Python Function for Gann Square of 9 Calculator

Defining the Gann Square of 9 Intraday Strategy’s Algorithm​

Please go back and complete the previous lesson.

As of now, there hasn’t been a comprehensive analysis or report available for this strategy. In this section, we will walk through a detailed, step-by-step backtesting process of this well-known strategy, providing a thorough and clear explanation at each stage.

Micro Conditions For Stabilizing the Strategy

In the realm of market dynamics, it is imperative to consider micro conditions that can significantly influence the stability and effectiveness of our strategy.

Market Volatility at Opening

• One notable factor is the inherent volatility observed at the commencement of trading hours. This heightened volatility can largely be attributed to liquidity fluctuations within the market.
• Additionally, brokers often face a surge in trade requests during this initial period, leading to a notable number of trade rejections as their systems contend with the influx of orders triggered at the market’s opening.

Optimal Entry Point

Consequently, it is prudent to consider an entry point at a later juncture, specifically 10 minutes past the market’s opening, which typically aligns with 9:25 a.m.