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AC (Acceleration Oscillator) Indicator for Amibroker (AFL)

Rating:
5 / 5 (Votes 1)
Tags:
oscillator, amibroker, alligator

AC (Acceleration Oscillator) Indicator code.
Please note this is another indicator to support Alligator Trend Following system.

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Indicator / Formula

Copy & Paste Friendly
_SECTION_BEGIN("Acceleration Oscillator");

MAAvg34 = MA(Avg, 34);
MAAvg5 = MA(Avg, 5);
MADiff = MAAvg5 - MAAvg34;
AC = MA(MADiff - MA(MADiff, 5), 5);

ACUpBar = AC > Ref(AC, -1);
ACDownBar = AC < Ref(AC, -1);

Plot(AC,"AC",IIf(ACUpBar,colorGreen,colorRed),styleHistogram|styleThick);

Plot(0,"",15);

_SECTION_END();

1 comments

1. shaggyboo

add some related pics so it will be easy to understand the work by a quick look…

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