Combined AO + AC histogram with MTF options for MT4 — read momentum vs acceleration, zero‑line flips and clean alerts.

Awesome + Accelerator Histo (MTF) (MT4)

Awesome + Accelerator Histo (MTF) combines Bill Williams’ Awesome Oscillator (AO) and Accelerator/Decelerator (AC) into a clean, color‑coded histogram, with multi‑timeframe (MTF) options and optional alerts. Read momentum vs acceleration, time zero‑line flips, pullbacks and trend continuations in MetaTrader 4.

Overview

What it shows

AO (momentum relative to the 34‑period baseline) and AC (change in momentum) in one histogram panel.
Zero line context, saucer/twin‑peaks style hooks, and color by slope/sign.
(Optional) MTF overlay — plot higher‑TF AO/AC while trading lower TF.
(Optional) arrows/alerts — zero‑crosses, slope flips, MTF alignment, and pattern triggers.

Trade ideas

Flip + first pullback: after an AO zero‑line flip, take the first pullback where AC supports the direction (same‑color bars).
MTF alignment: require HTF AO > 0 for longs (or < 0 for shorts), then use LTF AC green/red sequences to trigger.
Saucer/twin‑peaks: classic AO patterns; confirm with AC acceleration and price structure (HH/HL or LL/LH).
(Optional) Range reversion: when AO is flat around zero, fade exhausted pushes back to the mean; exit on fresh flip.

Signals

Inputs that matter

AO/AC periods and smoothing — responsiveness vs stability.
MTF timeframe — H1/H4/D1 overlay for regime filter.
Alert set — zero crosses, slope flips, MTF alignment, pattern events.
Colors/widths — fast visual read.

Suggested usage

M5–M15: flip→pullback entries; AC as trigger.
M30–H4: swing continuations with MTF confirmation.
Daily+: bias/regime read and risk tilt.

Installation (MT4)

Open MetaTrader 4 → File → Open Data Folder.
Copy awesome_4_color_alerts_mtf_hist.ex4 to MQL4/Indicators.
Restart MT4 (or refresh Navigator) and attach Awesome + Accelerator Histo (MTF).
Tweak inputs → OK.

FAQ

Does it repaint? No on closed bars; MTF buffers update on their source TF’s close.
Use in EAs? Yes, via iCustom.
Markets? FX, indices, metals, crypto — anything on MT4.

Disclaimer: Test on a demo account first; risk management is essential.

FX-ULTRA