The lagging indicators can help in interpreting the data, but the trader must find additional confirmation for entry. Since the indicators can be redrawn
We need to learn price action which is far better than taking help from the lagging indicators because at the end it is the only price which is moving across the charts.
We need to learn price action which is far better than taking help from the lagging indicators because at the end it is the only price which is moving across the charts.
It means lagging information should have predictive power. If market prices have no memory it is then essentially useless. However some of my MA based systems work perfectly with HFM