3/29/2024 0 Comments Gann intraday calculatorThe trade is placed according to other parameters using these numbers as references. The typical range for Asian Paints today was calculated at: Likewise for downside, you subtract 0.02 etc. If you square these you will get a price range on the upside. Now Asian Paint's previous close was 822.2. I take a range with steps of 0.125 for my intraday. For example:Īsian Paints previous close was 822.2. In Gann 45 degrees represents 0.25 increment or decrement (see Gann Square of 9 in Likewise, we use 0.16 on half scale (6.25/2 or 3.125) for arriving at the future prices + or. The ratio of 57.6 to 360 is 0.16 - which we use in Gann calculation. Hence 360 degrees is completed in 6.25 hrs. In our Market ONE CYCLE OF TRADING is 6 hrs and 15 min or 6.25 hrs. Assume that one complete cycle represents 1 or 360 degrees.
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