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In a message dated 98-03-24 17:45:03 EST, Peter2150@xxxxxxx writes:
<<
> I have heard of the term "leading indicators" before.
> So is there not such a thing?
> Could someone give me examples of "leading indicators" if they exist?
> And how they can be used? >>
HAVE A LOOK AT A 3 PERIOD TRIX WITH A 5 PERIOD TIME SERIES MOVING AVERAGAE OF
SAME. THE TRIX WILL OFTEN CROSS THE MA 1 TO 3 BARS PRIOR TO A CHANGE IN
DIRECTION OF PRICE.
BEST OF LUCK.
POMPATIS
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