I found a picture of interesting indicators, unfortunately, can't find them, if anyone got them or one of them stored on his computer.
I don't know what exactly the indicator is, but it looks like Bill Williams FRACTALS. This indicator repaints and is not suitable for neither trading nor following as it picks the highs and lows after several bar advances.
<Edited to move answer out of quoted post>
you don't know the indicator and you know that its repaint and not suitable for trading, how's that?
There is the same question on the following page and Mr. Mladen answered it. But it doesn't seem to be the completely same one.
its a kind of Bollinger Bands and Heiken Ashi