|Make sure you arent overlapping indicators which have repetitive nature to how they are calculated.
Posted: 3/6/2012 9:18:44 PM
Find a site that lists all the technical indicators, how they are calculated and get rid of any which are not of use. Some of them are inverse to another, some work well with others together..etc etc.
Some top out and stop moving..like RSI, it can bottom out or top out and not reflect the move in the stock..
For example, look at RSI and slow stochastics on AAPL for the last year..you would have been crushed trying to short a cross over.
Technical indicators can ruin you if relied upon solely as a reason for buying or shorting, also consider market trend and fundamental reasons vs just technical indicators.