|
PureBytes Links
Trading Reference Links
|
In a message dated 98-11-18 11:01:10 EST, gbodnar@xxxxxxxxxxxxxxxx writes:
> What is your favorite leading indicators?? All or Any comments are welcome.
> .
Not sure there is such a thing if you are basing the indicator on price
action. Occasionally momentum indicators will act like they are leading
indicators, but one needs to be aware that they will only work when the market
you are following is exhibiting cyclical characteristics close to the momentum
lengths you have chosen.. One can be sure when one has backtested and is
satisfied, the market will change when you put your money on the line.
Pete
|