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Strategies & Market Trends : TA- Advanced GET -- Ignore unavailable to you. Want to Upgrade?

To: Harold Lanier who wrote (871)	2/19/1998 2:09:00 PM
From: Bruce A. Bowman	Respond to of 1551

Hi Harold- Good that you're letting them know. They thought it was an isolated problem. Looks like they have a fix for some of the problem, but it's not complete.... still can't save the spread to a page and when I tried I got a GPF. They apparently have had to redesign how they read & access the database(s). Nothing like version 1.0 of anything, is there? :-) Bruce

To: Harold Lanier who wrote (871)	2/21/1998 11:43:00 PM
From: Alton Stephens	Read Replies (1) \| Respond to of 1551

Harold, below is an email I sent to Bill Sandusky as a result of his helping me with the Gann box tool in new WinGET. I thought this might be of interest here too- it is my synopsis of my understanding after Bill's observations and comments sent me back to the books, as he was so far ahead of me: Bill, I have watched the relevant portions of the tapes [tape 4, 01:22:10 thru tape 5, 00:17] again and have reviewed my notes. The most important chart in the materials is chart 8-12. I am now able I believe to address this question of constructing the Gann box the way TTI intends the tool to be used. These are the key elements: [1] Start the Gann box at an Elliott sequence pivot- the more significant the pivot, the "stronger" will be your resulting Gann lines. The most significant Elliott sequence pivots are wave "0" and wave 5 pivots, but any pivot will do depending on your purpose. The entire function of the exercise is to make a Gann box that "looks good." [2] Position your the intersection of your 1x1s near a "trading opportunity". This can be a wave 5 pivot for a type 2 trade, a wave 4 type 1 trade, an XTL trade, a stochastic 21,3,3 false bar stochastic trade, or anything else that meets your definition of a trading opportunity- it need not be a GET based trade at all. [3] Most significantly, the number in the upper right hand corner should be a multiple of 45 or 1/2 * 45. These numbers are built into the "fixed increment" option in the Gann box set up dialog box. Such numbers are 45, 90, 113 [which is 90 + 1/245], 135, 180, etc. These are your time increments in terms of periods- days on a daily chart. YOU WERE ENTIRELY CORRECT IN YOUR EXPLANATION OF THIS TO ME EARLIER TODAY. [4] Note that the intersections of the up and down Gann lines divide the little Gann boxes inside the big Gann box into 1/3s. You may use the Fib time tool to assist in drawing vertical lines thru these intersections. [You will notice that you will need to draw in your own "segments" using the line drawing tool to connect all corners of the little Gann boxes- Peter Filiberto pointed this out to us 2 years ago. Or you can draw the lines individually using the line tool, even tho horiz and vert lines have not yet been added to this tool box.] You can also draw in horizontal lines thru these intersections using the line tool. The point here is that the 45 period increments, and the 1/3 subdivisions within each, are time support/resistance. The horizontal lines are price support/resistance. [5] The driving factor is not the number in the lower right hand corner like it used to be [in the DOS version, this number was in the upper right hand corner]. The WinGET Gann box tool has been reconstructed to make the 45 period time division idea the driving force behind the tool. *************************************************************************************************** If you play with this tool, draw in all the subsidiary H-V 1/3 lines, and the corner-connecting lines, and follow the above guidelines, you will see what Andy is talking about on the tapes. As Andy says, this tool will tell you where price is going before it gets there, and when, before it gets there. This tool used in connection with your definition of a "trading opportunity and the "who's in control" analysis also described on the tapes alone makes the software worth the price, I think. Alton Stephens astephen@raex.com