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The ACD Method
- Thread starter sbrowne126
- Start date
Question for those using monthly and weekly values.
Are you using the same A/C values used on the daily for the monthly and weekly timeframes?
For example, if the ES daily A value is 3.5, do you use the same amount for weekly & monthly. I'm not asking for anyone's specific values, just inquiring about the process. It seems to me the weekly & monthly A/C values should be different.
Are you using the same A/C values used on the daily for the monthly and weekly timeframes?
For example, if the ES daily A value is 3.5, do you use the same amount for weekly & monthly. I'm not asking for anyone's specific values, just inquiring about the process. It seems to me the weekly & monthly A/C values should be different.
Quote from medicsix:
Question for those using monthly and weekly values.
Are you using the same A/C values used on the daily for the monthly and weekly timeframes?
For example, if the ES daily A value is 3.5, do you use the same amount for weekly & monthly. I'm not asking for anyone's specific values, just inquiring about the process. It seems to me the weekly & monthly A/C values should be different.
I'm not sure I understand the question. Your A values should correspond with the time period you are using. They should also fit how you are trying to trade. They should be custom fitted for each trader.
Let me try to clarify.
Say I personally use an A value of 3 on the ES for A up/A down, with a 10 minute OR.
For macro ACD, say I am using the first two hours on Monday for the weekly OR. What should I use for the A value on the weekly - the same as the daily, or a multiple of it to reflect the higher time frame?
What then for the monthly? A larger A value?
It just seems intuitive to use a larger value for a longer time frame. Is this thinking sound?
Say I personally use an A value of 3 on the ES for A up/A down, with a 10 minute OR.
For macro ACD, say I am using the first two hours on Monday for the weekly OR. What should I use for the A value on the weekly - the same as the daily, or a multiple of it to reflect the higher time frame?
What then for the monthly? A larger A value?
It just seems intuitive to use a larger value for a longer time frame. Is this thinking sound?
Quote from medicsix:
Let me try to clarify.
Say I personally use an A value of 3 on the ES for A up/A down, with a 10 minute OR.
For macro ACD, say I am using the first two hours on Monday for the weekly OR. What should I use for the A value on the weekly - the same as the daily, or a multiple of it to reflect the higher time frame?
What then for the monthly? A larger A value?
It just seems intuitive to use a larger value for a longer time frame. Is this thinking sound? [/QUOTE
Most likely but that also assumes you are trading exactly the same way as intra-day. If you are, then yes. You need to set the A values to trigger when you want them to trigger. I personally don't trade any of the time frames the same way so it's different for me.
Quote from medicsix:
Let me try to clarify.
Say I personally use an A value of 3 on the ES for A up/A down, with a 10 minute OR.
For macro ACD, say I am using the first two hours on Monday for the weekly OR. What should I use for the A value on the weekly - the same as the daily, or a multiple of it to reflect the higher time frame?
What then for the monthly? A larger A value?
It just seems intuitive to use a larger value for a longer time frame. Is this thinking sound?
If you are using 25% of the Daily ATR for the day's A and C levels, then I would think youd be ok using 25% of the the weekly ATR for the weeklies and 25% of the Month's ATR for the Monthly levels.
If you are trading the weekly cycle than you would want something that represent's a move of a typical week, it just depends on what timeframe you are trading.
Quote from Shanb:
If you are using 25% of the Daily ATR for the day's A and C levels, then I would think youd be ok using 25% of the the weekly ATR for the weeklies and 25% of the Month's ATR for the Monthly levels.
If you are trading the weekly cycle than you would want something that represent's a move of a typical week, it just depends on what timeframe you are trading.
I'm just giving my opinion on this but I would only recommend that if you are trading the A levels exactly the same way on all time frames.
There is a reason why Fisher uses different calculations for A and C values because the trade setups are completely different.
Quote from medicsix:
This clarifies things a bit.
Obviously this will require some tweaking on my part, but I think I'm on the right track based for my trading style. Thanks for the input.
I'm not trying to confuse you here with what Shan is saying. But let me be very clear about something. If you are chasing momentum, you do NOT want to be using 25% for your A levels as you will be getting long the ES 100 handles off the opening print of the month on a monthly signal. And the same for weeklys. You ideally want to be getting long as soon as possible in the week or month. In many cases the pivot ranges work better for momentum because the stops are tighter and you get in the move much faster. If you want to fade, you want to be as wide as possible. This is why I'm saying the A levels have to match what you are trying to do. I cannot stress this enough. If you read nothing else on the 300 plus pages of this thread, read this and understand it.