Friday, August 17, 2007

Gann Swing Trade Rules

Gann Swing Trade Rules
hi-lo activator = avg(h,3) (b) or avg(low,3) (s) +/- 2
ticks
swing = 2 hier his or 2 lower los (consecu)

If Uptrend (h > peak)
c > 2 ticks above hi-lo activator

b if
c > hi-lo activ
swing chart chs fm downtrend -> uptrend (valley passed)
nearest peak surpassed by 2 ticks + hi-lo < bar
38% retracement fm current Gann swing

If Dntrend + bar closes below hi-lo activ

s if
c < hi-lo activ
swing chart chs fm uptrend to downtrend
nearest valley passed dnwd by 2 ticks
38% retracement fm current Gann swing

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