Absolute Strength Index System - aflcode.com | Latest collection of Amibroker afl 2023

Absolute Strength Index System

//www.aflcode.com
n=Optimize("period",10,1,100,1);/*period*/

    A=0;
    M=0;
    D=0;

  diff = Close - Ref(Close, -1);
ratio = Close / Ref(Close, -1);

A = EMA(IIf(diff > 0, ratio - 1, 0), n);
M = EMA(IIf(diff == 0, 1 / n, 0), n);
D = EMA(IIf(diff < 0, 1 / ratio - 1, 0), n);

ASI=IIf (D+M/2==0, 100, 100-100/(1+(A+M/2)/(D+M/2)));


  Plot(ASI,"ASI10",colorDarkBlue); 
  
  Plot(50,"",colorBlack,styleLine);
  Plot(70,"",colorGreen,styleLine);    
  Plot(30,"",colorRed,styleLine);  

GraphXSpace = 3;