#Lagging
A specific indicator that tells us the last price interaction.
Pros:
=> Confirmation of new trend in the market
=> Signal is launch after the movement
=> Most of the times is helpful as a confirmation
Cons:
=> Most of the times the confirmation or signal is too late
=> Produce false entries
=> The interpretation could vary in specific movements
Examples:
-- #MACD, #RSI, #Moving_Average, #Volume, #ADX, #Ichimoku_Cloud, #Heiken_Ashi
#Leading
A specific indicator that predicts potential reversal or multiple-confluence levels.
Pros:
=> Tell us key levels in the market
=> Potential perfect entries could be done
=> Easy to learn and interpreat
Cons:
=> Unexperencied trades miss understanding the art of prediction
=> Needs a lot of practice or backtesting
=> The interpretation could be relative
Examples:
-- #Pivot_Point, #ADR, #ATR, #Previous_HIGH_LOW.
There no exist a perfect indicator, but the confluence of some indicator and with the correct knowledge and practice is really simple to be profitable in the market.
I highly suggest u to #BackTest minimum #One_Year time each indicator u want to use.
Good Luck,
Anderson.