Compact mode
Chaikin Money Flow (CMF) vs Keltner Channels vs Force Index
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Chaikin Money Flow (CMF)- VolumeChaikin Money Flow (CMF) is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Keltner ChannelsForce Index- VolumeForce Index 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*Keltner ChannelsKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorChaikin Money Flow (CMF)- Identifying Accumulation/DistributionChaikin Money Flow (CMF) is known for Identifying Accumulation/Distribution.
Keltner Channels- Combining Moving Averages With VolatilityKeltner Channels is known for Combining Moving Averages With Volatility.
Force Index- Combining Price Changes With VolumeForce Index is known for Combining Price Changes With Volume.
Made In 🌍
The country or origin of the trading indicatorFor all*- United StatesIndicators 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.Chaikin Money Flow (CMF)Keltner Channels- LaggingKeltner Channels is a Lagging indicator. Indicators that confirm trends after they have started
Force IndexComplexity 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 communityChaikin Money Flow (CMF)- MediumThe popularity of Chaikin Money Flow (CMF) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Keltner Channels- MediumThe popularity of Keltner Channels among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Force Index- LowThe popularity of Force Index among traders is considered Low. Indicators with lower adoption but potential unique insights
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorChaikin Money Flow (CMF)- Developed by Marc Chaikin
Keltner Channels- Named after Chester Keltner
Force Index- Developed by Dr. Alexander Elder
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorChaikin Money Flow (CMF)- It's like a lie detector test for market sentiment
Keltner Channels- It's like a bodyguard for price trends keeping them in check
Force Index- It's like measuring the market's muscle power
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*- DailyIndicators optimized for daily chart analysis, suitable for swing and position traders.
Keltner Channels- WeeklyKeltner Channels 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.Chaikin Money Flow (CMF)Keltner ChannelsForce IndexSignal Generation 📊
Describes the methods by which the indicator produces trading signalsChaikin Money Flow (CMF)- ThresholdsChaikin Money Flow (CMF) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Keltner Channels- BreakoutsKeltner Channels generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Force Index- DivergencesForce Index generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Keltner Channels
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorChaikin Money Flow (CMF)Keltner ChannelsForce IndexPurpose 📈
The primary purpose or application of the trading indicatorChaikin Money Flow (CMF)Keltner ChannelsForce Index
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorChaikin Money Flow (CMF)- Combines Price And Volume
- Good For Confirming Trends
Keltner Channels- Less Sensitive To Spikes Than Bollinger BandsProvides more stable signals in volatile markets compared to Bollinger Bands
- Good For Identifying Trends
Force Index- Provides Insight Into Buying/Selling PressureReveals market supply and demand dynamics, aiding in trend prediction
- Confirms Trends
Cons 👎
Disadvantages or limitations of the trading indicatorChaikin Money Flow (CMF)- Can Produce False Signals In Ranging Markets
- Requires Additional Confirmation
Keltner Channels- Can Produce False Signals In Choppy MarketsIndicators that minimize false signals in erratic or indecisive market conditions Click to see all.
- Requires Proper Parameter Setting
Force Index- Can Be Volatile In Low-Volume ConditionsIndicators that remain stable and accurate in low-volume trading environments Click to see all.
- Requires Smoothing For Better Signals
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorChaikin Money Flow (CMF)Keltner ChannelsForce IndexEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isChaikin Money Flow (CMF)Keltner ChannelsForce IndexVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesChaikin Money Flow (CMF)Keltner ChannelsForce IndexCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorChaikin Money Flow (CMF)- 6.5The customization score for Chaikin Money Flow (CMF) is 6.5 out of 10.
Keltner Channels- 8The customization score for Keltner Channels is 8 out of 10.
Force Index- 6.5The customization score for Force Index is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsChaikin Money Flow (CMF)Keltner ChannelsForce Index
Alternatives to Chaikin Money Flow (CMF)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
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is more customizable than Chaikin Money Flow (CMF)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement
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is more versatile than Chaikin Money Flow (CMF)
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is more customizable than Chaikin Money Flow (CMF)
⭐
is rated higher overall than Chaikin Money Flow (CMF)
Aroon Indicator
Known for Measuring Time Between Highs And Lows
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is more versatile than Chaikin Money Flow (CMF)
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is more customizable than Chaikin Money Flow (CMF)
Elder-Ray Index
Known for Combining Trend And Momentum
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is more versatile than Chaikin Money Flow (CMF)
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is more customizable than Chaikin Money Flow (CMF)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
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is easier to use than Chaikin Money Flow (CMF)
Ultimate Oscillator
Known for Multi-Timeframe Analysis
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is more versatile than Chaikin Money Flow (CMF)
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is more customizable than Chaikin Money Flow (CMF)
Money Flow Index (MFI)
Known for Volume And Price Movements
🔀
is more versatile than Chaikin Money Flow (CMF)
🔧
is more customizable than Chaikin Money Flow (CMF)
Accumulation/Distribution Line (A/D)
Known for Volume-Based Price Trends
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is more versatile than Chaikin Money Flow (CMF)