The Accelerator Decelerator Oscillator (AC) is a popular forex indicator available for the MetaTrader 5 (MT5) platform. It is a useful tool for traders looking to gauge the momentum of a currency pair’s price movement. The AC indicator works by measuring the acceleration or deceleration of the current market trend. When the indicator is above the zero line, it indicates accelerating bullish momentum, while below the zero line indicates accelerating bearish momentum. Traders can use this information to confirm trends or identify potential reversal points. To use the AC indicator, traders can look for divergence between the indicator and price movement, as this can signal a potential change in direction. Additionally, traders can use the crossing of the zero line as a trigger for trade entries or exits. Overall, the Accelerator Decelerator Oscillator is a valuable tool for forex traders seeking to enhance their analysis and decision-making process.
MT5
Accelerator Decelerator Oscillator MTF
Accelerator Decelerator Oscillator Indicator for MT5 is a useful tool for forex traders. This popular indicator is free to use and can help traders identify changes in momentum. By measuring the difference between the Awesome Oscillator and a 5-period simple moving average, it provides insights into the acceleration and deceleration of the current market trend.
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How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
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