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The Square of 9 could be considered an exotic section in relation to Gann analysis. At first glance it appears to be a jumble of numbers , but closer inspection reveals that it is a simple clockwise spiral in the shape of a square.
Contrary to what a number of proponents ( especially those that are selling various versions of this tool ) would like to you to believe, there is nothing mystical or about the Square of 9. It's a simple mathematical structure.
Perhaps its the origins of the Square of 9, believed to be ancient Babylonian, that adds to this mystery. As with all these tools... keeping it simple generally yields the best results. |
Square of 9 Structure
Starting from the center ( 1 ) and following the numbers as they unwind, an infinite spiral becomes apparent. Looking at the lower left corner of the grid, marked in blue, you see the squares of the odd numbers... 3,5,7,9,11.. giving.. 9,25,49,81,121, with each Square being a distinct Square within the structure. Unlike the Fibonacci spiral which expands at a constant rate (161.8%), the Square of 9 expands at a constant numeric rate, but a decaying expansion rate. For example:
- 9 to 25 ... Growth rate : 2.777
- 49 to 81 ... Growth rate : 1.65306
- 81 to 121... Growth rate : 1.49382
It is this decaying rate, that has an impact in using this Tool as an effective marker of price support and resistance.
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- Select the button for the Square of 9 Standard 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, and , keeping it pressed down, drag the mouse pointer to 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 drawing 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
- Toggle display of the Diagonal values
- Toggle display of the Cross values
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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