Commodity Channel Index (CCI) vs Volume Oscillator vs Chaikin Volatility
Compact mode

Commodity Channel Index (CCI) vs Volume Oscillator vs Chaikin Volatility

General Information Comparison

Characteristics Comparison

Facts Comparison

  • Interesting Fact 💡

    An intriguing or lesser-known fact about the trading indicator
    Commodity Channel Index (CCI)
    • Originally developed for commodities
    Volume Oscillator
    • Combines elements of Moving Average Convergence Divergence (MACD) with volume
    Chaikin Volatility
    • Developed by Marc Chaikin to complement his other indicators
  • Sarcastic Fact 😉

    A humorous or ironic observation about the trading indicator
    Commodity 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
    Chaikin Volatility
    • Sometimes called the "options trader's crystal ball"

Application Comparison

  • Timeframe 🕑

    The time intervals or periods for which the trading indicator is most effective or commonly used.
    For all*
    • Daily
      Indicators optimized for daily chart analysis, suitable for swing and position traders.
    • Weekly
      Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.

Technical Details Comparison

Evaluation Comparison

  • Pros 👍

    Advantages of using the trading indicator
    Commodity Channel Index (CCI)
    • Effective For Overbought/Oversold Conditions
    • Useful For Multiple Asset Classes
    Volume Oscillator
    • Helps Confirm Price Movements With Volume
      Indicators that validate price changes by analyzing trading volume
    • Useful For Spotting Fake Breakouts
    Chaikin Volatility
    • Helps Identify Potential Breakouts
    • Useful For Options Pricing
      Indicators that aid in determining fair value and volatility for options trading
  • Cons 👎

    Disadvantages or limitations of the trading indicator
    Commodity Channel Index (CCI)
    • Can Produce False Signals In Non-Trending Markets
    Volume Oscillator
    Chaikin Volatility
    • Can Be Late In Signaling Volatility Changes
    • May Produce False Signals In Ranging Markets

Performance Metrics Comparison

Alternatives to Commodity Channel Index (CCI)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement
💯 is more reliable 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)
Money Flow Index (MFI)
Known for Volume And Price Movements
💯 is more reliable than Commodity Channel Index (CCI)
Ultimate Oscillator
Known for Multi-Timeframe Analysis
🔀 is more versatile 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)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
💯 is more reliable than Commodity Channel Index (CCI)
Hull Moving Average (HMA)
Known for Reducing Lag In Moving Averages
💯 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)
Average Directional Index (ADX)
Known for Trend Strength Without Direction
💯 is more reliable than Commodity Channel Index (CCI)