Re: GEN: All indicators lag, don't they?

[Bob Fulks <bfulks@xxxxxxxxxxxx>]

At 7:26 PM -0500 3/25/98, Peter Namtvedt wrote:

>I don't know about Market Profile.  I do have a question I can't seem
>to get an answer to from other RTs:  how does just price work as an
>indicator?

I am having a difficult time understanding you question.

I can think of several examples of prices as an "indicator":

  > Candlestick patterns (relationship of open, close, high,
    low on one or more bars)

  > Inside and outside days (relationship of prices for two
    days)

  > Various reversal patterns (see Omega "ShowMe" indicators)

All of these have fairly common interpretations and require only prices and
relationship between prices.

Bob Fulks