{"id":2129,"date":"2010-01-30T23:55:00","date_gmt":"2010-01-30T18:25:00","guid":{"rendered":"http:\/\/www.niftylivecharts.com\/blog\/?p=2129"},"modified":"2010-01-30T23:55:01","modified_gmt":"2010-01-30T18:25:01","slug":"application-of-accumulation-swing-index","status":"publish","type":"post","link":"https:\/\/www.niftylivecharts.com\/blog\/application-of-accumulation-swing-index\/","title":{"rendered":"Application of Accumulation Swing Index"},"content":{"rendered":"

How ACC\/ Swing Index is used as an application<\/span><\/strong>?<\/p>\n

To use this application , the following formula is used :<\/div>\n
‘<\/div>\n
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)<\/div>\n
ASI(i) = SI(i-1) + SI(i)<\/div>\n
<\/div>\n
Where:<\/strong><\/div>\n
SI (i) \u2014 current value of Swing Index technical indicator;<\/div>\n
SI (i – 1) \u2014 stands for the value of Swing Index on the previous bar;<\/div>\n
CLOSE (i) \u2014 current close price;<\/div>\n
CLOSE (i – 1) \u2014 previous close price;<\/div>\n
OPEN (i) \u2014 current open price;<\/div>\n
OPEN (i – 1) \u2014 previous open price;<\/div>\n
R \u2014 the parameter we get from a complicated formula based on the ratio between current close price and previous maximum and minimum;<\/div>\n
K \u2014 the greatest of two values: (HIGH (i – 1) – CLOSE (i)) and (LOW (i – 1) – CLOSE (i));<\/div>\n
T \u2014 the maximum price changing during trade session;<\/div>\n
ASI (i) \u2014 the current value of Accumulation Swing Index.<\/div>\n
<\/div>\n

\n<\/em><\/strong><\/div>\n
The formulae leads to a daily value that lies between\u00a0-100 and +100.<\/em><\/strong><\/div>\n
<\/div>\n
<\/div>\n
Signals<\/span><\/strong><\/div>\n
These rules apply only to the ASI and must be correlated with the price action point.\u00a0<\/div>\n
<\/div>\n
Buy Signal: Upside Breakout \u00c3\u00a2?? ASI exceeds a previously significant High Swing Point\u00a0<\/div>\n
<\/div>\n
Sell Signal: Downside Breakout \u00c3\u00a2?? ASI drops below a previously significant Low Swing Point\u00a0<\/div>\n","protected":false},"excerpt":{"rendered":"

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) \u2014 current value of Swing Index technical indicator; SI […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[5828,5831,5836,5833,2297,5837,5835,5832,5834],"class_list":{"0":"post-2129","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-general","7":"tag-acc-swing-index","8":"tag-application-of-swing-index","9":"tag-calculation-of-accumyulated-swing-index","10":"tag-forex-trading-analysis","11":"tag-forex-trading-indicators","12":"tag-formula-for-swing-index","13":"tag-metstock-indicators","14":"tag-swing-index","15":"tag-trading-indicators","16":"entry"},"_links":{"self":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/2129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/comments?post=2129"}],"version-history":[{"count":0,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/2129\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/media?parent=2129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/categories?post=2129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/tags?post=2129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}