Planet Lines From Top or Bottom
A new indicator that draws planet lines from tops and bottoms has been
added to the MarketWarrior program. The indicator will perform the method
described in Chapter 5 "W.D. Gann's Fourth Dimension of Market Movements" of
the book "
Gann's Scientific Methods Unveiled: Volume
2" written by Patrick Mikula in 1996. The picture below shows the new
indicator drawing planet lines downward from a recent top in Gold futures. You
can see that a top formed at point "A" on the Venus line, a bottom formed at
point "B" on the Venus line, a top formed at point "C" on the Mars line, and
finally bottom formed at point "D" on the Venus line.