What is the WORST indicator?

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
 
Quote from FishSauce:

There are a myriad of discussion talking about the optimal set of indicators. Lets turn the table around...

What is the worst indicator or sets of indicators?


Personally, I think stochastic is the worse indicator unless you swing trade and fiddle with the parameters.

latez
More...

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.
 
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