This is a market sentiment indicator. It displays market sentiment — bullish or bearish.
The indicator works on centralized markets, such as FORTS. More in the article Principles of Exchange Pricing through the Example of Moscow Exchange's Derivatives Market.
It should be noted that when working with this indicator it is necessary to consider the current trend (e.g. by a technical analysis).
Attention: By default the indicator is configured to RTS futures. The attached parameters are for Brent, although they fit RTS as well.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13976
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.