In Section 3, we will discuss the evaluation process of traditional Gann Swing trading and analyze the experiment results. In Section 4, we will introduce the extension of the Gann Swing trading rules. Using the same evaluation process, we will check the experiment of the extension rules and analyze the experiment results.
Section 5 and 6 is the discussion and conclusions. And in the last part, Section 7 discusses possible future research. Literature Survey 2. Technical analysis, which involves making investment decisions using past prices or other past statistics. Much of technical analysis involves pattern recognition using specific frequency intraday, daily, weekly charts that display opening, high, low, and closing prices, as well as trading volume in some form.
Kavajecz, Technical analysis is very popular with the investment and financial markets, all major brokerage firms publish technical commentary on the market and many of the advisory services are based on technical analysis. Nowadays, the many excellent traders and fund managers make profits according to technical analysis. In its simplest form, technical analysis uses information about historical price movements, summarized in the form of price charts, to forecast future price trends.
This approach to forecasting originated with the work of Charles Dow in the late s, and is now widely used by investment professionals as input for trading decisions. In fact, technical analysis has been doubted by the traders, because the technical analysis aims to grasp the trading opportunities when the price patterns appear again. However, it is too late to take an action when observing the similar price patterns. Besides, the basic elements of technical analysis widely used in everyday work do not behave the same way as they were described in textbooks and publications.
Difficulties arise when technical analysis is used in daily short-term trading because of minor market fluctuations that, in essence, are just the market noise. This noise can be compared with radio interference hindering clear reception. Toshchakov, 2. Gann was the most famous investor in the securities and futures industry. The name of WD. Gann has become legendary among traders and market technicians today. Tales of his phenomenal success in trading and his arcane, yet highly accurate, technical theories are widely known.
Droke, Due to the high accuracy and profitability, the subsequent traders are eager to reveal the secrets underneath the Gann trading rules. To this day, William D. Gann is an enigma. Much has been written about his success, or the lack of it. Questions remain about how great his techniques were, or how poor. Did he make fortunes or lose them? Most important, can any of his concepts stand up in today's fast-moving computer-driven markets? That is why people are still interested in discovering and applying with the Gann trading rules in technical analysis.
In the nature, people are familiar with waves, such as the sea waves, and voice waves. Actually in actual swing trading, the ideas of waves are applied in the trading system to expose the inner secret underneath the stock price. A wave alternates from positive to negative, then to positive and negative, and so on.
Waves are found in nature you see waves when you throw a rock into a lake. Sound is transmitted in waves. And when stock prices change, they follow a wave-like pattern. The wave is rarely as orderly a sine wave, but they are waves nevertheless, and we use these waves in Swing Trading. Swing, Gann Swing trading is the application of pattern, price and time to discover the price movement in real time.
Gann Theory looks at pattern, price, and time as the key important. While each element has its own characteristics, each also has a unique, overlapping quality. Hyerczyk, 2. The Figure 1 shows the price bar at a certain time. The left price shows the open price which is noted as at time t. The right price presents the close price which is noted as at time t. The above of the price bar is the intraday high price, which is noted as at time t.
And the price below the bar is the intraday low price, which is noted as at time t. The price bar with four important prices is vital factor to determine the trading indicators and rules. Indicators can also be charted or graphed.
Buy and sell signals and complete systems can be generated from a battery of indicators. Archer, The swing indicator is divided into two parts, the upswing and the downswing. As the name suggests, swing seems like the wave up and down, changing the directions. In finance, the price pattern has a similar performance as the swing, rising or declining as a certain rule. Upswing is defined as the price trend from down to up. The swing direction changes to upswing when the following two consecutive prices are higher than the low price.
Figure 2 a shows the change of the tendency to from downswing to upswing. At the price 1 and price 2, these two consecutive prices are higher than the price L. Bar 1 is the first consecutive higher, and Bar 2 is the second consecutive higher. Under the condition, the process is defined as the upswing. When the prices tend to go down with two consecutive lower prices, the swing direction enters the downswing process.
In the figure 2 b , the prices tend to change from the upswing to downswing. At the price 1 and price 2, these two consecutive prices are lower than the price H. Bar 1 is the first consecutive lower, and Bar 2 is the second consecutive lower. Under the condition, the process is defined as the downswing. The Figure 3 shows the comparison. The broad swing can be better presented as the general movement of the price. In the figure, the trading process appears multiple swing direction changes.
In the broad field of vision, the swing directions can be divided to the broad swing, which improving the understanding and manipulating the whole market trend. The broad swings are defined as down from point A to point B. From point B to point C, the broad swings are defined as up. Each of the swings offers the overview of the changes of short-term trend of the market.
In this way, swing traders make profits according to different swings. Rivalland, , p. Mini swing. Figure 4 a shows the valley and support line. The valley is always updated according to the change of the trading. It will change according to the new upswing. Valley is constantly updated to the minimum of the current price of each swing. Support is the Valley of the Previous Clearly defined Swing.
Krausz, W. Gann Treasure Discovered, In other words, the support line aims to make sure the price is up and not beyond the lowest current price. As long as prices do not penetrate below the valley point then support is holding. This valley point is actually the low of the previous swing.
In finance, peak represents the highest current price during the process of trading. This peak point is the high of the previous completed upswing, and followed by a downswing. Gann Treasure Discovered, It keeps on updating to the highest point, is this meant to be new downswing. The role of resistance is similar to the support line. The resistance line aims to make sure the price is down and not beyond the highest current price.
Resistance is the peak of the previous clearly defined swing. As long as prices do not rise above the peak point then resistance is holding. This peak point is actually the high of the previous swing. They accept the widespread belief that the trend is a trader s friend. Keller, Generally speaking, trading strategies are usually classified into three important strategies. One important strategy is called trend following strategy.
Another is contra-trend strategy. Gann price and time analysis often seems very complicated but for the most part, it boils down to a simple concept: Most highs and lows are made in proportion to one or more previous sections of the trend or countertrend. Miner, According to the trend indicators, investors can apply the stop loss techniques to make the profits and control the market s movement.
Actually, in swing trading, the trend indicator which is well defined strength is the power of the investor s analysis. When the pattern of the prices is recognized, the investors are able to adjust to the trading strategies to lock the profits. In Gann Swing trading, there are two trend indicators, the uptrend indicator and downtrend indicator. And downtrend indicator gives the signal about the decline of the general market movement.
The trend indicator is based simply on the relationship between daily highs and lows. MacLean, Uptrend represents the trend from down to up. When the current price beyond the nearest peak price, meanwhile the previous trend was downtrend, the trend is transferring to the uptrend. Uptrend process gives the good signal that the general price movement will go up, which encourages the investors to apply with the trend-following strategy.
Uptrend is shown as a solid line a Price pattern of Uptrend b Price pattern of Downtrend a Price pattern of Uptrend b Price pattern of Downtrend Figure 5: Price pattern of trend changes. Downtrend represents the trend from up to down. When the current price takes out the nearest valley price, meanwhile the previous trend was uptrend; the trend is transferring to the downtrend. Downtrend process gives a bad signal that the general price movement will go down, which suggests the investors are applying with the contra-trend strategy.
Figure 5 b shows the specific charts of prices which satisfies the downtrend s conditions. It is called as Gann HiLo activator. The signals from Gann HiLo activator determines the entry trigger and stop loss point in the real-time trading. The HiLo Activator is a simple moving average of the highs or lows plotted in an unusual manner. The sell stop is calculated by adding the lows of the last three periods together, and then dividing the sum by three.
The result is then plotted in step formation, that is, once the calculation is found it is plotted as a horizontal line below the market. If the market closes. With practice you will see that the HiLo Activator will indicate that the market is in a trend, following the market higher or lower in the step formation.
It can be applied with daily data, monthly data, yearly data, even in the high frequency trading. The Gann HiLo activator consists of two activators. One is called the HiLo-High activator, which is the simple moving average of past three periods high prices. The other one is called the HiLo-Low activator, which is the simple moving average of the past three periods low prices. The specific definition is shown as followed. When the current close price is above the HiLo-Low activators, the market has the potential to continue increasing.
When the current close price is below the HiLo-High activators, the market is more likely to continue decreasing. At the important point which the current close price is below the HiLo-Low activator, it means the current price is below the past average low prices. In other words, the price curve will fall soon. This point is the action point for the investors to enter or exit the positions. The same principle is applied when the current close price is above the HiLo-High activator.
At this point, the current close price is beyond the past average high prices. The price curve will bounce back. It is the precious time for. Due to the HiLo activator, investors are equipped by a more efficient tool to observe the changes and grasp the trading opportunities to hold or sell. With the combination of different indicators, the price pattern is formed as the trading pattern.
When the price pattern satisfies the predefined conditions, the Gann trading. The Gann trading rules give the signals of when to enter or exit the market, with the different indicators. The basic Gann trading rules are firstly published by Robert Krausz in his book W.
Gann Treasure Discovered In his book, the author demonstrated the trading rules with detailed charts: There is an example of each of the long or short entry rules, and the specific rule is presented below the example. This plan trades only with the trend. That is, for long positions the Gann Swing Chartist must show an uptrend solid line and for short positions the Gann Swing Chartist must show a downtrend dashed line. There are three sets of entry rules for longs or shorts, and two sets of exit rules.
In this plan you use whichever rule is activated first. Occasionally, more than one rule applies. Gann Treasure Discovered, In the Gann trading rules, there are three entry rules for traders to determine the entrance of trading. All the three rules are suitable for the different positions, long or short positions, deciding the entrance point.
For the exit of trading, there are two rules for traders to take profits. One is called the Profit Protection Rule 1. The other is the Profit Protection Rule 2. Similarly, the profit protection rules are suitable for different positions, the long or short positions Entry Rules Entry Rules give the signals to initial a trading, no matter long a position or short a position. Three of Gann Entry Rules will be illustrated as follows below. It is called the Buy Rule 1. The Buy Rule 1 set a prerequisite which the trend indicator must show uptrend.
In the Figure 7, it is clearly that the trend is uptrend shown as a solid line. Besides, in this rule, the HiLo Activator is the tool to offer the information about the action point. When the current close price is above the HiLo Activator, as the chart shows at the point A, the buy signal occurs.
In other words, the Buy Rule 1 tells traders that the price is more likely to increase after the point A. It is a good opportunity to enter a long position and buy the stocks. Figure 7: Entry Rule 1 for long positions The Figure 8 shows the specific entry rule of a short position. It is called the Sell Rule 1. The Sell Rule 1 set a prerequisite which the trend indicator must show downtrend. Figure 8 shows that the trend is downtrend shown as a dash line.
Besides, in this rule, the HiLo Activator determines the action points to short a position. When the current close price is below the HiLo Activator, as the chart shows at the point A, the sell signal occurs. In other words, the Sell Rule 1 tells traders that the price has the trend to go down after the point A. It is the good opportunity to enter a short position and sell the stocks.
The Figure 9 shows the specific entry rule of a long position. The Buy Rule 2 set a prerequisite which the previous trend should be downtrend shown as the dash line. At point A, the current close price beyond the previous peak, which means the trend changes from downtrend to uptrend. It is the point A which the Buy Rule 2 gives the buying signal to the traders. The Figure 10 shows the specific entry rule of a short position.
The Sell Rule 2 set a prerequisite which the previous trend should be uptrend shown as the solid line. At point A, the current close price is below the previous valley, which means the trend changes from uptrend to downtrend. It is the point A which the Sell Rule 2 gives the selling signal to the traders. In other words, the Sell Rule 2 tells traders that the price is more likely to decrease after the point A. It is a good opportunity to enter a short position and sell the stocks. The Trend is up swing line is solid.
You can buy when prices surpass the previous peak providing the HiLo Activator sell stop is below the bars. Action is taken intraday. The buy signal occurs on Bar B. Use two ticks pass the previous peak for the Treasury Bonds. Gann Treasure Discovered, The Buy Rule 3 requires that the trading swing should be uptrend shown as the solid line. At point B, the current close price beyond the previous peak. Besides, the Buy Rule 3 sets another condition.
For traders, it is wise to enter the market and long a stock at the point B. Figure 12 shows the specific price pattern of Sell Rule 3. The Sell Rule 3 requires that the trading swing should be downtrend shown as the dash line. At point B, the current close price is below the previous valley. For traders, it is wise to enter the market and short a stock at the point B. Due to the Profit Protection Rules, traders are more likely to optimize the profits in a certain periods of time.
For different position holdings, the Mr. Gann established the different Profit Protection Rules. In the first profit protection rule, the HiLo Activator is applied for exiting the positions and for the second set of profit protection rule, we add a percentage retracement factor. The two sets of profit protection rules are demonstrated as follows Profit Protection Rules 1 Profit Protection If Long Rule 1: When the traders are in the long positions, trend indicator will show uptrend.
For the exit point, the HiLo activator is crucial indicator to remind traders closing the position. It means the price is in the trend of decreasing. At the moment when the changes of HiLo activator happen, the profit protection moment occurs. It is the time to sell the stock and close out all long positions to lock the profits. Figure Profit Protection Rule 1 if long the positions Profit Protection If Short Rule 1: When the traders are in the short positions, the trend indicator will show downtrend.
For the exit point, the HiLo activator is a crucial indicator to remind traders closing the position. It means the price is in the trend of increasing. At the moment when the changes of the HiLo activator occurs the profit protection moment occurs. It is the time to buy the stock back and close out all short positions to lock the profits.
Figure Profit Protection Rule 1 if short the positions. Do not wait for the close of the day. Figure 15 shows that the trend keeps the uptrend shown as solid line. The current close price of point C is below the HiLo Activator. Gann Treasure Discovered, In the Figure 16, it is clear that the trend keeps the uptrend shown as solid line. The current close price of point C is above the HiLo Activator.
Figure Profit Protection Rule 2 if short the positions 3. Evaluation of Gann Swing trading rules The focus of this paper is to verify the efficiency of the Gann Swing trading rules and compare the profitability of each rule. Moreover, the newly created trading rules based on Gann Swing trading rules will be experimented, judging and comparing the accuracy and profitability with the traditional Gann Swing trading rules.
This section will include the experimental setup, the evaluation process and experimental results analysis. This section emphasizes the experiment and evaluation process of traditional Gann Swing trading rules. We choose the most famous and representative companies from three different sectors, the banking sector, the oil sector, the FTSE In this way, it will more directly to represent the trend and movement of different sectors.
Moreover, it can verify that whether the Gann Swing trading rules can be applied in different sectors. The data of the banking sector covers the Barclays Bank. The data of the oil sector contains the BP oil and gas company. The last sector is the FTSE , giving the general presentation of the whole market. The experiment aims to test the price series over the past ten years. The time period of the experimental data is from to We set the time threshold as one year.
In other words, the experiment will run the each year s historical data to check and compare the profit of each year. According to the empirical data, the experiments show the performance of Gann Swing trading rules. Considering the fact that the Gann Swing trading contains three entry rules, the experimental section is divided into three parts, representing the different entry rules performance.
In each part of the section, we will run all the three sectors data to check the feasibility for the equities from different sectors. Besides, the performance of each trading rules will be presented in different years, from to In a relatively long period of time, the experimental results will be more convincing. In Gann Swing trading, the default of each trading is shares no matter whether it is in the long position or short position. In other ways, the trading start with shares and initial capital can be set in advance according to the share price.
After finishing the parameter setup, we will execute the program with the data. First, the 10 years data in three sectors will be executed in the Entry Rule 1 contains the Buy Rule 1 and Sell Rule 1. The Entry Rule 1 will report the signal to enter the market. And the two of the. The gross return and accumulative capital and the details of each trading will be present as a chart.
Finally, the simulated trading from three sectors will be shown in different years of each three rules. Each transaction s profit or loss can be computed with the entry price and exit price. To evaluate the trading rules, the most important parameter is the rate of return. The rate of return is the ratio of profit or lost on an investment relative to the amount of money invested. It is all known that the rate of return is widely used in the financial analysis.
It is one of the simple but most direct ways to measure the profits. The formula to compute the rate of return is shown as follows. Therefore, the net profits or loss can be computed by the sum of each transaction profits or loss. The initial capital is determined at beginning according to the price and shares. To obtain the rate of return, it is direct to compare the efficiency of different trading rules. The Tables show the performance of the application of the three entry rules.
The first. The second column represents the trading statue of each trading. If traders enter a long position and they will close the position and take profits at the statue of short position. The third column of the table presents the current trading price of each transaction.
The fourth column is the indicator of profits. It will be shown according to the trading price of each transaction. The fifth column is the number of shares in the position. The Gann Swing trading set the default number of share as The sixth column is the accumulating profits of each transaction. The Column Capital is the capital in the trading account which updates according to the profits.
The last column shows the rate of return, and this aims to check the performance of the rule in a certain year Entry Rule 1: Appendix 1, it clearly shows the trading details of the three different equities with Entry Rule 1. For example, Table 3 gives the specific overview of the performance and trading details of the Barclays Bank using the Entry Rule 1 in On Feb 4 th, , the traders entry the market and short a position at the price of On Feb 10 th, , the traders close the position and take the profits at the price of However, this trading leads to loss of In the trading account, the capital remains Through the 15 trades, the overall profit is The rate of return is 5.
The way of presenting the result is the same as the Entry Rule 1. Table 6 shows that the profit is and the rate of return is And the FTSE make profits of , the rate of return is 7. As the same as Appendix 1 and 2, the three Tables display the trading date, price and volume. Besides, the profits, accumulating profits and capital are shown respectively.
Table 9 displays the 9 transactions details of Barclays Bank with the Entry Rule 3. This trading leads to the loss of and the rate of return is The profit is , and the rate of return is Five years return is negative and five years return is positive. In , the Barclays Bank made the best profits. The return of is In , the worst return is -. Eight of the returns are negative. The average return is 8. Seven years return is positive.
Eight years return is positive. The average return of the Barclays Bank is The average return of the BP Oil Company is All the equities with Entry Rule 2 get both positive and a considerable return. It suggests that the Entry Rule 2 is more suitable for application to the real stock market. In theory, the Entry Rule 2 will produce higher and stable profits and traders can invest more capital on this rule.
However, not all the Gann Swing trading rules make sense. The Entry Rule 1 shows a poor performance in the different sectors. All the return is negative, showing the instability and unreliability. For traders, they must be cautious when investing the. For the Entry Rule 3, two equities get a positive return. Only in the bank sector, this rule has a poor performance. In that case, the Entry Rule 3 has a limitation for traders to apply. In some sectors, this rule can lead to incredible profits.
However in some sectors, it may cause to serious problems. On the whole, the performance of traditional Gann Swing trading rules is mainly satisfactory. In the right sectors, the Gann Swing trading rules are more likely to have a better impact on the rate of return. Equity Rule 1 Rule 2 Rule 3 Barclays The rules of this system are simple, and managing trades,.
The only tricky part is using your knowledge to set. Let me introduce you to the 3 simple steps below. This trading system involves 3 simple steps. Get ready around pm EST. Identify your entry levels. Place 6 limit orders. All your. The Strategy Step by step:. See example above. Set take profit 15 pips and stop loss 25 pips. Set take profit 35 pips and stop loss 25 pips. Set take profit 50 pips and stop loss 25 pips. Set 3 SELL orders 7 pips below the low low -7 pips. Order 1 Entry: Low -7pips.
Order 2 Entry: Low -7pips. Order 3 Entry: Low -7pips. Share your opinion, can help everyone to understand the forex strategy. Write a comment. Tibor Wednesday, 12 March I can make an automated system if this does work. Have anyone cheked it deep enough?
Peter Tuesday, 15 July Hi it works good What about the other three orders which are not executed , shall i delete them at 6 pm EST time? Riz Friday, 03 October In theory it sounds good, but what if all 3 orders are activated but none reach the TP point but instead reached the SL? That's one shot 75 pips gone. Ty Monday, 20 October I agree with Riz here if you enter all three trades and they all lose that's 75 pips gone I can't see how this strategy really works when you factor that in.
I agree what if you trigger on all 3 orders and get stopped out on all of them that's 75 pips gone where is the money management on that. Jacob Thursday, 04 December OZ Robot has a great customer support also. To you know more detail information. Bruce Wednesday, 22 April Here's a hint Kent Saturday, 08 October If you want to get a better visual of where the market is heading,go to a higher time frame. Oco orders are a good idea. Frederic Monday, 05 December Demo Sunday, 30 April I will try this for about 2 months on a demo account and see the outcome and see the profit and lose ratio.
Seedassure Sunday, 08 April
The CS:GO Trade Up Contract requires 10 skins of the same rarity to be exchanged for 1 skin that is of one higher rarity with the outcomes being chosen 'randomly' from one of the inputted collections or cases. Souvenir skins cannot be used in tradeup contracts.
Finding the correct floats for items are sometimes really hard to find. The new theory of how trade up outcomes are determines are based on the number of available skins from each collection. This sounds really confusing at first but once you get your head around it, its relatively easy to understand.
As you can see, the train skins have only 2 possible outcomes and in this trade up we are using 4 of these train filler skins. The Overpass skins on the other hand have 3 possible outcomes and we are using 6 of them in the trade up above. Calculating the Outcome Percentages. The contract only allows 10 skins from the same rarity. For example: 10 Mil-Spec skins can only be crafted into 1 Restricted skin. There are many sites that have a trade up calculator but by far the easiest one to use is TradeUpSpy [www.
Advantages of TradeUpSpy: The site is completely free to use and does not need to be paid for unless you want premium. It is really easy to link your steam inventory and search for the input skins for the trade up. The site accounts for a wide range of currencies if not all for people to choose from. The site provides 3 free examples of trade ups which can be used by the users. Here are a few examples of profitable trade ups you can do with the new Fracture case.
Special thanks to: Misu TradeUpSpy [www. If this guide was any help to you, feel free to donate! Any item is greatly appreciated whether it be a case or a knife! Feel free to use my Referral Code [www. Eaze [author] 22 Jul, am. Joeaty 22 Jul, am. Fernwood Fitness 18 Jul, am. Hey corfex.
Kitto 17 Jul, pm. Hi, I'm heyzeus wait wat. Eaze [author] 11 Jul, am. Make that profit ;. Servicio libre de links fraudulentos! Eaze [author] 7 Jul, am. Most of these will be fillers. Consumer grade: idk Industrial grade: the train collection only has 2 outcomes. Mil-Spec: the safehouse, italy and lake collections are good as they only have 1 outcome. Why can't I use my covert skins in a trade up and get a knife? McSkillet said I could. He swore on his life.
Gann Hilo Activator indicator standard period CCI commodity channel index period MACD 5,34,9. Daily pivot for 1h and below Timeframes. Momentum indicator. Simple moving average period 5 5sma. Important note:. The Momentum will give a hint if price is going to retrace pull back to 5sma; when going long, and if price is a bit over 5sma AND momentum is pointing down, it usually means that price will have a GOOD chance of going there.
Take Profit and Stop Loss. I think they're simple. Share your opinion, can help everyone to understand the forex strategy. Write a comment.
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What's LAZY PORTFOLIO Strategy? ✔️ Is this LOW-RISK Strategy Right for You? csgo low risk trade ups Trading Forex - Low Risk High Return/Gain. Unstopplable Forex Profit is a trend following trading system. The price doesn't clearly go up or down when the market is ranging and that's why you. 21# pips daily Trading System · The rules of this system are simple, and managing trades, · and calculating levels will take no more than five minutes of.