This indicator is a multi-timeframe Bill Williams AO () with adjustable parameters.
It has five adjustable parameters:
- AO Fast MA period – fast SMA calculation period
- AO Slow MA period – slow SMA calculation period
- AC MA period – SMA period to calculate accelerating/slowing
- AC timeframe – timeframe, from which the AC data will be displayed on the current chart
- Drawing mode – drawing mode
- Steps – by steps
- Slope – by sloping lines
Fig. 1. Data of Accelerator Oscillator from timeframe H4 on the H1 chart, Drawing mode = Steps
Fig. 2. Data of Accelerator Oscillator from timeframe H4 on the H1 chart, Drawing mode = Slope
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