The ACD Method

I am in the process of creating the number line and I was looking for bouncing some ideas from the group. Lets say I wanted to create a number line value for a FailedAUp trade. In that case, FailedAUp could occur because of 2 reasons:
1. Market doesnt spend enough time above the A Level (Half Range Time Condition)
2. (Question) Market touches AUp or gets close to it. In terms of processing bars logic, how should one deal with this scenario in code?
Are we scanning for some price levels below are AUp, what would be the trigger that price "touches" / "gets close" and "then starts going down"
 
Quote from Maverick74:

Crude Oil really holding up well today. Very impressive.

It's actually confirming a weekly and monthly A up!

yea very good action there today. AAPL looks like it will close with a outside down day eclipsing two days.
 
Quote from Maverick74:

As I go through all my rolling 5 day number lines there is weakness everywhere. This is as weak as it's been all year. The only thing strong really is tech. XLK at +5 and the QQQ at +6.

Everything else is either weak or very weak. Quon what you said earlier about the market is usually true. When you test a level over and over again, you usually are going to go through it. But the underlying market feels so weak ex-AAPL. Basically all these weak sectors would have to completely reverse and find some really strong bids. Small caps are weak, oil services, materials, copper, financials and real estate. Then you have AAPL. LOL.

Just wanted to re-quote this. :)

I knew I wasn't tracking all these number lines for no reason.
 
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