The price acceleration indicator determines the rate of price change. It is based on the Price Speed indicator. It displays the acceleration of the price movement for the selected number of bars in the form of a histogram.
- Values above 0 indicate acceleration of UP movement.
- Values below 0 indicate acceleration of DOWN movement.
It is a leading indicator. In the case the trend starts to slow down and lose strength, the indicator values will start to reverse while the price can continue to move along the trend. It gives good divergence/convergence signals.
- AccelerationPeriod - the period of bars to calculate the indicator values.
- Bars - the number of bars to display the indicator values.