The technical indicator used to display the values of Absolute Strength indicator as a histogram.The indicator consists of:
. curve bulls
. curve bears
Interpretation Signals And Rules Of Trading
- Buy signal:
. The Bulls curve crosses the Bears upward curve - Trend bullish
. Histogram with green bar: the bulls curve is above the curve bears - Trend bullish
. Sell signal:
. The Bulls curve crosses down the Bears curve - trend bearish
. Histogram with red bar: the bulls curve is below the curve bears - Trend bearish
Read more about the rules and trading signals:
Exchange - Trading Absolute Strength
Analysis Trading
Trade - Example
Exchange
Nasdaq Comp Index Listing. | COMP
Time Frame: 4 hours - H4
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