Add Gann Fan

Brief

The article explains hoe to add a Gann fan to a chart.

Details

To add a Gann fan to a chart

1. Select the Add Gann Fan tool in one of the following ways:

• On the toolbar, click the Add Gann button.
• On the toolbar, click the Add Gann arrow , and then click Add Gann Fan.
  To choose the drawing mode, point to Add Gann Fan and then click a mode of your choice.
• On the Insert menu, point to Gann, and then click Add Gann Fan.
• Right-click in the chart, point to Chart Elements on the shortcut menu, and then click Add Gann Fan.
• Press G.
  
  * In the FXCM Trading Station, you can also select the tool in the following way:
  On the Charts menu, point to Insert, point to Gann, and then click Add Gann Fan.
2. Choose the two points through which the Gann fan middle line will go: point to the place on the chart where the line will start and drag the pointer to the place where the line will end. All the other lines are drawn automatically from this line.
   The points will be automatically adjusted according to the selected drawing mode if necessary.
   The Add Gann Fan dialog box will appear.
   
   
3. Change the Gann fan levels on the Levels tab if necessary:

• To change the set of the Gann fan levels the lines of which will be displayed, select and/or clear the appropriate check boxes.
  
  Notes:

• To select the full set of levels, click Select All.
• To clear the selection of levels, click Clear All. Note that to show a Gann fan on the chart, at least one level must be selected.
• To change the style of level lines, in the appropriate boxes, click the color, style and width of your choice.
• To show the Gann fan in background, select the Show in background check box. Otherwise, clear the check box.
4. Change the Gann fan parameters on the Parameters tab if necessary:
   
   

• To change the name of the Gann fan, in the Name box type a new name.
  
  Note: To restore the default Gann fan name, click Reset.
• To show the Gann fan label, select the Show label check box. Otherwise, clear the check box.
• To show levels in the legend of the level lines, select the Show level check box. Otherwise, clear the check box.
• To change the color of the legend level, click the color of your choice in the appropriate box.
5. To change the Gann fan position on the chart, click the Position tab. The dialog box opens on the Position tab.
   
   

• To change the price and date and time at which the middle line starts or ends, in the appropriate Rate and Date boxes, select or type the necessary price and date and time.
  
  Notes:

• To apply the modified properties (except for Name) to all Gann fans to be added in the future by default, click Set as Default.
• To restore the factory settings, click Reset.
6. Click OK.

Notes:

• You can use the Gann Fan tool until its time period specified by the Tool timeout option expires. To change the time period, see the Chart Element Options] article.
• To disable the Gann Fan tool, do the same actions as for selecting the tool or one of the following:

• Right-click in the chart.
• Press ESC.