This is a part II of Tushar Chande’s RAVI indicator from his book “Beyond Technical Analysis“
Tushar Chandes RAVI Indicator (Part II) gives remarkable results, yet very similar to his RAVI Indicator (Part I). As with the Part I version of his RAVI Indicator, I felt the need to modify the threshold to something different from 3%.
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Tags: R, RAVI (Part II), Tushar Chande
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