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Customizable Gann Fans: % Angles and customizable default settings for Fibo Retracements
Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 7/4/2006(UTC) Posts: 57 Location: Zurich, Switzerland
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The drawing tools at Tradestation are a bit more sophisticated, and the ones mentioned here are of particular great use:
- Highly customizable Gann Fans
(actually, the ones I am referring to are called "Fibonacci
Speed/Resistance Fans. You can define up to 12 Lines,
each with specific %angles of Rise and specific color and
thickness.
This is excellent, since the usual standard Gann lines (like the ones
in MS) do NOT fit very well on th prices well enough on most
charts. You can create astonishingly BETTER Gann lines with this highly
customizable tool.
- Customizable Default Settings for Drawing Tools
This should be possible to set "standard parameters" for the
Fibonacci Retracements Lines as well as for such a customizable Gann
Fann tool, in order to save time when applying them.
- Trendline Alerts (mentioned by a lot of other people)
In Tradestation, you can also activate Alerts on all the Drawing Tools and Indicators.
Thank you for consideration. Anybody who would experiment with
customized Gann Fann Angles will notice that this is a much more
powerful tool than the usual standard setting supplied with many
charting programs.
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Customizable Gann Fans: % Angles and customizable default settings for Fibo Retracements
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