survived on the money from his family business not from trading. Or so I'm told.
How its proposed to turn all this into an indicator I wait with interest - academic interest not serious trading interest.
P
----- Original Message -----
From: wavemechanic
To: AmiBroker, yahoogroup
Sent: Wednesday, May 23, 2001 9:02 AM
Subject: [amibroker] Vertical Lines
I am trying to build an indicator that will generate a Gann square. The horizontal levels are OK, but I cannot figure out how to draw vertical lines after calculating their values. Does anyone know how this can be done.
Bill
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<DIV><STRONG><FONT size=2>Server:</FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2></FONT></STRONG> </DIV>
<DIV><STRONG><FONT size=2>You are confusing a Gann Square with a Gann Square of
9. I am not trying to generate a Gann Square of 9 on a chart, but a Gann
square based on the Square of 9.</FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2></FONT></STRONG> </DIV>
<DIV><STRONG><FONT size=2>I am curious, however, d</FONT></STRONG><STRONG><FONT
size=2>o you have any evidence that either is a "bunch of crap?" Do
you know how to generate a square or even use it properly? Do you have
another technique that generates time and price from a single high or low
point? The attached is a recent example of the square for gold from the
4/2/01 low. The 180 degree level is 289 and the actual was 288.5.
The square in time is 16 and is one day off. Do you have anything that
could make these projections based on the 4/2/01 low? Would love to see a
valid alternative. </FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2></FONT></STRONG> </DIV>
<DIV><STRONG><FONT size=2>Could other TA have made similar projections.
Probably. Does this mean that I don't use Gann stuff - no. I use
anything and everything that works.</FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2></FONT></STRONG> </DIV>
<DIV><STRONG><FONT size=2>I am not a Gann defender, nor an Elliott or Fibonacci
or anything defender. If you have a defendable basis for rejecting a
particular methodology then please share it with the group. Otherwise, one
might get the impression that your opinions are totally subjective in
nature.</FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2></FONT></STRONG> </DIV>
<DIV><STRONG><FONT size=2>By the way, although I am not a student of Gann, I
have read that when he died he had $50MM in an offshore bank that was shielded
from his family or at least some of them.</FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2></FONT></STRONG> </DIV>
<DIV><STRONG><FONT size=2>Good luck in your trading.</FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2></FONT></STRONG> </DIV>
<DIV><STRONG><FONT size=2>Bill</FONT></STRONG></DIV>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=winchp@xxxx href="mailto:winchp@xxxx";>server
not recognized</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=amibroker@xxxxxxxxxx
href="mailto:amibroker@xxxxxxxxxxxxxxx";>amibroker@xxxxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, May 23, 2001 5:10
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [amibroker] Vertical
Lines</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>I've never seen such a thing. Gannsquares
are usually a table drawn by hand in a spiral where the key dates are those at
certain angles of the square (or hexagon). Numbering starts at the
centre and radiates outwards in a spiral. When a price is hit at say the
90deg radial then usually it means the next stop of is another quadrant angle
such as 45, 180, 270 (from memory). So whatever price was at that point
is the possible up/downside.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Frankly I think its a bunch of crap. Plenty
of newsgroups don't give this approach much credit and note that Gann survived
on the money from his family business not from trading. Or so I'm
told.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>How its proposed to turn all this into an
indicator I wait with interest - academic interest not serious trading
interest.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>P</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
wavemechanic
</DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=amibroker@xxxxxxxxxxxx
href="mailto:amibroker@xxxxxxxxxxxxxxx";>AmiBroker, yahoogroup</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, May 23, 2001 9:02
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> [amibroker] Vertical
Lines</DIV>
<DIV><BR></DIV>
<DIV><STRONG><FONT size=2>I am trying to build an indicator that will
generate a Gann square. The horizontal levels are OK, but I cannot
figure out how to draw vertical lines after calculating their
values. Does anyone know how this can be done.</FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2></FONT></STRONG> </DIV>
<DIV><STRONG><FONT size=2>Bill</FONT></STRONG></DIV><BR><TT>Your use of
Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service</A>.</TT>
<BR></BLOCKQUOTE><BR><BR><TT>Your
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service</A>.</TT>
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