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Accelerator/Decelerator Forex Oscillator (MT5)

    The Accelerator/Decelerator Forex oscillator for Metatrader 5 measures acceleration and deceleration of the current trend.

    The indicator can be used as a standalone trading tool for both trade entry and exit and works the best for scalping purposes.

    It pops up in a separate chart window as an oscillator that swings back and forth above the 0.00 level.

    Buy & sell signal:

    • Initiate a buy order when the histogram bars cross the 0.00 level bottom-up.
    • Initiate a sell order when the histogram bars cross the 0.00 level top-down.

    The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.

    Free Download:

    Download the “accelerator-decelerator.mq5” indicator for MT5

    Indicator Example Chart (GBP/USD M5)

    The picture below shows the Accelerator/Decelerator mt5 indicator in action on the trading chart.

    Trading Tips:

    Feel free to use your own favorite trade entry, stop loss and take profit method when trading with the Accelerator/Decelerator Forex indicator.

    As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.

    Please note that even the best trading indicator cannot yield a 100% win rate over long periods.

    Indicator Specifications & Inputs:

    Trading Platform: Developed for Metatrader 5 (MT5)

    Currency pairs: Works for any pair

    Time frames: Works for any time frame

    Trade Style: Works for scalping, day trading and swing trading

    Input Parameters: Variable (inputs tab), color settings & style

    Indicator type: Oscillator

    Does the indicator repaint? No.

    Download Now:

    Download the “accelerator-decelerator.mq5” indicator for Metatrader 5

    How to install this indicator on Metatrader 5?

    Open the Metatrader 5 platform

    From the top menu, click on “File”

    Then click on “Open Data Folder”

    Then double click with your mouse button on “MQL5”

    Now double click on “Indicators”

    Paste the accelerator-decelerator.mq5 indicator in the Indicators folder.

    Finally restart the MT5 platform and attach the indicator to any chart.

    How to remove the indicator?

    Right click with your mouse on the chart that you have the indicator attached to.

    Select “Indicator List” from the drop down menu.

    Select the indicator and press delete.

    How to edit the indicator’s inputs and parameters?

    Right click with your mouse on the chart that you have the indicator attached to.

    From the drop down menu, click on indicators list.

    Select the indicator from the list and press edit.

    Now you can edit the indicator.

    Finally, press the OK button to save the updated configuration.

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