User Guide
Gann 9 makes applying W.D. Gann’s most popular and profitable techniques a breeze. It also introduces a new set of original TA indicators and trading signals designed to help you make quick and informed investment decisions.
You can watch our educational videos here
If you experience technical issues, or have further questions about using this app, please use this contact form. For every problem there is a solution, but we cannot help anonymous reviewers.
New in version 3.0 and 3.0.1: added
* Trend Bars™: designed to eliminate noise from random price moves and provide a novel visual approach to defining trend. They tend to get longer when the trend strengthens, and shorter when the trend weakens or is about to end.
* Power ranking (a gauge of daily buying/selling pressure for any symbol) and scan. Max Selling pressure = 0, max Buying pressure = 100. Values between 40 and 60 are displayed in yellow.
* Automatic Swing angles (version 3.0.1) and a SAR (stop-and-reverse) indicator based on Swing angles.
The new angles are discussed in more detail below (section A(2)).
NB: Trend Bars™ and Automatic Swing angles are included in our CIT Toolbox for TradingView
and in CIT Collection for NinjaTrader.
* Sq 9 CIT Dates calculated in trading days from lowest swing low (red bars) and highest swing high (green bars) marked at the bottom of the swing indicator.
By selecting the letters A, B, C or D, users have the ability to choose from Settings whether, when calculating future CIT dates, they prefer to use numbers from the Cardinal or Diagonal cross:
In Data panel the same numbers are calculated in calendar days (see Data panel below).
New in version 2.8: Watch List iCloud integration. Now you can share your WatchLists between all your OddsTrader app family applications.
New in version 2.6: added 6 new scans based on our BSH (Buy, Sell, Hold) and Swing indicators. You can read more about them here. Each scan is named after an indicator described on the above link.
These include dual time-frame, or LTF scans, for combined daily and weekly setups.
Added a LTF (Longer Time Frame) Swing indicator (dotted line).
New in version 2.4.3: added scanning tool:
The scans are an excellent source for generating new trading ideas every day. They allow users to scan their Watchlists for:
A. Buy/Sell signals (correspond to the thick green/red line in chart). A Buy/Sell signals will appear only on the first day when the color changes; and
B. Swing Time (how long the Swing indicator has been moving in its current direction; see below A.3 Swing Indicator).
New in version 2.4.1: for iPad users, includes a link to a new web app, with additional proprietary indicators, accessible from any browser, on any computer or tablet.
New in version 2: added Vix market timing module.
The app has three key elements: Chart Panel, Data Panel, and Trading Strategies.
A. The Chart Panel includes:
1) Price chart displayed in line-dot, bar or Trend Bars™ format.
2) Trend Lines/Angles
a/ Trend Angles: drawn from the close of the day with the highest high and the lowest low (dotted lines): they are programmed to square the range at the default 1 x 1 angle. From Settings (top of the chart), users have the ability to adjust the angle. When you move the slider to 2, the app will draw a 2 x 1 angle; 0.5 = 1 x 2 angle, etc. Their significance and application are explained in the Trading Strategies section below.
b) Swing Angles: automatically calculate and display the correct step for the 1 x 1 angles from swing highs and lows adapted to price scale. Users have the ability to adjust the slope/step of the angle from the Settings tab (top of the chart) thus creating harmonic angles.
c) SAR Angles: SAR (stop-and-reverse) indicator build using the Swing angles algorithm i.e. the indicator will change direction once price crosses above/below the current swing angle in place. Users have the ability to adjust the slope of the angle from the Settings tab (top of the chart). Lower slope readings (below .8) will produce a combination of support/resistance levels and angles.
Please take a few minutes to experiment with different slope settings and get familiar with the functioning of these unique and innovative tools. And don't forget to keep an eye on the Swing indicator as well (see #4 below).
3) Tunnel Indicator (grey tunnel): named after and inspired by Gann’s TTTA novel, the tunnel is a powerful visual aid for highlighting the trend. Based on a proprietary algorithm, it is designed to capture 80% of price fluctuations and to project the trend for the following week (in daily mode) or month (in weekly mode).
4) Swing Indicator (bottom window): a custom, coincidental indicator, designed to be used as a swing detection tool. The T1, 2, 3, ... number on top of the chart, under Trend settings, reflects how long the Swing Indicator has been moving in its current direction. The number will turn yellow after 6 and red after 9. The average swing length for stocks in the SP500 is 4 -- 5 days.
The HTF (Higher Time Frame) Swing indicator is displayed as a dotted line. This means that in daily (6 m) chart, for example, you'll see the weekly signals as well.
Please keep in mind that the Swing indicator is meant to show where swings, as identified by the algorithm, start and end. The absolute level of the indicator has no real meaning, and has nothing to do with the price levels displayed on the chart.
5) Symbols and exchanges: the app will chart any symbol with more than 150 days of historical data available through Yahoo Finance. For a list of supported exchanges please visit: http://finance.yahoo.com/exchanges. Mutual funds should be viewed in weekly timeframes only, because they don’t report open, high and low prices.
All symbols follow the Yahoo Finance nomenclature. For Forex pairs symbols follow this format: EURUSD=X; for international exchanges add the appropriate suffix e.g. .AX for Australian Stock Exchange, .HK for Hong Kong Stock Exchange, etc.
B. Data Panel
Data Panel highlights key information from Chart Panel, and introduces a few additional metrics.
1) Trend: it shows whether the Tunnel is pointing Up = Green, Down = Red, or Sideways = Yellow.
2) Swing: it shows whether the Swing indicator is pointing Up = Green or Down = Red
3) Price and date section: this section automatically picks the numerical values of the highest high and lowest low, and the dates on which they occurred. These are used by the built in Sq9 calculator below for identifying support/resistance levels and Change in Trend (CIT) dates.
4) User inputs: here you can input your own numbers and dates for use by the Sq9 calculator. The default input for price is half the range between highest and lowest price (50% retracement). The default input for date is between the date of the highest and the date of the lowest price.
5) Range retracement: shows the precise numerical values of the gridlines in Chart Panel. They divide the range (difference between the highest high and the lowest low) by 8. These levels very often act as support/resistance levels. Gann advised paying particular attention to the 50% retracement, and also mentioned the 33.3% and 66.6% retracements (these two, and the 12.5% and 87.5% levels are not marked on the chart, to avoid unnecessary cluttering).
Those familiar with Elliott Wave theory will note that these levels are pretty close to key Fibonacci retracement levels.
6) % Extension/Retracement (+/- %): the same percentages used to divide the range are added to the lowest low (L up), or subtracted from the highest high (H dn), or added to/subtracted from a user selected number (User Up/Dn); e.g. 100 + 12.5% = 112.5
7) Sq9 calculator: (i) forecasts support/resistance levels based on low/high/user defined prices. (ii) forecasts CIT Dates from date of price low/high/user defined date.
8) Square of 9: see Trading Strategies section below.
9) CIT Dates: W.D. Gann believed that stock market averages and individual stocks and commodities follow a seasonal change in trend rhythm (CIT). He suggested keeping track of the dates listed in this section for signs of a possible CIT.
C. My Portfolio: link to Yahoo Finance Portfolio tool, one of the best and most complete on the net (free registration required). You can sync your brokerage accounts, input your own trades and monitor their performance in real time, and track changes in your portfolio value and risk profile, intraday and on the go.
D. Trading Strategies Gann 9 gives users the ability to implement several different trading strategies.
But first, a brief introduction to the Square of 9 is in order (those familiar with the subject can skip this part; those not familiar with it are encouraged to consult the read Gann's own writings.
This is what a Square of 9 (Sq9) looks like:
In Gann speak, the numbers in grey form a Cardinal Cross, while the numbers in yellow form a Diagonal Cross. Gann believed that those were the more important numbers of the Sq9, where price often finds support/resistance.
The Sq9 is also a square root calculator. If you look at the numbers going down, towards the left corner you’ll see that they represent the squares of odd numbers: 3*3=9, 5*5=25, 7*7=49, etc. If you look at the diagonal going upwards from 4, towards the right upper corner, you’ll see the squares of even numbers: 4,6,8, etc. The number 61 is above 34. In technical terms it is “squared”, or it has completed a cycle of 360 degrees. The formula for finding a number that is squared/360 degrees up or down from any other number is very straightforward. You simply find the root of the original number and add/subtract 2, then re-square, and the end result is the number you’re looking for.
E.g. √34= 5.83; 5.83 +2 = 7.83; 7.83 x 7.83 = 61. For a 180 degree move add/subtract 1 and re-square, etc.
Support resistance levels can be taken directly from the Sq9; e.g. if the current price of a stock is 61, one would expect it to find major support/resistance at 34 or 96.
Another technique is to place a significant high or low in the center of the square, and then watch numbers on the Cardinal and Diagonal Cross for potential support/resistance levels or CIT Dates.
This could be done by directly typing the numbers into the User box or by using +/- next to the field. A negative step can be used for calculating support levels from a major high:
Here are a few recent SPX examples:
1) Finding support/resistance levels with the built-in Sq9 in Data Panel (just below the Low/High prices and dates). From the 10/04/11 SPX low at 1074.77 moving up in increments of 180* we get the following support/resistance levels: 1210 (December 2011 lows), 1296 (October 2011 highs), and 1427 (5 points above the April 2012 high).
2) Using the built-in Sq9 calculator in Data Panel to find CIT dates for the SPX: the most recent major low occurred on October 4th 2011. The following minor CIT dates fell on the cardinal cross: 10/27/11, 11/1/11, 11/26/11, 12/20/11, 3/3/12 and 3/28/12. 12/7/11 came 64 days after the 10/4/11 low or 8*8. (See the table below Range Retracement.)
3) Finding support/resistance levels directly from the Sq9: 1073, 1140, 1208, 1279, 1351, and 1426.
4) Calculating time in solar days using the circle around the Sq9.
Please note that the actual speed with which the Earth orbits the Sun varies slightly during the year, so the speed with which the Sun seems to move along the ecliptic also varies. For example, the Sun is north of the celestial equator for about 185 days of each year, and south of it for about 180 days. The variation of orbital speed accounts for part of the equation of time.
5) Dual time-frame (daily and weekly) scans make it easier to initiate trades when both the daily and weekly indicators point in the same direction.
6) You can also create price alerts, using My Portfolio's alert tool, which will notify you by e-mail when a security reaches a predetermined price level.
Users who need to work with larger numbers have the ability to do so in the second Sq of 9 section of the app. This is a stand-alone Sq9 calculator, linked to the Square of 9 tab, which extends the Square of 9 several more levels, and displays the Cardinal and Diagonal numbers.
Users who need to work with small numbers are encouraged to convert them into three digits e.g. 1.25 will become 125, 13.7 becomes 137, etc.
Users also have the ability to project support levels on the Square of 9 by typing in the User field the high price of a previous swing top, and selecting a negative step; e.g., 735 and -1 for the OEX100.
DJIA History Data
1) Follow the trend: the most basic trading strategy made easy by the inclusion of the Tunnel indicator. Watch in particular for trend changes after price hits one of the Gann support/resistance levels. Pay particular attention to overlapping daily and weekly levels.
2) Swing trading: another popular trading technique, made easy by the inclusion of the Swing indicator. Follow closely the interaction between the Tunnel indicator and the Swing indicator.
According to W.D. Gann, one should buy when the market is making higher tops and higher bottoms, which shows that the trend is up.
3) Use both Tunnel and Swing indicator, along with the Gann retracement levels and Sq9 calculator as a confirmation tool/filter for all your other trading strategies.
The Signal line (bottom of top chart) turns green when both the Tunnel and Swing indicator point up, and red, when they both point down.
Disclaimer: This is app should not be considered as a black box system that spits out buy/sell recommendations. The information provided is for educational purposes only, and does not constitute trading advice, or an invitation to buy or sell securities. Users bear sole responsibility for their trading actions.
Users who wish to experiment with advanced technical analysis tools such as Hurst Channels, and are interested in proper position sizing and risk management, are encouraged to try the Oddstrader app.
OT Trend will give you the confidence and ability to discover the hidden rhythm of the markets, and to quantify the seemingly random ebb and flow of price movement.
OT Fibonacci automates the process of applying Fibonacci numbers, ratios and time series to any security.
OT Seasonal lets you perform seasonal analysis on practically any security from around the world.
OT Pairs is the first mobile app that gives users access pairs trading, one of the most profitable and time tested hedge fund trading strategies.
You can compare the different apps here.
For a reference list, current technical analysis and commentary, and information about future app releases, please visit: http://citdates.blogspot.com/
If you like this app, we encourage you to drop a positive review to help stimulate further development.
If you experience technical issues, or have further questions about using this app, please use this
contact form.
Gann 9 makes applying W.D. Gann’s most popular and profitable techniques a breeze. It also introduces a new set of original TA indicators and trading signals designed to help you make quick and informed investment decisions.
You can watch our educational videos here
If you experience technical issues, or have further questions about using this app, please use this contact form. For every problem there is a solution, but we cannot help anonymous reviewers.
New in version 3.0 and 3.0.1: added
* Trend Bars™: designed to eliminate noise from random price moves and provide a novel visual approach to defining trend. They tend to get longer when the trend strengthens, and shorter when the trend weakens or is about to end.
* Power ranking (a gauge of daily buying/selling pressure for any symbol) and scan. Max Selling pressure = 0, max Buying pressure = 100. Values between 40 and 60 are displayed in yellow.
* Automatic Swing angles (version 3.0.1) and a SAR (stop-and-reverse) indicator based on Swing angles.
The new angles are discussed in more detail below (section A(2)).
NB: Trend Bars™ and Automatic Swing angles are included in our CIT Toolbox for TradingView
and in CIT Collection for NinjaTrader.
* Sq 9 CIT Dates calculated in trading days from lowest swing low (red bars) and highest swing high (green bars) marked at the bottom of the swing indicator.
By selecting the letters A, B, C or D, users have the ability to choose from Settings whether, when calculating future CIT dates, they prefer to use numbers from the Cardinal or Diagonal cross:
In Data panel the same numbers are calculated in calendar days (see Data panel below).
New in version 2.8: Watch List iCloud integration. Now you can share your WatchLists between all your OddsTrader app family applications.
New in version 2.6: added 6 new scans based on our BSH (Buy, Sell, Hold) and Swing indicators. You can read more about them here. Each scan is named after an indicator described on the above link.
These include dual time-frame, or LTF scans, for combined daily and weekly setups.
Added a LTF (Longer Time Frame) Swing indicator (dotted line).
New in version 2.4.3: added scanning tool:
The scans are an excellent source for generating new trading ideas every day. They allow users to scan their Watchlists for:
A. Buy/Sell signals (correspond to the thick green/red line in chart). A Buy/Sell signals will appear only on the first day when the color changes; and
B. Swing Time (how long the Swing indicator has been moving in its current direction; see below A.3 Swing Indicator).
New in version 2.4.1: for iPad users, includes a link to a new web app, with additional proprietary indicators, accessible from any browser, on any computer or tablet. New in version 2: added Vix market timing module.
The app has three key elements: Chart Panel, Data Panel, and Trading Strategies.
A. The Chart Panel includes:
1) Price chart displayed in line-dot, bar or Trend Bars™ format.
2) Trend Lines/Angles
a/ Trend Angles: drawn from the close of the day with the highest high and the lowest low (dotted lines): they are programmed to square the range at the default 1 x 1 angle. From Settings (top of the chart), users have the ability to adjust the angle. When you move the slider to 2, the app will draw a 2 x 1 angle; 0.5 = 1 x 2 angle, etc. Their significance and application are explained in the Trading Strategies section below.
b) Swing Angles: automatically calculate and display the correct step for the 1 x 1 angles from swing highs and lows adapted to price scale. Users have the ability to adjust the slope/step of the angle from the Settings tab (top of the chart) thus creating harmonic angles.
c) SAR Angles: SAR (stop-and-reverse) indicator build using the Swing angles algorithm i.e. the indicator will change direction once price crosses above/below the current swing angle in place. Users have the ability to adjust the slope of the angle from the Settings tab (top of the chart). Lower slope readings (below .8) will produce a combination of support/resistance levels and angles.
Please take a few minutes to experiment with different slope settings and get familiar with the functioning of these unique and innovative tools. And don't forget to keep an eye on the Swing indicator as well (see #4 below).
3) Tunnel Indicator (grey tunnel): named after and inspired by Gann’s TTTA novel, the tunnel is a powerful visual aid for highlighting the trend. Based on a proprietary algorithm, it is designed to capture 80% of price fluctuations and to project the trend for the following week (in daily mode) or month (in weekly mode).
4) Swing Indicator (bottom window): a custom, coincidental indicator, designed to be used as a swing detection tool. The T1, 2, 3, ... number on top of the chart, under Trend settings, reflects how long the Swing Indicator has been moving in its current direction. The number will turn yellow after 6 and red after 9. The average swing length for stocks in the SP500 is 4 -- 5 days.
The HTF (Higher Time Frame) Swing indicator is displayed as a dotted line. This means that in daily (6 m) chart, for example, you'll see the weekly signals as well.
Please keep in mind that the Swing indicator is meant to show where swings, as identified by the algorithm, start and end. The absolute level of the indicator has no real meaning, and has nothing to do with the price levels displayed on the chart.
5) Symbols and exchanges: the app will chart any symbol with more than 150 days of historical data available through Yahoo Finance. For a list of supported exchanges please visit: http://finance.yahoo.com/exchanges. Mutual funds should be viewed in weekly timeframes only, because they don’t report open, high and low prices.
All symbols follow the Yahoo Finance nomenclature. For Forex pairs symbols follow this format: EURUSD=X; for international exchanges add the appropriate suffix e.g. .AX for Australian Stock Exchange, .HK for Hong Kong Stock Exchange, etc.
B. Data Panel
Data Panel highlights key information from Chart Panel, and introduces a few additional metrics.
1) Trend: it shows whether the Tunnel is pointing Up = Green, Down = Red, or Sideways = Yellow.
2) Swing: it shows whether the Swing indicator is pointing Up = Green or Down = Red
3) Price and date section: this section automatically picks the numerical values of the highest high and lowest low, and the dates on which they occurred. These are used by the built in Sq9 calculator below for identifying support/resistance levels and Change in Trend (CIT) dates.
4) User inputs: here you can input your own numbers and dates for use by the Sq9 calculator. The default input for price is half the range between highest and lowest price (50% retracement). The default input for date is between the date of the highest and the date of the lowest price.
5) Range retracement: shows the precise numerical values of the gridlines in Chart Panel. They divide the range (difference between the highest high and the lowest low) by 8. These levels very often act as support/resistance levels. Gann advised paying particular attention to the 50% retracement, and also mentioned the 33.3% and 66.6% retracements (these two, and the 12.5% and 87.5% levels are not marked on the chart, to avoid unnecessary cluttering).
Those familiar with Elliott Wave theory will note that these levels are pretty close to key Fibonacci retracement levels.
6) % Extension/Retracement (+/- %): the same percentages used to divide the range are added to the lowest low (L up), or subtracted from the highest high (H dn), or added to/subtracted from a user selected number (User Up/Dn); e.g. 100 + 12.5% = 112.5
7) Sq9 calculator: (i) forecasts support/resistance levels based on low/high/user defined prices. (ii) forecasts CIT Dates from date of price low/high/user defined date.
8) Square of 9: see Trading Strategies section below.
9) CIT Dates: W.D. Gann believed that stock market averages and individual stocks and commodities follow a seasonal change in trend rhythm (CIT). He suggested keeping track of the dates listed in this section for signs of a possible CIT.
C. My Portfolio: link to Yahoo Finance Portfolio tool, one of the best and most complete on the net (free registration required). You can sync your brokerage accounts, input your own trades and monitor their performance in real time, and track changes in your portfolio value and risk profile, intraday and on the go.
D. Trading Strategies Gann 9 gives users the ability to implement several different trading strategies.
But first, a brief introduction to the Square of 9 is in order (those familiar with the subject can skip this part; those not familiar with it are encouraged to consult the read Gann's own writings.
This is what a Square of 9 (Sq9) looks like:
In Gann speak, the numbers in grey form a Cardinal Cross, while the numbers in yellow form a Diagonal Cross. Gann believed that those were the more important numbers of the Sq9, where price often finds support/resistance.
The Sq9 is also a square root calculator. If you look at the numbers going down, towards the left corner you’ll see that they represent the squares of odd numbers: 3*3=9, 5*5=25, 7*7=49, etc. If you look at the diagonal going upwards from 4, towards the right upper corner, you’ll see the squares of even numbers: 4,6,8, etc. The number 61 is above 34. In technical terms it is “squared”, or it has completed a cycle of 360 degrees. The formula for finding a number that is squared/360 degrees up or down from any other number is very straightforward. You simply find the root of the original number and add/subtract 2, then re-square, and the end result is the number you’re looking for.
E.g. √34= 5.83; 5.83 +2 = 7.83; 7.83 x 7.83 = 61. For a 180 degree move add/subtract 1 and re-square, etc.
Support resistance levels can be taken directly from the Sq9; e.g. if the current price of a stock is 61, one would expect it to find major support/resistance at 34 or 96.
Another technique is to place a significant high or low in the center of the square, and then watch numbers on the Cardinal and Diagonal Cross for potential support/resistance levels or CIT Dates.
This could be done by directly typing the numbers into the User box or by using +/- next to the field. A negative step can be used for calculating support levels from a major high:
Here are a few recent SPX examples:
1) Finding support/resistance levels with the built-in Sq9 in Data Panel (just below the Low/High prices and dates). From the 10/04/11 SPX low at 1074.77 moving up in increments of 180* we get the following support/resistance levels: 1210 (December 2011 lows), 1296 (October 2011 highs), and 1427 (5 points above the April 2012 high).
2) Using the built-in Sq9 calculator in Data Panel to find CIT dates for the SPX: the most recent major low occurred on October 4th 2011. The following minor CIT dates fell on the cardinal cross: 10/27/11, 11/1/11, 11/26/11, 12/20/11, 3/3/12 and 3/28/12. 12/7/11 came 64 days after the 10/4/11 low or 8*8. (See the table below Range Retracement.)
3) Finding support/resistance levels directly from the Sq9: 1073, 1140, 1208, 1279, 1351, and 1426.
4) Calculating time in solar days using the circle around the Sq9.
Please note that the actual speed with which the Earth orbits the Sun varies slightly during the year, so the speed with which the Sun seems to move along the ecliptic also varies. For example, the Sun is north of the celestial equator for about 185 days of each year, and south of it for about 180 days. The variation of orbital speed accounts for part of the equation of time.
5) Dual time-frame (daily and weekly) scans make it easier to initiate trades when both the daily and weekly indicators point in the same direction.
6) You can also create price alerts, using My Portfolio's alert tool, which will notify you by e-mail when a security reaches a predetermined price level.
Users who need to work with larger numbers have the ability to do so in the second Sq of 9 section of the app. This is a stand-alone Sq9 calculator, linked to the Square of 9 tab, which extends the Square of 9 several more levels, and displays the Cardinal and Diagonal numbers.
Users who need to work with small numbers are encouraged to convert them into three digits e.g. 1.25 will become 125, 13.7 becomes 137, etc.
Users also have the ability to project support levels on the Square of 9 by typing in the User field the high price of a previous swing top, and selecting a negative step; e.g., 735 and -1 for the OEX100.
DJIA History Data
Users
have the ability to add DJIA daily data reaching back to June 1886. The
main purpose of this addition to the app is to allow users to build
forecasts and perform seasonal analysis based on historical data.
The
DJIA tab gives you the ability to chart any year starting from 1886 (in
trading day format), to compare it to any other year in Dow’s history,
and to build an average of preselected years.
The
left upper corner is reserved for the Target year = the year whose
performance you want to compare with regard to other years. On the right
side there are 20 fields in two rows marked Year where
you can enter additional years.
The app automatically calculates the correlation between the target year and the additional years (the yellow field above Year), as well as an average of these additional years. The correlation between the target and the average year is displayed below the Target year and above the -Avg+ button.
The app automatically calculates the correlation between the target year and the additional years (the yellow field above Year), as well as an average of these additional years. The correlation between the target and the average year is displayed below the Target year and above the -Avg+ button.
By
calculating and displaying an average of preselected years, you can
easily compute an election year forecast, a 10, 20, etc. year forecast,
and any other type of forecast you find useful to perform.
For example, if you wish to build an Election year forecast, you simply type in 2008, 2004, 2000, 1996, etc. in the fields marked Year. The chart along with the average of the selected years will be displayed below. There are check marks which allow you to decide which data you want to see displayed in the chart:
For example, if you wish to build an Election year forecast, you simply type in 2008, 2004, 2000, 1996, etc. in the fields marked Year. The chart along with the average of the selected years will be displayed below. There are check marks which allow you to decide which data you want to see displayed in the chart:
The scale of the Average year can be adjusted with the help of the + / - buttons in order to make it more easily comparable to the Target year.
It should be noted that for purposes of this type of analysis the absolute values of the % gain/loss of the Average are not as important as the overall trend of the forecast.
It should be noted that for purposes of this type of analysis the absolute values of the % gain/loss of the Average are not as important as the overall trend of the forecast.
By tapping the DJIA Histori tab
on the right above the chart, you will gain access to the following
table, showing decades on the vertical axis, and years within decades
along the horizontal axis:
This
gives you at a glance the correlation between a target year and any
other year since 1886, and should prove an invaluable timesaver for
selecting years for forecasting purposes.
Year 1891 is the first one on the second row from the top (54.95% correlation with 2012), while 1900 is the last one on row 2 from the top (-16.97% correlation with 2012). Correlation data is displayed in % format. Better than 50% correlations are displayed with a green background.
Additional Trading Strategies made possible by Gann Sq9:Year 1891 is the first one on the second row from the top (54.95% correlation with 2012), while 1900 is the last one on row 2 from the top (-16.97% correlation with 2012). Correlation data is displayed in % format. Better than 50% correlations are displayed with a green background.
1) Follow the trend: the most basic trading strategy made easy by the inclusion of the Tunnel indicator. Watch in particular for trend changes after price hits one of the Gann support/resistance levels. Pay particular attention to overlapping daily and weekly levels.
2) Swing trading: another popular trading technique, made easy by the inclusion of the Swing indicator. Follow closely the interaction between the Tunnel indicator and the Swing indicator.
According to W.D. Gann, one should buy when the market is making higher tops and higher bottoms, which shows that the trend is up.
3) Use both Tunnel and Swing indicator, along with the Gann retracement levels and Sq9 calculator as a confirmation tool/filter for all your other trading strategies.
The Signal line (bottom of top chart) turns green when both the Tunnel and Swing indicator point up, and red, when they both point down.
Disclaimer: This is app should not be considered as a black box system that spits out buy/sell recommendations. The information provided is for educational purposes only, and does not constitute trading advice, or an invitation to buy or sell securities. Users bear sole responsibility for their trading actions.
Users who wish to experiment with advanced technical analysis tools such as Hurst Channels, and are interested in proper position sizing and risk management, are encouraged to try the Oddstrader app.
OT Trend will give you the confidence and ability to discover the hidden rhythm of the markets, and to quantify the seemingly random ebb and flow of price movement.
OT Fibonacci automates the process of applying Fibonacci numbers, ratios and time series to any security.
OT Seasonal lets you perform seasonal analysis on practically any security from around the world.
OT Pairs is the first mobile app that gives users access pairs trading, one of the most profitable and time tested hedge fund trading strategies.
You can compare the different apps here.
For a reference list, current technical analysis and commentary, and information about future app releases, please visit: http://citdates.blogspot.com/
If you like this app, we encourage you to drop a positive review to help stimulate further development.
If you experience technical issues, or have further questions about using this app, please use this
contact form.
