Tradingstrategyguides

XRPUSD 1H GANN FAN TRADING STRATEGY

BITFINEX:XRPUSD   瑞波币/美元
This trading strategy is a complex support and resistance trading strategy that uses diagonal support and resistance levels. Unlike the traditional horizontal support and resistance levels, the Gann fan angles are mathematically calculated based on the price, time and the price range of the market.
The Gann fan trading strategy can be applied to all markets and 1H+ time frames because the financial markets move as a result of human behavior which makes them cyclical in nature. In other words, history is a good predictor of future price action.
One of the main reasons why Gann fan angles are superior             to the horizontal support and resistance levels is that financial markets are geometric             in their movements. This means that if you can spot a pattern or or any other geometric             shape in a chart, then there is a high probability you can spot them at the Gann fan angles.
Gann Fan Indicator is notable unique because it draws diagonal support and resistance levels at different angles.
The most important angle is the 45-degree angle or the 1/1 line. For every Gann angle, there is a line that is derived from that angle. We can distinguish 4 different Gann angles above the 45-degree angle and 4 other Gann angles below.
Gann believed that when price and time move in sync, then that’s the ideal balance of the market. The biggest part of the Gann theory revolves around the fact that prices above the 1/1 line, the 45-degree line will determine a bull market and prices below the 1/1 line determine a bear market.
How to Draw Gann Fan Angle - You first need to draw a perfect 45-degree angle and most sophisticated trading platforms should have incorporated such tools. On the Tradingview platform, you can locate the Trend Angle tool on the left-hand side panel.
Next step is to select any major swing high/swing low on the chart from where you want to draw the Gann fan angles. Once you’ve chosen your swing low point simply utilize the trend Angle tool and draw a perfect 45 degree angle.
Once you’re done, you need now to learn how to draw the Gann fan angles. On this step you need to use the Gann Fan indicator which again is located on the left hand side panel.
Now, all you have to do is to simply place the Gann fan indicator on the chart and make sure it overlays on top of the 45-degree line you previously have drawn. This is the correct way to draw the Gann fan angles and if you have been following all these steps all the other Gann fan angles should comply with the Gann rules.
Step #1: Pick a significant High, Draw Gann Fan Angles (White lines) and Wait For the 1/1 Line to Break to the Upside.
Step #2: Wait for a Break Above 2/1 Gann angle (Green line) before buying at the market. This step is significantly important because a reversal of the previous trend is only confirmed once the 2/1 Gann angle is broken to the upside.
Step #3: Apply again the Gann Fan Indicator (Yellow lines) on the Swing low prior to the breakout above 2/1 Gann Fan Angle (Green line).
One of the reasons why this is the best Gann fan strategy is because we use the Gann fan indicator to track every swing in the market.
Step #4: Place Your Protective Stop Loss below the Most Recent Swing Low Which Should Align With the Point from Where You Draw the Second Set of Gann Fan Angles.
Step #5: Take Profit once we Break and Close Below the 1/1 line (I close at 8/1 line).
New bearish move setup - We Need a Close Below 1/1 line to be by at least 20 pips to consider it a Valid Bearish Breakout. We want to ride the new trend for as long as possible and with the help of the 2nd Gann fan indicator, we can pinpoint the ideal time to enter and to take profits.
We also want to add a buffer of 20 pips to the 1/1 Gann angle breakout just to annihilate possible false breakouts.

Can you brief describe how you locate major swing high/swing low ?
回复
@cb247, In my example above there was a double top so I used the second top at Mar 9th 23:00 @ .8422 as my first swing high and my base point for the gann fan.. There was a previous swing low before at Mar 8 23:00 @ .7315. A new higher swing low was created at Mar 10 17:00 @ .7474 which I used to decide to look for a bullish move and as my base point for my second gann fan. To answer your question I start at the right of the chart and look left. I will find fractal highs and lows and then I will find highs and lows that are the major swing hi/los.
回复
cb247 Tradingstrategyguides
@Tradingstrategyguides, Thanks so much, learned a lot
回复
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出