Accumulative Swing Index – ASI – indicator MetaTrader 5

Fig.1. ASI Indicator
Real author: MetaQuotes The Accumulative Swing Index indicator is applied for accumulative swing index construction (Accumulative Swing Index – ASI) which represents cumulative total of swing index values. Accumulative index draws an “actual” market line revealing market relative strength and trend. Support and resistance lines, breakdown of which is interpreted as an indicator’s signal, are … Read more

Accumulative Swing Index Smoothed – indicator MetaTrader 5

Accumulative Swing Index Smoothed - indicator for MetaTrader 5
Accumulative Swing Index is a useful indicator but it lacks an ease of usage (sine the levels are not usable in it). This version of the indicator is attempting to add some more functionality to it by producing much smoother results in which case the slope of the accumulative swing index can be used as … Read more

Accumulative Swing Index Smoothed – Floating Levels – indicator MetaTrader 5

Accumulative Swing Index Smoothed - Floating Levels - indicator for MetaTrader 5
In this version of Accumulative Swing Index Smoothed indicator we are introducing a sort of levels that can be used for trend assessment. Floating levels are used for that and that way the indicator is not depending on any kind of fixed levels, which makes the indicator a sort of an adaptive indicator. Some experimenting … Read more