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Acceleration Bands

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    Acceleration Bands

    Has anyone created the Acceleration band indicator? I have searched but couldn't find it.


    If someone could help, I would greatly appreciate your assistance.

    Selection of line color and style would be great.

    Here is some code I found for this.........

    input Length = 20;

    plot UpperBand = Average(data = High * (1 + 4 * (High - Low) / (High + Low)), length = Length);

    plot MidPoint = Average(data = close, length = Length);

    plot LowerBand = Average(data = Low * (1 - 4 * (High - Low) / (High + Low)), length = Length);

    Thanks.
    Last edited by zelli; 07-07-2008, 07:55 PM.

    #2
    None that I am aware of. As a last resort you can also try contacting one of these NinjaScript Consultants: http://www.ninjatrader.com/webnew/pa...injaScript.htm
    Josh P.NinjaTrader Customer Service

    Comment


      #3
      Is it something like this? Do you have a particular reference?
      Attached Files

      Comment


        #4
        TW,

        That looks like what I'm looking for.

        Any chance of receiving this indicator from you?

        Thanks
        Attached Files

        Comment


          #5
          Sure, no problem.

          I ran it over the same data, and it looks the same..

          TW

          Originally posted by zelli View Post
          TW,

          That looks like what I'm looking for.

          Any chance of receiving this indicator from you?

          Thanks
          Attached Files

          Comment


            #6
            I would appreciate if you counld send me this Acceleration Indicator too. Thank uou very much.

            Comment


              #7
              Acceleration Band Indicator Back Test

              I am also looking for the Acceleration Band indicator so I can try to run some backtesting on the Accelerator Bands indicator. Price Headley et al advocate this indicator for capturing the larger trends during an acceration phase. Rather than mere visiutal inspection of charts, I wanted to see if it is possible to construct a backtest?

              Comment


                #8
                I just started looking accelerator bands today and found it online. Here is the URL for reference. http://www.valtinho.com/post/Price-H...Trader-65.aspx I am going to incorporate the logic in NT 7.0. Should be easy breezy.

                Comment


                  #9
                  Nobody needs Acceleration Bands.

                  Attached is a comparison of a Keltner Channel with Acceleration Bands on both a monthly chart and a 60 minute chart. Acceleration Bands just require a few useless calculations, and in the end you just get Keltner Channels. For more details see this thread please:

                  http://www.bigmiketrading.com/trader...tml#post255513

                  Charts comparing Acceleration Bands with Keltner Channels are attached.
                  Attached Files

                  Comment

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