You can change the trading duration of whatever security you are trading - - default is 24 hours works fine for Forex Crypto. It is based on Mark Fisher' s ACD Method. Try ACD PV Metatrader indicator in your mt4 platform. ACD PV indicator. The ACD method is based on the opening range of any instrument ( currency in our case. or g/ j in this case.
The old version had some clunky old instructions extra code that I have removed made easier to modify. The ACD method developed by Mark Fisher is not based on ATR. Whilst predominantly for forex ( fx) trading the popularity of the platform has allowed for expansion into other financial markets such as commodities and futures.
The trade was entered when the equity traded at the A up, exited ( stopped out) when it traded below the B exit at the bottom of the opening range. Acd handelsmethode forex. Spotting Breakouts As Easy As ACD.
A C down trade was entered with a stop ( D exit) in case the index closes above the upper limit of the opening range.
Handelsmethode Forex The ACD method developed by Mark Fisher is not based on ATR. It is based on daily Open range and A up/ down and Cup/ down are counted every day depending on Open range. I use this levels of 10% of ATR and 22% of ATR as refrence points in my charts, sometimes for exit from opened positions.
Handelsmethode Forex The opening range of g/ j is between 2: 00 to 2: 30 AM ( GMT) I draw a line at the high of the opening range and a line at the low of the opening range. ACD is just the beginning you have to understand the other layers fisher talks about to really use his system the way it was designed. Thanks for your reply.
This is a modification of ACD for Trading View created by pengkwai.
The ACD method is based on the opening range of any instrument ( currency in our case. or g/ j in this case.