How does the Accumulation Swing Index indicator work?

The Accumulation Swing Index (ASI) indicator helps traders track changes in trend strength based on price fluctuations. This tool, created by James Burenson, measures the difference between the current and previous prices, considering the strength of movements. ASI is used to identify potential reversal points and confirm trend direction. It is based on accounting for trading volumes and price levels, helping create more accurate forecasts for making trade decisions.