@Eugenijus if you use Gann Fann indicator it doesn't matter which scale you have, only difference is that on 1:1 scale chart you can see that main Gann line(1x1) will have proper 45 degree angle
Price degree will be the same in any TimeFrame, but time degree depends on what TimeFrame chart you are. In this chart Timeframe is H1 so bar's number are written here, but for example in H4 TimeFrame bar's number would be different and for this reason degree would be different too. So, in what TimeFrame you are looking that time=price? Which is the most accurate or something else?
gann line properties-> parameters->scale = -1.00
on different TFs there are equalities but not exactly at the same point, for example wave AB:
on M15:
time 85
price 122
M30:
time 48
price 119
H1:
time 31
price 134
H4:
time 9
price 121
on D1 wave has 3 bars so there is no sense for counting this TF
now tell me which TF is most accurate when absolute range of this wave is 137 pips?
drap
well thats what you get on D1 chart, check smaller TFOriginally Posted by Eugenijus Genijus
i dont understand what you are calculating here137-82deg. 82+90+90+90=352deg, so for me on M15 TF would be the most accurate.
You asked, which TF is most accurate when absolute range of this wave is 137 pips?
on M15:
time 85- 355deg
price 122- 323deg
price 137-82+90+90+90=352 deg
M30:
time 48 -302deg
price 119 -299deg
price 137-82+90+90=262deg
H1:
time 31 -57deg
price 134-59deg
price 137-82deg
H4:
time 9 -315deg
price 121 -315deg
price 137-82+90+90+90=352deg
So, I calculated 137pips in degrees and got 82 deg. On M15 TF were 85 bars, ir equals 355deg.
By gann theory, the most important degrees are at every 90 degrees, so by 82 deg (137pips) added 90+ 90+ 90 and got 352 deg. I compared all TF's time with price 137p and got, that M15 TF is the most accurate. This could be wrong, maybe my Gann understandings are wrong.
Last edited by Eugenijus Genijus; 12-04-2012 at 07:08 AM.
our interpretations are different thats all,
taking exact price high/lows and bar number you will rarely find equality - first of all because distorted data feed from MM brokers