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>At 07:50 PM 1/14/99 -0800, Dennis Holverstott wrote:
>I don't get it. Why would anyone want to use displaced averages?
>
>This would give the *appearance* on a historical chart of removing the
>lag from the average. The turns of the average would *appear* to predict
>the future. The catch, of course, is that it wouldn't work realtime.
>
>Seems like a good way to generate some nice looking historical
>charts if you are trying to sell indicators but I can't see what good it
>would be for trading.
>
>--
> Dennis
>
Dennis,
I wouldn't use Displaced Moving Averages as a mechanical system.
But then I wouldn't use a mechanical system (g).
Displaced Moving Averages are a great trading tool, ask a trader
who uses them. If you already have a dependable trend indicator, you
may not need Displace Moving Averages.
-Neal.
-----------------
Neal on the 'net.
Trade well. Train hard.
http://www.halcyon.com/neal/
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