The described tools represent spreadsheet-based instruments designed to assist in applying the techniques developed by W.D. Gann, a well-known market theorist. These instruments leverage the computational capabilities of spreadsheet software to automate complex calculations related to Gann’s angles and geometric patterns, aiming to forecast potential price movements in financial markets. These spreadsheets typically incorporate formulas and visual aids to plot Gann angles, fan lines, and wheels on price charts, offering a framework for technical analysis.
The adoption of these tools is motivated by the perceived benefits of Gann’s methodology, which suggests that time and price are geometrically related. By using spreadsheet-based calculators, analysts can attempt to identify key support and resistance levels, potential trend reversals, and cyclical patterns. Historically, manual calculations were laborious and time-consuming, making the automation offered by these tools a significant advantage for traders and investors seeking to integrate Gann’s principles into their strategies.
