Advanced Charting Tools - Gann Fan

To draw a Gann Fan:
  1. Select the Gann Fan Tool.
  2. Left click where you want the Fan to start, continue holding down the mouse button until reaching the final position of the fan, release button to place.

Resizing the Gann Fan:
  1. Select the Fan by clicking on it. 
    Note:  The formation is selected when boxes appear on the corners of the drawing.
  2. Click on one of the boxes to drag the selected point and release the mouse button to place.

Moving the Gann Fan:

Select the Fan by clicking on it.  Then, drag to the new location and release the mouse button.

Deleting the Gann Fan:

Select the drawing by clicking on it then,  press the delete key on your keyboard to remove the Gann Fan.

Changing Properties of a Gann Fan:

  1. Right-Click on the drawing to view the properties menu. (see below)
  2. Properties that can be changed are:
    1. Foreground: Changes the line color for the fan.
    2. Background: Changes the color of the background for the fan.
    3. Line Thickness: Changes the thickness fan line.  Choose values from 1-6.
    4. Font: Changes the Font, Size, Style, and Color of the fan values
    5. Show Text: Select to view or hide the 1,2,3.
    6. Send to back: Changes the layer of the tool.  This option is used when more than one tool is in the same area of the chart. Click on Send to back when you need to access a tool under the 1-2-3 drawing.

Gann Fan
Gann Fans rise at 45 degree angles.  If the trend line is too steep, the rate of ascent is not sustainable.  A trend line that is too flat suggests that the up trend is weak.