What do you think these indicators are?

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noushina
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What do you think these indicators are?

Postby noushina » Tue Jan 05, 2010 2:52 pm

I found this screen shot and wondered if anyone had an idea of what the two indicators are at the bottom.
Image
The top one looks like it might be RSI with a moving average of the same.

Bottom one is perhaps a histogram version of ADX

I don't know that the indicators are all that useful but I was curious and thought I would see if anyone here had an opinion.

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Postby retireme » Tue Jan 05, 2010 3:12 pm

noushina

see

Code: Select all

www.youtube.com/watch?v=QcO41N1n5Pc
www.traderoutlook.com/products/indicators/lttc.html


My understanding is that Mr Bob is a long term trend trader and the indicator in window "one" looks like a modified RSI

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newschool
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Postby newschool » Thu Jan 07, 2010 2:17 am

The first one is derived from the book "How To Use A Yellow Line Bouncing Around Another Red Line".

Second is the "Many green and red bars packed together" ultimate strategy.

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