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Hello Admin,

I'm trying to create a custom Accelerator/decelerator indicator where i can adjust the moving average. The formula I found online as a guide is as follows:

1. Count the difference of two Simple Moving Average, AO.
AO = SMA(Median Price, 5) - SMA(Median Price, 34)
2. The result is the difference between AO and the Moving Average of AO
AC = AO - SMA(AO, 5)
Substitute AO with DIF would be more self-explanatory. The only reason to use AO is that the AO (Can't find indicator/ao-awesome-oscillator to include!) also introduced by Bill Williams.

DIF = SMA(Median Price, 5) - SMA(Median Price, 34)
AC = DIF - SMA(DIF, 5)

http://kolier.li/indicator/accelerator-oscillator


***The part that is confusing me is the equation AC = DIF - SMA(DIF, 5). How can I create a command asking for the SMA of AO??

You need to create on indicator for SMA(DIF, 5) then a second indicator that uses it with the complete calculation DIF - indicator.

thanks. i'm getting this message now that i'm ready to import the custom indicator. the image is attached. I also noticed the same message for all other indicators i've built before. what am i doing wrong?

plus the custom indicator works just fine on mt4. i attached it

The message is fine. It just tells you that there are no variables in the indicator. Probably you need to use mode 0 to get the signal

the equation is working properly. thanks