Charles, File with Gann fan example uploaded to the root of group files:
gann fan.doc Not entirely correct but a starting point. Without second guessing Tomasz, I believe he provides a full range of features to suit various traders whether he personally endorses all of them or not. Since no one else offers you much, and as I am always stretching for new trading knowledge, I did some quick flick research on the subject. You should know that if you go down that path it would require a lot of study. The point I am making about the difficulty is that it is a very abstract subject; maybe too abstract to objectify in the end (backtest?). Also Gannists almost certainly end up forking out, rightly or wrongly, for specialist charting software. Also Gann is an enigma, and it is difficult to tell if he was a charlatan, a genius or a bit of both. Gann clearly used Astrology, as his training courses and hand written notes on charts contain references to planetary influences. He appears to have been something of a carpet bagger, or at least some of those around him were, and sold trading courses for the median house price of the day. He was also a Freemason, hence his interest in geometric numerology (for want of a better term) and his penchant for veiled references to his underlying methodology (also arguable). It is interesting that few in the forum specialise in the subject, while the internet has a lot of Gann stuff. As The Wave Mechanic suggested, there is no way around Gann except reading and referencing others who have studied his *work* in detail. I have 3 Gann and 4-5 books by interpreters here, so later today I will give you a quick few lines review from one or two of them to get you started. We can dispel one view immediately i.e that we have nothing to learn from 1930's commentators. Gann used money management, support and resistance, market geometrics (arguably), stop losses, trade with the trend and tops and bottoms to name a few. Maybe he was the first ever to discuss some or all of those concepts. Not bad for his day. I do agree, however, that we should not idolise the legendary traders of the past. Unheard of modern day traders may well be just as good or superior e.g I find Ganns views on MM enlightening for his day but primitive by todays standards. BrianB2 --- In [email protected], "Chuck Dudek" <[EMAIL PROTECTED]> wrote: > > AmiBroker User's ListI tend to agree, but I guess I'm just curious since I assumed Tomasz put the Gann stuff into AmiBroker for a reason. I'm not opposed to using any method that would generate an 80-90%% success rate, no matter how wacky it seemed. Seems pretty far-fetched, but so does quantum mechanics. > > Chuck Dudek > > BrianB2 said: > > If Astrology, Numerology etc can be applied to trading, it seems to me > that would be an incredibly difficult thing to do; objective methods > seem a lot easier. >
