Support Board
Date/Time: Thu, 28 Nov 2024 00:31:58 +0000
Post From: Drawing A 1x1 Square
| [2023-06-22 14:48:53] |
| WarEagle - Posts: 73 |
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The easiest way I have found to do this is to use the Gann Fan tool. First calculate a valid 1x1 line, your 45° angle. You can manually scale your chart if you want the square to look like a square, but I found this to be a pain and thankfully it is not necessary. With the Gann Fan tool, once you set the angle you can drag it around wherever you want and the scale will change with the chart scale because the anchors are set from the base to the future point that measures 45°. So just find two points that you know on a properly scaled paper chart would be 45° (like 1 day for 1 point or whatever) and anchor your fan with them. Then add your ratios via percentage equivalents and you will have your fan. If you really want it "square" you can then adjust the price scale to narrow or widen it visually. In the attached pics I have a square of 28 drawn with the rectangle tool (28 days by 112 points in this case) and then added the Gann Fan on top. The first one is scaled to look like a square and the second with the scale narrowed to show how the fan will adjust properly to still give the correct ratios. All you need are the points at the start of the square and the 1x1 through the other corner. I have the "Copy and Move" and "Flip Vertical" items added to my drawing tool right click menu to quickly create a new one and flip it from high to low. |
 gannfan1.jpg / V - Attached On 2023-06-22 14:41:45 UTC - Size: 103.2 KB - 125 views gannfan2.jpg / V - Attached On 2023-06-22 14:41:55 UTC - Size: 39.45 KB - 103 views |