Cómo usar el abanico de Gann

Cómo usar el abanico de Gann

Understanding the Gun Fan Tool in Trading

Introduction to Gun Fan

  • Alexander Londoño introduces himself as a collaborator analyst at Active Trace broker, discussing the Gun Fan tool.
  • The Gun Fan is described as a diagonal support and resistance tool, similar to trend lines but utilizing specific angles.

Drawing the 45-Degree Line

  • To begin using the Gun Fan, a 45-degree line must be drawn using the angle trend line tool.
  • If the tool isn't visible, users can customize their toolbar by right-clicking and selecting available tools to add it.

Setting Up the Gun Fan

  • After establishing the 45-degree line (set at 315 degrees), users can overlay the Gun Fan on this line.
  • The central line of the fan should align precisely with the 45-degree line; this indicates a bearish trend while price remains below it.

Identifying Entry Signals

  • A break above the second line of the fan signals a potential buy entry point.
  • It's crucial to filter false breakouts; methods include waiting for a candle close above or measuring specific pips beyond 20 for confirmation.

Managing Trades and Stop Losses

  • Once an entry is confirmed, set your stop loss at the last minimum before price direction changes.
  • Adjustments are made by moving both trend lines and fans based on new minima or maxima as trades progress.

Exit Strategies

  • Maintain positions while prices stay above key levels until they break below them, indicating an exit point.
  • For sell entries, reverse steps: identify significant highs and draw corresponding lines to determine entry points when prices drop below critical levels.

Final Considerations

  • As trends evolve, continuously adjust your tools; remove unnecessary lines once established patterns are clear.
  • The focus remains on maintaining positions until definitive breaks occur in either direction for optimal profit-taking.
Video description

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