A technical analysis indicator developed by Bill Williams. If the Momentum (Awesome Oscillator) and Acceleration (Accelerator Oscillator) are in sync then there is a very strong trend.
Green Zone : Both AO and AC are green; strong bullish trend.
Red Zone : Both AO and AC are red; strong bearish trend.
Gray Zone : Both Oscillators have different colors; in transition.
Price bars are painted to reflect the current zone.« Back to Glossary Index