How to execute trade based on this system.
To trade using this system in intraday you need to take the LTP of index or stock after 9:05 am in morning.
Ideally you should take the Weighted Average Price of any stock or scrip between 9:05 am - 9:15 am.
However, after 9:30 am, you should only take LTP of stock or index.
Idea is in early few minutes there is lot of volatility in market, so to decide fair price we should take Weighted Average.
Many s it is not possible for many to start trading from 9:00 am. In that case, those who start trading after 9:30 am, can take LTP.
Now lets say you get the price as 5152.
You enter the price in Gann Calculator
You will get the square that looks like below |