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or xau index to gold futures.
i understand the definition, but certain "flavors" of momentum and
acceleration (unbound indicators) seem to apply. the problem i have
with using rsi and stochastic is that they're bound indicators, and
have big problems accurately defining tops and bottoms. momentum and
acceleration do better for me.
---Robert W Cummings wrote:
Definition of a leading indicator: An indicator that precedes price
therefore predicting price somewhere in the future. The only type
indicator I think that can do this is price of one market to another
say the S&P to a stock thats known to follow the S&P. Your claiming
the VEL has zero lag I'm not disagreeing but thats pretty impressive
indeed, do mean to say has less lag than most.
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