Calendar Bar Count

Last modified

sitmicon34.gifThis content is provided in support of the Safety in the Market (SITM) module for Your SOFTWARE and may not be applicable to your package. For more information, go to the Modules topic of this help.

Calendar Bar Count

Gann analysis would not be complete without a measurement of time. He understood that the market would have a similar movement on the horizontal or time axis as it does on the vertical or price axis. In applying this model, he discovered that certain time elements repeated very frequently, although some markets have their own ‘vibration' or time count.

The Calendar Bar Count tool will allow the tracking of a user defined calendar day period from an anchor point, and display a time-line into the future with marks indicating where preset calendar day time periods expire.

A similar drawing tool, that uses trading days rather than calendar days, is the Trading Bar Count tool.

The default settings for the Calendar Day Counts are to show horizontal lines at 22, 30, 45, 60, 90, 120, 144, 180, 270 and 300 days, represented initially by red vertical lines at each time interval:

pscalndrbar.gif

Select the date from which the count is to be anchored, and left mouse-click. A line will appear with the preset increments of time displayed.

The tool will allow the red horizontal lines representing each count to be dragged lower or higher than the base line to highlight the count. The position of the labels can be top, center or bottom. Also the cursor will act as a count of Calendar days from the start date. By dragging left or right with the mouse you can see how many calendar days there are between any point on your chart in relation to the start date.

The time settings, as well as all aspects of each lines' display such as weight, type color, etc., can be controlled via the Calendar Bar Count Properties dialog box:

pscalbardialogbx.png

Other parameters which can be set by the user in the other tabbed pages include:

Settings

Start Date and Price

Manually set the starting point of your calendar day count.

End Date and Price

Initially set for the point of the second mouse click, it can also be manually set.

Extend Up and Down

Extend indefinitely in either direction the vertical lines used to represent each of the important time periods set by default.

Appearance

Adjust the colour, thickness and style of the main vertical and horizontal lines representing the start date and price.

Display Labels

Set whether or not labels are displayed on the vertical lines representing important counts and the position of the labels. Altering the position of the selected format can draw the labels either horizontally or vertically. You may like to place the labels at the top of each vertical line in an effort to keep the labels clear of the current market action. Remove the labels completely by removing the tick from the Display Labels box.

Intervals

The following information can be displayed for each important preset calendar day count.

Intervals

Toggle the display of all labels from the important counts automatically displayed.

Interval Captions

Toggle the display of the labels showing the number of days represented by each vertical line.

Date and/or Time

Toggle the display of just the calendar day count and/or the date corresponding to that time interval.

Font

Adjust the font of any displayed labels to suit your personal preference.

Calendar Days

Settings on the Calendar Days tab will allow you to vary the thickness of any of the vertical lines used to represent the important counts. You may like to make some counts more predominate than other counts as they hold more significance, 90 days would be a great example of one you may thicken and change colour. You can also change the default values for the important days displayed.

Page statistics
818 view(s) and 6 edit(s)
Social share
Share this page?

Tags

This page has no classifications.

Comments

You must to post a comment.

Attachments