You are on page 1of 4

GANN

Basics of GANN SQUARE:

• The square of nine or Gann Square is a method which squares price and
time.
• The Gann square of nine gets its name because if you look at the below
chart again, the number 9 represents the completion of the first square.
• The square of 9 is a “SPIRAL” of numbers with an initial value “1”
starting at the center.

• We can say price is also moving in one “CIRCLE”. One complete rotation
of a circle is 360˚(degree).
• What GANN did was, he divided the entire circle into 45˚ each, such as
45˚, 90˚, 135˚, 180˚, 225˚, 270˚, 315˚, 360˚.
• Here in the chart “+” cross (Red Colour) are the “CARDINAL CROSS”
(level of 90˚, 180˚, 270˚, 360˚) and “×” cross (Blue Colour) are the
“ORDINAL CROSS” (level of 45˚, 135˚, 225˚, 315˚) which are most
important levels in GANN.

1|P ag e
GANN

GANN LEVEL

DYNAMIC LEVEL STATIC LEVEL

Levels Keep on Changing Levels are Constant

➢ Calculation of “DYNAMIC GANN LEVELS”:


• STAGE 1

For Calculating Dynamic GANN level, for each degree we need to calculate
“DEGREE FACTOR” as follows,

𝐷𝑒𝑔𝑟𝑒𝑒
▪ 𝐷𝑒𝑔𝑟𝑒𝑒 𝐹𝑎𝑐𝑡𝑜𝑟 =
180
Degree Calculation FACTOR
45
45 0.25
180
90
90 0.50
180
135
135 0.75
180
180
180 1
180
225
225 1.25
180
270
270 1.50
180
315
315 1.75
180
360
360 2
180

2|P ag e
GANN

➢ STAGE – 2 DYNAMIC GANN SUPPORT & RESISTANCE CALCULATION :

• Step 1 – √𝑾𝒆𝒆𝒌𝒍𝒚 𝒄𝒍𝒐𝒔𝒆 𝒑𝒓𝒊𝒄𝒆


• Step 2 – Add or Subtract “Degree Factor” on Step 1 Result for each
Degree (Add for Resistance, Subtract for Support)
• Step 3 – Square the Step 2 result.

Formulating above steps in Tabular form for each degree :

Degree √𝑾𝒆𝒆𝒌𝒍𝒚 𝒄𝒍𝒐𝒔𝒆 𝒑𝒓𝒊𝒄𝒆 Factor + Resistance - Support


(a) (b) (c)=(a)+(b) (Square (e)=(a)-(b) (Square
result) result)
(d)=(c)2 (f)=(e)2
45
90
135
180
225
270
315
360

Interpretation :
Mark these calculated GANN Levels on the chart along with already
marked SD levels.
Check for Zone Formation in the chart i.e where GANN & S.D level are
close to each other which will act as strong Support & Resistance.

WE CAN USE BB & RSI STRATERGY ALONG WITH GANN & SD LEVELS.

NOTE : WE CAN CALCULATE THE GANN LEVELS ON WEEKLY/DAILY


BASIS (GET THE DATA’s FOR CALCULATION ACCORDINGLY).

3|P ag e
GANN

➢ PRACTICAL CALCULATION OF DYNAMIC LEVELS FOR NIFTY 50:


Required Data’s
1. Weekly close price = 11647.60 (24th Aug 2020 weekly close price)
2. Degree Factor = Get from the table above

√𝑾𝒆𝒆𝒌𝒍𝒚 𝒄𝒍𝒐𝒔𝒆 𝒑𝒓𝒊𝒄𝒆 = √𝟏𝟏𝟔𝟒𝟕. 𝟔𝟎 = 𝟏𝟎𝟕. 𝟗𝟐

Degree √𝑾𝒆𝒆𝒌𝒍𝒚 𝒄𝒍𝒐𝒔𝒆 𝒑𝒓𝒊𝒄𝒆 Factor + Resistance - Support


(a) (b) (c)=(a)+(b) (Square (e)=(a)-(b) (Square
result) result)
(d)=(c)2 (f)=(e)2
45 107.92 0.25 108.17 11700.75 107.67 11592.83
90 107.92 0.50 108.42 11754.90 107.42 11539.06
135 107.92 0.75 108.67 11809.17 107.17 11485.41
180 107.92 1 108.92 11863.57 106.92 11431.89
225 107.92 1.25 109.17 11918.09 106.67 11378.49
270 107.92 1.50 109.42 11972.74 106.42 11325.22
315 107.92 1.75 109.67 12027.51 106.17 11272.07
360 107.92 2 109.92 12082.41 105.92 11219.05

Note: Calculated figures might have a slight variation due to Decimal


Rounding Off.

4|P ag e

You might also like