ACD Daily Pivot Range
This indicator is to display the Daily Pivot Range for Mark Fishers "ACD" method.
If anyone knows how to offset it for different start times (LO, NYO) please let me know so I can update. Ideally the daily daily pivot calculation start should be from the same time as your opening range but i am not sure how to do this.
If anyone knows how to offset it for different start times (LO, NYO) please let me know so I can update. Ideally the daily daily pivot calculation start should be from the same time as your opening range but i am not sure how to do this.
//////////////////////////////////////////////////////////// // ACD Mark Fisher Pivot Points //////////////////////////////////////////////////////////// study(title="ACD Daily Pivot", shorttitle="ACD Daily Pivot", overlay = true) width = input(1, minval=1) xHigh = security(tickerid,"D", high[1]) xLow = security(tickerid,"D", low[1]) xClose = security(tickerid,"D", close[1]) vDP = (xHigh+xLow+xClose) / 3 vSP = (xHigh+xLow) / 2 vDF = vSP - vDP vR1 = vDP + vDF vS1 = vDP - vDF plot(vDP, color=#222222, title="DP", style = circles, linewidth = width) plot(vS1, color=#05B8CC, title="S1", style = circles, linewidth = width) plot(vR1, color=#05B8CC, title="R1", style = circles, linewidth = width)