Search results

TLT tested the daily A down at 115.99 and bounced. I have a confirmed weekly A up, so this trade could work out nicely.

SPY is testing my 6mo A of 134.3. This has been an extremely strong opening to 2012. I'll follow the numbers, but the caution flags are flying.

Do the algos have ACD numbers programmed in? It's uncanny how well they work to provide at least temporary support and resistance.

There's the breakout and confirmation of the SPY daily A up.

I have a January monthly A up of 134.22 which is about where the flag measures to. I guess I'll reset the monthly numbers today as I havent convined myself that any other day is better than the first day of the month.

True, it was a scalp only. The trend is still up and I'm now waiting to see if that intraday bull flag is going to break out.

SPY hit dead on and reversed off the daily A up. These fades are golden!

Same here, SPY missed my daily A down by several cents, but close enough to call it a failure.

I’m starting to appreciate mavericks repeated response that everyone has to figure out their own levels. I ran my ACD methodology on SH and got a daily A up of 38.98 and A down of 38.75. The range so far today is 38.98 to 38.73. It’s likely that few others have these exact numbers, but...

SPY is trying for the A up now

amsterday, take this for what it's worth, I'm new to ACD. If your OR is 20 minutes, you need price to be above/below for half the OR (10 minutes in your case) to confirm the A. You can trade using 5 minute candles, but dont confuse the OR duration with your trade time frame. On the weekly...

It’s almost the end of January and almost time to set new monthly A values for February. I’ve been at this for just a short time so I’m still working though the details and use only SPY as I learn ACD methods. I currently use one day RTH for the monthly OR. While it would seem intuitive...

and closes below it by 8 cents.

SPY is testing my weekly A up now

SPY now has a confirmed daily A up

This is one of the immediate benefits I'm seeing in this system. There are a ton of people calling a stock market top here, and they may eventually be right. But ACD should keep you on the right side of the market longer.

Well that didnt make any sense! I use the same number of periods to calculate the ATR for different time frames, but of course the value of ATR is different for each!

Understood, I'm just trying to get a feel for methodology. I currently use the same ATR for all time frames and am adjusting the the factor to be applied to see what works best. Thanks for your posts and willingness to share through all these pages!

I'm new to ACD, but am working my way through the book and have started a spreadsheet using SPY as my test case. I’ve been silent on this thread as I’m still on a steep learning curve and there is a wealth of information to sort through. I'm a bit surprised by what must be significant...

I'm about half way through it. I'm also working my way through the 600 pages of this thread. I appreciate all of the posts, it does accelerate the learning curve on this material. As an Engineer, I like the structured approach that ACD facilitates.