Questions to Jack Hershey

ocean5 · Jun 12, 2012

Quote from TIKITRADER:

Was Nkhoi the writer of the volume check script for ninja ?
He may be able to answer that.

Hi Tik,Chris ''Real'' Rea speaking...nothing but bluuue skyyyy,so turn it up!

Okkkaay...yes,you are right,Nkhoi was.I asked about this glitch in the ''Hershey snippets'' thread,but there were no responses. On the price i see the ''5''LOL..what the hell that may mean...and on volume ''i'' things appear.Maybe some Ninja glitch.I have same the script on another laptop,but there everything is ok...

RCG Trader · Jun 12, 2012

Quote from baro-san:

I hope RCG doesn't mind that I sampled selected slides from his video into an animated gif. From this it can be seen how the annotations are built from the right side of the chart (present) toward the left (past), starting with a vertical line that is gradually sloped to establish the RTL. My original question / suggestion was if it's not more natural to start the annotation from the left of the chart (past) and build it towards the right (present), starting with a horizontal line that is gradually sloped to establish the RTL. This right / left discussion is different form Jack's price moving dominantly from right to left (RTL toward LTL), and non-dominantly left to right.

It may be that the method suggested in the video makes more sense, but I can't see why.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3549909>

No, not at all baro-

In fact, I will put up any videos in the Hershey collection that are needed to bolster a discussion.

RCG Trader · Jun 12, 2012

The drawing of channels needs to start in the now, and go backwards. If you do it that way, it is easier to spot an FTT in a timely manner.

ocean5 · Jun 12, 2012

Tiki,did you ever try to scratch 200 contracts out?Do you think it`s gonna work to scratch 200 cars a pop?

It`s me,btw,Rikki-Tiki-Tavi

pythontrader · Jun 15, 2012

Quote from ocean5:

Tiki,did you ever try to scratch 200 contracts out?Do you think it`s gonna work to scratch 200 cars a pop?

It`s me,btw,Rikki-Tiki-Tavi

He can do 500. And Jack can do 1000. 10 times the capacity of the market you know... Where is the genius anyway? I guess he tried 20 times the capacity this time and still resetting the simulator. The video will follow.

PS: Enjoy the time you are loosing. Jack's help comes in handy.

frenchfry · Jun 15, 2012

If I remember correctly it is a font you are missing. It was mentioned in the "Software used to trade JH method". Install that font.

Quote from ocean5:

Hi Tik,Chris ''Real'' Rea speaking...nothing but bluuue skyyyy,so turn it up!

Okkkaay...yes,you are right,Nkhoi was.I asked about this glitch in the ''Hershey snippets'' thread,but there were no responses. On the price i see the ''5''LOL..what the hell that may mean...and on volume ''i'' things appear.Maybe some Ninja glitch.I have same the script on another laptop,but there everything is ok...

ocean5 · Jun 15, 2012

Quote from frenchfry:

If I remember correctly it is a font you are missing. It was mentioned in the "Software used to trade JH method". Install that font.

You mean the font in the OS?I have the same script on both computers,but on one it shows ''P'' and on another that freaking ''5'' and ''6''

frenchfry · Jun 15, 2012

Yes. the OS font. It was answered in that thread and the font was even uploaded. I know it takes a few minutes but if you go through that thread you will find a link to the zipped font.

SK0 · Jun 23, 2012

Hi Jack.

What should I look for in OTR to DECIDE the harmonic whether is even or odd? Is it by the volume velocity? A few lines should be sufficient.

Thank you and best wishes.

SK0

ocean5 · Jul 14, 2012

Quote from jack hershey:

This is a superior question.

The pace lines are calc'ed as shown in the Hershey coding and programing thread

your focus is on what a Quant would think he is seeing as a "wide tail". BUT it is not a wide tail at all it conforms, within stated limits to a gaussian distribution.

This region you address as well as the lowest region, has only exactly half the influence of the four main and central regions.

These six regions each have their purposes. the region you mention is a "breakout region". The lowest region is the same.

the remaining four major relative regions are most important. these are the regions of the fewest surprises to the most experienced and biggest money traders. Since most money velocity can occur frontrunning the "big fish" it is important to profit effectively and efficiently during the most reliable parasitic trading periods.

If you get setup to "see" the markets and the PEOPLE who influence, you will be putting in place a ten way division of all trades that are compiled into 6 regions: two tails and four main regions. This IS science handling the PEOPLE factor in trading.

Notice your "short stitch" being annotated in price. Also notice where it is in trending segments.

You have an oppotunity to behave. You did ask a question that indicates a major visual short coming most chart readers have. Here I have posted my first chart. It shows when volume is used to measure trends and it shows when volume is not used to measure trends.

Amazingly you can read posters here that think each bar is equal when in reality some bars count and other bars count not at all. How difficult could it be to differentiate the two subsets of bars?

The bars on my first chart have three colors (red black and blue) Look at the chart being used to instruct me. Mono. Why? Two other price values are missing on each bar. Why? I am not going to delete this information on my charts simply because it would deprive me of available information.

A-HA.I see.It`s kinda Ready-Steady-Go those pace lines.Okay