|
Re: Momentum vs Non-Momentum
I'm sure some combo's of indicators may 'work' but they all will lag, which is what I was commenting on with Walter's initial post. There's no such thing as a leading indicator when it's based purely on past price action. Again, I'm not saying that ADX, RSI, etc can't work, just saying that you will see a lag purely based on what/how the indicator interrupts and presents information.
__________________
Click here to donate to my 2008 Leukemia and Lymphoma Society donation page. Each year I do a fundraiser for my significant other's family as she lost her father to blood cancer. Please consider a donation, regardless of big or small and help this worthwhile cause.
|