#T #vel T vel Jurik Velocity Index Accurate, low lag momentum indicator Smooth and timely Less noise + better timing = higher profits Have you tried to smooth your noisy momentum indicators, only to watch it lag farther behind price so much as to be useless? VEL removes all noise and reveals true momentum, WITHOUT ANY ADDITIONAL LAG! The classical momentum indicator is a simple yet effective measure of market direction. However, the curve zig-zags a lot, producing many misleading values and false alarms. Typical attempts to remove noise by applying a moving average will seriously degrade its usefulness by ...
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