The Accumulation Swing Index helps showing the line of the real market. The Accumulative Swing Index uses a scale from 0 to 100 for an up trend and 0 to -100 for a down trend. The Swing Index was developed by Welles Wilder. The ASI has a positive value if a long-term trend is up, and if long-term trend is down indicator appears in a negative value. During sideways moving … [Read more...]
Swing Index Indicator : The Concept
The Swing Index is often used as a part of the Accumulation Swing Index because alone it tends to create an inconstant plot. The Swing Index compares the links between the ongoing prices. They can be low, high, open and close. It links these with the previous period's prices to hold aside the real security's price. The Accumulation Swing Index shows this phantom line - the … [Read more...]