HOW TO use the Acceleration Bands HTF indicatorYou can access this indicator HERE:
For details about the indicator, please see the indicator's description.
This idea is about the use of it.
You always want to go with the trend and trade into the direction that "accelerates" according to the indicator.
When the price accelerates, it is more likely to continue than to reverse.
Also, the volatility will be much greater (momentum) to the acceleration direction.
All the explosive moves happen outside of the acceleration bands.
You can go over many charts and see that the indicator methodology is aligned with good trading principles of great traders such as Darvas Box Trading, and Jesse Livermore entries, and also SMC.
Accelerationbands
Acceleration Bands Acceleration Bands
Serve as a trading envelope that factors
The standard setting is 20 candles.
They can be used across any time period as breakout indicators outside these bands.
Acceleration Bands are plotted around a simple moving average as the midpoint, and the upper and lower bands are of equal distance from this midpoint.
Can be used in both growth and value trading strategies to show the potential breakouts.