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New Breed of Technical Indicators — Violet

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New Breed of Technical Indicators — Violet

Discussing a New Technical Indicator and Coding it in TradingView

Sofien Kaabar, CFA
Apr 8, 2023
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New Breed of Technical Indicators — Violet

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This article discusses one of the indicators of a set called the Rainbow Indicators which are structured and unique combinations of price-derived techniques aimed to help the trader predict reversals or to confirm the on-going trend. The indicator discussed is called the Violet indicator, a contrarian method based on the concept of special moving averag…

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