|
PureBytes Links
Trading Reference Links
|
you claim momentum and acceleration are lagging indicators. before i
disagree, what is your definition of "leading" indicators? according
to what i've read on this and similar threads, nothing really
qualifies as a "leading" indicator, including regression analysis
"forecasts."
and why don't you consider momemtum and velocity as leading
indicators? i've constructed a momentum indicator with zero lag.
jurik constructed his "vel" or (vel = velocity = momentum) with zero
lag. next if you look at price and indicator divergences, then it
becomes a leading indicator, at least in my mind.
momentum and acceleration are only system / trading methodology
building "blocks." i use other "blocks" to confirm the momentum
changes. once i have a convergence of these "blocks," i generally buy
into falling price and sell into rising price with fairly low risk.
TJ
buy stocks when they're low and sell them when they're high. if
they're not low, then don't buy them. -- will rogers
---Allan Kaminsky wrote:
There was some earlier discussion on the list about Momentum and
Acceleration being leading indicators. This isn't true.
|