A short YouTube commentary by Kardec Trader arguing that most technical indicators (e.g., RSI) are lagging because price movement formulates first and indicators follow. The speaker recommends removing excessive indicators, simplifying charts, and focusing on price action and transaction volume for trading decisions.
RSI is a lagging indicator, which most indicators are. Not every single indicator, but majority of indicators are lagging, meaning that price has to formulate first and then the indicator follows. So that makes it a lagging indicator. So no matter what happens in the market, the indicator or majority of the indicators will always be behind and the two things that will be ahead is price action and essentially volume of the transactions that is happening in the marketplace. So if you have indicators, you have a ton of nonsense on your chart. Take it off and simplify your trading. And like I said, focus heavily on price action and volume.
