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Time by Solar Degrees

Written by Leah Klar Friday, 07 August 2009 11:06
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Time by Solar Degrees (also known as Solar Degree Intervals) is a unique way of looking at the market. Initially developed by W.D. Gann in the 1920's, Time by Solar Degrees in Market Analyst 5 has evolved to provide you with a mechanism to use solar information to help you trade.

The Time by Solar Degrees tool in Market Analyst will display a number of vertical lines on your charts based on degree separations. Each of these lines can represent a likely place where the market will turn. The degree separations are user defined, so it is up to you to work out which degree separations work best. Gann always preferred numbers such as 49 and 144.

Applying a Time by Solar Degree Tool

To apply a Time by Solar Degree,  select the tool from the Tools menu.  Once selected, left click once on the bar you want the tool to start from.  Then move your mouse to the left or right of the anchor line.  Left click again to apply the level lines to the chart.

Time by Solar DegreesActions and Properties

Actions

Reverse:  Click this action to reverse the direction of the level lines.

Add Level:  Click this action to add a new level line to the tool.

Properties

GMT Offset:       The Time By Solar Degree GMT Offset option allows you to define to the minute the solar analysis for the selected exchange security.

Direction:  Adjust the levels between going forward in time (from the anchor point) or backwards in time.

Line Type:           Allows you to select the type of line displayed by the Time by Solar Degrees tool.  There are 7 options available.

Width:    Sets the width of the Time by Solar Degree lines.

Colour:    Allows you to select the colour of the Time by Solar Degree anchor line.  Clicking on the drop down arrow will display a colour swatch.  Locate the desired colour and left click it once to select it.

Degree Lines:  Opens the levels window which can be used to add / remove additional degree lines to this tool.

Text Angle:  Allows you to change the date label from Horizontal to Vertical.

Font Size:  Use this slider bar to increase / decrease the size of the label text.

Font:    This property allows you to customise the look of the font used in the tool. You can change the font style, make the font bold, italic or underlined.  You can even change the colour of the font.

Show Labels:  Check this box to display the labels located at the top of the level lines. Uncheck the box to hide the labels.

Visible Labels:  Expands to show each value included in the labels.  You can untick specific labels (such as degrees for example) so they no longer display.

Full Height Lines:  Tick this checkbox to extend the lines across the entire height of the page.

Tool Name:  Allows you to adjust the name of the tool as it is displayed in the Structures Panel

Transparency:    Use this slider bar to adjust the transparency of the Time by Solar Degrees tool.

Visible:    Un-tick this checkbox to hide the Time by Solar Degrees tool from the chart.

Last modified on Monday, 17 August 2009 10:27