Gann Fan Trading Strategy Insights and Backtest Results
The 1X2 means the angle is moving one unit of price for every two units of time. Finally, the 2X1 moves two units of price with one unit of time. Using the same formula, angles can also be 1X8, 1X4, 4X1, and 8X1. Traders should also be aware that Gann Fans alone may generate false…