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Accumulation Swing Index (ASI)
Or Accumulative Swing Index is created by Welles Wilder. And is an accumulation of the Swing Index. Use it to confirm trends or see when trends are diverging which predicts a change in trend on long timeframes.
Example

Interpretation
Buy when Accumulative Swing Index breaks above a downward trendline or, in a price consolidation period, above resistance.
Sell when the Accumulative Swing Index breaks below an upward trendline or, in a price consolidation period, below support.
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Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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