One of W.D. Gann's most powerful planetary tools was the Gann Planetary Lines. These convert planetary angles to price in order to determine areas of support and resistance. Like many of W.D. Gann's other tools, these can be very very accurate with the right settings but requires user input and tuning to refine the lines to fit each individual asset's price action.
Inputs:
Inputs:
- Radix: Default is 1. This represents the price/angle scale, adjust this in multiplies of 2 for best results. Negative and decimal values are supported and encouraged for use as well.
- Angle Divisions (stdsplit): The amount each major angle is split.
- Number of Lines: Number of Plots to draw.