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 drawn on the chart.
This indicator was first implemented in MQL4 and published in CodeBase on February 7, 2007.
Fig.1. ASI Indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/6974
The indicator exemplifies smoothing of price time series by means of filtration of harmonics of a greater order.i-SpectrAnalysis_RSI
The indicator exemplifies smoothing of price time series of the RSI indicator by means of filtration of harmonics of a greater order.