I agree, some indicators can work. (I tried hundreds, it's so hard to stop ) But, as others have pointed out, not by themselves. It's the person that can make the indicator work. Although some custom ones work better
Do they lag? Yes. All of them. Including plotted lines that represent the daily/weekly open. Or any kind of support / resistance.
Oh, and candles, yes, they're so lagging.
Do they lag? Yes. All of them. Including plotted lines that represent the daily/weekly open. Or any kind of support / resistance.
Oh, and candles, yes, they're so lagging.
Even if you fall on your face, you're still moving forward.