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Hi All,
I've read many books on techinical analysis that strongly suggest not
to use "similar" indicators as confirmation of a buy or sell signal.
For example, do not use moving average crossover with a MACD because
they both rely on moving averages of the closing prices. Does anybody
have a list of indicators that should not be used in this way? I've
searched the net but no luck so far.
I've also found that some "experts" call the RSI a leading indicator
and others call it a price following indicator. Can anybody supply me
with a list of the common indicators and whether they are leading or
price following?
Many thanks,
Jeff.
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