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click for a larger image |
The Gann Angles tool is designed to mark up a chart with common rise and run ratios. Similar in action to Trend lines and the Gann Fan, except that only a single line is placed on the chart. Lines draw from Highs and Lows, act as an indicator for future Support and Resistance zones.
Each line drawn is on the basis of a ratio. Referring to the graphic, a 1:1 line is also a 45 degree angle. The ratios are unlimited allowing for considerable accuracy when looking to define exact angle/ratios.
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- Select the button for the Angle from the Toolbar.
- Move the mouse pointer over the starting position for the Line. This may be either a high or a low price.
- Press the left mouse button at the desired end point and release the left mouse button.
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 The property editor as well as other functions may be accessed by holding the mouse pointer over the indicator line and Clicking the Right Mouse button and a popup menu will appear (see picture ).
The user may then open the Indicator Property Editor, move the Line above or below other indicators, hide the tool or delete the Line from the Chart. |
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 The property editor as well as other functions may be accessed by holding the mouse pointer over the indicator line and Clicking the Right Mouse button. You can also access the Property Editor directly by 'Double Clicking' on the line. All the Angle/Zero line tools share the same property editor allowing the user to alter the following properties:
- Line Color
- Line Width
- The Price Step to be used
- Label Font
After alteration, the user has the ability to set these settings as default for all future lines drawn on the page. |
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