Dynamic Gann Levels by Don Fisher

Dynamic Gann Levels by Don Fisher

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Forex Trading – Foreign Exchange Course

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Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

Overview

Dynamic Gann Levels (Designed by Donald Fisher) draws projection lines based on user selected points and the squaring of price and time.

Apply Settings to All: When multiple Dynamic Gann Levels tools have been applied to a chart, page or workbook, this action can be used to apply the settings of the one selected to other instances of the tool. This is a great time saver if an adjustment is made to the tool – such as line colour- as this allows all the other Dynamic Gann Levels tools in the chart, page or entire workbook to be updated instantly.

Copy Tool: Allows you to copy the selected Dynamic Gann Levels, which can then be pasted onto a different chart window.

Move to Back: If the Dynamic Gann Levels is displaying in front of other tools or indicators clicking this action will move the Wyler Kinetic Energy view to the background.

Move to Front: If the Dynamic Gann Levels is displaying behind other tools or indicators on the chart, clicking this action will bring the Wyler Kinetic Energy to the forefront.

Restore Default Settings: Click this action if you have adjusted the default settings of the Dynamic Gann Levels, and wish to return to the standard properties originally installed with Market Analyst.

Save Settings as Default: If you have adjusted any of the Dynamic Gann Levels properties (colour, for example) you can save the adjustments as your new default setting. Each time you apply a new Dynamic Gann Levels to a chart, the tool will display using the new settings.

Delete: Delete the Dynamic Gann Levels from the chart.

Properties

Tool Name: Allows you to adjust the name of the tool, as it’s displayed in the Structure Panel.

Show Labels: When selected each Dynamic Gann level will be labelled accordingly.

Label Alignment: Can elect to display the labels in different positions in relation to the level line, there are 8 options available: Top Left, Top Right, Centre Top, Bottom Left, Bottom Right, Centre Bottom, Centre Left and Centre Right.

Font Size: Allows you to adjust the size of the text displayed for the Dynamic Gann level labels. Moving the slider bar to the right increases the font size.

Show 50% Channel: When selected the 50% Channel line will be displayed.

Line Style: Expands to display the following properties.

Line Style: The Line Style property allows you to adjust the type of Dynamic Gann Level lines displayed. There are 8 options available: Solid, Dots, Dash, Dash Dots, Long Dash, Long Dash Dot, Long Dash Dot Dot and Stippled.

Line Width: Allows you to adjust the width of the line for the Dynamic Gann Level lines. Moving the slider bar to the right increases the thickness of the line.

Line Colour: Allows you to adjust the colour of the Dynamic Gann Level lines.

50% Line Style: Expands to display the following properties.

Line Style: The Line Style property allows you to adjust the type of line displayed for the 50% Channel. There are 8 options available: Solid, Dots, Dash, Dash Dots, Long Dash, Long Dash Dot, Long Dash Dot Dot and Stippled.

Line Width: Allows you to adjust the width of the line for the 50% Channel. Moving the slider bar to the right increases the thickness of the line.

Line Colour: Allows you to adjust the colour of the 50% Channel line.

Transparency: Use this slider bar to adjust the transparency of the 50% Channel line. Moving the slider to the left will increase the transparency.

Tool Transparency: Use this slider bar to adjust the transparency of the tool. Moving the slider to the left will increase the transparency of the tool.

Visible: Un-tick this checkbox to hide the tool from the chart.

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