Absolute Strength Histogram: May the trend strength be with us

Absolute Strength Histogram: work principle, advantages, disadvantages, trading signals.

Absolute Strength Histogram is a technical tool that aims at identifying the current trend and filtering the signals of the main indicator. It pretty well performs with trend lines. It is not included in the standard tool kit of the MT4, but it can be downloaded for free from the Internet, or via the link given below in the article. The indicator locates under the working price chart , it looks like a histogram with green and red bars. The bars represent the values of two moving averages: the slow MA…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>