The colored Zones is the combination of the Awesome Oscillator (AO) and Accelerator Oscillator (AC) indicator by Bill Williams. If both AO and AC bars are uptrending, the zone is blue If both AO and AC bars are downtrending, the zone is red If AO and AC have different colors, the zone is gray Blue and red zones This zones allows you to trade more...
The Accelerator Oscillator has been developed by Bill Williams as the development of the Awesome Oscillator. It represents the difference between the Awesome Oscillator and the 5-period moving average, and as such it shows the speed of change of the Awesome Oscillator, which can be useful to find trend reversals before the Awesome Oscillator does.
The Accelerator Oscillator has been developed by Bill Williams as the development of the Awesome Oscillator. It represents the difference between the Awesome Oscillator and the 5-period moving average, and as such it shows the speed of change of the Awesome Oscillator, which can be useful to find trend reversals before the Awesome Oscillator does.