smoothed accelerator indicator
Info
The smoothed accelerator indicator is a Indicator for MetaTrader 5 that this indicator calculates and plots the smoothed value of a specific expression, providing a clear visual representation of the smoothed acceleration over time. the expression used is:out[i] = mathlog(close[i] / close[i + extperiodacc])where extperiodacc is the accelerator period, an input parameter that can be adjusted by the user.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use smoothed accelerator indicator
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
this indicator calculates and plots the smoothed value of a specific expression, providing a clear visual representation of the smoothed acceleration over time.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: AIS Smoothed Linear Trend Indicator - another powerful indicator for MetaTrader 5 traders.
this indicator calculates and plots the smoothed value of a specific expression, providing a clear visual representation of the smoothed acceleration over time.Also recommended: heiken ashi smoothed indicator - similar indicator with strong performance on MetaTrader 5.
the expression used is:
out[i] = mathlog(close[i] / close[i + extperiodacc])
where extperiodacc is the accelerator period, an input parameter that can be adjusted by the user.
the smoothing is achieved through a four-pass ema (exponential moving average) with a customizable period, allowing for a more controlled and precise visualization.
input parameters:
- acc period: the accelerator period, which determines the interval for the close price ratio in the expression.
- ma period: the smoothing period for the ema, controlling the level of smoothing applied to the calculated values.
- n history: the number of historical bars to display on the chart, providing context for the current smoothed values.
You may also like: Smoothed Q-Period Stochastic Indicator by William Blau - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property indicator_separate_window
#property indicator_level1 0.0
#property indicator_levelcolor darkslategray
#property indicator_levelwidth 0
#property indicator_levelstyle style_dot
#property indicator_buffers 1
#property indicator_plots 1
#property indicator_type1 draw_line
#property indicator_color1 dodgerblue.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.