In this post I will be reviewing the Gann Trader X trading system. This is a universal trading system based on W.D. Gann’s trading philosophy. It can be used to manually trade forex, stocks, commodities, indices and more. There is no previous trading experience required as the Gann Trader X system will give you clear and easy to follow signals when the 3 built in indicators it includes find a trading opportunity.
Gann Trader X Trading Strategy
The Gann Trader X core strategy used has been around for over 100 years which is a testament to its popularity. It uses William Delbert Gann’s “Square of 9” mathematical formula which is well known for predicting market cycles and trends. It does put a modern twist on the Gann indicator strategies and is very versatile as it can be used on any trading instrument and time frame. It includes 3 indicators that will give you clear signals when there is a trading opportunity so there is no need to constantly chart watch and you can monitor multiple instruments simultaneously.
The indicators can identify support and resistance levels. The indicators are the Custom Gann Grid, Trend Arrows and Market Strength. There are plenty of signals every day although I would personally stick to signals on the major currency pairs and higher time frames. This helps me to filter out noise from the lower time frames and also to lower trading costs when using an ECN forex broker.
Gann Trader X Summary
Overall, the Gann Trader X trading system is based on solid foundations and well known theories that have been around for a very long time. As with any system, I would try to have a good risk to reward ratio to ensure that I take signals only where the reward is greater than the risk so that I do not wipe out winning trades with one loss.
There is a good amount of content included with custom indicators and signal alerts being the core of the strategy. There are free Gann indicators available online but these are unique and combined with additional filters making it an original trading system for any asset.
It comes with detailed instructions, screenshot examples, full support and a money back guarantee. If you have had any interest on W.D. Gann’s theories then this system may be of interest to you.