Michael S. Jenkins teachings

Really.

What does that mean.

USDCAD: Low of High Bar H1+H4+45 Angle Resistance+Octaves

Meaning, don’t run for the gaps to be filled instantly. It could take an hour to few days to few weeks to years.

Hi Swede, my broker allows the use of MT4 and MT5. They have a "wallet" concept so you can move funds to/from your wallet and apply the funds to your various MT4/MT5 accounts - nice and easy to move between them. So, I have been looking a lot at MT5 recently given that it handles scaling so much better.

As far as the JSA script goes, it is an MT4 script and will not work on MT5. If the source JSA script MQL4 code was available, it could be recompiled on MT5 unless it was using any coding approaches/commands/functions that are not directly supported on MT5. In that case, the source code could be amended to run on MT5 and then recompiled.

However, I am currently working on a number of things in this connection. First, as you know, I've developed an "Octaves" indicator that will select the highest/lowest bar on the screen and draw the Octave grid. This is an example of the initial "range" selector (the diagonal line). With that section of the chart and its range of bars, it automatically selects the highest/lowest bar range:-



This is after you press "D" for display:-



You can obviously adjust that grid size and manually choose the high/low if you want to. That is done and works fine but in addition to that, I am adding support for the horizontals lines to be based not on just Fibs, but, Jenkins Natural Ratios, Sqrt and Sqrt(Sqrt). In this case, you will use the high/low selector line to choose whatever high/low or low/high you want and the generated S/R horizontals will be drawn beyond based on that initial high/low range for a user-defined number of values, say 20 S/R levels above the originally selected "impulse" move. You might choose this as your impulse:-



After pressing "D" to display, 20 horizontal S/R lines will be generated from the initially selected range based on Jenkins Natural Ratios, Sqrt or Sqrt(Sqrt). The difference between this and using Octaves is that the Octave fib lines are drawn WITHIN the range of the selected low/high or high/low whereas the Jenkins Natural Ratios, Sqrt or Sqrt(Sqrt) lines are generated based ON the selected low/high or high/low and extend beyond that initial selection. That code will run on both MT4 and MT5.

Finally, back to the JSA script! Whilst it is great, it is very inflexible being a script. For example, you cannot change timeframes without unloading it. As a result, I'm developing my own version of JSA as an indicator. It will allow changing timeframes and coming back to the original timeframe with JSA "resurrected" and exactly where you left it. It means that you drop the indicator on the chart, specify which timeframe it should run on and by definition, that means that you can have numerous JSA indicators on the SAME pair that can be configured to run on different individual timeframes. They won't interrupt each other and will only render on the timeframe they were configured to run on. My current Octaves indicator does just this, right now. You can have multiple Octives on different timeframes of the same pair. Also, the JSA book suggests that there is merit to having a range of retracements levels (say, 0/12.5/38.2/50/61.5/75/100) drawn in the JSA "box", with trend lines drawn from the JSA source high or low and cutting through the retracement levels in the JSA box and out through the JSA box top or bottom horizontal lines. When I have finished that, I can likewise compile the source on both MT4/MT5 because I am writing the code so that it will run on both platforms.

Probably a longer answer than you wanted but, that's what I currently working on.

Lots of motivation behind your hard work. It’s all Jenkins.

Stopped Out. Will try again if i see 4H High Bars Low broken

Wow...Roller Coaster Rides


Swede & DM: All Jenkins Stuff Continues to Impress me.

even on this wild day, EU, GU, UCAD have had perfect setups using Octave Levels, JSA, Offset Angles

only UCAD on one Trade hit my SL. All others have been pretty good.

Thank you all
leacher

11March -12 march big movement Reversal in EurUsd.......Posted same on 9th march

Expecting a turn on the 14th +/-

Not Jenkins but I think it's all related

These simple lines on USDCAD weekly chart make me a lot of pips today

Same for me on the euro short ...your chart looks bearish now ?

This is just crazy; gbpnzd +90.

The trend is still bullish, but I took a reverse trade at almost today high based on price action and the line drawn on the weekly chart.
I already took profit, which was an easy 130 pips.

Not sure whether my post is related to M.J. method. I want to apologize if it's not.

I think it is.

Perfect measured moves just now on the rally in the Nasdaq - market is so fast and volatile at the moment that I didn't trade them but interesting to note how effective they are even with the current extreme volatility

Super job,,,,all of you....if you take just the 3 or 4 teachings and adapt them to forex.....measured moves, octave levels, entry candles (low of the high bar, High of the low bar) and Jenkins Secret Angles, you can make a complete trading method without having to fight with scaling your chart where angles are concerned.....

Can we do a better job on any of these items, of course we can. Look at Winston's thread, very unique way of determining measured moves, and you can go to parisboy thread and see how he uses envelopes to determine the same things...support/resistance/extreme levels/history.

Anyway, I can see some of your advancement in some of the Jenkins stuff, and I think it is worth while...don't you?

Outstanding....those mt4? if so would love to try the indicator...

This covid19 virus is bigger that one could ever imagine. We are booked on Princess this summer, Noway, Sweden, Denmark, Talon and on to St. Pertersberg. Can you imagine being quarantined in a Russian port? Even if they are up and running by July we are thinking to cancel regardless. How would you feel having your portfolio in Cruise Lines, Airlines, Travel Industry...scary..

I must say this, we have taken several cruises with Princess the past few years and were always super impressed with their cleanliness....you can’t even enter a restaurant without them squirting your hands with cleanser...staff constantly wiping stair rails, elevators and on and on....one of the reasons we choose them...feel bad for what has happened..

EURUSD: JSA Short