{"id":29,"date":"2023-11-22T01:14:47","date_gmt":"2023-11-22T01:14:47","guid":{"rendered":"https:\/\/www.onewaychoice.com\/?page_id=29"},"modified":"2024-01-04T23:14:29","modified_gmt":"2024-01-04T17:44:29","slug":"gann-calculator","status":"publish","type":"page","link":"https:\/\/www.onewaychoice.com\/gann-calculator\/","title":{"rendered":"Gann Calculator – Square of 9 Simulation"},"content":{"rendered":"\n
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In the world of finance, the Gann Calculator, particularly the Square of 9, is a valuable tool used by traders to analyze markets and predict prices. Created based on the ideas of trader W.D. Gann, it’s known for its ability to make market analysis simpler. Let’s explore how this tool works in simple terms.<\/p>\n\n\n\n

This tool, named after W.D. Gann, is rooted in his groundbreaking work in the early 20th century. W.D. Gann was a legendary trader known for his innovative techniques in market analysis and prediction. He developed the Square of 9 as a mathematical tool to forecast market movements.<\/p>\n\n\n\n

Understanding the Gann Calculator (Square of 9)<\/strong><\/h2>\n\n\n\n

The Square of 9 is a chart or grid consisting of numbers in a spiral pattern. It’s based on a starting number, and by moving in defined increments, it creates a square. This tool is commonly used for intraday trading and is user-friendly for traders.<\/p>\n\n\n\n

Steps Involved in Using the Gann Calculator<\/strong><\/h3>\n\n\n\n
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  1. Choosing a Starting Number:<\/strong> Start by selecting a number to initiate the calculation. Closing Price, Average traded price, Support & resistance Prices, etc<\/li>\n\n\n\n
  2. Moving in Increments:<\/strong> Follow the grid in specified increments to calculate other numbers.<\/li>\n\n\n\n
  3. Identifying Price Levels:<\/strong> These calculated numbers indicate potential support or resistance levels in the market.<\/li>\n\n\n\n
  4. Making Trading Decisions:<\/strong> Traders use these levels to guide their buying or selling decisions.<\/li>\n<\/ol>\n\n\n\n

    Pros and Cons of the Gann Calculator<\/h3>\n\n\n\n

    Pros:<\/em><\/p>\n\n\n\n