Absolute Strength Histogram trend-following indicator.
The indicator displays the difference between bulls and bear power of the Absolute Strength Oscillator (ASO) indicator as a histogram
There are five inputs:
Calculation:
ASH = BullsStrength - BearsStrength
where:
BullsStrength = MA(AvgBulls, Smoothing, Method)
BearsStrength = MA(AvgBears, Smoothing, Method)
AvgBulls = MA(Bulls, Period, Method)
AvgBears = MA(Bears, Period, Method)
Bulls = Price - Min
Bears = Max - Price
Price - Applied priceMin, Max - the highest and lowest prices within the Period interval

Fig. 1. ASH mode of RSI

Fig. 2. ASH mode of Stochastic

Fig. 3. ASH + ASO
Tradotto dal russo da MetaQuotes Ltd.
Codice originale https://www.mql5.com/ru/code/21429