TTI RSIV-1 indicator

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TTI RSIV-1 indicator

Postby Apprentice » Thu Sep 29, 2022 1:04 am

EURUSD m1 (09-29-2022 0803).png

Based on the code
https://www.prorealcode.com/prorealtime ... indicator/

The RSIV-1 is able to adapt quickly to the change in trading direction and thus give back-to-back long and short signals. The primary reason that RSIV-1 can adapt quickly is due to the nature of the linear regression it uses. Linear regression can adapt to direction changes relatively fast.

Description from the author of the indicator: Kirk Northington
TTI RSIV-1 indicator.lua
(7.88 KiB) Downloaded 80 times
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