The ACD Method

[Apollonius]

@DT3 PMed me because the previous Trading View indicator I posted was a bit unclear. I updated it to make it a bit clearer. Just click "Format" and then go to the "Inputs" tab and you can change most of the inputs. Only thing is the OR length which you need to change in the code itself for now, set to 20 currently.

New Version: https://www.tradingview.com/chart/CL1!/qW5RGmfW-ACD-For-Trading-View-1-1/

 

[redbaron1981]

@DT3 PMed me because the previous Trading View indicator I posted was a bit unclear. I updated it to make it a bit clearer. Just click "Format" and then go to the "Inputs" tab and you can change most of the inputs. Only thing is the OR length which you need to change in the code itself for now, set to 20 currently.

New Version: https://www.tradingview.com/chart/CL1!/qW5RGmfW-ACD-For-Trading-View-1-1/

Have you been able to code PineScript for NL Scoring purposes?

 

[DT3]

@DT3 PMed me because the previous Trading View indicator I posted was a bit unclear. I updated it to make it a bit clearer. Just click "Format" and then go to the "Inputs" tab and you can change most of the inputs. Only thing is the OR length which you need to change in the code itself for now, set to 20 currently.

New Version: https://www.tradingview.com/chart/CL1!/qW5RGmfW-ACD-For-Trading-View-1-1/

Maybe its cause I'm new to tradingview but I can't figure out how to use this thing. How do I go about applying it to different products. Is there something I need to download. I don't see format anywhere on the chart either.

 

[Apollonius]

Add the indicator to favorite scripts.
Go to the main trading view page.
Click chart. Type in whatever symbol you want
Click indicators.
Go to favorites
Click the acd indicator.
Wait for it to load.
When it loads there should be the text in the upper left corner, one of the small icons says format. Click it. Click inputs. Modify the inputs.

That is as simple as I can put it. You should have just experimented with the different buttons. I didn't read a guide or anything myself, just fiddled around.

 

[Maverick74]

We finally broke the 1% streak in ES.

 

[baggerlord]

I've learned a lot from this thread but never really contributed anything. I've been learning python and my first project was to write code to analyze the distribution of monthly highs and lows. So here is a graph showing the percentage of the time that each trading day holds either a high or low for the month. Days are listed on the bottom as trading day of the month. This is going back 10-25 years depending on product.

1st is ES which is 16%.

 

[baggerlord]

GC 18%

 

[baggerlord]

CL 21%

 

[baggerlord]

DX 14.5%

 

[baggerlord]

TF 12.5%
I'm going to work on other timeframes next. It will take a while. I'm bad at computer stuff and barely have any time to work on this.