Forex encyclopedia

Random article: Accumulation Swing Index
In his book “New concepts in technical trading systems” Wilder says: “If ASI lays on the same day chart, comparison with chart's lines can be made along the tendency shown by the indicator. For someone, who knows how to draw meaning trend's line, this indicator can serve as a nice tool confirming lines breaking the trend. Wrong break ups will not be confirmed by relevant lines in the indicator's area. Since to a greater extent ASI uses Close prices, intraday up and down movements do not influence indicator's index value heavily.”
Popular article: Wolfe Waves Indicator
Wolfe Waves – one of the numerous methods for market analysis. The method based on Wolfe Waves does not imply indicator, it uses wave analysis. An author of strategy is a professional trader and analyst Bill Wolfe. The difference of analysis based on Wolfe Waves from Elliot Wave Theory is that analysis is made on the spot, because marking is not required on high or low time-frames.
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