One of the most successful and greatest of all the trading figures in history – W.H. Gann, has devised the base for advanced technical analysis, which is being used by many of the investors on a global scale. The tools provided by
Gann will certainly apply to many problematic situations that have been pushed to the boundaries, given the chance to boost each kind of performance thanks to a predetermined actual factors. The so called Gann Fan Indicator is most efficient at locating the resistance levels and supporting those in order to spot the best places to but any range of call and put positions, whether it is utilized in a certain environment like the bearish or bullish markets.
As Gann been working on several aspects behind the trading theories, it was practice that pushed him into the work with angles, which he believed were responsible for creating specific traits that correlate with respective instruments.
Whenever apprehending particular data angles like the 1×1 that proves most common in areas containing such derivatives, the Gann Fan instrument will be involved. While many changes toward this concept may still lead to some consensus, it is worth practicing first before applying such in real motion.