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Re: Trend or No Trend, Gambler Indicators



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At 05:23 PM 10/15/98 +0100, T-BONDTRADER wrote:
>>what am i missing here?  is it just a question of semantics and all
>>indicators are lagging, or some lag less than others?
>
>ALL INDICATORS LAG
>
>Provided, of course, we are talking about the same thing!  An indicator,
>sofaras I am concerned, is derived from price (e.g. RSI, Stochastic, MACD,
>etc, etc, and I have over 100 of them) and if that is the case they must
>lag.  On the Holy Grail is in front of price, so all the rest must lag.
>
<snip>

Indicators only have to be derived from price if you only look at price.

Allan

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