103: A New Responsive Indicator with John Ehlers
Better System Trader - A podcast by Andrew Swanscott chats with professional traders Larry Williams, Ernest Cha
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Indicators often form a large part of trading systems, however there are a number of issues caused by indicators that can result in under-performing trading strategies, like:
- they're reactive, instead of predictive,
- they have alot of lag, which means they're slow to respond to the markets, and
- they can often give you a signal too late so you’ve already missed some of the move or even a large part of the move!
Today we talk to John Ehlers who is going to share with us a brand new indicator he's developed that overcomes alot of these issues. This new indicator:
- Minimises lag,
- Is very responsive to the market, and
- Gives a fast indication of turning points.
Plus at the end of the chat we share how you can get a FREE copy of this new indicator to try it out for yourself.