Based on an Artificial Intelligence (AI) engine, the E.G. AI Accelerometer reveals the driving force behind the price movements of an asset; by measuring how many buyers and sellers are in a market, it helps you form a view of the future direction of the price and – crucially – how fast that movement may be. The E.G. AI Accelerometer can be used as a complementary tool to the E.G. Trigger Point to reduce false triggers; it can be used to detect possible line breakouts.

Thus, the E.G. AI Accelerometer can help you in three respects:

1. Reversals Identification – where the price of an asset changes direction and moves from an uptrend to a downtrend or vice versa, in this case, low acceleration is observed.

2. Position Management – where the price of an asset accelerates against position entry points (useful for early exit decisions) or vice versa — managing profitable positions by trailing the stop loss in the direction of the observed acceleration (i.e., acceleration-based stop loss trailing).

3. Breakout Identification – where the price of an asset accelerates while reaching significant price areas (e.g., S&R lines).

The E.G. AI Accelerometer appears in a box directly underneath the regular price chart; It has a zero-line running horizontally along the middle with positive and negative values above or below it. Positive values indicate a bullish market, where buyers outnumber sellers and prices are rising. The higher the acceleration value is, the more buyers are in the market and the stronger the driving force behind the rising price. Negative values indicate a bearish market, where sellers outnumber buyers. The lower the acceleration value is, the more sellers are in the market.

Frequently Asked Questions

1. Where are the blue lines?
   You need to put the blue lines (thresholds) on your own in the Accelerometer window. Just press F6 and then click near the median line. Press F6 again and click near the median line. So, your thresholds are already there!
   
   
2. Why is my Accelerometer flat, or why does it exceed the window?
   Please click on the Accelerometer scale and move it up or down to adjust.
   
   
3. How to adjust thresholds?
   Right-click on the blue line. An option box would pop up. Click “Properties”. First, tick “Locked” to avoid accidentally moving the threshold. Then, set a value in the “Anchor Y” box. Please type ” – ” if you want the threshold below the median line. Click OK.
   
   
4. What value should be set to the Accelerometer’s thresholds?
   There is no “one size fits all” rule. It is strictly related to what you trade, what kind of charts, and what time frames (if applicable).
   
   Here are some possible examples:
   CL 1 minute: +/- 0.0025 CL 5 minutes: +/- 0.005
   ES 1 minute: +/- 0.05 ES 5 minutes: +/- 0.2
   RTY 1 minute: +/- 0.02 RTY 5 minutes: +/- 0.05
   GC 1 minute: +/- 0.02 GC 5 minutes: +/- 0.05
   
   NQ RENKO 12/4: +/- 0.08
   RTY RENKO 12/4: +/- 0.05
   CL RENKO 5/2: +/- 0.002
   
   Feel free to test what works for you on different charts and settings!
   
   
5. Could you give some examples of different accelerometer thresholds on the 15-minute chart for ES, RTY, and NQ?
   You can apply the Snake (Accelerometer) on any 15-minute chart and play with it. Zoom it in and compare its convulsing moves with the price action. It helps you find a pattern: a threshold value that repeatedly announces a substantial price movement. 
   
   
6. What is the meaning of the thresholds? How do we know we are doing the correct thing? How are they deduced?
   A threshold attempts to filter out meaningless movements; you scale up and see on each different instrument and timeframe after what indication of the Accelerometer the price starts to move in one or another direction.