OPEN-SOURCE SCRIPT
Opening Range ACD + Pivot Ranges - Label-Free
An implementation of Mark B. Fisher's ACD methodology ("The Logical Trader")
combined with daily/3-day/7-day pivot ranges — deliberately label-free: every
signal is expressed through color, line weight and box shading, so the chart
stays readable.
What makes it original: it combines the ACD entry framework with Fisher's
pivot-range bias in one visual system (most public ACD scripts stop at the
A/C levels), auto-derives the stretch from recent opening ranges instead of
requiring a hand-tuned constant, and auto-detects cash open + timezone per
market.
How it works:
- A-up/A-down entry levels are projected from the opening range plus a
"stretch" (auto-derived from recent opening ranges and capped, or fixed);
C-levels mark the failure side. Lines thicken once an A-level is confirmed
for a configurable number of bars, and turn gray after a C-failure.
- The pivot-range box colors the daily bias: open above the range = bullish,
below = bearish, inside = neutral; alignment of daily, 3-day and 7-day
ranges is highlighted as "triple" confluence.
- Cash open and timezone are auto-detected per market (EU/US/UK/Nikkei/HSI)
with a manual override, so the opening range starts at the real cash open.
- Optional compression background when today's pivot range is unusually
narrow (expansion expected).
How to use it: wait for the opening range to complete, then treat a confirmed
A-up/A-down (the line thickens) as the intraday bias trigger in that
direction; a C-failure (line turns gray) cancels or flips the bias. Alignment
matters more than any single level — an A-up confirmation while the open is
above a bullish pivot range, ideally with "triple" confluence, is the
highest-quality condition, while signals against the pivot bias deserve
smaller size. The compression background flags days where a range expansion
is more likely than usual. Alerts cover confirmed A-levels, C-failures and
pivot-range crosses.
combined with daily/3-day/7-day pivot ranges — deliberately label-free: every
signal is expressed through color, line weight and box shading, so the chart
stays readable.
What makes it original: it combines the ACD entry framework with Fisher's
pivot-range bias in one visual system (most public ACD scripts stop at the
A/C levels), auto-derives the stretch from recent opening ranges instead of
requiring a hand-tuned constant, and auto-detects cash open + timezone per
market.
How it works:
- A-up/A-down entry levels are projected from the opening range plus a
"stretch" (auto-derived from recent opening ranges and capped, or fixed);
C-levels mark the failure side. Lines thicken once an A-level is confirmed
for a configurable number of bars, and turn gray after a C-failure.
- The pivot-range box colors the daily bias: open above the range = bullish,
below = bearish, inside = neutral; alignment of daily, 3-day and 7-day
ranges is highlighted as "triple" confluence.
- Cash open and timezone are auto-detected per market (EU/US/UK/Nikkei/HSI)
with a manual override, so the opening range starts at the real cash open.
- Optional compression background when today's pivot range is unusually
narrow (expansion expected).
How to use it: wait for the opening range to complete, then treat a confirmed
A-up/A-down (the line thickens) as the intraday bias trigger in that
direction; a C-failure (line turns gray) cancels or flips the bias. Alignment
matters more than any single level — an A-up confirmation while the open is
above a bullish pivot range, ideally with "triple" confluence, is the
highest-quality condition, while signals against the pivot bias deserve
smaller size. The compression background flags days where a range expansion
is more likely than usual. Alerts cover confirmed A-levels, C-failures and
pivot-range crosses.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.