How to open an FBS account?
Click the ‘Open account’ button on our website and proceed to the Personal Area. Before you can start trading, pass a profile verification. Confirm your email and phone number, get your ID verified. This procedure guarantees the safety of your funds and identity. Once you are done with all the checks, go to the preferred trading platform, and start trading.
How to start trading?
If you are 18+ years old, you can join FBS and begin your FX journey. To trade, you need a brokerage account and sufficient knowledge on how assets behave in the financial markets. Start with studying the basics with our free educational materials and creating an FBS account. You may want to test the environment with virtual money with a Demo account. Once you are ready, enter the real market and trade to succeed.
How to withdraw the money you earned with FBS?
The procedure is very straightforward. Go to the Withdrawal page on the website or the Finances section of the FBS Personal Area and access Withdrawal. You can get the earned money via the same payment system that you used for depositing. In case you funded the account via various methods, withdraw your profit via the same methods in the ratio according to the deposited sums.
Like Awesome Oscillator, Accelerator Oscillator was also developed by Bill Williams. Its aim is to forecast the price changes through measuring acceleration or deceleration of the current market driving force. This is possible because, according to Williams, the price usually starts moving slower before a reversal. As a result, Accelerator Oscillator changes direction slightly before the change in momentum. This, in turn, may be used to forecast the change of the price.
Accelerator Oscillator is calculated as the difference between the Awesome Oscillator and 5-period simple moving average of the Awesome Oscillator.
To add it to your chart in Metatrader, click “Insert”, choose “Indicators”, "Bill Williams" and then “Accelerator Oscillator”.
The oscillator fluctuates around the central zero levels. This is a place where the momentum and the acceleration are balanced. Its bars are either green (for the increasing acceleration) or red (for the decreasing acceleration).
How to trade using Accelerator Oscillator
It’s necessary to watch both the value and the color of the indicator’s bars. Notice that there’s a difference between the Awesome Indicator and the Accelerator Oscillator.
Firstly, the Accelerator Oscillator helps to eliminate bad entries. You shouldn't buy if you see a red bar and you shouldn't sell if the last bar is green.
Unlike the Awesome Oscillator, it’s not a signal when the Accelerator Oscillator crosses the 0 line, although it means a change in the market (a switch from bullishness to bearishness or vice versa) and certainly contributes to a trader’s judgment.
The potential solution is to buy if there are at least 2 green bars above 0 in a row. If the Accelerator Oscillator is below 0 and you want to open a buy trade, the momentum will be against you. As a result, the entry to a long position when the indicator value is negative requires an extra confirmation: you will need 3 green bars to buy instead of 2.
The same is will short positions. Sell when the Accelerator Oscillator forms at least 2 consecutive red bars below 0. If red bars are above 0, you will need 3 bars to sell.
Here is the example of signals provided by the Accelerator Oscillator:
The Accelerator Oscillator and the Awesome Oscillator can be used for trade signals together with the Alligator Indicator. Bill Williams proposed to open trades when the latter allows it and use the 2 oscillators to make the trades more precise. At the picture below, the Alligator Indicator signals a downtrend. As a result, it’s sensible to focus on the sell trades suggested by the Accelerator Oscillator. This will lead to a better quality of market entries:
2022-03-08 • Updated
Other articles in this section
- Fibonacci fan
- Fibonacci expansion
- How to Use Fibonacci Retracements
- Reversal candlestick patterns
- Continuation candlestick patterns
- How to deal with market noise?
- How to backtest a trading strategy
- Gator Oscillator
- Market Facilitation Index
- Awesome Oscillator
- Alligator indicator
- Bill Williams theory
- Chart patterns
- Uncovering Gann indicators
- How to create your own trading strategy?
- Candlestick patterns
- Trend trading
- Carry trade
- Swing trading
- Position trading
- Day trading
- Fibonacci tools
- Trader's psychology
- How to identify market reversal
- Japanese Candlesticks