Accelerator Indicator

Accelerator indicator calculates the strength of the acceleration of the market price movement. Accelerator indicator will change the direction before the current change the direction. The zero level is the area which the accelerator and decelerator are in balance. If the indicator line trade above the zero level, it means market is in bullish trend and if the accelerator indicator line trade below the zero level, it means market is in bearish trend.

But remember, you can't interpret zero line cross as bullish or bearish signal. The easy way to use accelerator indicator is when the accelerator indicator gives three consecutive red bars as a bearish signal or three consecutive green bars as a bullish signal.

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