In this paper, the authors propose an algorithm that increases and decreases the transmission speed according to a user-specified function. The design objective is to regulate baud as efficiently as possible and ensure that in each transmission interval, transmitter and receiver bauds are equal for some period of time during data transmission. An equivalent discrete-time version of the protocol is verified by using the COSPAN software. Application for this adaptive baud protocol for wireless communication is seen in a platoon setting within an Automated Highway System (AHS).