Description: Adaptive bands that contain 95% of price action usually used in 20 or 80 bar periods. Trading signals occur when price action is confirmed outside the bands. This indicator targets the top 5% of moves, keeping traders focused on the best trends. The 20 Bar Acceleration Band Expert Advisor (SPX chart below) shows buy and sell signals based on my system. Notice hat in the 14 months shown, the &P500 only exposed a signal 4 times, each was profitable. This depicts the 5% theory sell - Acceleration Bands highlight only the extreme moves for option traders. The issue many traders face is really two-fold; many traders want more signals and the entry point can use some refinement. Like the Yin & Yang relationship, I've developed a system that combines Acceleration bands with Williams' Percent R% to remove any weaknesses and refine trading signals. Let's take a look at how it works.
Willams' %R with two separate systems based on breakout and retest (lower risk entries) methods. We have smoothed out and modified Williams' Percent R to make it a better and more usable trading vehicle. Description: Larry Williams created the Percent Range oscillator to highlight overbought versus oversold levels in securities. Traditionally overbought connotates a long exit or sell short entry as oversold would insinuate the opposite, however, we in general consider overbought to be bullish and oversold to be bearish. The Big Trends Percent R system targets the top 20th percentile and bottom 20th percentile.
Signal
Buy when the price breaks the upperline and W5 overblows. Sell when the price breaks the lower band and W5 oversold
Este script se publica con código cerrado, pero puede utilizarlo libremente. Márquelo como favorito y podrá usarlo en un gráfico. El código fuente no se puede ver ni modificar.
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.