Many Gann analysts use the degree levels as potential support and resistance points in the market, and they can work for any instrument in any time frame. This is why the distance between the 1st and 2nd 360 degree level is 17 (28 – 11) but from 3rd to 2nd the distance is 25. This is why the distance between each successive level is never the same: each subsequent rotation around the wheel is further to travel, so for example, the distance between the 360 degree levels grows wider and wider with each revolution. You will see the value will be the next number around the wheel. The Square of 9 chart is also known as a square root calculator: pick a number on the chart, take the square root, add two, and re-square. You will see the relationship between the classic Square of 9 wheel and the levels in the tool in this image: Whilst they are 360 degrees apart from each other they are 180 degrees from the center. Similarly, the 180 degree levels are half way around from the center starting point and directly opposite the 360 degree levels, i.e. As each number is one complete revolution around the Square of 9 from the previous number they are said to be 360 degrees apart. Looking at the classic Square of 9 wheel you will see where these numbers appear: all are on the horizontal line to the left of the center value of 1.
When the Static Square of 9 tool is applied to the chart (with a Price Unit of 1 – more about that later) the first 360 degree level will be 11, the second will be 28, the third 53, etc. The Static Square of 9 tool calculates price levels according to degree levels – or aspects – of the Square of 9 wheel, starting with 1 in the center. Not only have we taken the old wooden Square of Nine and made it fully interactive and customisable, but we have also developed a number of tools derived from it, such as the Static and Dynamic Square of 9. As such, we have created a number of tools that can save you hours of research and painstaking manual calculations in your chart analyses.
One of our goals at Optuma is to make advanced Gann analysis as simple as possible for our clients.
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