About Gann Swing
The Gann Swing methodology was developed by W.D. Gann and the Gann Swing indicator- part of the DS Essentials package — is used in swing trading for trend detection as well as to identify support/resistance levels. It is implemented as a Technician overlay and will operate on any bar interval/custom period available in Technician.
When the Gann Swing indicator is applied, the stair-step pattern it creates makes it much easier to visualize the overall trend as well as to identify recent turning points that can be used for stop-loss purposes. You can specify the number of bars to be taken into consideration for swing construction and you can choose whether or not to ignore outside bars. You can also load multiple copies, each based on a different swing bars value, to monitor minor and major swings, for example.
The full Gann Swings user guide can be found on the Divergence Software website here: http://www.sr-analyst.com/ChartIQHelp/index.html
It should not be assumed that past performance is any guarantee of future results. Results obtained from the use of the DS Essentials Indicator Collection for ChartIQ indicators or any information provided in this User Guide are not guaranteed to be profitable. It should be understood that investing or speculating in the financial markets involves risk and may result in either a partial or total loss of one’s investment capital. The information presented in this User Guide is believed to be reliable, but cannot be guaranteed as to its accuracy or completeness.
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