S&C 2019-07 | Exponential Deviation Bands (Apirine) by Eugene

This strategy was featured in the July 2019 issue of Stocks & Commodities magazine. 

System Concept:

A declining ADX indicates a less directional market which may be approached with a swing trading system. In the flat market an entry can be made when the lower band is violated with an upsurge in the ADX ending the trade.

Entry rules:

  • Buy at limit at the Lower Exponential Deviation Bands if ADX is less than it was X bars ago.

Exit rules:

  • Sell on the open after Y bars in the trade.
  • Sell on the open if the ADX rises above its value 10 bars ago.


Author: Eugene
Category: Bands
Creation Date: 5/30/2019
Licence: Freeware
Availability: Globally
Instructions for Script Download
  1. In Wealth-Lab client software, open the Strategy Explorer (Ctrl+O)
  2. Click the "Download..." button
  3. Click "Begin Download"
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