Accumulative Swing Index (ASI)

Running total of Wilder's Swing Index, which scores each bar-to-bar move by weighing the close-to-close change against gaps and candle bodies. The accumulated line forms a synthetic price chart: trendline breaks on the index confirm breakouts on price, while a breakout the index refuses to follow is suspect.

Live Demo

Pick a market regime to see how ASI(2) reacts:

Usage

import {AccumulativeSwingIndex} from 'trading-signals';
 
// AccumulativeSwingIndex yields results once 2 inputs have been added
const accumulativeSwingIndex = new AccumulativeSwingIndex();