The ACD Method

You could also do this for an up day:

if Current_Bar_High>Last_Bar_High AND Current_Bar_Low>Last_Bar_Low then UpTrend++

if High_Of_Day is within 9 Bars from Close_Of_Day AND ((UpTrend*100)/Total_Number_Of_Bars)>45 then
{
printf ("Congrats you have a Trend Day UP!");
Trend_Day_Up=True
Trend_Day_Up_Count++
}

 

At last you provided me with what I have been looking for well done!!

If I have the time this evening I will code these up and post the results here. In the meantime since you said you have already tested this, can you posts your results to how the OR as a percentage of the ATR(5) looked. Then we can compare and see if our results are similar.

Thanks.

 

Buddy I meant no offense to you. You seem like a nice person. I looked at your history of posts and all you care about is ACD and nothing else, I don't want to ruin your daily routine.

Everyone comes here to see what Mav has to say anyways, no one is making an "Underground MoneyMatthew ACD E-Book". Carry on buddy, no hard feelings....

 

Matthew can you help me with what I'm looking at here. Is this a number line or a derivative of a number line? I see 9's in there which my NL's don't have. I do incorporate a NL derivative in my trading which I call momentum which is simply the current day NL value minus the average of the Previous 4 days. Wasn't sure if your doing the same thing in your own way.

Thanks!

 

Thats fine i was and genuinely am interested in how others define things like trend days hence my persistence.

Will be interesting to see the difference in results.

 

You know guys, I get fined everytime I mention indicators so I will just mention it once, there is an indicator that actually objectively measures trends more specifically the strength of the trend and that is the ADX. Makes data analysis much easier. I'll pay my fine and move on now...

 

If only my parole board was so eager to what I have to say.

 

Thanks for the advice, would your parole officer allow you to talk about Adaptive Number Lines that change their value based on their sum total negative or positive status. Kinda like how a C UP holds more additive value than an A UP.

Would a C UP on a Negative Number Line be worth more than a C UP on a Positive Number Line? Just curious....

edit ( I mean the value being changed before the new one is added, nothing retroactively changed)

 

I had to customize my Number Lines.

 

Shhhhhuuuuuuussssshhhhhh.

I actually got that one from another poster in this thread. Its highly dependent on how its interpreted and the majority of people I see using it don't understand how to use it correctly.