Swing Chart Standard

Gann developed two different swing charts, the Standard Swing Chart and the Main Trend Swing Chart. In the Ganntrader the Main Trend draws a line up or down if the price bars make higher highs or lower lows for at least 3 days in the same direction. Inside days are ignored. The Trend Line or Swing Chart is drawn up or down depending on whether the price penetrates the previous swing by a certain number of points. Gann used 3 days, sometimes 2, days for the Main Trend and 1/4 point for soybeans. His descriptions for them leave a number of unanswered questions. They are simply a trend following system. If a market is making higher highs the trend is up. If a counter-trend move exceeds the previous counter-trend move the trend may be about to change. The MT and SW indicator can be selected under the View menu or by clicking on the MT or SW Tool Bar icon.

□7/11 08/14 09/17 10/21 11/24 12/28/2000 01/31 03/06/2001

MT Swing Chart

□7/11 08/14 09/17 10/21 11/24 12/28/2000 01/31 03/06/2001

MT Swing Chart

Motorola lnc:NVS CUL. Scale = D.125 Bot = 8.325 Top = 45.2 SHI

Motorola lnc:NVS CUL. Scale = D.125 Bot = 8.325 Top = 45.2 SHI

□7/11 08/1409/17 10/2111/2412/28/20D001/3103/06/2001

SW Swing Chart

□7/11 08/1409/17 10/2111/2412/28/20D001/3103/06/2001

SW Swing Chart

Motorola IncWS tflL, Scale = 0.125 Bot = 8.325 T«p = 45.2 Sill HT

Motorola IncWS tflL, Scale = 0.125 Bot = 8.325 T«p = 45.2 Sill HT

07/11 08/14 09/17 10/21 11/24 12/28/2000 01/31 03/06/2001

SW and MT Swing Chart

07/11 08/14 09/17 10/21 11/24 12/28/2000 01/31 03/06/2001

SW and MT Swing Chart

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