Skip to content
All library documents

AC Signal Alerts When the Accelerator Oscillator Changes Direction

Article MQL5 code base

Summary

AC_Signal is a semaphore-style indicator built around the Accelerator Oscillator associated with Bill Williams. It produces a signal when the oscillator changes direction, and can send alerts, push notifications, or email messages when that signal appears. The listed inputs let a user choose which bar to evaluate, set an alert count, and enable or disable the notification channels.

The document explains the signal trigger and notification options, but it does not define how the oscillator’s direction change is detected, show a chart interpretation, or provide backtest or live trading evidence. It also gives no rules for entering or exiting positions after an alert. The selected bar matters: using the current bar may expose a signal to change before that bar closes, while a prior bar would refer to an already formed candle. The indicator is therefore best understood here as an alerting aid, not a complete strategy or evidence of predictive value.

Key ideas

  • The indicator signals when the Accelerator Oscillator changes direction.
  • Users can select the bar used for signal evaluation.
  • Alerts can be sent through on-screen, push, or email notifications.
  • The document provides no performance evidence or trading rules for acting on signals.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.