OPEN-SOURCE SCRIPT
Accumulation Swing Index
Per Investopedia: The ASI is used to gage the long-term trend by comparing bars which contain its opening, closing, high and low prices throughout a period of time. It is a trend finding/confirming tool.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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