Based on the code
https://www.prorealcode.com/prorealtime ... indicator/The RSIV-1 is able to adapt quickly to the change in trading direction and thus give back-to-back long and short signals. The primary reason that RSIV-1 can adapt quickly is due to the nature of the linear regression it uses. Linear regression can adapt to direction changes relatively fast.
Description from the author of the indicator: Kirk Northington