Recent content by jacky2009

Its function is same as appylying the Volatility bands on price. Accordingly to Brown's book, it maybe used to know how overbought or oversold can a market become! :)

I did read Brown's book recently. She advised how to add Volatiliy Bands on RSI but the formula is in Tradestation format which I don't know so far. Can anyone know how to add the Volatiliy Bands on RSI for Metastock? Many thanks!