Does anyone knows which indicator are they using? please http://www.youtube.com/watch?v=W4iNqQnibB0&feature=related http://www.youtube.com/watch?v=UcC9N6wY69M The bands are very similar to moving averages, but the other one which goes up and down continuosly keeps me intrigued.... It seems like an stochastics, but it tunrs smoother. Anyone have used them and can share what they are? please Many thanks!
It might be some kind of an RVI indicator with a low Period value and adjusted to fit the price chart. Can't be 100% sure though, but it's similar. The low period value would make it jump up and down like that but it wouldn't be very useful imo.
Hi Braincell, You mean a RSI, right? what is an RVI?. That was my first thought but as you see a RSI with a low period jumps up and down on every tick of the current bar. Definitely it´s not. But thanks anyway. Anymore information? please!