macd indictor lags, is there software that doesnt

Traderzones (more like zoned out) Your own name sake speaks to using TA how can you be a trader and not use it? A trader is considered and active participant in the markets, unlike an invester who will buy and hold stocks based on quality fundimentals.

The fact that you will not stand and prove your point instead of running away and saying that you will ignore me is very telling. I am not a newbie, quite the opposite I am a seasoned "trader" with many years experience. I do not advocate filling ones screen with a multitude of indicators. But I do belive that one can gain knowledge and an edge in their trading by studying charts. In particular Price and Volume.

I can prove my point through a series of time tested techniques that work. If you care about this forum and the "Newbies" education, then make a stand and prove your case. If you are more knowlegable than I, more seasoned, Hold the real truth, then proving your case should be a simple task and very benificial to other "Investors". Who knows I might even learn somthing (I am not afraid of this).

So speak up or shut up.
 
"Sorry about the capitals, don't know how to do bold for the answers."


Quote from IronFist:

btw, qwert, everyone is going to tell you that indicators lag "because they're based on historical data." That's true for most indicators.
- AGREE

Obviously there are no indicators that predict the future.
-TRUE, ALTHOUGH YOU CAN DEVELOP TECHNIQUES THAT HAVE AN EXTREMELY HIGH DEGREE OF ACCURACY.

You will probably go through a period where you try every indicator,
- DONE THAT YEARS AGO, HUGE WASTE OF TIME!
INDICATOR INFERS A SIGNPOST, MUCH BETTER TO HAVE A GRAPHIC MAP OF THE MARKET IN YOU HEAD THAN A POTENTIALLY DEFECTIVE SIGNPOST.

and then make your own,
- EXCEL SPREADSHEET WITH PERSON SPECIFIC MATHEMATICAL MODEL OF THE MARKET. JUST AS A COMPUTER PROGRAMER WILL INSTIL HIS OWN PSYCHE IN THE PROGRAM YOU NEED TO CREATE THIS IN YOUR MODEL. HOW CAN YOU TRADE SOMETHING THAT YOU DON'T COMPLETELY UNDERSTAND AT ANY GIVEN POINT! "CLEAR THINKING" MANY OTHER POSTERS HAVE STATED THIS POINT, WHICH SHOULD BE OBVIOUS, ALTHOUGH USING DIFFERENT APROACHES!

"NO PRICE CHARTS, I SHIT YOU NOT!"

and then start modifying them, and then come up with non-standard uses (that are better than the traditional uses, lol),
-IF REFERING TO STANDARD INDICATORS, DON'T WASTE YOUR TIME.

and all the meanwhile you will be reading posts from people telling you to "learn about price action" but no one will explain it more than that so you're like "wtf is price action?".
-GO TO AHG THREAD FOR PRICE ACTION DETAILS.

Trust me. I'm still in that stage right now :D Supposedly all the billionaires on ET don't use any indicators at all but I haven't figured out how that works yet. Good luck! [/B]
More...
CONSIDER THIS - TWO FIGHTERS, ONE RELYING ON ACCURATE KNOWLEDGE OF HIS OPPONENT AND INSTINCT, THE OTHER HAVING TO CONSTANTLY PULL OUT THE FIGHTING HANDBOOK (INDICATORS) TO SEE WHAT HIS NEXT MOVE WILL BE, WHO DO YOU EXPECT WILL WIN THE FIGHT!

IT ALL RELIES ON HOW, NOT WHAT, YOU THINK!

YOU'VE JUST BEEN GIVEN THE INFORMATION YOU SEEK, SO NOW GO OUT AND DO THE LEGWORK.

Regards
Johno
 
How about a shoot-out between traderzones ( anti-TA ) and ptolemi ( pro-TA )
Let's have both your forecasts everyday for a week on this thread starting this Monday 29th (before the market opens ). That should settle it me-thinks.
 
All oscilators lag the price, that is becaused they use price as the base of their calculations, so price has to change before osillators can change. There are no leading indicators

piazzi
 
Quote from ptolemy:

Traderzones (more like zoned out) Your own name sake speaks to using TA how can you be a trader and not use it? A trader is considered and active participant in the markets, unlike an invester who will buy and hold stocks based on quality fundimentals.

The fact that you will not stand and prove your point instead of running away and saying that you will ignore me is very telling. I am not a newbie, quite the opposite I am a seasoned "trader" with many years experience. I do not advocate filling ones screen with a multitude of indicators. But I do belive that one can gain knowledge and an edge in their trading by studying charts. In particular Price and Volume.

I can prove my point through a series of time tested techniques that work. If you care about this forum and the "Newbies" education, then make a stand and prove your case. If you are more knowlegable than I, more seasoned, Hold the real truth, then proving your case should be a simple task and very benificial to other "Investors". Who knows I might even learn somthing (I am not afraid of this).

So speak up or shut up.
More...

Good post, ptolemy.

I'm convinced TraderZoned spends more time debating on this site than trading.
 
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