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How to Use Ganntrader 3.1 to Master W.D. Gann's Techniques
If you are interested in learning and applying the methods of W.D. Gann, one of the most successful and influential traders of all time, you may have heard of Ganntrader 3.1. This software is a powerful tool that allows you to create and analyze Gann style charts, time cycles, angles, squares, and more. In this article, we will explain what Ganntrader 3.1 is, what it can do, and how you can use it to improve your trading skills.
What is Ganntrader 3.1?
Ganntrader 3.1 is a software program that was developed by Peter Pich and Billy Jones in the 1980s. It is based on the original writings and materials of W.D. Gann, who was a legendary trader and analyst in the early 20th century. Gann developed a unique system of technical analysis that combined mathematics, geometry, astrology, and cyclical patterns to forecast market movements and trends. He was able to profit from some of the most volatile market conditions in history, such as the Great Depression of 1929.
Ganntrader 3.1 is designed to help you study and apply Gann's techniques in a fast and accurate way. It is the only software program that includes all of the major Gann methods, such as:
Geometric angles, such as the 1x1 angle that represents a balanced market
Division of the range, which divides the price range into eighths or thirds
7 times the base, which projects future price levels based on a base number
Squares of the high, low and range, which create dynamic support and resistance zones
Natural squares of 52, 90, 120, 144 and 360, which are important time cycles
Planet time cycles and aspects, which show the influence of planetary movements on market behavior
Square of 9, which is a spiral chart that reveals hidden relationships between price and time
Ganntrader 3.1 also allows you to create swings and main trend indicators, mirror image foldbacks, zero angles, time and price displays, true trend lines, heliocentric and geocentric time cycles, average time cycles, high resolution chart printouts, custom chart paper creation, and more.
How to Use Ganntrader 3.1?
To use Ganntrader 3.1, you need a PC with at least 8 meg ram, VGA or Super VGA graphics; DOS or DOS window in Windows 95/98/ME/NT/2000/XP; Epson or HP compatible printer[^1^]. You can download the software from WD Gann Inc. or GannTrader.com. The software comes with a 135-page full color manual that explains how to install and use the program.
Once you have installed the software, you can start creating Gann charts by entering your data or importing it from other sources. You can choose from various chart types, such as bar charts, candlestick charts, point and figure charts, etc. You can also adjust the scale and grid spacing of your charts to suit your preferences.
Next, you can apply any of the Gann tools that you want to use for your analysis. For example, you can draw geometric angles by pressing a single key or by setting a live 1x1 angle on your chart. You can also divide the range by pressing another key or by entering your own values. You can create squares of the high, low and range by selecting them from a menu or by typing them in. You can also display natural squares or planet time cycles on your chart by choosing them from another menu.
You can also use Ganntrader 3.1 to test and verify each of Gann's techniques that he describes in his books. The manual provides examples and exercises that 0efd9a6b88