Gann Swing Gap

The Gann Swing Gap scan searches for security’s, where the current Gann Swing Bottom is higher than the previous swing bottom (Bull Market), or where the current Gann Swing Top is lower than the previous swing top (Bear Market).

These settings would scan for a 3 period Gann Swing Chart (using the outside bar in the swing calculations, however ignoring inside bars) where the current swing low is higher than the previous low.  The Gann Swing Chart is using a 1 day time frame.

Market Type

•             Bull Market:       Scan looks for a Gann Swing Chart where the current swing’s low is higher than the previous low.

•             Bear Market:     Scan looks for a Gann Swing Chart where the current swing’s high is lower than the previous high.

Gap Type – Greater Than 0

 Gap Type – Less Than 0

 Bar:        Sets how many consecutive higher or lower bars must occur before a swing will turn. For example, if set to three, there must be three successive higher bars before a down trending market will swing up.

 Outside Bar Calc:             Sets how outside bars are used in calculating a valid swing.

Use Inside:         If this option is checked, Inside Bars are used in counting swings, otherwise they are ignored.

 Use Breakout:   Takes large price movements into consideration if the high or low of a swing is broken before the set number of bars have occurred.  Can only be used on a Swing Chart using more than 2 bars.