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#1 Selling Amibroker Plugin featuring:
Acceleration / Deceleration (AC) indicator for Amibroker (AFL)
Oscillator Acceleration / Deceleration (AC) Bill Williams is a technical analysis indicator used for measuring the strength of the market.
The indicator is calculated as the difference between the current value of index Awesome Oscillator and a 5-regular simple moving average of the index Awesome Oscillator:
AC = AO – SMA (AO, 5)
Screenshots
Similar Indicators / Formulas
Indicator / Formula
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 | SetChartOptions ( 0, chartShowArrows | chartShowDates ); _SECTION_BEGIN ( "Acceleration / Deceleration (AC) Bill Williams" ); /*** The trend indicators ***/ P= ParamList ( "Price" , "Close|(H+L)/2|(H+C+L)/3" ,1); if (P== "Close" ) A = C ; else if (P== "(H+C+L)/3" ) A = ( H + C + L )/3; else A = ( H + L )/2; AO= MA (A,5)- MA (A,34); AOcolor= IIf (AO> Ref (AO,-1), colorGreen , colorRed ); AC=AO- MA (AO,5); ACcolor= IIf (AC> Ref (AC,-1), colorGreen , colorRed ); Plot (AC, "AC" ,ACcolor, styleHistogram | styleThick ); _SECTION_END (); |
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Very good indicator.
Thanks
Subrahmanyam
Will check and get back soon.Seems quite different from the Awesome ind.
Thanks once again
Prasad