Technical Studies Reference
Square of 9
This study calculates Gann's Square of 9 indicator.
Add this study to a chart. Set the Anchor Value, Degrees, and Level Inputs. This study will draw a line at the specified Anchor Value and at the positive and negative degrees from the Anchor line as specified by the Degrees and Level Inputs. To get multiple degrees you need to add this study multiple times to the chart using a different Level Input for each.
If you find that your price graph is getting compressed by the Square of 9 lines, then set the Scale Range Type in the Scale settings for this study to Same As Region.
- Anchor Value: The user designated starting level for the calculations. This is usually a significant high or low in the chart.
- Degrees: The degrees that you wish to use for the calculations.
- Level: The degrees level for the lines. For example, if Degrees is set to 22.5 and the Level is set to 1, then lines are drawn at positive and negative 45 degrees from the Anchor Value. If Degrees is set to 22.5 and the Level is set to 2, then the lines are drawn at positive and negative 90 degrees from the Anchor Value. And so on.
*Last modified Friday, 21st April, 2017.