kxmp

New idea about gann line aka gann box

BINANCE:BTCUSDT   Bitcoin / TetherUS
The original gann line is exactly line with box. Or that box is with line.
45°line is very famous but many people don't know how to use it.
It's always 1° per day.
Ahhh but in gann box . That's a transpert plastic paper which like a rule to measure something.
Today I have a interesting idea. Maybe It can be adjusted!!!
To adjust it. You must know the cycle. e.g original is 90d or 144d. IDK other parameters.
So what if we use it on 4day cycle? or 8day?
I'm not sure how to use it.
#It's just a idea. It have nothing to do with chart above.
My basic idea is if you found a subcycle. Multiply it to bigger cycle. Use box to include a full bigger cycle.
I think box high should be high of cycle. (If you use it this way maybe you should wait highest price come. Well you must have some cycle basic or it's all not work for you)
I think this way is worth to study because gann said the 45degree line is a true Moving average line.
Maybe we can use it to judge whether the trend is strong or weak.
#This idea maybe looks dumb but if it can be a valid confirm tool it's still very valuable.
Apr 08
Comment: https://s3.amazonaws.com/tradingview/sna...
Notice the 8d avg line is similar to that trendline(2d wave. But it already wrapped 4d price so it's a 4d vtl line. if 4d line is break we know the 4d cycle is confirmed And this small wave is inside 8d wave. If you want to opereate in this cycle you must be carefully because it's very short.)
#gray=4d avg blue=8d avg
Let's not talk hurst cycle. It's just hard to analysis XD.
The cirtical point is that the gann line is not draw by bottom & bottom.
I draw it from Hi-LO range!!
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