Chaos zone – indicator MetaTrader 5

Indicator that is a combination of two Bill Williams’ indicators.

  • Accelerator Oscillator.
  • Awesome Oscillator.

The way how it works is simple – but seems to be producing usable results:

  • When both are sloping up, it indicates up.
  • When both are sloping down, it indicates down.
  • Otherwise it indicates neutral.

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Alternative:   PS Magicas - Three moving averages - indicator MetaTrader 5