Discussion of article "Learn how to design a trading system by Accelerator Oscillator"
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New article Learn how to design a trading system by Accelerator Oscillator has been published:
A new article from our series about how to create simple trading systems by the most popular technical indicators. We will learn about a new one which is the Accelerator Oscillator indicator and we will learn how to design a trading system using it.
Strategy one: AC Zero Crossover:
According to this strategy we need to create a trading system that can be used to generate automatically signals of bullish or bearish as a comment on the chart based on continuously checking for the current AC value and the zero level of the AC indicator to determine the position of them to return the suitable signal. If the current AC value is greater than the zero level, we need the trading system to return comment on the chart with the following values:
In the other case, if the AC value is lower than the zero level, we need the trading system to return comment on the chart with the following values:
The following is the blueprint of this trading system:
Author: Mohamed Abdelmaaboud