FOR ALL TYPES OF TRADING, INTRADAY, SWING, AND INVESTOR, GAN CALCULATOR IS ONE OF THE MOST POWERFUL CALCULATION. IT HAS HUGE POTENTIAL TO GENERATE GOOD PROFIT. GAN SQARE OF 9 CALCULATES THE CURRENT PRICE AND PREVIOUS DAYS CLOSE. IT RECOMMENDS THE BUY AND SELL ENTRY. AND STOPLOSS. THERE VARIOUS SITES WHERE YOU CAN GET THE GAN CALCULATOR. IT’S CALCULATION IS SIMPLE.
Intraday Trading using Gann square of 9 Calculator
Gann Square of 9 calculator is used to generate support and resistance levels for intraday trading. Breakouts of thee levels would be used to enter trade. The support/resistance levels are generated using the values in Gann square. In order to generate these levels, we need to input the latest trade price or weighed average price in Gann calculator (attached with the post) . LTP should be taken after at least half an hour of trade for better results , as there is lot of volatility in market during the first 30 minutes. Once you input this price the Gann levels would be automatically generated. See below:
Also, the buy/sell price and respective targets would be generated in the Excel sheet. In this particular example, we need to enter buy if the price crosses above 8418.06 and enter short if price crosses below 8395.14.
Lastly there are support resistance levels based on which targets are calculated above:
How Gann values are calculated?
Every value in the Gann square is related to the center value. Below are the steps used to calculate these values:
- Calculate the square root of LTP. Let’s suppose LTP=8400, then SQRT(8400)=91.65
- Take two integers below and above the square root calculated. In this case they would be 90,91,92 and 93.
- Square the lowest values out of the 4 calculated above. SQR(90)=8100. Put this value at the center of Gann square.
- Now, increase 90 by 45 degrees. In numeric terms 45 degrees is equal to 0.125 (360 degree=1). So our required value is 90.125.
- Calculate square of 90.125, and place it in adjacent block left of center block. SQR(90.125)=8122.52.
- Increase the value further by 45 degrees. 90.125+0.125=90.25. Find out square of this value and place it at the top of where you placed 8122.52. SQR(90.25)=8145.06
- Continue this process by increasing the value by 0.125 for each iteration.
- Once you complete one level of square, start with the next level with values 91.125,91.25….
Resistance values are the next higher values in the Gann square above the Buy Price. While support values are the next lower values in the Gann square below Sell price. Targets are calculated based on support and resistance.
In case of swing trading or investor, find out the high and low of the chosen period for which you want to trade of a particular stock/share you like. Also find the the Last traded price. Then calculate GAN SQUARE OF 9 . You will get buy and sell recommendation with !00% accuracy.