ACD Indicator for MetaTrader 5 Download - Free
The ACD indicator is a technical analysis tool in MetaTrader 5 developed by Mark Fisher and can also be used as a trading strategy. This tool is highly suitable for detecting daily price trends.
The ACD indicator is a technical analysis tool in MetaTrader 5 developed by Mark Fisher and can also be used as a trading strategy. This tool is highly suitable for detecting daily price trends.
The way this indicator works is by defining theOpening Range in the 1-hour timeframe before the opening of major markets (Tokyo, London, New York) and then displaying the levels (A up – A down) and (C up – C down) on the chart.
Overview
The ACD indicator is calculated based on the range area before the opening of the main markets (Asia – Europe – America) and predicts the possible trend of each session with the breakout of the obtained levels (A up – A down).
These areas’ importance lies in their hidden MetaTrader5 Supply and Demand indicator levels. This trading system is highly applicable in volatile symbols where liquidity and trading volume increase with the opening of different markets.
Bullish Signal Conditions of the Indicator (Bullish Setup)
In the image below, the Dow Jones Index (US30) price chart is shown in a 5-minute time frame. The (A up) line has been broken strongly and stabilized on it for 7 minutes. This stabilization prevents traders from falling into the trap of Fake Breakouts. Then, one can enter a buy trade.
Take Profit and Stop Loss for Buy Trades of the ACD Indicator
After entering the trade, the stop loss can be set below the (A down) line, and the Reward-risk ratio for this strategy is 1, which can be used to set the take profit.
Related Products
Dual Structural Trendline Fib Channel Free Download
Dual Structural Trendline Fib Channel is a structural analysis indicator that automatically constructs dual trendline channels using pivot-based slope logic.
Wedge Pattern [InfinityAlgo] Free Download
Wedge Pattern is a chart overlay that detects rising and falling wedge formations using strict pivot based rules and a validation engine that enforces classic technical analysis requirements. The script builds two trendlines from confirmed pivot highs and pivot lows
Volatility Aggregation Model Tradingview
Volatility Aggregation Model (VAM) is a very simple overlay indicator that classifies market direction using a five-speed ensemble of volatility-adaptive range engines. Instead of relying on a single trend filter, VAM evaluates direction across multiple responsiveness settings and converts those states into a normalized score
Quantum Emperor MT4 Free Download
Introducing Quantum Emperor EA, the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious GBPUSD pair! Developed by a team of experienced traders with trading experience of over 13 years.
CyNera MT4 Free Download
Trading gold, one of the most volatile instruments in the market, demands precision, in-depth analysis, and strong risk management. CyNera Expert Advisor seamlessly integrates these elements into a sophisticated system designed for optimal gold trading.
