Which is the best indicator?

[reno4nook]

Which one of these indicators is the best for indicating market direction and sentiment?

 

[Truff]

put price action on your list, then check it off

 

[nononsense]

the TREND

 

[chiguy]

none of the above..

 

[Free Thinker]

whenever you see 3 market crash or black monday type threads in one day on et you can go the other way. good contrary indicator.

 

[nyc-hotshot]

Quote from chiguy:

none of the above..

I agree.

You need to make more choices on a poll like this or at least make a "none of the above" choice.

 

[Lefty62151]

The best indicator is the one (or more) that you are able to use effectively to make money.

Lefty

 

[nkhoi]

it help if you understand what you use, here is MACD clip http://www.worden.com/training/default.aspx?g=posts&t=3978

 

[Learner]

Quote from Lefty62151:

The best indicator is the one (or more) that you are able to use effectively to make money.

Lefty

My account P&L figures is the best indicator.

 

[ShoeshineBoy]

Quote from reno4nook:

Which one of these indicators is the best for indicating market direction and sentiment?

Don't know. I don't trade trends...