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Application of Accumulation Swing Index

30/01/2010 by admin

How ACC/ Swing Index is used as an application? To use this application , the following formula is used : ' SI(i) = 50*(CLOSE(i-1) - CLOSE(i) + 0,5*(CLOSE(i-1) - OPEN(i-1)) + 0,25*(CLOSE(i) - OPEN(i)) / R)*(K / T) ASI(i) = SI(i-1) + SI(i) Where: SI (i) — current value of Swing Index technical indicator; SI (i - 1) — stands for the value of Swing Index on the previous … [Read more...]

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