Accelerator Signal Forex indicator technique (MT5)
The technical indicator Accelerator Accelerator Signal is a oscillator with the possibility of calculating a signal line in the form of a cloud (cloud) of a different color depending on the direction of the market.
included
Accelerator_Signal.mq5
SmoothAlgorithms.mqh
Exchange Broker - Broker Online : Platform Metatrader MT5
Interpretation Signals And Rules Of Trading
* Histogram Accelerator positive signal: bullish sentiment
. Formation of a histogram bar Accelerator Signal dark green: Signal Accelerator value of the upper current candle to the value Accelerator Signal previous price candle
. Formation of a histogram bar Accelerator Signal light green: Signal Accelerator value of the lower current candle Accelerator signal value of the previous candle Price
* Histogram Accelerator negative signal: bearish sentiment
. Formation of a histogram bar Accelerator Signal dark red: Signal Accelerator value of the lower current candle to the value Accelerator Signal previous price candle
. Formation of a histogram bar Accelerator clear red signal: Signal Accelerator value of the upper current candle to the value Accelerator Signal previous price of candle
- Buy signal
. The cloud or cloud Accelerator signal is positive, blue - Trend bullish
. The histogram Accelerator Signal breaks rising level 0 - Trend bullish
. Divergence bullish: the price is down (again above lower) and the indicator Accelerator signal up (new higher low) .A correction to the price increase is expected - Trend bullish
- sell signal
. The cloud or cloud Accelerator signal is negative, red - Trend bearish
. The histogram Accelerator signal crosses down level 0 - Trend bearish
. Divergence bearish: the price is rising (higher lows) and indicator signal Accelerator down (above down) .A downward correction of prices is expected - Trend bearish
Read more about the rules and signals trading:
Technical Analysis - trading Accelerator Oscillator
Stock Chart - Analysis trading
Trade Example
Exchange - trading forex currency
symbol - Swap GBP / USD
Time Frame: 1 hour (H1)
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