When you start to trade currency, it’s important to keep in mind that looking for the great forex technical indicator is stopped because there is no holy grail in foreign exchange. Accumulation Swing Index (ASI) is a lagging forex indicator, and is often used to confirm whether a forex trend has remained intact. The Accumulation Swing Index (ASI) is a currency indicator technical that measures when there is a forex trend, how it’s developing, and how strong is it. In an bullish trend, the price should be closing near the highs of the trading range, and during a downward trend, it could be near the lows.
Download : Accumulation Swing Index (ASI)