How to use Gann Square?
An overview of Gann's spiral quadrangle Another form of Gann's "wheel in wheel" is Gann's spiral quadrangle, also known as Gann's square. The square of Gann spiral is to divide the weekly market into eight parts, and the price on the cross line and diagonal of the square is the important price that is likely to turn. The drawing method of Gann spiral square is: 1 Observe the historical trend of price, and select the historical high or low position as the center of Gann spiral square; 2. Determine the price unit of price increase or decrease; 3 Gradually expand counterclockwise. Through Gann's theory, we can calculate that the price on the center line and diagonal of the square is likely to become an important support or resistance to the price trend. Gann spiral square has the same effect as gold expansion line, so it has more accurate prediction function. The difference is that the golden expansion line is logarithmic series expansion, the latter term is 1.5438+08 times of the former term, and the square of Gann spiral is arithmetic series expansion, which is called arithmetic progression. Figure: Gann Spiral Plaza Gann Price Plaza Production Rules Gann Price Plaza is mainly used to analyze the support and resistance of prices. Its production method is quite special. Before making a square, we must first determine two parameters: 1. It is the highest or lowest price in history; 2. It is a step of price rising or falling. For example, the Gann Square in the above picture starts from the historical low of 1, and is added step by step in the counterclockwise direction, gradually forming a continuous and expanding Gann Square. Important support and resistance positions are: (1) the price on two diagonal lines of a square (white); (2) The price on the horizontal axis of the square (yellow); (3) The price on the vertical axis of the square (yellow); The significance and application of Gann Square The significance of Gann Square is a spiral shape that grows infinitely counterclockwise with a fixed step size. According to this calculation method, its starting point (the center of the square) is the historical high or low point of a market. When it extends in fixed steps, the first layer has 8 steps, the second layer has 16 steps, the third layer has 24 steps ... and the nth layer has nX8 steps. Therefore, the support potential and resistance potential calculated by Gann Square are actually a mathematical series with the unit of 8,16,24 ... Gann Square and Fibonacci series (magic number). Gann Square and Golden Spiral Square both start from a center and expand outward in the form of a spiral. The difference is that Gann square is arithmetic progression growth, while the golden spiral is logarithmic growth, and its multiple unit is the golden ratio of 65,438. One thing about the resistance and support of Gann Square and Golden Spiral Square is * * *, that is, most magic numbers fall on the important angle line of Gann Square, and the first nine items of magic numbers 1, 2, 3, 5, 8, 13, 2 1, 34, 55 all fall on Gann. When the number on the diagonal of Gann Square meets the magic number, it often produces strong resistance or square support. The number in the lower right corner of Gann Square is 1, 9, 25, 49, 8 1, 1, 169, 225 ... The number minus1in the upper left corner of Gann Square is 4. (1) If a big upward trend starts from a certain price, it may end on the square of this price. (2) If a big downward trend starts from a certain price, then the square root of this price may end the step of using software to make Ganen Fang. 1, the choice of starting point, choose an important historical low or historical high of K line as the starting point. 2. Selection of starting price (1) If Gann Square starting from the historical low point is made (choose the lowest price), click this K line with the left mouse button; (2) If you have made a Gann Square starting from a historical high (choose the highest price), click this K line with the right mouse button; 3. Click on the box in the menu-Gann Price Box (or enter it directly with CTRL+J). 4. The selection principle of step size is: choose volatility as step size or 0.00 1, 0.0 1, 0. 1, 1, 1 0,65438. 5. Draw a square (1). If it is low, press the resistance button. (2) If it is very high, press the support button. 6. Signs of resistance and support