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If the driving force is directed against the position to be opened (indicator below nought for buying, or higher than nought for selling), a confirmation is needed, hence, an additional column is required. The Accelerator Oscillator is an indicator which fluctuates around a median (zero) level which corresponds to a relative balance of the market driving force with the acceleration. Positive values signal a growing bullish trend, while negative values may be qualified as a bearish trend development.
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According to the H1 time — frame, I found a fake breakout of the yesterday's low at the price of 1.
Wise Men Indicator demo. Technical analysis of Gold for October 4,