Thread: ASCTrend system
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Old 06-20-2007, 02:22 PM
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Indicators lag is multiplied by 10 in traders mind.
Your not getting what im saying.
An MACD etc yeh sure it lags but a system made up of several indicators and philosiphy etc that they will do a certain thing, that is supposed to give a visual signal to buy or sell at a certain point, if it lags to much it is WORSE than just a standard MACD or a Stochastic.
This is what im talking about a SYSTEM a STRATEGY the lag and repainting from visual indication im not talking about lagging indicators in general im talking about modified custom visual signal indicators.
They try to make it too perfect, they dont just give the signal at the best point that you can get and stick with it and ride it out.They tweak it too much to minimize draw down and try and make it too perfect and it ends up repainting and "LAGGING" too much to use it profitably.
So back to the question putting this in an ea to do what you'd do with it manually?Can this be done?Has this been done?Where is the post?
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