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Absolute Strength Indicator Strategy

Source: https://fxcodebase.com/code/viewtopic.php?f=31&t=3848
Forum: 31 · Topic 3848 · 13 post(s)


Absolute Strength Indicator Strategy

Apprentice · Wed Apr 06, 2011 2:33 am

ASI Strategy.png

You have to distinguish Strategy Mode Signal - Show each CrossOver Signal Strategy - For Trading Mode

Signal Type Indicator / Signal Line CrossOver - Trade if we have Indicator / Signal Line CrossOver Indicator / Indicator Line CrossOver - Trade if we have Indicator / Indicator Line CrossOver

ASI Strategy.lua

To make this work, please install. viewtopic.php?f=17&t=2987&p=7205&hilit=Absolute+Strength+Indicator+Strategy#p7205

The Strategy was revised and updated on December 09, 2018.


Re: Absolute Strength Indicator Strategy

eMPGee · Tue May 03, 2011 1:47 pm

Hi Apprentice, You do great work. I have been using the ASI indicator for several months with great sucess. I am pleased to see that you have developed the ASI strategy.

Today I used the statagey and had several good trades, the only issue I am having; My stop and limit orders are not benig executed. I have all parameters set in the stratagey to place trailng stop and limit order. Any advice?

Thank you very much for all that you do? Great Work!


Re: Absolute Strength Indicator Strategy

Apprentice · Tue May 03, 2011 2:15 pm

I’m not sure, I have to check. I personally do not use strategies or indicators.

Are you from U.S.


Re: Absolute Strength Indicator Strategy

eMPGee · Tue May 03, 2011 3:00 pm

Apprentice wrote: I’m not sure, I have to check. I personally do not use strategies or indicators.

Are you from U.S.

Yes, I am from the U.S.


Re: Absolute Strength Indicator Strategy

Apprentice · Wed May 04, 2011 2:53 am

As far as I know, U.S. trader can not set a stop order. Due to regulatory restrictions.

“Close, Stop and Limit orders on individual trades for all United States based accounts are not functional as they are not compliant with the National Futures Association (NFA) Compliance Rule 2-43 (b).”

http://www.nfa.futures.org/news/PDF/CFT … 112408.pdf


Re: Absolute Strength Indicator Strategy

sfrohock · Sun May 08, 2011 5:23 pm

I just downloaded this strategy and it tells me I need an Absolute Indicator to run it. I’ve looked all over this site and am unable to find the correct Indicator. Help Please. SteveF


Re: Absolute Strength Indicator Strategy

Apprentice · Mon May 09, 2011 3:54 am

Link for it, you can find on the top most post in this topic.

Or Here viewtopic.php?f=17&t=2987&p=7205&hilit=Absolute+Strength+Indicator+Strategy#p7205


Re: Absolute Strength Indicator Strategy

arindam89 · Wed Oct 03, 2012 10:29 pm

Apprentice wrote:

ASI Strategy.png

You have to distinguish Strategy Mode Signal - Show each CrossOver Signal Strategy - For Trading Mode

Signal Type Indicator / Signal Line CrossOver - Trade if we have Indicator / Signal Line CrossOver Indicator / Indicator Line CrossOver - Trade if we have Indicator / Indicator Line CrossOver

ASI Strategy.lua

To make this work, please install. viewtopic.php?f=17&t=2987&p=7205&hilit=Absolute+Strength+Indicator+Strategy#p7205

hi apprentice this is a great indicator it can be used both in trending as well as range markets but there is a small loophole in the strategy loophole for example when both signal and indicator line is bearish(on top) and when there is crossover of indicator line and signal line it is opening a short position which i fell is wrong please make a correction

correction[u] for example when both signal and indicator line is bearish(on top) and when there is crossover of signal line and indicator line it must open a short position thanks by arindam


Re: Absolute Strength Indicator Strategy

Apprentice · Thu Oct 04, 2012 5:37 am

Your request is added to the development list.


Re: Absolute Strength Indicator Strategy

Apprentice · Wed Dec 07, 2016 4:36 am

Bump up.


Re: Absolute Strength Indicator Strategy

khanatd · Thu Oct 23, 2025 11:44 pm

Hi sir plz make mt4 version of it with non repaint arrows , with mt4 ea and buffers numbers written for buy and sell too indicator +EA mt4 with tp sl in $ too, trailing ,etc

thanks khan


Re: Absolute Strength Indicator Strategy

Apprentice · Wed Oct 29, 2025 5:54 am

We have added your request to the development list. Development reference 702


Re: Absolute Strength Indicator Strategy

Apprentice · Thu Nov 06, 2025 7:09 am

AbsoluteStrengthIndicator_with_Alert_Arrow.mq4

AbsoluteStrengthIndicator_with_Alert Arrow_EA_v1.00.mq4