Accumulation Swing Index Breakouts
As most of you know accumulation swing index is mainly used for finding the real breakouts of trend lines. That means if the trend lines drawn on the price charts are broken but not the trend lines drawn on the ASI indicator, it is not a real break out. But if both the trend lines are broken they are real breakouts.
I have been trying a simple technique using ASI where I am not considering the trend lines on the price charts but only the trend lines on the ASI indicator. I am drawing the trend lines on the ASI indicator and if the trend lines are broken I am entering the trades. I am currently doing it on my demo account to check how it is working. I have started it around a week and traded for a week in the demo account. It's working quite good. I have presented the first weeks trading results at
http://www.forexbees.com/accumulatio...results-week-1
I will trade it for another three weeks in my demo account to check how it is working. If it works good then I will use it in my live account.
Raj,
[url]http://www.forexbees.com[/url]