Stop Loss Tools
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  PSAR - Long/Short
  Percentage - Long/Short
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  User Trade - Long/Short
General
Basic Tools
Price Tools
Indicators
Stop Loss - ABC/123 Swing - Long/Short

click for a larger image

The ABC swing pattern (also known as 123 pattern) tool allows the user to define a possible trade on the Chart based upon the simple Gann ABC swing pattern.

The Highlighted areas are user defined and can be toggled on and off. The initial stop region is always Point C.

Once a trade is in play, this tool also works well when used in conjunction with one of the Trailing stop loss tools provided.



Usage

  1. Select the button for ABC Swing from the Toolbar.
  2. Move the mouse pointer over the starting position for the Line. This may be either a high or a low price.
  3. 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. This is Point B
  4. Point A is now attached to the end of the mouse. Click once more to place it on the Chart.

Properties
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. A popup menu will appear ( see picture ).

The user may then open the Indicator Property Editor, move the Line above or below other indicators or delete the Line from the Chart.

Property Editor
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
  • Label Font.
  • Set % level of Entry
  • Set % level of Partial Exit
  • Set % level of additional trade
  • Set % level of final target.
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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Gannalyst Pty Ltd PO Box 387 Toowong 4066 Brisbane Queensland Australia.