Anderson-FX

LEADING VS LAGGING Indicators

Anderson-FX Updated   
FX:EURUSD   Euro / U.S. Dollar
#Lagging

A specific indicator that tells us the last price interaction.

Pros:

=> Confirmation of new trend in the market
=> Signal is launch after the movement
=> Most of the times is helpful as a confirmation

Cons:

=> Most of the times the confirmation or signal is too late
=> Produce false entries
=> The interpretation could vary in specific movements

Examples:
-- #MACD, #RSI, #Moving_Average, #Volume, #ADX, #Ichimoku_Cloud, #Heiken_Ashi

#Leading

A specific indicator that predicts potential reversal or multiple-confluence levels.

Pros:

=> Tell us key levels in the market
=> Potential perfect entries could be done
=> Easy to learn and interpreat

Cons:

=> Unexperencied trades miss understanding the art of prediction
=> Needs a lot of practice or backtesting
=> The interpretation could be relative

Examples:
-- #Pivot_Point, #ADR, #ATR, #Previous_HIGH_LOW.

There no exist a perfect indicator, but the confluence of some indicator and with the correct knowledge and practice is really simple to be profitable in the market.
I highly suggest u to #BackTest minimum #One_Year time each indicator u want to use.

Good Luck,
Anderson.
Comment:
MACD - RSI
Comment:
MOVING AVERAGE - VOLUME

Comment:
ADX - ICHIMOKU CLOUD

Comment:
PIVOT POINTS - HEIKIN ASHI

Comment:
PREVIOUS HIGH/LOWS ANALYSIS

Comment:
ATR ANALYSIS

Comment:
ADR

Comment:
TD SEQUENTIAL

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