Technical Chart Indicators

You wouldn't dig a trench with a spoon but most traders still use primitive technology to aid their trading decisions. WARNING: Relying heavily on old-school indicators in your trading decisions is likely to cause you to lose money over time.

NOTE: Thankfully the majority of traders use obsolete old-school indicators and because of that it means they are prone to losing money for which we are grateful to receive from them.

Phase Lag Indicators

Indicator Theory - Phase Lag Indicators

90% of traders and investors regularly rely on this category of indicator. Is it any coincidence that 90% of traders and investors consistently lose money?

• EMA
  The EMA (or Exponential Moving Average) is an old-school indicator from the 1920s. As almost everyone knows about it, how can you have an edge?
• MACD
  The MACD (or Moving Average Convergence Divergence) is an old-school indicator from the 1960s. It's biggest drawback is serious phase lag which can mean a late market entry/exit. Do you want that?
• RSI
  The RSI (or Relative Strength Index) is an old-school indicator from the 1970s. Who relies on a 1970s computer to make their most important financial decisions? So, why rely on a 1970s indicator?

Zero Phase Delay Indicators

Indicator Theory - Zero Phase Delay Indicators

• deLeon #103
  The deLeon #103 is a new generation, 21st century, highly responsive indicator with a step-up in performance over old-school indicators.
• deLeon dRSI
  The deLeon dRSI is also a new generation, highly responsive indicator. Winning is everything.

Phase Lead Indicators

Indicator Theory - Phase Lead Indicators

• deLeon #442
  The deLeon #442 is new generation, 21st century. Phase-lead indicators are generally 2 steps up in performance over phase lag.
• deLeon MRI
  The deLeon MRI is also a 21st century indicator. Phase-lead can give a trader a significant advantage when they nail tops and bottoms.

Trend and Contra-Trend Indicators

Indicator Theory - Trend and Contra-Trend Indicators

• deLeon Trend
  The deLeon Trend is probably the most accurate trend indicator of all time. Over 99.7% accurate.
• deLeon dParabolic
  With almost a dozen changes to the original formula means this new generation deLeon dParabolic indicator has a significant edge.
• deLeon Tracker
  The deLeon Tracker tracks any market just like that.
• deLeon Velocity
  The deLeon Velocity is probably one of Troy's finest 21st century indicators.
• Parabolic
  The Parabolic dates back to the 1970s. Too many know about it to be able to have an edge anymore.

Astrological Indicators

Indicator Theory - Astrological Indicators

• deLeon Azimuth
  If you thought astrology was all mumbo-jumbo, the deLeon Azimuth makes you think again!

Channels

Indicator Theory - Channels

Here are some more popular old-school indicators:

• Bollinger Bands
  Bollinger Bands are old-school and date back to the 1980s. Probably too obsolete to make money using them.
• Keltner Channel
  The Keltner Channel is old-school and dates back to the 1930s. Although not useful for market entry/exit it can help show trend.

Other

The following are available for commodity futures only and not for stock indices nor forex cross rates.

• Open Interest and Volume
• Volume