Gannalyst Professional 5.0: Free Download and Guide

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Gannalyst Professional, developed by Bill Veoten in 2000, has become a favorite among W.D. Gann traders. This software allows users to upload data via .csv, .pnr, or text files for detailed chart plotting and comes equipped with a wide range of customizable W.D. Gann indicators.

Gannalyst Professional Charting Software

Key Features

Customizable Indicators: Choose from various scaling options to suit your trading needs.
Data Integration: Supports Metastock data, though real-time data requires a paid subscription.
Training Mode: Backtest your strategies with historical data to improve your trading accuracy.

How to Download

While we don’t provide support for Gannalyst, you can download the freeware from select third-party sites as the original website has expired. Our cloud platform offers free access to keep this invaluable tool available.

Using Bitcoin Data:

To display Bitcoin (BTCUSD) charts in Gannalyst, follow these steps:

Step 1: Download CSV File

Obtain the Bitcoin .csv file from the Forex Metatrader 4 Platform by opening a demo account.
After installing MetaTrader, log in with your details. In the market watch section, select Bitcoin (BTC/USD) from the symbol list.

Step 2: Setup MetaTrader

Go to the “Tools” option in the menu bar and select “History Center.”
In the History Center, choose BTCUSD from the instrument list, select the desired time frame, and click the download button.

Step 3: Export Data

After the download is completed, review the historical data.
Click “Export” to save this data as a .csv file. If saving permission is restricted, save the file on your desktop and then copy it to the intended location.
Path is > This PC > Local Disk(C:) > Program Files(x86) > Gannalyst Professiona 50 > SampleData

Step 4: Configuring CSV Data

Ensure your CSV file is properly formatted for Gannalyst. The date format in MetaTrader (e.g., “2018.01.11”) may need to be adjusted to Gannalyst’s format (e.g., “2018/01/11”) using Excel. Save the properly formatted file as a .csv.

=SUBSTITUTE(A1,”.”,”/”) use this excel formula to format.

Setting Up Your Chart

Create New Portfolio:
- Open Gannalyst and create a new portfolio.
Select Data File:
- In the “Data File” tab, choose the .csv file you configured.
Adjust Settings:
- Follow the steps outlined in the Gannalyst interface. Pay attention to the addition of an option after “date,” which arises due to the “Time” field in the MetaTrader CSV file for hourly charts.
- Select the appropriate date format for the time axis.
- Click “Test Data Read” to ensure proper data display. If the data displays correctly, save the format.
Load Chart:
- Restart the software, then click on the “BTCUSD60.csv” file in the data tab. Your chart should load successfully.

Final Thoughts:

Gannalyst requires manual data collection and import, which can be time-consuming. It lacks automated updates, and using live feeds involves additional costs. However, its robust W.D. Gann features make it a valuable tool for long-term traders, with accuracy best verified through real-world market conditions.