Some "Lagging" indicators "Sometimes" display "Leading" characteristics.
Any half decent momentum indicator may display divergence on a double top/bottom for example. If I receive an entry signal at such a time my trading plan forces me to increase my initial position size and any subsequent pyramiding obviously a result of my belief that the indicator is leading price at this time. I also utilise an advance/deline indicator to fine tune entries. Say I'm looking at a long position on a pullback trade. I'm waiting for signs that the is about market to turn back up. I may have two red candles, but my AD line may well turn back up on the last or sometimes both days. You'd better believe I'm loading up for big game (position size wize) if, on the following day, price turns back up also. IMO the AD line is leading price. So "Leading" indicators? Well no ..but sometimes yes. Regds and good trading Gerard --- In [email protected], Kethek Ogleng <[EMAIL PROTECTED]> wrote: > > Dear Thomasz and Brian, > > I have explored indicators that I am aware of, but I have not found single leading indicator. Eventhough I hv changed the parameters, , the indicators were all lagged. The fastest indicator that I am aware of is Heikin-Ashi, but still it is not leading indicator. In the best of your knowledge and experience, what are leading indicators available for AB users (or at least faster that Heikin-Ashi)? Logically (for non-IT guy like me), the leading indicator must contain price linear regression and volume components. > I am aware that if someone had it, he or she must be a multibillioner and wouldnt share with us. Ha ha ha > > Regards, > Kethek > > > ______________________________________________________________________ ______________ > Looking for last minute shopping deals? > Find them fast with Yahoo! Search. http://tools.search.yahoo.com/newsearch/category.php?category=shopping >
