summarizing the understanding of **Gann Indicators** from your provided content
- Basics of Gann Indicators
1. Gann indicators are based on the idea that **markets rotate from angle to angle**.
2. When one angle is broken, **price moves towards the next angle**.
3. Multiple angles together form a **Gann Fan**.
4. Gann angles analyze **pattern, price, and time** simultaneously.
5. Gann believed the **past, present, and future exist together** on a Gann angle.
Gann Angles vs. Trendlines
6. A **Gann angle** is a diagonal line moving at a **uniform rate of speed**.
7. A **trendline** is drawn by connecting tops-to-tops or bottoms-to-bottoms.
8. Unlike trendlines, Gann angles allow forecasting **where price will be on a future date**.
9. Trendlines require frequent adjustment, making them less reliable for **long-term forecasts**.
10. Gann angles provide **predictive value** by projecting consistent support and resistance levels.
Special Considerations
11. Gann believed **time, price, and market action are interconnected**.
12. Gann angles forecast **support and resistance** levels.
13. **Up-trending angles act as support**, while **down-trending angles act as resistance**.
14. Markets tend to **rotate from one angle to the next** (“rule of all angles”).
15. Combining Gann angles with **retracement levels (like 50%)** strengthens support/resistance zones.
Strength and Weakness of Market
16. The **main Gann angles** are 1x2, 1x1, and 2x1.
17. **1x2 angle** = 1 unit price for every 2 units of time (weaker trend).
18. **1x1 angle** = 1 unit price for 1 unit of time (balanced trend).
19. **2x1 angle** = 2 units price for 1 unit of time (strong trend).
20. Other ratios include 1x8, 1x4, 4x1, 8x1, etc.
Chart Scaling and Interpretation
21. Gann stressed the importance of a **properly scaled chart** (“square charts”).
22. The **1x1 angle** is often referred to as the **45-degree angle**, but only valid with correct scaling.
23. Trading **above 2x1** = strong uptrend; trading **near 1x2** = weaker trend.
24. Trading **below 1x1** = weak or bearish market condition.
25. **Price clusters** (multiple angles converging) represent **strong support or resistance zones**.
- Basics of Gann Indicators
1. Gann indicators are based on the idea that **markets rotate from angle to angle**.
2. When one angle is broken, **price moves towards the next angle**.
3. Multiple angles together form a **Gann Fan**.
4. Gann angles analyze **pattern, price, and time** simultaneously.
5. Gann believed the **past, present, and future exist together** on a Gann angle.
Gann Angles vs. Trendlines
6. A **Gann angle** is a diagonal line moving at a **uniform rate of speed**.
7. A **trendline** is drawn by connecting tops-to-tops or bottoms-to-bottoms.
8. Unlike trendlines, Gann angles allow forecasting **where price will be on a future date**.
9. Trendlines require frequent adjustment, making them less reliable for **long-term forecasts**.
10. Gann angles provide **predictive value** by projecting consistent support and resistance levels.
Special Considerations
11. Gann believed **time, price, and market action are interconnected**.
12. Gann angles forecast **support and resistance** levels.
13. **Up-trending angles act as support**, while **down-trending angles act as resistance**.
14. Markets tend to **rotate from one angle to the next** (“rule of all angles”).
15. Combining Gann angles with **retracement levels (like 50%)** strengthens support/resistance zones.
Strength and Weakness of Market
16. The **main Gann angles** are 1x2, 1x1, and 2x1.
17. **1x2 angle** = 1 unit price for every 2 units of time (weaker trend).
18. **1x1 angle** = 1 unit price for 1 unit of time (balanced trend).
19. **2x1 angle** = 2 units price for 1 unit of time (strong trend).
20. Other ratios include 1x8, 1x4, 4x1, 8x1, etc.
Chart Scaling and Interpretation
21. Gann stressed the importance of a **properly scaled chart** (“square charts”).
22. The **1x1 angle** is often referred to as the **45-degree angle**, but only valid with correct scaling.
23. Trading **above 2x1** = strong uptrend; trading **near 1x2** = weaker trend.
24. Trading **below 1x1** = weak or bearish market condition.
25. **Price clusters** (multiple angles converging) represent **strong support or resistance zones**.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.