Any leading indicators you recommend?

To be honest you need to go to stockcharts.com and look at all their TA stuff, its free and gives you all the info you need like discriptions and proper usage. When i started out i didnt ask questions i read everything on the internet i could find plus bought a stack of books. You need to know how ALL of the indicators work in you particular software package, whether you use them or not. I found about three or four from each group of indicators and ocsillators for a total of about 12 and knocked one off the list at a time untill i had one from each catagory.
first use multiple monitors to watch different time frames
MACD and full STO are really good
but if you dont understand full STO or slow then it isnt going to help
 
try predicting tommorrows headlines today.

the past and future meet to create the present.

its similar to knowing what the ending of a movie will be like as it starts out. Certain themes are constant in the movie industry. Thus that becomes the edge.

so if you know the themes present historically, and you know present conditions, you can asses present conditions to come out with different probability streams.

this is the only leading indicator i try to develop.
 
Quote from Spectre2007:

try predicting tommorrows headlines today.

the past and future meet to create the present.

...

this is the only leading indicator i try to develop.
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Quote from KPCURRENCY:

...

Price is reality, and the reality lies in the moment. Learn to be in the moment and to focus on price. Then you can let the future take care of itself. And the markets will take care of you.
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beautiful stuff

http://www.amibroker.com/docs/MTFIndicators.html
 
Quote from nazzdack:murray TT

Time cycles and seasonal tendancies? I think that's what the previous poster was describing.
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Exactly Nazz.

And to Al-trader, yes you may most certainly use ma as a leading indicator , the way i worded it -quote''% above 50dma''unquote .

The way its done, use lots of data;
price seldom gets a certain '''% above 50dma''[leading, so if you use it as leading indicator [price] maybe far away from benchmark 50dma]]

:cool:

To amplify NazzdaQQQ's remark;
2001 Stock Traders Almanac, by Hirsch

If you cant get that one get any year [2005.2006,2007]
Stock Traders Almanac, by Hirsch.
 
I would only use indicators to confirm an entry after the fact.

What may be more helpful is to identify support/resistance zones and then watch price action as it approaches and what it does there.
 
Quote from biologymajor:

leading indicators? Not lagging - leading.
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Primary is PREM/DISC to fair value on the emini's. Then trade the "lagging" baskets...just a small percentage of indicators required to make good entries and exits.

(Peer, sector, overall market, paired stock, things like TICK are crucial (leads turnarounds well) as well, pivot points....I could go on and on...all part of being a trader)...

Don
 
Quote from Ezekiel:

I would only use indicators to confirm an entry after the fact.

What may be more helpful is to identify support/resistance zones and then watch price action as it approaches and what it does there.
More...


I agree with you Ezekiel. My personal preference is to look for equities at support and resistance levels or trend lines and then use technical indicators to determine if the support/resistance level or trend line is going to hold.

Some educational screencasts/videos on this topic:

http://timetotrade.eu/wiki/index.php/Education
 
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