I recommend that you plot the charts as OHLC charts, as I’ve done
with every example in this book. After you’ve plotted your charts as OHLC,
create another set of charts of the same securities and time frames using
Japanese Candlesticks, along with any other analysis tool with which you are
familiar or would like to observe (moving average, MACD, and so on). Keep in
mind that, for the purposes of practicing recognition of Gann’s signals, it is best
to plot any indicators separately on the chart (below the price bars), not overlay
them on the price action.
Finally, I recommend keeping the colors of the charts simple, as I have done
in this book. Use black OHLC bars against a white background. Some charting
systems plot bars in green when the closing prices are above the opening prices,
or plot in red for when the closing prices are below the opening prices. This
might be helpful with your current trading, but it will likely confuse you in your
initial practice of applying Gann’s basic methods.