Since you replied to my conversation; allow me to clarify, as it seems there are some misunderstandings
I repeatedly said that no such indicator exists, which implies, to most people--I would think, that you don't need it.
You mention 'remarks' about lagging indicators. Since you've included these remarks in your reply to my reply to another; I'll treat them as though they are also a direct reply to me.
Most data is lagging. Even the current price can technically be lagging as your brain, or your algo processes it--it could have updated already.
I never said, nor implied that you do need such an indicator. In fact,You don't need an indicator that knows what the future holds.
I repeatedly said that no such indicator exists, which implies, to most people--I would think, that you don't need it.
I thought the implications were clear. I thought everyone knew this. Maybe some have a non-standard definition of the word, 'know.' But no indicator can 'know' the future.An indicator that knows what the future holds can only be developed by extremely smart people. And these people are smart enough not to communicate about that, in case they would/will ever find him. So by definition that indicator would/will never be known.
You mention 'remarks' about lagging indicators. Since you've included these remarks in your reply to my reply to another; I'll treat them as though they are also a direct reply to me.
I never said nor implied that lag was a problem.Lag is not always a problem,
Most data is lagging. Even the current price can technically be lagging as your brain, or your algo processes it--it could have updated already.
I agree.