Basic Overview
Time and Price Square areas help to identify changes-in-trend, such as those found at the end of an Elliott Wave Three, Four or Five, or in A-B-C corrections as well as intermediate and minor price swings.  Time and Price Squares in Advanced GET are values determined by Fibonacci (Price) and Gann (Time).

Fibonacci Primer
In the 13th century mathematician Leonardo Fibonacci de Pisa discovered a sequence of numbers, where each number in the series is the sum of the two previous numbers.  (For example: 1+2=3, 2+3=5, 3+5=8, 5+8=13, 8+13=21, and so forth.)  Some Fibonacci numbers: 13, 21, 34, 55, 89,144, 233, 377, 610, 987, 1597, 2584, and 4181.  To fully understand the meaning and significance behind this discovery you can read the dozens of books available on the subject, or you can accept on face value the importance of this discovery.  Fibonacci has been identified as a mathematical tool that can be used in technical analysis to help improve predictive abilities.
Gann Primer
W. D. Gann numbers are even harder to explain.  A simple definition– Gann believed that every price at which a stock or commodity stopped in the up or down sequence was some sort of important mathematical point.  These points were determined either by the division of the “circle of 360 degrees” or by the square of 12, the square of 20, or the square or halfway point of some other number.
For the sake of simplicity the following (Time) numbers can be used \[number of Days, Weeks, Months, or Variable data bars]: 45, 90, 180, 270, 360, 450, 720, 1080, 1440, and 1800. Some other numbers that can be applied: 21, 34, 72, 144, 270, and so forth. When you multiple some of these numbers by 10 or 100 to get a sequence that looks like 450, 900, 1800, and so on.  We have also found the following can workwell: 23 (half of 45), 113 (90 + 23), 135 (90 + 45), 225 (180 + 45), and so on.
The entire scheme of multiplying is really market dependent.  For example, 90 (minimum ticks) is a good move from major lows or highs for the Swiss Franc but of course for the S&P it is not. Use appropriate Gann and Fib lines according to your scaling (to change values go into the Time & Price Squares properties box). Markets can also use the price sequence as support and resistance levels.  When the market trades into both a time and price sequence, this is called a Time and Price Square area. (These are marked below with a circle.)
Our tests show trading days to be more consistent than calendar days. This may be different from the normal philosophy, but this is our result. We have added the capability to use either calendar or trading days.
Combining Fibonacci and Gann Numbers
Theory is markets tend to change trends at certain numbers from a major high or low.  Our studies have concluded a combination of both Fibonacci and Gann can increase odds of picking up turning points.   The time sequences have tested out for all markets and time frames.  In addition, our testing shows trading days to be more consistent than calendar days.  This may be a different conclusion from standard belief; nevertheless this is the test result. (We have added the capability to use either calendar or trading days for this reason.)
Unless you have a favorite sequence, we recommend experimenting with the following combination of
numbers:
Fibonacci numbers 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, and so on.  We have found 72 works well (half of 144 = 72). In addition, you can multiple these numbers by 10 or 100 to get a sequence that looks like 130, 210, 340, 550, 720, 890, 1440, 2330, 3770, 6100, so forth.
Gann numbers 45, 90, 180, 270 and 360.  Other good numbers are 23 (half of 45), 113 (90+23), 135 (90+45), 225 (180+45), and so on.  You can us 720 (360 x 2), 1080 (360 x 3), 1440 (360 x 4), 1800 (360 x 5), so forth. You can also multiple these numbers by 10 or 100 to get a sequence that looks like 450, 900, 1800, 2700, 3600, 7200, 10800, 18000, and so on.
If you are having difficulty with the Time & Price Squares tool, edit the “Price Scale” to see if this helps. This selection is located in the Time & Price Square menu. (Highlight a T&PS line and click your right mouse button to activate this menu.)  By adjusting the price scale often generate correct results.  For example, with the Swiss Franc try changing the Price Scale to 0.0001, and for a normal stock try a 1.0 setting. They experimenting using price scale settings of 1.0, 0.1, 0.01, 0.001, and 0.0001.
Combining Fibonacci and Gann Numbers
Theory is markets tend to change trends at certain numbers from a major high or low.  Our studies have concluded a combination of both Fibonacci and Gann can increase odds of picking up turning points.   The time sequences have tested out for all markets and time frames.  In addition, our testing shows trading days to be more consistent than calendar days.  This may be a different conclusion from standard belief; nevertheless this is the test result. (We have added the capability to use either calendar or trading days for this reason.)
Unless you have a favorite sequence, we recommend experimenting with the following combination of numbers:
Fibonacci numbers 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, and so on.  We have found 72 works well (half of 144 = 72). In addition, you can multiple these numbers by 10 or 100 to get a sequence that looks like 130, 210, 340, 550, 720, 890, 1440, 2330, 3770, 6100, so forth.
Gann numbers 45, 90, 180, 270 and 360.  Other good numbers are 23 (half of 45), 113 (90+23), 135 (90+45), 225 (180+45), and so on.  You can us 720 (360 x 2), 1080 (360 x 3), 1440 (360 x 4), 1800 (360 x 5), so forth. You can also multiple these numbers by 10 or 100 to get a sequence that looks like 450, 900, 1800, 2700, 3600, 7200, 10800, 18000, and so on.
If you are having difficulty with the Time & Price Squares tool, edit the “Price Scale” to see if this helps. This selection is located in the Time & Price Square menu. (Highlight a T&PS line and click your right mouse button to activate this menu.)  By adjusting the price scale often generate correct results.  For example, with the Swiss Franc try changing the Price Scale to 0.0001, and for a normal stock try a 1.0 setting. They experimenting using price scale settings of 1.0, 0.1, 0.01, 0.001, and 0.0001.
As a general rule, use a primary pivot, a significant high or low point, as a starting point for your Time & Price Square calculation. However, take the time to experiment with other pivots to see how this can enhance the use of this tool.
In the next pages are Time & Price examples.

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