Gann Grid

Gann Grid
It represents the intersecting sequence of Gann Lines lain on the cost chart. The teachings of Gann stresses on the significance of a forty five degree line showing a 1:1 relation between time and cost. When the cost trades over forty five degree line, it indicates a marketand when the cost trades less than forty five degree line it shows the downside market. It is the grid of various lines which is used for indicating the different trends of the certain item. It is madeof agroup of forty five degree angle. These are known as Gann Lines. The main aim of this grid is to focus on the trends which arebuilt at forty five degrees. The idea was offered by Gann who said that a line having a slopeof forty five degrees represents a permanent trend line. It can beincreasing or decreasing. In any of the way, this will display the trend of the market.