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Hi,
Is it possible to modify the formula below to calculate and plot lines
for say a nine 9 sided and other Polygons.
I would appreciate any improvements you can suggest on the formula
{ Gann Hexagon }
-----------8<----------------------------------------------
{ Pivot:=Input(" Enter Low or High ",1,20000,408); }
Pivot:= LastValue(Lowest(Low));
Rg:=(Sqrt((9 + 12* Pivot))+3)/6; { Rg Ring of Hexagon }
Inc:=Input("Enter Increments or Decrements..",-12,100,6); {Increment Ring of Hexagon }
St:=Input(" Enter Angular Shift in Degrees.. ",-359,360,0);
T1:=(Power((((Rg+(1+St/360))*6) -3),2) -9)/12;
T2:=(Power((((Rg+(2+St/360))*6) -3),2) -9)/12;
T3:=(Power((((Rg+(3+St/360))*6) -3),2) -9)/12;
T4:=(Power((((Rg+(4+St/360))*6) -3),2) -9)/12;
T5:=(Power((((Rg+(5+St/360))*6) -3),2) -9)/12;
T6:=(Power((((Rg+(6+St/360))*6) -3),2) -9)/12;
Pivot;
T1;T2;T3;T4;T5;T6;
-----------------------8<-----------------------------------
Kind regards,
Derek
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The MetaStock formula language can not plot a vertical line. all other angles are possible.
When plotting a line, the line must be defined with a starting point (date and time plus a value) and a slope. If the line is to change direction, a date of the change and a new slope is needed. Likewise, a date is needed for when the line will end.
All lines will be drawn from the earliest date toward the latest date (left to right).
With these restrictions, it is possible to draw polygon shape but you will likely require the indicator to draw two lines, one for the top half and one for the bottom half.
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Rank: Advanced Member
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Dear Equis,
The idea of the Gann Hexagon formula is the draw on a Metastock Chart
Support & Resistance Lines equal to the values at 60 Degrees angle on the attached Hexagon Chart.
( or 120 or 180 or 240 or 300 Degrees )
Derek
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Rank: Advanced Member
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Dear Equis,
The Horizontal lines on the attached MS Chart are equal to the values along the 60 Degree line on the Gann Hexagon
Derek
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From memory, in order to compute the "shapes" there is some polynomial which needs to be solved; I don't know which polynomial, or even the degree (but as we are looking to count around a "circular-ish" shape, I'm going to guess it's a second degree function)
wabbit [:D]
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Rank: Advanced Member
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Dear Equis,
Major Low Pivot on the above Chart at = 408
Ring:=(Sqrt(( 9 + 12* Pivot))+3 ) /6 ;
{ Ring:of Hexagon =12.172 }
( Ring = 12 th Ring of Hexagon }
{ Angle = 0.1726 * 360 }
{ Angle = 62.136 Degrees }
{ Next Ring =12.1726 + 1 }
1st Resistance Line:=(Power((((Ring+1)*6) -3),2) -9)/12;
{ 1st Resistance Line :=481.036 }
[ Angular Shift omitted to make it simpler }
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