Indicators: Accumulative Swing Index Smoothed - Floating Levels

 

Accumulative Swing Index Smoothed - Floating Levels:

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 with the periods is recommended.

Author: Mladen Rakic