StockFetcher Forums · Filter Exchange · Acceleration Bands<< >>Post Follow-up
SFMc01
296 posts
msg #107961
Ignore SFMc01
9/9/2012 9:59:25 AM

Has anyone developed a strategy that uses or includes Acceleration Bands that has a satisfactory Profit Factor?

BarTune1
403 posts
msg #107964
Ignore BarTune1
9/9/2012 12:56:56 PM

Is your question related to:

http://www.bigtrends.com/products/how-to-use-acceleration-bands-to-trade-the-biggest-trend/?utm_source=WhatCountsEmail&utm_medium=00A_110506_[SEGMENT]_[NewInternalMarketing]_AllAssigned&utm_campaign=120907_bigtrends

I have not watched the video.

Kevin_in_GA
4,541 posts
msg #107965
Ignore Kevin_in_GA
9/9/2012 1:14:12 PM

I personally don't use these, but have seen examples where one enters on the second close above the upper Acceleration band and exit upon the next close below the upper band. I have not done any statistical analysis on this.

Example filter:

Fetcher[

close 1 day ago above upper Acceleration Band(20) 1 day ago
close above upper acceleration band(20)
close above 10
count(close * volume above 1000000,10) above 9

]



or the weekly version

Fetcher[

weekly close 1 week ago above weekly upper Acceleration Band(20) 1 week ago
weekly close above weekly upper acceleration band(20)
close above 10
count(WEEKLY CLOSE * WEEKLY VOLUME ABOVE 5000000,10) ABOVE 9
chart-display is weekly
]



Kevin_in_GA
4,541 posts
msg #107966
Ignore Kevin_in_GA
9/9/2012 1:53:43 PM

Backtesting this concept in Stratasearch against 1-50 days MA on the Acceleration Bands, both daily and weekly, yielded no acceptable systems. I would avoid this idea.

SFMc01
296 posts
msg #107989
Ignore SFMc01
9/10/2012 2:27:55 PM

Thank you. I also havrn't been able to find an acceptable strategy. Strange though bevcause I've seen it promoted.

BarTune1
403 posts
msg #107999
Ignore BarTune1
9/10/2012 7:28:52 PM

Yeah, thats why I asked if it was related to (promoted by) Price Headley. He gets a failing grade as a guru with a 42% accuracy rate according to CXO Advisory.

http://www.cxoadvisory.com/3262/individual-gurus/price-headley/

gmg733
619 posts
msg #108015
Ignore gmg733
9/11/2012 6:00:12 PM

He uses other indicators. When I spoke to him some years ago, he looks for the 'bend don't break' scenario. In other words, once it breaks out if it comes back into the band and doesn't break the mid point he waits for a high high higher low candle.

Anyhow, I never made heads or tails of it. Like many financial salesmen, you get the teaser but not the real deal unless you spend a fortune for what ends up to be a mediocre trading idea.

BarTune1
403 posts
msg #108016
Ignore BarTune1
9/11/2012 6:52:06 PM

Speaking of "teaser" emails .... this is a unique website that I came across about a month ago.

http://stockgumshoe.com/

They decipher promotional emails on top stock picks.

As interesting as it may be, I would never trade off this informaton.

StockFetcher Forums · Filter Exchange · Acceleration Bands<< >>Post Follow-up

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