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Random article: Acceleration Indicator
Acceleration/Deceleration (AC) – is a technical indicator of oscillator type measuring acceleration and deceleration of price. It was devised by a famous trader Bill Williams – author of best selling books devoted to stock exchanges and a founder Profitunity Trading Group. According to author of this method, Acceleration/Deceleration is an important component of successful trading. It is explained by the fact that acceleration primarily speaks for change of price dynamic and as a result – change of market driving force. Thus, this indicator sends warning signals beforehand.
The ability to guess about direction of price in short or long terms is crucial for traders. Forex forecasts are made by thousands of experts throughout the world, though not all of them are successful. If you wish to achieve success in Forex market, you need to know which factors influence currency market rates.
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