Exponential Moving Average - Lag

[murray t turtle]

Quote from yoohoo:

What benefit can be achieved from a lagging indicator unless you are going to use mirrors as a signal?


This idea never sat well with me - I could see that it worked but I wasn't interested in that - I was interested in when and how often it didn't work

At the moment Millard doesn’t offer intraday cycles but I’m talking to him about that. However once you start to see Sigma channels and cycles it will help your intraday trading.

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Youhoo;
Same reason many people use mirrors[actually a legal requirement in some jurisdiction]s; in driving.Actually i am somewhat interested in the times they dont work;
but sideways trends are not ny favorite.To each his own

Dont know any or many that stare constantly in a rear or side mirror;
while moving forward, but its a free country.

Not all roads have 1 or 3 painted lines on them;
rural road usually have no painted lines, depending..........

Ma are a nice tool;
dont know many craftsmen that use only one tool;
but its a free country.

How convenient & creative;
201 or 199 ma is different from the much observed 200dma,
cool & creative.

 

[MandelbrotSet]

Quote from kut2k2:

For an example of a TA vendor who doesn't prey on the naivety of his customers, go here:

www.jurikres.com

Jurik doesn't disclose any algorithms but at least he explains why his indicators live up to the claims he makes for them.

His indicators cut the lag-time down, but at the end-of-the day, they're just that (indicators) and they won't make you a millionaire ... unless you're selling them, that is.

The HG ain't in here, look elsewhere.