Latest advancement of Indicators.

what are the Latest Indicators , and advancement of modified things in that, if any.

what is the difference between ConnorsRSI and J. Welles Wilders RSI and How to calculate them.

no single respnse till now.
I request experts please shed some thing upon these.

whether the indicators useful or not , guidence most welcome.
Thanks to who reply and view this thread.

Hello,

Both use the Same input, for calculations,conors RSI Used for very short term Reversals,wilder's rsi can be used for every timeframe by just manipulating its periods,it can also be used as Trend detecter, and not only for OB/OS.

see it completely depends upon u to decide which to use..depending upon ur psychology...Again u asked for usefullness....if these Indicators are not useful..then all other indicators also not useful..bcoz every indicator uses...
one of .....price/volume/time .....or combination of both in their calculations.

No indiacator is Bad or Good.its requires u to decide which one is bad or good.

so don't ask again and force anybody to give their view,their view may be different and u may miss the indicator which suits ur psychology.

Regards,

oh, jahan, some words came with mis meaning that goes to wrong indication. I am sorry for that if you felt bad.

actually I want to know where & how to use them, these both are different means they can be utilized in different way, different analysis purpose. so that I ask what are it's uses. ( in a confusion I wrote whether they r useful but actually there it is how it is already using in trading.)

why this much ego and angry maaaaan, because you know more and me know less
and want to know something from experienced.

western styled thinking and talking is not so fit in indian atmosphere. There could be a difference in these from many thousands of years clearly.

Someone will always try to develop a new indicator but that rarely means that it is better. Master the standard indicators before you ask whether a new "tweak" is any better.