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MetaTrader 5 Indicator | AB

Indicator Acceleration Bands - Price Headley's acceleration bands they are based on daily range.

It has two configurable parameters:

  • Period - calculation period
  • Factor - bands widening factor

Calculations:

  

Top = SMA(Up, Period) Bottom = SMA(Dn, Period)

where:

  

Up = High * (1+2*(2000 * Factor *(High-Low) / (High+Low))) Dn = High * (1-2*(2000 * Factor *(High-Low) / (High+Low)))

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