The Master Time Factor (MTF) is a cycle method developed by W.D. Gann. The MTF is used to forecast the markets by finding the historical cycle that is repeating in the markets at the current time.
As early as mid-January 1921, in crisp promotional style, Mr. Gann wrote: "Stocks follow a regular cycle and mathematical curve. By a certain time factor which I discovered am able to tell when they will be high or low."
And in 1923, he wrote in one of his books: "The most important thing of all is the Time factor, which I use in making up my annual forecasts. It is not my object here to give away that secret…"
Having attempted to determine when Mr. Gann discovered the Master Time Factor, the historian would want to know exactly what he had discovered. At this point historians run into great difficulties, because it would appear that throughout his lifetime it remained Mr. Gann's goal not "to give away that secret". He never says openly in any of his books or courses, "this is the Master Time Factor and here is how you use it".
A journalist once tried to get Mr. Gann to open up about "the time factor". From the way in which Mr. Gann responded, we may presume that the time factor referred to was indeed the Master Time Factor. His response of "that is my secret" shows how tenaciously he guarded his secret.
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