MR.Mladen & MR.Tools please list out the LEADING INDICATOR,S
I MYSELF KNOWS ONLY THIS.......
3.) DEMAND INDEX
stochastic and wpr are one and the same - One of Larry Williams' "inventions" the "wpr"
As of "leading" : whenever they use the term "leading" I turn around and go away. There is n such thing as "leading" in TA and never will be. What they call "leading" is easily beaten by a simplest moving average on daily chart
TA stands for what and can you explain a bit more "What they call "leading" is easily beaten by a simplest moving average on daily chart"plz...thanks.
TA is technical analysis
As of simplest moving average : take a look at any brokers chart and you shall always see one thing at almost all of those charts : SMA(200) on a daily chart. It is almost a rule of thumb that brokers are taking that sma as a criteria for support, resistance and trend. The rest is all, at least at those brokers, just dissecting the trend found that way
so many thanks for explaining,understand.:)
probably it is not possible in mt4, but i try: i'm looking for a generator that is able to creare a chart as the average of 4 different instruments. ("formula" is in the pic). Does it exist something similar?
Here is your list of leading 'indicators':
What is an indicator? It shows and follows a changing state (here the price) and interpret it by a formula. So, by definition it can never lead.
yes,volume with some correlator if you have any perfect volume and correlator.
Volume in forex is just ticks
If we take a look at the 1 hour chart and observe the volume, we can clearly see that it is just showing the expected intraday sessions activity : raising at London open and falling as the NY session approaches the end. The maximum is reached when London and NY are overlapping. So, there is nothing unusual nor out of the order regarding volume. And none of that information can be used in real trading (unless we count on implied volatility - but that can be a dead end - just see a last couple of days and what was going on with the "volatility")
Wulong (with a lot of help)added the different arrows options for classic and hidden divergence.
Can you add alert in this indicator? When the arrows and dots on divergences ... And Alert separately on two types of divergence!
H1 and H4 aren't suitable for volume or ticks, but look at M1-M15 and D1-W1 where the influence of trading sessions is neglected.