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You can approach this in several ways: 1. Hire a trainer at your local gym and have him/her design a basic weight lifting routine. 2. Use the three core exercises of power lifting: Squat, deadlift and bench press. It is strongly recommended that you consult with a power lifting coach, not...

This is the legendary power lifter Larry Wheels. He has been extremely open in sharing what specific drugs he is using. A few years ago he also shared the results of his blood test. His total testosterone was nearly zero as a result of using so many anabolic steroids at high dosages! As one of...

Can you please elaborate?

Thank you for posting a few of your trades. No offense was intended in any way. Usually trading such strong trending sessions as today's via only the tape, can be highly problematic as lack of context (i.e. identification of higher fractals) may result in taking the wrong trades.

Congratulations and thank you for posting your chart. Can you kindly walk us through some of your trades and state the reasons for each? It is likely that you agree that the Gaussian's on your chart do not adhere to the guidelines which were posted by the late JH or Spydertrader. Hence it is...

Thanks for posting your chart, tiddlywinks. So it appears that you wait for either b2b->2r->2b | r2r->2b->2r to complete and then wait for Signal For Change (SFC) which will be your entry, exit or reverse. If so, I follow a similar routine. The difficulty is that if a position is held after...

Can you kindly illustrate this point by an example from one of your charts? I tend to agree however this technique can be lead to problems in fast moving markets. Perhaps you have developed ways that avoid such issues.

I have the same version and I see no problems. What error are you seeing?

Use the excellent channel tool provided by Pepe to facilitate the drawing of your tapes and channels: https://www.elitetrader.com/et/threads/software-used-to-trade-jack-hershey-methods.97684/page-84#post-2154222

Sprouts It is peculiar that that you labeled the inside bar on May 18th as a FTT. The volume sequence for this move from the 15th can be best described as a R2R which predicts a brief 2B retrace then followed by a final down move that we all know as 2R. This did not occur and we are left with...

Well, there are many versions of Jack Hershey Method(s). The latest incarnation is here: https://www.elitetrader.com/et/threads/fractal-theory-redux.303677/ Another very popular version is this thread: http://www.traderslaboratory.com/forums/technical-analysis/6320-price-volume-relationship.html

It is not clear what your intent is, but it is likely that at some point you will need access to a price\volume chart. If so, rather than creating patch work of multiple applications, consider using NT 8 for all of your needs. You will probably not need a vast (100k or 1M rows) amount of data...

No, I was not. However the topic of 'degapping' came up often in the TL thread and what I wrote above is what was relayed by one of the posters.

A chart type can be created in Ninjatrader (NT) that can do this but it requires a bit of advanced programming. If by 'degap' your intention is to adjust a bar such that its high or low is modified, then you are essentially creating a synthetic bar. It is doubtful that such tactics will result...

Once again thank you for creating these diagrams. On the top left quadrant, you have written '++V' below the HHHL bar. '-' is written above 'LLLH' bar. Similar markings are written on each 'diamond.' Can you please elaborate as how to read these diagrams? Thanks very much in advance.

Thank you very much for such an interesting post, Sprout. Would it be possible to demonstrate this concept on a chart?

Well, here is the criteria that Spydertrader used to generate the Hershey universe: 1. 10 < price < 50 2. 50M < float < 60M 3. 65 day average volume >= 200K 4. EPS > 0 5. Percent held by insiders > 25 6. Percent held by institutions > 25 The above algorithm is also used by Trade Navigator as...

Yahoo Finance's queries are now returned in JSON format which require the correct module to be used in the URL. I'm working on retrieving a full list of Hershey filtered universe from Yahoo Finance. I will make the project available upon completion.

I fully concur with your sentiment. Perhaps what we should do is to derive or recreate this framework from the fundamental concepts. Yes, this is the proverbial reinvention of the wheel. However through this process, we will be able to fully comprehend the operational details of the market...

So what are you suggesting? The original method or JHM 1.0 as you call it, is an attempt at creating a 'standard model' of the market. Many have taken all or parts of it and supplied their own addendum to fill in the gaps. JHM 2.0 was an attempt by the late Jack Hershey to create a more...