They are :

• Gann Square Range
• Gann Squares
• Gann Square Top/Bottom

I personally made some changes to the Gann Squares and Gann Square Top/Bottom tool a couple of months ago to add some extra flexibility to how it worked.  This was in part to suit my own analysis where I wanted to experiment with using different factors in price and time (pi is very interesting as a factor).  In an absolute brain failure I reversed the effect of the "Price Factor".  As al I was trading with at the time was the SPI index, my factor was 1 and I did not see the fault (dividing and multiplying by 1 does not cause a problem), but in stocks, or anything with a decimal point, this is an issue.  

If you have been using these tools, you have probably been adjusting the values to try to compensate.  Those adjustments will need to be changed after the next update.  The way it should work is that you need to set the "Price Unit" to whatever is one unit of price, ie for a stock 0.01, for an index 1.  Then the true Gann Squares would have the "Time Factor" and the "Price Factor" both set as 1.  This is the way to make the new squares match how they worked before I introduced the factors.  Then you can experiment with different time and price factors.

The Gann Square Range tool has had a problem in it since it's last development which is nearly four years ago.  When using the third style option "Time & Price", it counts the time difference in bars but calculates the end of the box using calendar days.  This has been fixed in this update as well.

I apologise for any inconvenience these changes cause and trust that these new modifications will assist you in unlocking even more power from these wonderful tools.

Best Regards,

Mathew Verdouw

Managing Director