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Acceleration/Deceleration Osc (NT)
- Categories: Indicator, NinjaTrader
- Tags: Momentum, Trend
- Type: Free
Acceleration Bands dynamically encapsulate price action to highlight early trend acceleration, offering traders signals for potential entry and exit points based on momentum shifts.
Note: This download requires NinjaTrader 8 release 8.1.3 or newer.
Acceleration/Deceleration Osc. indicator attempts to measure acceleration and deceleration of an instrument. The concept is simple; prior to a change of direction/reversal, momentum in the current trend would begin to weaken.
Internally, the indicator utilizes the Awesome Oscillator (AO) equations. Therefore, and in line with how our indicators are programmed, the user will have the ability to customize internal input of the AO as well.
Acceleration/Deceleration Osc . Features:
- Custom data input source.
- Determine averaging methods to be utilized in AO.
- Custom indicator period/length.
- Custom fast and slow periods for the awesome oscillator.
- The calculation concludes by subtracting the AO from the average of the AO. The user will have the option to utilize a different averaging method.
- Custom bar colors.
Review the screenshots and video for setup options.
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