Making it Dynamic
Once you understand what you are looking for with a Gann Fan, it is much easier to use the Dynamic Gann Fan that Market Analyst has to offer. With the Dynamic Gann Fan you need to choose two points in the market. Typically I am looking for the start and end of a major move in the market. The following example is from the SPI (Share Price Index), a futures market in Australia.
I simply selected the start as the low in March 2009 and the top as the recent top in the SPI market at 15th October 2009. The Dynamic Gann Fan draws the 1x1 line between my two selection points and then draws all the other lines (2x1 etc) as ratios from the 1x1 line. When I look at the properties of this tool I can see that it has calculated a Price Unit of 11.471611, now that’s not one of our numbers that we would normally use! In this case we have a Price Unit that this market h
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