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At 02:39 PM 6/7/97 -0500, Michael L. Robb wrote:
>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>
>
>============================================
Mike -
Can you provide those who ask, and I am one who does, for a .gif of what
you say above?
-- Frank :-)
High Return on Investment using Technical Analysis
http://www.usinternet.com/users/fbg/
Minnesota Long Distance Canoe Racing
http://www.usinternet.com/users/fbg/mnlong/
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