█ CONCEPT Acceleration Line (Blue) The Acceleration Line is calculated as the difference between the 8-period SMA and the 20-period SMA. This line helps to identify the momentum and potential turning points in the market.
Signal Line (Red) The Signal Line is an 8-period SMA of the Acceleration Line. This line smooths out the Acceleration Line to generate clearer signals.
Long-Term Average (Green) The Long-Term Average is a 200-period SMA of the Acceleration Line. This line provides a broader context of the market trend, helping to distinguish between long-term and short-term movements.
█ SIGNALS Buy Mode A buy signal occurs when the Acceleration Line crosses above the Signal Line while below the Long-Term Average. This indicates a potential bullish reversal in the market. When the Signal Line crosses the Acceleration Line above the Long-Term Average, consider placing a stop rather than reversing the position to protect gains from potential pullbacks.
Sell Mode A sell signal occurs when the Acceleration Line crosses below the Signal Line while above the Long-Term Average. This indicates a potential bearish reversal in the market. When the Signal Line crosses the Acceleration Line below the Long-Term Average, consider placing a stop rather than reversing the position to protect gains from potential pullbacks.
█ UTILITY This indicator is not recommended for standalone buy or sell signals. Instead, it is designed to identify market cycles and turning points, aiding in the decision-making process. Entry signals are most effective when they occur away from the Long-Term Average, as this helps to avoid sideways movements. Use larger timeframes, such as daily or weekly charts, for better accuracy and reliability of the signals.
█ CREDITS The idea for this indicator came from Fabio Figueiredo (Vlad).
진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.