Good point about momo indicators and divergence but
it goes a bit farther. The velocity of the momo gives a good heads up
regarding price movement and acceleration of major reversals. Not
perfect by any means but very useful in one's bag of
tricks.
Bill
----- Original Message -----
Sent: Friday, March 14, 2008 10:02
AM
Subject: [amibroker] Re: Leading
indicators
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
amibroker@xxxxxxxxx ps.com,
Kethek Ogleng <budheng0402@ ...>
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>
------------ --------- ---------
------
Please note that this group is for discussion between users
only.
To get support from AmiBroker please send an e-mail directly to
SUPPORT {at} amibroker.com
For NEW RELEASE ANNOUNCEMENTS and other
news always check DEVLOG:
http://www.amibroke
r.com/devlog/For other
support material please check also:
http://www.amibroke r.com/support.
htmlYahoo! Groups
Links
<*> To visit your group on the web, go
to:
http://groups. yahoo.com/
group/amibroker/<*>
Your email settings:
Individual Email |
Traditional
<*> To change settings online go
to:
http://groups. yahoo.com/ group/amibroker/
join (Yahoo! ID
required)
<*> To change settings via email:
mailto:amibroker- digest@xxxxxxxxx
ps.com
mailto:amibroker- fullfeatured@ yahoogroups.
com<*> To unsubscribe
from this group, send an email to:
amibroker-unsubscri be@xxxxxxxxxxxx
com<*> Your use of
Yahoo! Groups is subject to:
http://docs. yahoo.com/
info/terms/--
No
virus found in this incoming message.
Checked by AVG Free Edition.
Version: 7.5.516 / Virus Database: 269.21.7/1319 - Release Date: 3/8/2008
10:14 AM