Introduction to the ASH Indicator
This indicator is based on the Absolute Strength Index Oscillator which was originally developed by Tudor Marcelin. It was developed to help traders identify momentum and trend directions objectively using an oscillator type of indicator.
What is the ASH Indicator?
The Absolute Strength Histogram Indicator or ASH Indicator is a momentum indicator which is derived from the Absolute Strength Oscillator (ASO). It is also an oscillator type of technical indicator which calculates for the difference between the bulls power and the bears power and presents the difference as histogram bars. It is also derived from the Relative Strength Index (I-RSI) or the Stochastic Oscillator.
This indicator plots histogram bars which oscillate on an open range around its midline, okuyi-zero. Imigoqo evumayo ikhombisa ukukhetha kwe-bullish, ngenkathi imigoqo engemihle ikhombisa ukuthambekela kwe-bearish.
The color of the bars also changes depending on the short-term momentum direction. It plots blue bars to indicate a bullish momentum, red bars to indicate a bearish momentum, and gray bars to indicate periods with no clear momentum.
How the ASH Indicator Works?
The ASH Indicator has an algorithm which includes an underlying Relative Strength Index (I-RSI) and Stochastic Oscillator. The indicator uses either of the two oscillators as a basis for its calculations depending on the type of oscillator the user elects to use. It also applies moving average lines to its calculations to arrive at the values that the indicator would use as a basis for its histogram bars.
The color of the bars change depending on the value of the current bar compared to its prior bar. It plots blue bars when the value of the current bar is higher than that of the previous bar and a red bar whenever the value of the current bar is lower than that of the previous bar.
How to use the ASH Indicator for MT5
The ASH Indicator has a few modifiable options and variables which users can change to adjust the characteristics of the oscillator.
“Period” refers to the number of bars used to calculate for the underlying oscillator.
“Smoothing” refers to the smoothing period applied on its calculations.
“Mode” allows users to choose which oscillator to base its calculations on, whether RSI or Stochastic Oscilllator.
“Method” refers to the type of moving average applied to its calculations.
“Applied price” refers to the price point on the candle bar used for its calculations.
Thenga ukusethwa kwezohwebo
Open a buy trade as soon as the histogram bars cross above zero in confluence with other technical indications.
Close the trade as soon as the bars cross below zero.
Thengisa ukusethwa kwezohwebo
Open a sell trade as soon as the histogram bars cross below zero in confluence with other technical indications.
Close the trade as soon as the bars cross above zero.
Aside from the trading method discussed above, traders can also take trades based on the changing of the color of the bars coming from an overextended level, since these signals also indicate a probable momentum reversal. Noma kunjalo, the crossovers with zero tend to result in longer trending runs.
This indicator should also be used merely as part of a trading strategy and not as a standalone entry signal.
Izinkomba ze-MT5 – Landa Imiyalo
ASH Indicator for MT5 is a Metatrader 5 (MT5) inkomba kanye nengqikithi yale nkomba yezobuchwepheshe ukuguqula idatha yomlando onqwabelene.
ASH Indicator for MT5 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Ngokusekelwe kulolu lwazi, abathengisi bangathatha ukunyakaza kwentengo okuqhubekayo futhi balungise isu labo ngokufanele. Chofoza lapha ukuthola amasu we-MT5
Kunconywe Forex MetaTrader 5 Ukuhweba Platform
#1 – Imakethe ye-XM
- Mahhala $50 Ukuqala Ukuhweba Ngokushesha! (Inzuzo Ehoxiswayo)
- Ibhonasi Yesibambiso kufikela ku- $5,000
- Uhlelo Lokuthembeka Olungenamkhawulo
- I-Award Winning Forex Broker
- Amabhonasi Akhethekile Angeziwe Unyaka Wonke
#2 – Pocket Option
- Mahhala +50% Ibhonasi Ukuze Qala Trading Kweso
- 9.6 Isilinganiso sesisonke!
- Uyasho ngokuzenzakalela ku-akhawunti yakho
- Ayikho Imigomo Hidden
- Yamukela Izakhamizi zase-USA
How to install ASH Indicator for MT5.mq5 to your MetaTrader 5 Ishadi?
- Download ASH Indicator for MT5.mq5
- Copy ASH Indicator for MT5.mq5 to your Metatrader 5 Uhla lwemibhalo / ochwepheshe / izinkomba /
- Qala noma qala kabusha i-Metatrader yakho 5 Iklayenti
- Khetha Ishadi nesikhathi esibekiwe lapho ufuna ukuhlola inkomba yakho ye-mt5
- Sesha “Izinkomba Zokwezifiso” ku-Navigator yakho ikakhulu kwesobunxele ku-Metatrader yakho 5 Iklayenti
- Right click on ASH Indicator for MT5.mq5
- Namathisela eshadini
- Shintsha izilungiselelo noma cindezela ok
- Indicator ASH Indicator for MT5.mq4 is available on your Chart
How to remove ASH Indicator for MT5.mq5 from your Metatrader 5 Ishadi?
- Khetha Ishadi lapho i-Indicator isebenza ku-Metatrader yakho 5 Iklayenti
- Qhafaza kwesokudla kuShadi
- “Uhlu lwezinkomba”
- Khetha inkomba bese ususa
ASH Inkomba MT5 (U-downloader mahhala)
Chofoza lapha ngezansi ukulanda: