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Gann theory is only successful when applied correctly. This requires time and experience. This theory will help you to analyze the market and predict future stock price movements. It is crucial to always backtest your strategy and put a stop loss in every trade.

To draw Gann Fan, one should select this object and indicate an initial point in the chart. After that holding the mouse button one should draw the tool at the necessary length. An additional parameter will be shown near the end point — distance along the time axis from the initial point.

Fibonacci fans are sets of sequential trendlines drawn from a trough or peak through a set of points dictated by Fibonacci retracements. ... Traders can use the lines of the Fibonacci fan to predict key points of resistance or support, at which they might expect price trends to reverse.

The Gann Box is one such powerful tool which can be used to measure and detect recurring price cycles. ... The box divides price and time into equal partitions, called price and time levels, and is drawn from a major pivot (either low or high).

Richard Demille Wyckoff (1873–1934) was an early 20th-century pioneer in the technical approach to studying the stock market. He is considered one of the five “titans” of technical analysis, along with Dow, Gann, Elliott and Merrill.

Gann High Low is a moving average based trend indicator consisting of two different simple moving averages. ... It is a simple moving average SMA of the previous n period's highs or lows. The indicator tracks both curves (of the highs and the lows). The close of the bar defines which of the two gets plotted.Apr 24, 2020

Gann Squares indicate possible time and price movements from important highs and lows. To draw a Gann Square on a chart, click the Gann Square button on the toolbar, then move the cursor on the chart to the starting point. The starting point is generally an important High or Low on the chart.

Fibonacci Fan Lines are displayed by drawing a trend line between two extreme points. Then an "invisible" vertical line, equal to the vertical distance between the extreme points, is drawn from the second extreme point to the level of the first extreme point.

The most basic use of Fibonacci fan (or just fibo fan) is to mark out lines of support and resistance within a trend channel. To set up the indicator you simply mark two points on a forming trend. Fan lines drawn by the indicator then show “zones” where support or resistance is likely to occur.Jul 3, 2015