Using DGLC to calculate Gann Levels has never been easier! After launching the program, the Splash Screen will display briefly and then close automatically; at this point the DGLC GUI (Figure 1) will be displayed.  

 

Once the GUI is visible, it's time to change the Decimal Setting for the output format.  By default, the program starts up displaying 3 Decimal Positions for the Prices and the Level Values.  Although this is adequate for many calculations, we've included the ability for you to change this setting in the range of 0 to 6 positions.  

 

Figure 1 - DGLC Graphical User Interface

 

NOTE: DGLC calculates the Level Values in real time if it has sufficient information to do so.  For example, the calculation cannot be made until all of the Prices have been entered - however, as soon as DGLC determines that enough information is present it automatically calculates and displays the Level Values for you.

 


PRICES

 

Begin your calculation by entering the respective Prices for Points A, B and C.  The following criteria apply to entering Prices and must be observed for the calculation to be completed:

If this criteria is not followed, the program will abort the calculation and display Error Control.  Although you may continue working with the program, as long as the Error Condition exists the calculation cannot be completed.

 

NOTE: If you have entered fewer or more numbers to the right of the decimal point than you specified in the Decimal Settings the program will adjust the number by padding it with zeros or truncating it.

 


DATES 

 

Next, select the appropriate Date ranges for the calculation by selecting the Dates from the drop-down Calendar adjacent to each Point's Price textbox. The following criteria apply to entering Dates and must be observed for the calculation to be completed:

If this criteria is not followed, the program will abort the calculation and display Error Control.  Although you may continue working with the program, as long as the Error Condition exists the calculation cannot be completed.

 


PROJECTION 

 

DGLC features two different methods for entering the number of days to Project into the future:

NOTE: The DGLC program uses a complex and sophisticated routine to calculate the number of business days as well as weekend exclusions.  This process is wholly dependent upon the speed of your CPU - for example, Projecting Forward 50 years may take 5 or 10 seconds on older processors.

 

The Date of Projection must always be greater than all other dates - if this criteria is not followed, the program will abort the calculation and display Error Control.  Although you may continue working with the program, as long as the Error Condition exists the calculation cannot be completed.


ERROR HANDLING

 

DGLC features advanced Error Handling to ensure smooth operation and intelligent feedback for the user to cope with any difficulties they might encounter while using the program. We've outlined each Error Handling schema below to help you diagnose and correct any problems:

Figure 2 - Error Message

Figure 3 - Error Control

 

 

The Error Control display is only visible when an Error condition exists that is interfering with the calculation.  This may be a single Error or a combination of Errors and they are always displayed in the order that DGLC encountered them.  

 

Review the Errors listed carefully and take appropriate steps to correct the conditions listed.  Keep in mind that by correcting one Error condition you may reveal a new Error condition further on in the calculation. Once all of the Errors have been corrected, the Error Control display will close automatically.

 

NOTE: While Error Control is displayed the calculation has been aborted.  In Figure 3 you'll see an example of a completed calculation that was being modified and generated subsequent errors.  Given that, it's vital to understand that the Level Values displayed are the result of the previous calculation and are therefore invalid.


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