Compact mode
Hull Moving Average (HMA) vs Aroon Indicator vs Volume Oscillator
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Hull Moving Average (HMA)- TrendHull Moving Average (HMA) is a Trend type indicator. Indicators that help identify and confirm market trends
Aroon Indicator- TrendAroon Indicator is a Trend type indicator. Indicators that help identify and confirm market trends
Volume Oscillator- VolumeVolume Oscillator is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Hull Moving Average (HMA)- ForexThe asset classes Hull Moving Average (HMA) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
- CommoditiesThe asset classes Hull Moving Average (HMA) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
- CryptocurrenciesThe asset classes Hull Moving Average (HMA) is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. Click to see all.
Aroon IndicatorVolume Oscillator- CommoditiesThe asset classes Volume Oscillator is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
- FuturesThe asset classes Volume Oscillator is typically used for are Futures. Indicators designed for trading futures contracts across various asset classes. Click to see all.
Known for 💭
The unique selling point or distinguishing feature of the trading indicatorHull Moving Average (HMA)- Reducing Lag In Moving AveragesHull Moving Average (HMA) is known for Reducing Lag In Moving Averages.
Aroon Indicator- Measuring Time Between Highs And LowsAroon Indicator is known for Measuring Time Between Highs And Lows.
Volume Oscillator- Volume DivergenceVolume Oscillator is known for Volume Divergence.
Made In 🌍
The country or origin of the trading indicatorHull Moving Average (HMA)- AustraliaHull Moving Average (HMA) was developed in Australia. Trading indicators developed by Australian market analysts
Aroon Indicator- United StatesAroon Indicator was developed in United States. Indicators developed in the USA, reflecting American trading principles
Volume Oscillator- United StatesVolume Oscillator was developed in United States. Indicators developed in the USA, reflecting American trading principles
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.For all*Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorFor all*Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityFor all*- MediumIndicators with balanced adoption and potential effectiveness
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorHull Moving Average (HMA)- Developed by Alan Hull to address the lag in traditional moving averages
Aroon Indicator- Name means "Dawn's Early Light" in Sanskrit
Volume Oscillator- Combines elements of Moving Average Convergence Divergence (MACD) with volume
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorHull Moving Average (HMA)- Humorously called the 'moving average on steroids' by some traders
Aroon Indicator- It's like a sunrise alarm clock for new trends
Volume Oscillator- Often called the "heartbeat monitor" of the market
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Hull Moving Average (HMA)- AnyHull Moving Average (HMA) is most effective for Any timeframes. Flexible indicators adaptable to various trading timeframes, offering versatility in analysis.
Aroon Indicator- DailyAroon Indicator is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- WeeklyAroon Indicator is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Volume Oscillator- DailyVolume Oscillator is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- WeeklyVolume Oscillator is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Hull Moving Average (HMA)Aroon IndicatorVolume OscillatorSignal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes
Hull Moving Average (HMA)- BreakoutsHull Moving Average (HMA) generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Volume Oscillator
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorHull Moving Average (HMA)Aroon IndicatorVolume OscillatorPurpose 📈
The primary purpose or application of the trading indicatorHull Moving Average (HMA)Aroon Indicator- Trend Strength And Direction AnalysisAroon Indicator is primarily used for Trend Strength And Direction Analysis.
Volume Oscillator- Volume Trend IdentificationVolume Oscillator is primarily used for Volume Trend Identification.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorHull Moving Average (HMA)- Responds Quickly To Price Changes
- Reduces Lag SignificantlyProvides more timely signals, improving trade timing and potentially increasing profits
Aroon Indicator- Helps Identify Beginning And End Of TrendsIndicators specializing in spotting the start and conclusion of market trends
- Shows Trend StrengthQuantifies the power behind price movements, aiding in trend confirmation
Volume Oscillator- Helps Confirm Price Movements With VolumeIndicators that validate price changes by analyzing trading volume
- Useful For Spotting Fake Breakouts
Cons 👎
Disadvantages or limitations of the trading indicatorHull Moving Average (HMA)- Can Be Overly Sensitive In Volatile Markets
- Less Commonly Available In Trading PlatformsIndicators not widely available in trading platforms, potentially limiting their use for some traders. Click to see all.
Aroon Indicator- Can Produce False Signals In Choppy MarketsIndicators that minimize false signals in erratic or indecisive market conditions Click to see all.
- Requires Confirmation From Other IndicatorsIndicates that some indicators need validation from other technical tools for reliable signals. Click to see all.
Volume Oscillator- Can Be Less Effective In Low-Volume Markets
- Requires Understanding Of Volume AnalysisDescribes indicators that need knowledge of volume interpretation for effective use. Click to see all.
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorHull Moving Average (HMA)Aroon IndicatorVolume OscillatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isHull Moving Average (HMA)Aroon IndicatorVolume OscillatorVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesHull Moving Average (HMA)Aroon IndicatorVolume OscillatorCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorFor all*Score ⭐
The overall score of the trading indicator based on various performance metricsHull Moving Average (HMA)Aroon IndicatorVolume Oscillator
Alternatives to Hull Moving Average (HMA)
Keltner Channels
Known for Combining Moving Averages With Volatility
🔧
is more customizable than Aroon Indicator
Choppiness Index
Known for Identifying Trending Vs Choppy Markets
🔀
is more versatile than Aroon Indicator
Chaikin Oscillator
Known for Accumulation/Distribution Trends
🔧
is more customizable than Aroon Indicator
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
🔀
is more versatile than Aroon Indicator
Aroon Up And Down
Known for Identifying Potential Trend Changes
💻
is easier to use than Aroon Indicator
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
💻
is easier to use than Aroon Indicator
Ichimoku Cloud
Known for All-In-One Indicator
🔀
is more versatile than Aroon Indicator
🔧
is more customizable than Aroon Indicator
⭐
is rated higher overall than Aroon Indicator
Exponential Moving Average (EMA)
Known for Smooth Price Movements
💯
is more reliable than Aroon Indicator
💻
is easier to use than Aroon Indicator
⭐
is rated higher overall than Aroon Indicator
Directional Movement Index (DMI)
Known for Strength Of Price Movement
💯
is more reliable than Aroon Indicator
🔀
is more versatile than Aroon Indicator
🔧
is more customizable than Aroon Indicator
⭐
is rated higher overall than Aroon Indicator