Lead

(Do not use for trading)

Abbreviation:
Category: Basic
Input Parameters:

Name Range Default
Time Series Close
Periods Ahead Int >= 1 5

 
Calculation:

Time Series value n periods in the future

where
n = Periods Ahead

 
Discussion:

Computes the time series value n periods in the future.

Note that this indicator is labeled with ‘(Do not use for trading)’ because it utilizes future values to calculate the current value. If you try to use this indicator as a basis for trading decisions, it will appear to work during backtesting (when you have future data available), but when you try to use it for real world trading, future values will be unavailable.
 

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