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For what's it's worth, Ulrich, in "Trading for a
Living" Alexander Elder refers to Momentum, RSI,
and ROC as "leading" indicators.
"Oscillators are leading or coincident indicators
and often turn ahead of prices." (p. 120). He
defines trend following indicators such as moving
averages or the directional system et al. as
lagging or coincident.
Philip
A few minutes ago, I inadvertently posted this
note to the wrong thread. My apologies.
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