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.