Re: [EquisMetaStock Group] best indicator

[manoj kumar <agmanojk@xxxxxxxxx>]

Hi Lionel,

I am a newbie.

I have heard of leading and lagging indicators.

How does one use, I mean interpret zero lag indicator

Manoj, Banglore

On Tue, Jan 19, 2010 at 9:37 AM, Lionel Issen <lissen@xxxxxxxxxxxxx> wrote:

 

Pat:

 

Here is a formula for a zero lag EMA. It was posted here a few years back

 

Period:= Input("What Period",1,250,10);

EMA1:= Mov(P,Period,E);

EMA2:= Mov(EMA1,Period,E);

Difference:= EMA1 - EMA2;

ZeroLagEMA:= EMA1 + Difference;

ZeroLagEMA;

 

Lionel

 

 

 

From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx] On Behalf Of Patrick Butler
Sent: Monday, January 18, 2010 3:13 AM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] best indicator

 

 

Hi all,

 

I have been using many indicators over the years e.g. rsi, Macd, moving averages etc.

Mostly all of them are lagging ( for obvious reasons ) etc. But one does need an indicator or perhaps better a pair of indicators. Where one covers the other's deficiences.

 

Which 2 or more would you recommend to concentrate on ?

 

thx

 

Pat

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