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Gary wrote:
But I imagine that wouldn't work as well with lagging indicators,
even low-lag ones, as it does with zero-lag. Mark, could you give us
a good example of "high-lag rules" vs. "low-lag rules" ?
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I think I can throw in an example.
I have a set of 3 oscillators that all oscillate about zero.
Two are of similar composition and the other is totally different.
All 3 oscillators have a different nature to their lag meaning that
they may lag price by 0 to nine bars depending on what they have
accumulated at the occurrence of a price turn or a zero crossing.
An instance of historic reliability occurs when a specific one
of the 3 crosses above zero first but not above +1.1 at the time
of the zero crossing. If this indicator then crosses
above a threshold of +1.1 before the other two cross above zero,
I take a SELL or opposite conditions for BUYs.
dbs
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