Get started
fyntrade

AO and AC Zones (Bill Williams)

fyntrade  
Oscillators Awesome Oscillator (AO) Accelerator Oscillator (AC) ao AC tape BILL Williams %R (%R) batze_ch
684
2
oscillator awesomeoscillator acceleratoroscillator ao ac tape bill williamsr batze_ch
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 aggressively, you could also add to current positions

Gray zone
You should avoid those flat (or choppy) market and don't open new positions or add to your current ones


You could use this indicator also in combination with MACD.

Please always remember, there is no holy grail indicator!
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?