Compact mode
Commodity Channel Index (CCI) vs Volume Oscillator vs Triple Exponential Average (TRIX)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Commodity Channel Index (CCI)Volume Oscillator- VolumeVolume Oscillator is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Triple Exponential Average (TRIX)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedCommodity Channel Index (CCI)- CommoditiesThe asset classes Commodity Channel Index (CCI) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
- ForexThe asset classes Commodity Channel Index (CCI) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
Volume Oscillator- StocksThe asset classes Volume Oscillator is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.
- 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.
Triple Exponential Average (TRIX)- StocksThe asset classes Triple Exponential Average (TRIX) is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.
- ForexThe asset classes Triple Exponential Average (TRIX) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
Known for 💭
The unique selling point or distinguishing feature of the trading indicatorCommodity Channel Index (CCI)- Identifying Cyclical TrendsCommodity Channel Index (CCI) is known for Identifying Cyclical Trends.
Volume Oscillator- Volume DivergenceVolume Oscillator is known for Volume Divergence.
Triple Exponential Average (TRIX)- Filtering Out Market NoiseTriple Exponential Average (TRIX) is known for Filtering Out Market Noise.
Made In 🌍
The country or origin of the trading indicatorCommodity Channel Index (CCI)- 1980Commodity Channel Index (CCI) was developed in 1980. Trading indicators created at the start of a new decade
Volume Oscillator- United StatesVolume Oscillator was developed in United States. Indicators developed in the USA, reflecting American trading principles
Triple Exponential Average (TRIX)- United StatesTriple Exponential Average (TRIX) 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 indicatorCommodity Channel Index (CCI)- Originally developed for commodities
Volume Oscillator- Combines elements of Moving Average Convergence Divergence (MACD) with volume
Triple Exponential Average (TRIX)- Combines triple smoothing with momentum
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorCommodity Channel Index (CCI)- It's like a mood ring for the market - changes color frequently
Volume Oscillator- Often called the "heartbeat monitor" of the market
Triple Exponential Average (TRIX)- It's like a smoothie blender for price data
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.
- WeeklyIndicators 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.Commodity Channel Index (CCI)Volume OscillatorTriple Exponential Average (TRIX)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsCommodity Channel Index (CCI)- ThresholdsCommodity Channel Index (CCI) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
- BreakoutsCommodity Channel Index (CCI) generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Volume Oscillator- CrossoversVolume Oscillator generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Triple Exponential Average (TRIX)- CrossoversTriple Exponential Average (TRIX) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- DivergencesTriple Exponential Average (TRIX) 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*Commodity Channel Index (CCI)Volume OscillatorTriple Exponential Average (TRIX)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorCommodity Channel Index (CCI)Volume OscillatorTriple Exponential Average (TRIX)Purpose 📈
The primary purpose or application of the trading indicatorCommodity Channel Index (CCI)Volume Oscillator- Volume Trend IdentificationVolume Oscillator is primarily used for Volume Trend Identification.
Triple Exponential Average (TRIX)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorCommodity Channel Index (CCI)- Effective For Overbought/Oversold Conditions
- Useful For Multiple Asset Classes
Volume Oscillator- Helps Confirm Price Movements With VolumeIndicators that validate price changes by analyzing trading volume
- Useful For Spotting Fake Breakouts
Triple Exponential Average (TRIX)- Reduces WhipsawsMinimizes false signals in volatile markets, improving trade accuracy
- Identifies Major TrendsHighlights significant market movements, helping traders align with dominant trends
Cons 👎
Disadvantages or limitations of the trading indicatorCommodity Channel Index (CCI)- Can Produce False Signals In Non-Trending Markets
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.
Triple Exponential Average (TRIX)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorCommodity Channel Index (CCI)Volume OscillatorTriple Exponential Average (TRIX)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isCommodity Channel Index (CCI)Volume OscillatorTriple Exponential Average (TRIX)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesFor all*Customization 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 metricsCommodity Channel Index (CCI)Volume OscillatorTriple Exponential Average (TRIX)
Alternatives to Commodity Channel Index (CCI)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement
💯
is more reliable than Commodity Channel Index (CCI)
Money Flow Index (MFI)
Known for Volume And Price Movements
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is more reliable than Commodity Channel Index (CCI)
Ultimate Oscillator
Known for Multi-Timeframe Analysis
🔀
is more versatile than Commodity Channel Index (CCI)
Elder-Ray Index
Known for Combining Trend And Momentum
💯
is more reliable than Commodity Channel Index (CCI)
🔧
is more customizable than Commodity Channel Index (CCI)
⭐
is rated higher overall than Commodity Channel Index (CCI)
Hull Moving Average (HMA)
Known for Reducing Lag In Moving Averages
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is more reliable than Commodity Channel Index (CCI)
⭐
is rated higher overall than Commodity Channel Index (CCI)
Elder Triple Screen
Known for Trend-Momentum Alignment
💯
is more reliable than Commodity Channel Index (CCI)
🔀
is more versatile than Commodity Channel Index (CCI)
🔧
is more customizable than Commodity Channel Index (CCI)
⭐
is rated higher overall than Commodity Channel Index (CCI)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement
🔀
is more versatile than Commodity Channel Index (CCI)
🔧
is more customizable than Commodity Channel Index (CCI)
⭐
is rated higher overall than Commodity Channel Index (CCI)
Average Directional Index (ADX)
Known for Trend Strength Without Direction
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is more reliable than Commodity Channel Index (CCI)