This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
Because of the way work is going today, I can’t trade. I don’t know from one minute to the next if I’ll be called away.
Instead of trading, I’ve been looking through different indicators offered by Investor RT, and I ran across this. Originally, the COG was featured in Technical Analysis of Stocks and Commodities. Its supposed to identify turning points without much lag. I’m not sure if that would produce a lot of false signals since it reacts so quick. I’m just putting it out there for now - no endorsement from Mr. White Folks yet. I think it may be worth watching in real time.
The zero line is the line in the sand, but I would imagine it could be used as any other oscillator (divergences, etc.) The advantage would be in the quick response - if it works!
This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
