That's a variation of Zig-Zag. The other one is support and resistance of zig-zag. From the look of it, I can tell these indicators repaint the past, meaning it will redraw all the losses to make itself look like a profitable indicator while it's not.
I made a similar indicator that won't repaint the past. It looks a bit different. Usage however should be the same. It's called Super S/R. I have the gut feeling that the indicator you described is a ripoff of my indicator. I could tell from the watermark text "fxcruiser". What's the odd of choosing the same font, font size and position for the watermark?
scorpion:
I made a similar indicator that won't repaint the past.
I made a similar indicator that won't repaint the past.
What is the sake in not repainting the past
I use relative strength indicators..
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Can someone tell me which indicator used for hot pink lines. Those lines are extending to the right. Ones its ready for swing that line comes down and closes.
Thanks