joegamma wrote:45 degree line is "1x1" which means 1 price movement by 1 unit of time ( a natural progression?)....
I found gann fans on hand PF charts (no unit of time) to work best, oddly enough...
Thanks Joe. This is interesting that it works on well on PF with "no time" or perhaps a variable y axis.
there are quite a few charting techniques that work better by hand...I used PF charts of bond markets in the 1980s, the scale was 4x4 or 8x8 boxes, with short term for intrad day to swing periods (typical 2 to 4 columns per day), medium term (maybe 1 new column per day,) and long term (only 1-2 boxes on a typical price moving day)...this was on 30yr bonds in Greenspan heyday fwiw....
The best aspect of these PF charts was the "gann fans" were true, not the software fibonacci fan generated and "FITTED" in stockcharts so that 1box x 1 box was always 45 degrees, and 1x2, 1x4, and 1 x8 lines were important and provided valid support and resistance too....
Joe I think you are saying the stockcharts is not true. That is the 1 x 1 and 1 x 2 etc Is that correct?
On thing with hand done P&F you can pick the box size and capture intraday - though I think some allow you to pick box size "user defined" I think it still only picks moves on daily H/L/O/C
Been thinkin if I can make time intraday to try on R2k but have not ordered the graph paper yet...
This motivates me to go and buy some. (I think Gann use 8 squares to the inch.)
because its so old, many of Gann writings should be available online free,
I have many of his books - I prefer printed material
tsf wrote:This link may be on interest to you regarding the math question above.
http://answers.yahoo.com/question/index ... 456AARZt2y
x = 1/x + 1
x² = 1 + x
x² – x – 1 = 0 quadratic formula
x = 1.618 or x = – 0.61803
The (irrational) number is called 'Phi',
φ = ½ [√5±1].
Further the square of the number is 'one more than itself'. That is
φ² = φ + 1 = 2.6180.
In Trigonometry, functions of multiples of 18º (= π/10) are expressed as functions involving φ,
Sin [n(π/10)], Cos [n(π/10)] = f(φ).
It has several more Mathematical uses & is a hot favourite of 'Architects' who call it 'Magic number'. A rectangle of these proportions is the most aesthetic in architecture (le Corbusier used it extensively in proportioning his buildings in his town planning of a new city - Chandigarh).
daytradingES wrote:How would I express my problem which is a number that is +3 to its reciprocal instead of +1?
ZimZeb wrote:daytradingES wrote:How would I express my problem which is a number that is +3 to its reciprocal instead of +1?
If I understand your question, you're asking for the third silver mean.
S_n = 1/2 * [n + SQRT(n^2 + 4)] ; S_1 is phi, S_2 is delta_s, S_3 ~= 3.3028
They fascinatingly satisfy the equality:
S_n - n = 1 / S_n
Appendices here might have something of use for you.
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