trading with gann calculator

[mmohanar]

Trading with gann calculator which generates more profit. Ltp or vwap value?. I used only
Atp but it results 50-50.anybody using tell me the profitable method?.

 

[mmohanar]

Dear shareparthi

Thank you very much for your response. But I used LTP with gann calculator earlier.i lost many trades and small win I got.so again I trade with vwap price with gann it gives some average profit but not great.any method witch gives more profit than lose?i have been trading from july'14.
Some month results I have given below.its real trade only not paper trade.I am trading in icicidirect.all the results after brokerage deduction.
Ex:
Oct'14-Rs1200lose-180 trades with 2652 theory.(it gives profit but not great).
Nov'14 -Rs3000 profit-65 trades-gann with vwap
Dec'14-Rs22000 lose-78trades-gann with LTP.
So lose so for Rs.220000.and brokerage Rs.144000.so total lose Rs.366000.
So any profitable intraday method?.because I have to recover my lose.

Regards
Mmohanar

 

[niftyexceltrader]

hai mmohanar,
LTP is best of my knowledge.
If u coincides this with time it will be more profitable
use 1/2 hour time frame or 1 hour time frame for this
ie calculate the Gann values for the opening price of the 5 min bar@ 11.00
This is valid for 11.30 only . and so on....
The T1or T2 for Gannvalue is achieved within half an hour . Use trailing SL to make decent profit.

Note : 1.If U have unlimited brokerage plan every 1/2 hour u get profit
considerably .
2. PaperTrade first for a day and then enter .
regards
shareparthi

Thanks
Looks to be a good strategy. Please provide more detail preferably with an example.
Thanks

 

[sramrutia]

Dear shareparthi

Thank you very much for your response. But I used LTP with gann calculator earlier.i lost many trades and small win I got.so again I trade with vwap price with gann it gives some average profit but not great.any method witch gives more profit than lose?i have been trading from july'14.
Some month results I have given below.its real trade only not paper trade.I am trading in icicidirect.all the results after brokerage deduction.
Ex:
Oct'14-Rs1200lose-180 trades with 2652 theory.(it gives profit but not great).
Nov'14 -Rs3000 profit-65 trades-gann with vwap
Dec'14-Rs22000 lose-78trades-gann with LTP.
So lose so for Rs.220000.and brokerage Rs.144000.so total lose Rs.366000.
So any profitable intraday method?.because I have to recover my lose.

Regards
Mmohanar

1icicidirect is not for traders. change broker to zerodha or with unlimited monthly plan.

2.use amibroker or metastock

3. try afls with traling stoploss

 

[rpsvinod]

Dear shareparthi

Thank you very much for your response. But I used LTP with gann calculator earlier.i lost many trades and small win I got.so again I trade with vwap price with gann it gives some average profit but not great.any method witch gives more profit than lose?i have been trading from july'14.
Some month results I have given below.its real trade only not paper trade.I am trading in icicidirect.all the results after brokerage deduction.
Ex:
Oct'14-Rs1200lose-180 trades with 2652 theory.(it gives profit but not great).
Nov'14 -Rs3000 profit-65 trades-gann with vwap
Dec'14-Rs22000 lose-78trades-gann with LTP.
So lose so for Rs.220000.and brokerage Rs.144000.so total lose Rs.366000.
So any profitable intraday method?.because I have to recover my lose.

Regards
Mmohanar

Dear mmohanar,

which segment u made these trades? NSE or MCX?...Ref below one of TJ Member using this for concept..result is positive..

I am trading using GANN's square of 9 from 7 months, and it gives some profits. I am a commodity trader especially in Crude and using GANN in Crude only. GANN's is only for Intraday. I will wait for minutes after the market opening to get a stable price, if got it, use it in Gann and write down the levels, enter only after 11.00 AM, to get the confirm. When first target achieved, SL revised to the entry price. Every day i am getting Minimum 10 Points in Crude.

Regards,

VINOD. RPS

 

[rpsvinod]

yes,
as told by vinod it works well with commodity especially crude oil
regards
shareparthi

I Agreed..just remember i was traded on crude based on this concept..but not now..If u elaborate 'll track on crude again..Consider shareparthi..if u 've time.

http://www.traderji.com/energy/92606-315-strategy-crude-oil-ng-trade-intraday-result-11.html

Regards,

VINOD. RPS

 

[rpsvinod]

well friends,

on 23/01/2015 CRUDEOILM @ 6.00 PM trading 2900

As per Gann calculator
Buy Above 2902 for a Target of 2914,2928,2941 SL 2889

Sell below 2889 for a target of 2877,2863,2850 SL 2902

we sell @2888 T1 achieved @6.21 pm and T2 @6.27 pm

we Booked the profit 25 ticks
********************************
Again @ 6.30 Pm Trading 2869
As per Gann calculator
Buy Above 2875 a Target of 2887,2901 , 2914 SL 2862

Sell below 2862 for a target of 2850,2837,2823 SL 2875

we buy @2877 T1 achieved @6.59 pm
Book Profit T1 9 ticks
********************************************
Again @ 7.00 pm trading 2881
As per Gann calculator
Buy Above 2889 a Target of ,2901 , 2914 ,2928 SL 2876

Sell below 2876 for a target of 2864,2850,2837 SL 2889

we sell @2875 T1 achieved @7.17 pm T2 achieved @7.29 pm
we Booked profit T1 11 ticks
***********************************************
Again @ 7.30 pm trading 2852
As per Gann calculator
Buy Above 2862 a Target of 2874,2888 , 2901 SL 2849

Sell below 2849 for a target of 2837,,2824 ,2810 SL 2862

we sell @ 2846 T1 achieved @7.39 pm T2 @ 7.40
we Booked profit 22 ticks

Like this we trade for a decent profit every Half an hour.

excuse for the chart not loading
regards
shareparthi

Dear shareparthi,
great..can u try to open new thread especially for crude? 'll interact more ..

Regards,

VINOD. RPS

 

[mmohanar]

Dear shareparthi,

I'm trading in equity not in commodity. target not achieved in 1/2h or 1h timeframe. But tragedy looks great. What should I do if target not achieved within timeframe. Shall I close even if it is in lose.

 

[Pradeep Narayan]

The better way to trade using Gann is to use that in the Indian Market context. I do a rough calculation on intraday prices using this:
a. No. of trading hours 6.25
b. Inverse of that is 0.16 (for every 1 hr)
c. Max trading range 0 to +3.125 and min trading range 0 to -3.125
d. multiply 0.16 with the max or min trading range value.
e. Add that to the square root of the opening price or opening index.
f. Get the approx. day range and trade using your discretion.

All the best.

 

[ajayalbalb]

pl explane sir