 "Futures (Cedar Falls, Iowa)")
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Gann vs. geometric angles: angles drawn on price charts are similar to trendlines except that they are not drawn with the benefit of hindsight. Two approaches to such angles, geometric angles and Gann angles, are similar but they are not the same. Here is how to apply each.(TRADING TECHNIQUES)
Futures (Cedar Falls, Iowa)
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December 1, 2004|
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Analysts sometimes attempt to equate the line slopes known as Gann angles, with line slopes commonly known as geometric angles. If the intent is to illustrate Gann angles and approximate them to geometric angles, then there is agreement.
[ILLUSTRATION OMITTED]
But if the inference is to suggest that a Gann angle is the same as a geometric angle (a 1X1 Gann angle for instance, equaling a 45-degree geometric angle) then there is some difference in opinion.
This article will clarify the difference between Gann angles and geometric angles--a subject ...
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