Why do traders still use lagging indicators? MACD, RSI, MA, I can't see why they're useful; it's like driving your car using the rear-view mirror instead of the windshield. How is anyone supposed to be profitable doing that? Analyzing the order book is the only way you can trade, because the order book generally shows you what's going on and what probably will happen.
I'm just asking a question, because I'd honestly like to know why people use lagging indicators. To me, it looks like black magic.