If any of you have had the opportunity to listen to the 7 hour MSJ video you will come across a section called Square the Range. He states after an in depth explanation, that this is his favorite method for determining support/resistance and most of his analyses begins us with squaring the last important impulse wave.
We showed a few illustrations using this method, and I knew instantly just how accurate it was.....but because we were using mt4 there was a problem....drawing.
First you had to use your cycle tool to determine the verticals, then the fib tool to divide the square by 4, then overlay the two with trend lines to form the grid. Then when you need your fib tool, or cycle tool, it was reprogrammed to do this job and had to be programed again for its normal use.... Well, this is fine on your weekly chart, but just plain irritating if trading small time frames. (btw...works on all time frames)
We have someone who has finally built a grid for those who want to use this method...it is jeanlouie who has coded a rectangle/square/tool just for us to use in this method...it is fantastic, there is so much you can do with it....dont forget to send him a thank you....I have been trying to get someone to build the grid for mt4 for 5 years....and finally found the man that can do it....
few charts to consider....
We showed a few illustrations using this method, and I knew instantly just how accurate it was.....but because we were using mt4 there was a problem....drawing.
First you had to use your cycle tool to determine the verticals, then the fib tool to divide the square by 4, then overlay the two with trend lines to form the grid. Then when you need your fib tool, or cycle tool, it was reprogrammed to do this job and had to be programed again for its normal use.... Well, this is fine on your weekly chart, but just plain irritating if trading small time frames. (btw...works on all time frames)
We have someone who has finally built a grid for those who want to use this method...it is jeanlouie who has coded a rectangle/square/tool just for us to use in this method...it is fantastic, there is so much you can do with it....dont forget to send him a thank you....I have been trying to get someone to build the grid for mt4 for 5 years....and finally found the man that can do it....
few charts to consider....
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