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Gentlemen:
Murrey Math is a special case (arguably the right case) of Gann; where
horizontal divisions ( of a Gann Square) are placed in accordance with pure
number theory (arithmetic), rather than intuitively, from random price
extremes; or from pre-selected Elliott wave points, or trendline breaks, or
aspects of other pattern recognition techniques.
Vertical (time) lines are bassed on division of the yearly price action into
eight equal sections (and at least one subdivision, making sixteen equal
section). This aspect can easily be programmed into a MS chart; and, I would
guess, also into a MS Template.
Pre-programming the horizontal lines at the precise 1/8th levels of any
charted price range, is apparently not one of the capabilities of MS.
Further programming seems to be required to automate this.
However, once this is accomplished, then the angles for the upward and
downward Gann Fan lines could also be automated; again, the degrees of these
angles are the eight division of the right angle, which places them 11.5
degrees apart.
I am not acquainted with a circle drawing function on MS; although I am not
using circles, and may have overlooked it.
The linear parts to the Murrey-Gann Square look potentially programmable as
an MS Template.
Regards,
Mike
References: Two articles from Traders World on <murreymathtrading.com>
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