Compact mode

Aroon Up And Down vs McClellan Oscillator vs Commitment Of Traders (COT)

Table of content

General Information Comparison
Characteristics Comparison
Facts Comparison

Application Comparison
Technical Details Comparison
Usage Comparison
Evaluation Comparison
Performance Metrics Comparison

General Information Comparison

Indicator Type 📊

The category or classification of the trading indicator based on its primary function and analysis method.

Aroon Up and Down

Trend

Aroon Up and Down is a Trend type indicator. Indicators that help identify and confirm market trends

McClellan Oscillator

Breadth

McClellan Oscillator is a Breadth type indicator. Measures market participation and overall market health, useful for assessing trend strength Click to see all.

Commitment of Traders (COT)

Sentiment

Commitment of Traders (COT) is a Sentiment type indicator. Indicators that measure market sentiment and trader emotions
Asset Class 💰

Specifies the financial instruments for which the indicator is most commonly used

Aroon Up and Down

Stocks

The asset classes Aroon Up and Down is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.

Forex

The asset classes Aroon Up and Down is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.

Commodities

The asset classes Aroon Up and Down is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.

McClellan Oscillator

Stocks

The asset classes McClellan Oscillator is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.

Commitment of Traders (COT)

Futures

The asset classes Commitment of Traders (COT) is typically used for are Futures. Indicators designed for trading futures contracts across various asset classes. Click to see all.

Commodities

The asset classes Commitment of Traders (COT) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Known for 💭

The unique selling point or distinguishing feature of the trading indicator

Aroon Up and Down

Identifying Potential Trend Changes

Aroon Up and Down is known for Identifying Potential Trend Changes.

McClellan Oscillator

Identifying Market Trends

McClellan Oscillator is known for Identifying Market Trends.

Commitment of Traders (COT)

Insight Into Institutional Positioning

Commitment of Traders (COT) is known for Insight Into Institutional Positioning.
Made In 🌍

The country or origin of the trading indicator

Aroon Up and Down

USA

Aroon Up and Down was developed in USA. Trading indicators developed by American market analysts

McClellan Oscillator

United States

McClellan Oscillator was developed in United States. Indicators developed in the USA, reflecting American trading principles

Commitment of Traders (COT)

USA

Commitment of Traders (COT) was developed in USA. Trading indicators developed by American market analysts

Characteristics Comparison

Lagging or Leading 🏁

Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.

For all*

Leading

Indicators that predict future price movements
Complexity Level 🧑

Indicates the level of expertise required to effectively use the indicator

Aroon Up and Down

Intermediate

The complexity level of Aroon Up and Down is Intermediate. Indicators balancing complexity and usability for traders with some experience. Click to see all.

McClellan Oscillator

Advanced

The complexity level of McClellan Oscillator is Advanced. Sophisticated indicators designed for traders with extensive market knowledge and experience. Click to see all.

Commitment of Traders (COT)

Advanced

The complexity level of Commitment of Traders (COT) is Advanced. Sophisticated indicators designed for traders with extensive market knowledge and experience. Click to see all.
Popularity 🏆

Indicates how widely used and recognized the indicator is in the trading community

For all*

Medium

Indicators with balanced adoption and potential effectiveness

Facts Comparison

Interesting Fact 💡

An intriguing or lesser-known fact about the trading indicator

Aroon Up and Down

Developed by Tushar Chande in 1995

McClellan Oscillator

Created by Sherman and Marian McClellan in 1969

Commitment of Traders (COT)

Mandated by the Commodity Exchange Act in 1962
Sarcastic Fact 😉

A humorous or ironic observation about the trading indicator

Aroon Up and Down

Even Aroon can't predict when your investments will go 'Aroon-d' the bend!

McClellan Oscillator

It's like taking the market's temperature with a fancy thermometer

Commitment of Traders (COT)

It's like peeking at the big players' cards - if only they weren't playing poker face!

Application Comparison

Timeframe 🕑

The time intervals or periods for which the trading indicator is most effective or commonly used.

Aroon Up and Down

Daily

Aroon Up and Down is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.

Weekly

Aroon Up and Down is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.

McClellan Oscillator

Daily

McClellan Oscillator is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.

Commitment of Traders (COT)

Weekly

Commitment of Traders (COT) 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.

For all*

Statistical

Indicators using statistical methods for market analysis and prediction.
Signal Generation 📊

Describes the methods by which the indicator produces trading signals

Aroon Up and Down

Crossovers

Aroon Up and Down generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes

Divergences

Aroon Up and Down generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals

McClellan Oscillator

Crossovers

McClellan Oscillator generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes

Thresholds

McClellan Oscillator generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met

Commitment of Traders (COT)

Position Changes

Commitment of Traders (COT) generates trading signals through Position Changes. Indicators that signal when to alter trading positions based on market conditions

Extremes

Commitment of Traders (COT) generates trading signals through Extremes. Indicators that identify overbought or oversold conditions in the market
Customization Options 🔧

Lists the parameters that can be adjusted to fine-tune the indicator

Aroon Up and Down

Period

Aroon Up and Down offers customization options for Period. Enables customization of analysis timeframe Click to see all.

Thresholds

Aroon Up and Down offers customization options for Thresholds. Customizable thresholds for signal generation Click to see all.

McClellan Oscillator

Smoothing

McClellan Oscillator offers customization options for Smoothing. Adjustable smoothing for noise reduction Click to see all.

Commitment of Traders (COT)

Report Categories

Commitment of Traders (COT) offers customization options for Report Categories. Enables customization of analysis report types or sections Click to see all.

Time Periods

Commitment of Traders (COT) offers customization options for Time Periods. Customizable multiple time periods for analysis Click to see all.

Usage Comparison

For whom 👥

The target audience or user group for the trading indicator

Aroon Up and Down

Technical Analysts

Aroon Up and Down is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.

Swing Traders

Aroon Up and Down is designed for Swing Traders. Identifies medium-term trends and potential reversal points, ideal for multi-day positions Click to see all.

McClellan Oscillator

Market Analysts

McClellan Oscillator is designed for Market Analysts. Provides comprehensive market insights, useful for in-depth analysis and forecasting Click to see all.

Commitment of Traders (COT)

Institutional Traders

Commitment of Traders (COT) is designed for Institutional Traders. Tailored for large-scale trading decisions and portfolio management Click to see all.

Commodity Analysts

Commitment of Traders (COT) is designed for Commodity Analysts. Specialized tools for analyzing trends and patterns in commodity markets Click to see all.
Purpose 📈

The primary purpose or application of the trading indicator

Aroon Up and Down

Trend Strength Analysis

Aroon Up and Down is primarily used for Trend Strength Analysis.

Trend Reversals

Aroon Up and Down is primarily used for Trend Reversals. Indicators that help traders spot potential changes in market direction Click to see all.

McClellan Oscillator

Market Breadth Analysis

McClellan Oscillator is primarily used for Market Breadth Analysis. Indicators that measure overall market participation and health Click to see all.

Commitment of Traders (COT)

Market Sentiment Analysis

Commitment of Traders (COT) is primarily used for Market Sentiment Analysis. Indicators that gauge overall market mood and psychology Click to see all.

Long-Term Trend Prediction

Commitment of Traders (COT) is primarily used for Long-Term Trend Prediction. Indicators that excel at forecasting extended market movements Click to see all.

Evaluation Comparison

Pros 👍

Advantages of using the trading indicator

Aroon Up and Down

Measures Trend Strength

Indicates Potential Reversals

Easy To Interpret

McClellan Oscillator

Effective For Overall Market Analysis

Indicators providing broad insights into overall market conditions

Good For Timing Entries/Exits

Commitment of Traders (COT)

Provides Insight Into Big Players' Positions

Helps track large-scale market participants' activities, aiding in strategy alignment

Useful For Long-Term Analysis

Indicators suited for analyzing extended time periods and identifying major trends

Free Data From CFTC

Indicators utilizing freely available data from the Commodity Futures Trading Commission
Cons 👎

Disadvantages or limitations of the trading indicator

Aroon Up and Down

Can Produce False Signals

Lag In Volatile Markets

Limited Use In Ranging Markets

McClellan Oscillator

Specific To Stock Markets

Indicates that some indicators are designed primarily for stock market analysis. Click to see all.

Complex Calculation

Indicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.

Commitment of Traders (COT)

Weekly Reporting Lag

Complex Interpretation

Limited To Futures Markets