What is the WORST indicator?

Discussion in 'Technical Analysis' started by FishSauce, Aug 29, 2003.

  1. There are a couple in my TS list that have to qualify

    Ulcer Index
    Ultimate Oscillator

    What the hell are these anyway.


    Best:

    %D
    MACD Signal Line
    CCI
     
    #41     Aug 30, 2003
  2. I think a lot of peoply use the sto wrong.

    When its at the top and extended. Use the indicator as a guide not to go long just yet.

    When its at the bottom and extending, don't go short just yet.
     
    #42     Aug 30, 2003
  3. everyone is hooked on the use of technical indicators...
    Thank you, :D

    PM
     
    #43     Aug 31, 2003
  4. #44     Aug 31, 2003
  5. RAMOUTAR

    RAMOUTAR

    WE ARE our worst indicators. As our self-mastery increases, the number of indicators we use decreases.
     
    #45     Sep 1, 2003