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Absolute Strength - Measure currency strength and anticipate trend reversals with the Absolute Strength Indicator (ASI)
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Absolute Strength - Measure currency strength and anticipate trend reversals with the Absolute Strength Indicator (ASI)
The Absolute Strength Indicator (ASI) is a popular and free MT5 forex indicator that is useful for traders who want to measure the strength of a currency pair. The ASI indicator is based on the average of the absolute price movements of a currency pair over a specified period of time. It takes into account both the magnitude and the direction of the price movements. The indicator is usually displayed as a histogram, with green bars representing positive price movements and red bars...
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