The Acceleration/Deceleration MTF indicator for Metatrader 5 is a buy/sell signal oscillator that works well for scalpers and day traders.
The indicator is displayed as green and red colored trend bars that oscillate above and below the zero level.
How to spot short-term market trends with the Acceleration/Deceleration Forex indicator?
- Trend bars above the zero level are considered bullish.
- Trend bars below the zero level are considered bearish.
The indicator performs the best during the volatile trading sessions (London, New York).
The following indicator inputs and parameters can be modified: AO fast MA period, AO slow MA period, AC MA period, AC time frame, and drawing mode.
First, familiarize yourself with this technical indicator and test it on a demo account.
It supports all time frames and Forex pairs.
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Acceleration_Deceleration_AC_MTF.mq5 Indicator (MT5)
Chart Example
The following chart shows what the Acceleration/Deceleration MTF indicator looks like when applied to the MT5 chart.
How To Buy And Sell Forex Pairs With The Acceleration/Deceleration MTF Forex Indicator?
Find a simple trading example below:
Buy Signal
- The first green trend bar that appears above the zero level is a buy signal.
- Open a buy trade and set your stop loss 3 pips below the most recent support zone.
- Close the buy trade for a fixed take profit target, or wait for the first red bar that appears below the zero level.
Sell Signal
- The first red trend bar that appears below the zero level is a sell signal.
- Open a sell trade and set your stop loss 3 pips above the most recent resistance zone.
- Close the sell trade for a fixed take profit target, or wait for the first green bar that appears above the zero level.
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Acceleration_Deceleration_AC_MTF.mq5 Indicator (MT5)
Frequently Asked Questions
How Do I Install This Custom Indicator On Metatrader 5?
- Open the MT5 trading platform
- Click on the File menu button located at the top left part of the platform
- Click on Open Data Folder > MQL5 folder > Indicators
- Copy the Acceleration_Deceleration_AC_MTF.mq5 indicator file in the Indicators folder
- Close and restart the trading platform
- You will find the indicator here (Navigator window > Indicators)
- Drag the indicator to the chart to get started with it!
How Do I Edit This Indicator?
- Click in the open chart with your right mouse button
- In the dropdown menu, click on Indicator List
- Select the indicator and click on properties
- Now you can edit the inputs, colors, levels, scale and visualization
- Finally click the OK button to save the new configuration