The Accelerator Decelerator Forex indicator for MT5 pinpoints entry and exit points fast in existing currency trends.
The AC indicator oscillates above and below its zero level in a separated chart below the main trading window.
- The short-term trend is considered upward when the Accelerator Decelerator Forex indicator trades above the zero line (0.00).
- The short-term trend is considered downward when the Accelerator Decelerator Forex indicator trades below the zero line (0.00).
For good results, use this indicator in agreement with a longer-term trend indicator, for example the 200 SMA or 100 EMA.
Only open trades in the direction of the overall trend.
Feel free to experiment with its different parameters and settings.
Deploy on any currency pair, stocks, indices, Gold,…
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Accelerator Decelerator Forex Indicator Chart
Here’s an example of how the indicator should look like when loaded onto the Metatrader 5 chart.
You can apply the indicator to any currency pair and time frame of your preference.
Finding Buy and Sell Triggers With Accelerator Decelerator Forex Technical Analysis Chart Indicator
Below is an example of how to buy and sell currency pairs with this Forex indicator:
Buy Trigger: Go long when the Accelerator Decelerator MT5 indicator turns back above the zero level from below.
Place stop loss below short-term support, or use your own stop loss placement method.
Exit the buy trade for a reward to risk 1.5:1 ratio or use a fixed profit target, for instance 30 pips on the 5 min chart.
You can also exit the buy trade when the indicator turns back below the zero line (short-term bearish).
Sell Trigger: Enter short when the Accelerator Decelerator MT5 indicator turns back below the zero level from above.
Place stop loss above short-term resistance, or use your own stop loss placement method.
Exit the sell trade for a reward to risk 1.5:1 ratio or use a fixed profit target, for instance 100 pips on the 4-hour chart.
You can also exit the sell trade when the indicator turns back above the zero line (short-term bullish).
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Colors, width, style.
The indicator can be used as a stand-alone signals indicator.
It can also be combined with:
- Trading oscillators (MACD, Stochastic, RSI,…)
- Trend indicators (Moving Average, Bollinger Bands, ADMI,…)
- Price action methods and techniques
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT5
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: trend oscillator
Copy and paste the indicator in the MT5 indicators data folder.
Then restart the MT5 terminal and attach it to any chart.