Lead

Top 

Lead

Variable List Abbreviation: Lead

 

Variable Mode(s): Standard, Stock, Futures1, and Futures2

[ Note: uses selected close variable in Stock, Futures1, and Futures2 modes ]

 

Parameter(s): Lead time periods

 

Description:

Value n (lead time periods) time periods in the future.  This indicator should be applied to outputs only.  For example, if you want to predict tomorrow's closing price, you could lead today's closing price by 1 time period to put tomorrow's closing price in the same pattern as today's closing price.

 

Note:  Lead time periods must be greater than zero