"In relation to indicators,all indicators lag"
I would have to disagree with this one I'm afraid.
Market profile is one example I can think of of the top of my head that doesn't lag. It's another representation of volume data but it is an indicator. By50 is the market profile expert on here so hopefully he will contribute.
I'm not just interested in squiggly lines at the bottom of the chart, I want people to discuss anything you can display on a chart. Pictures speak 1000 words and all that.
an indicator discussion..., page-19
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Last
7,971.6 |
Change
-64.900(0.81%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,036.5 | 8,036.5 | 7,923.6 |
| XJO (ASX) Chart |