The Accelerator technical indicator signal is an oscillator Accelerator bill Williams with the possibility to calculate a the form of a cloud signal line (cloud) of a different color depending on the direction of the market.
The use of upper time frame, such as multi time frame or MTF system, to determine the general trend of short-term market and the long term and can anticipate the entry points and exit the trade with a vision overall market.
If the signal analysis in multiple unit of time corresponding to the different time frame, the trading signal is strengthened
included
Accelerator_Signal.mq5
Accelerator_Signal_HTF.mq5
SmoothAlgorithms.mqh
Exchange Broker - Broker Online : Platform Metatrader MT5
Interpretation Signals And Rules Of trading
Over the same time frame:
* Histogram Accelerator Signal positive HTF: bullish sentiment
. Formation of a histogram bar Accelerator Signal HTF dark green: Signal value Accelerator HTF of the upper current candle Accelerator Signal HTF value of the previous price of candle
. Formation of a histogram bar Accelerator Signal HTF light green: Signal value Accelerator HTF of the lower current candle Accelerator Signal HTF value of the previous candle Price
* Histogram Accelerator Signal HTF negative: bearish sentiment
. Formation of a histogram bar Accelerator Signal HTF dark red: Signal value Accelerator HTF of the current candle to lower Accelerator Signal HTF value of the previous price of candle
. Formation of a histogram bar Accelerator Signal HTF clear red: Signal value Accelerator HTF of the upper current candle Accelerator Signal HTF value of the previous price of candle
- Buy signal
. The cloud or cloud Accelerator Signal HTF is positive, blue - Trend bullish
. The histogram Accelerator Signal HTF breaks rising level 0 - Trend bullish
. Divergence bullish: the price is down (again above lower) and the indicator Accelerator Signal HTF up (new higher low) .A correction to the price increase is expected - Trend bullish
- sell signal
. The cloud or cloud Accelerator Signal HTF is negative, red - Trend bearish
. The histogram Accelerator Signal HTF crosses down level 0 - Trend bearish
. Divergence bearish: the price is rising (higher lows) and the oscillator signal Accelerator HTF down (top down) .A downward correction of prices is expected - Trend bearish
Read more about the rules and trading signals:
Exchange Online - Accelerator Oscillator signal
Exchange Online - Accelerator Oscillator AC
Graphic Exchange - trading Analysis
Trade Example
Exchange - trading forex currency
symbol - Swap AUD / CHF
Time Frame: 1 hour (H1)
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