Indicators: Smoothed Accelerator
good indicator, but it doesnt show up in some charts
Dear Victor,
I am trying your indicator and I have to say that it gives some insight in advance. Obivisly it is necessary to use them understanding the global context of the price action. Particularly it is interesting the inversion point of te indicators above all when there are, before and after them, steep slopes. But I have not understood the equation that you are using and why you are calling it acceleration. You have a division operation between two close prices; my expectation was instead a double "derivate" with respect to the time something like
- V(i) = ( P(i) - P(i-n) ) / TF*n, where P is price at the i-th candle n is period and TF the used timeframe
- A(i) = ( V(i) - V(i-n) ) / TF*n
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Smoothed Accelerator:
The indicator plots the smoothed value of the Accelerator.
The smoothing is carried out by four-pass EMA with period, specified in the "MA period" input parameter.
Author: victorg