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    Accel - Band Trading Rules

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    ifebrian
    The Acceleration Band System is a trend-following trading system that was published in 2002 to identify stocks starting to trend before they become parabolic. Since publication, the creator has enhanced the system to allow traders to remain in trades longer. Both the entry and exit rules have changed. The system uses acceleration bands and sentiment indicators like Williams %R to determine entry and exit signals for long and short trades.

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    Accel - Band Trading Rules

    Uploaded by

    ifebrian
    49 views2 pages
    The Acceleration Band System is a trend-following trading system that was published in 2002 to identify stocks starting to trend before they become parabolic. Since publication, the creator has enhanced the system to allow traders to remain in trades longer. Both the entry and exit rules have changed. The system uses acceleration bands and sentiment indicators like Williams %R to determine entry and exit signals for long and short trades.

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    Accel_Band Trading Rules

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    The Acceleration Band System is a trend-following trading system that was published in 2002 to identify stocks starting to trend before they become parabolic. Since publication, the creator has enhanced the system to allow traders to remain in trades longer. Both the entry and exit rules have changed. The system uses acceleration bands and sentiment indicators like Williams %R to determine entry and exit signals for long and short trades.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    49 views2 pages

    Accel - Band Trading Rules

    Uploaded by

    ifebrian
    The Acceleration Band System is a trend-following trading system that was published in 2002 to identify stocks starting to trend before they become parabolic. Since publication, the creator has enhanced the system to allow traders to remain in trades longer. Both the entry and exit rules have changed. The system uses acceleration bands and sentiment indicators like Williams %R to determine entry and exit signals for long and short trades.

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    © All Rights Reserved
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    Acceleration Bands System

    The Acceleration Band System was published in Big Trends in Trading by Price Headley in 2002.
    The system designed to catch stocks as they start to trend but before they go parabolic where
    risk of entry is too great.

    Since the book was published, Price has enhanced his system significantly to enable a trader to
    stay in the trade longer.

    The system is still simple but effective. Both the entry and exit rules have changed.

    One can use sentiment indicators to judge the probability of trend continuation.

    RULES FOR LONG TRADE: I am not a programmer so I am certain the language will have to
    be modified significantly.

    ===============================================================

    Trade Setup & Entry Rules:

    If 30 period Williams %R > -20 AND

    Price closes above the upper Acceleration Band for 2 consecutive days THEN

    (EOD) Enter Long MOO the day after Price has closed above upper Acceleration Band for 2
    consecutive days

    (REAL TIME) Enter Long MOC 15 minutes before close on 2nd day

    =================================================================

    Trade Exit Rules:

    IF Close 5 days from Day of Entry < Entry Price THEN

    (EOD) Exit MOO the next day

    (REAL TIME) Exit MOC 15 minutes before close on 5th day

    ELSE IF ADX (14) is sloping down AND

    If 30 period Williams %R < -20 AND

    IF Price closes below upper Acceleration Band for 2 consecutive days THEN

    EOD Exit MOO the day after Price has closed below upper Acceleration Band for 2 consecutive
    days

    (REAL TIME) Exit MOC 15 minutes before close on 2nd day

    ELSE IF ADX (14) is flat or sloping up AND

    IF 30 period Williams %R < -20 AND

    Price closes below upper Acceleration Band for 2 consecutive days THEN
    DO WHILE price is below upper Acceleration Band

    IF Price closes below Close [1] THEN

    (EOD) Exit MOO

    (REAL TIME) Exit MOC 15 minutes before close

    ENDIF

    ENDIF
    ENDIF

    RULES FOR SHORT TRADE:

    Rules for Short Trades are basically reversed except one uses %R > -80

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