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Here is another method/answer or partial one at any rate
Michael
----- Original Message -----
From: <MikeSuesserott@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, November 02, 2001 2:41 AM
Subject: [RT] Gann angles - can they be quantified?
> Hi Clyde,
>
> normalizing price seems indeed to be the only logically sound way of
> approaching this. So suppose the current pivot is at 600, your program
> internally equates every 6 price points to one day? Is this correct? Then,
> on a weekly chart, would one bar be equivalent to 6 price points, or 5
times
> six, or seven times six?
>
> I have to think about this some more, but to my mind it is the best
solution
> I have seen so far. Of course the question remains whether the use of that
> number 100 has any basis in fact, or even in Gann's writings, as it no
doubt
> looks somewhat arbitrary. Perhaps 144=12*12 would be more "Gann-like". But
> then, Gann's teaching as a whole seems to require several leaps of faith
> anyway, doesn't it?
>
> Thanks and best regards,
>
> Michael Suesserott
>
>
> -----Ursprüngliche Nachricht-----
> Von: Clyde Lee [mailto:clydelee@xxxxxxxxxx]
> Gesendet: Thursday, November 01, 2001 14:44
> An: realtraders@xxxxxxxxxxxxxxx
> Betreff: Re: [RT] Gann angles - can they be quantified?
>
>
> Mike,
>
> There is an answer to your problem which will set many Gann fans off
> on a tare but I will gurantee you that this approach works very well.
>
> The following is a snip from the documentation of my SquareOfNine
> indicator which solves this problem I believe.
>
>
> {What this auto-scaling does is to convert all prices to }
> {values such that the current pivot/turning point has an }
> {apparent value of 100 and calculations are based on }
> {a Gann Square with this
> }
>
> Clyde
>
>
> ----- Original Message -----
> From: MikeSuesserott@xxxxxxxxxxx
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Thursday, November 01, 2001 4:25 AM
> Subject: [RT] Gann angles - can they be quantified?
>
>
> Hi all,
>
> here is a question that I have been unable to answer all my trading life.
I
> asked it on another list, but have not received any satisfactory reply to
> it.
>
> The problem: I fail to understand how one can speak of Gann 45 degrees or
> squares when there is no accepted standard for the x- and y-scales of a
> chart. Who determines what constitutes the applicable units of time and
> price?
>
>
>
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>
>
>
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>
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Attachment:
Description: "timeprice squared eg with explanation,NDX.doc"
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