Momentum Acceleration Bands NinjaTrader indicator
Posted in Momentum Indicators. Written by Adam on June 8th, 2010
Acceleration Bandsprovide a different way of viewing momentum. The bands use the trading range of the bar so they will expand and contract based on the volatility of the price.
Acceleration bands are based on the volatility of each bar. The values are plotted equidistant from a central price which serves as the center or middle band. Successive bars exceeding one of the upper or lower bands tends to indicate a possible entry point.
Tuesday, June 8, 2010
Momentum Acceleration Bands NinjaTrader indicator
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