Accelerator Decelerator Oscillator Indicator

Accelerator Decelerator Oscillator Indicator

Forex BUY and SELL signals from the best Accelerator Decelerator Oscillator Indicator Indicator. Find out the overbought and oversold levels.

The Accelerator Decelerator Oscillator Indicator is one of the frequently used oscillator indicators for MT4. Bill Willaims, a technical analyst, made this indicator. It is a derivation of the Awesome Oscillator (AO). As the name suggests, it is used to measure the acceleration and deceleration of the ongoing driving force in the market. We can say it is a type of warning signal. This is because the indicator will change its direction prior to changes in the driving force.

Consequently, the driving force will change its direction, and we will notice a price change shortly. There is a line called the nought line. This is the exact point where the acceleration is at the same level as the market driving force. If the nought line is crossed, it does not indicate a signal. Instead, a signal is considered only when the color of the columns is changed.

Accelerator Decelerator Oscillator Indicator BUY/SELL signals

The above GBP/USD H4 chart shows the BUY and SELL signals with the indicator. To determine BUY and SELL signals, traders need to look at the bars. When the column is red, it means there is decreasing acceleration, and it is advised not to buy or trade.

Similarly, a green column signals the user not to sell as it is increasing acceleration. Like all other indicators, traders can also use the Accelerator Decelerator Oscillator Indicator with other indicators or oscillators, especially the Alligator Indicator.

Conclusion
The Accelerator Decelerator Oscillator Indicator is great for signaling early trend changes, just keep an eye out for the BUY and SELL signals. Furthermore, you can download the indicator for free on our website.