Compact mode
Commodity Channel Index (CCI) vs Williams %R vs Aroon Up And Down
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)Williams %RAroon Up and Down- TrendAroon Up and Down is a Trend type indicator. Indicators that help identify and confirm market trends
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Commodity Channel Index (CCI)Williams %RAroon Up and Down- StocksThe 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.
- CommoditiesThe 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.
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.
Williams %R- Momentum And Potential ReversalsWilliams %R is known for Momentum And Potential Reversals.
Aroon Up and Down- Identifying Potential Trend ChangesAroon Up and Down is known for Identifying Potential Trend Changes.
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
Williams %R- 1966Williams %R was developed in 1966. Trading indicators developed in the mid-1960s
Aroon Up and Down- USAAroon Up and Down 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*Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorCommodity Channel Index (CCI)Williams %RAroon Up and DownPopularity 🏆
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
Williams %R- Developed by Larry Williams
Aroon Up and Down- Developed by Tushar Chande in 1995
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
Williams %R- It's like a rollercoaster - the higher it goes the scarier the drop
Aroon Up and Down- Even Aroon can't predict when your investments will go 'Aroon-d' the bend!
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Commodity Channel Index (CCI)- DailyCommodity Channel Index (CCI) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- WeeklyCommodity Channel Index (CCI) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Williams %R- 15-MinuteWilliams %R is most effective for 15-Minute timeframes. Indicators suited for analyzing market data on a 15-minute timeframe
- 1-HourWilliams %R is most effective for 1-Hour timeframes. Indicators optimized for analyzing market data on a 1-hour timeframe
- 4-HourWilliams %R is most effective for 4-Hour timeframes. Indicators designed for analyzing market data on a 4-hour timeframe
Aroon Up and Down- DailyAroon Up and Down is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- WeeklyAroon Up and Down 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.Commodity Channel Index (CCI)Williams %RAroon Up and DownSignal 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
Williams %R- ThresholdsWilliams %R generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Aroon Up and Down- CrossoversAroon Up and Down generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- DivergencesAroon Up and Down 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)Aroon Up and Down
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorCommodity Channel Index (CCI)Williams %RAroon Up and Down- Technical AnalystsAroon Up and Down is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.
- Swing TradersAroon 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.
Purpose 📈
The primary purpose or application of the trading indicatorCommodity Channel Index (CCI)Williams %RAroon Up and Down- Trend Strength AnalysisAroon Up and Down is primarily used for Trend Strength Analysis.
- Trend ReversalsAroon Up and Down is primarily used for Trend Reversals. Indicators that help traders spot potential changes in market direction Click to see all.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorCommodity Channel Index (CCI)- Effective For Overbought/Oversold Conditions
- Useful For Multiple Asset Classes
Williams %R- Similar To Stochastic
- Effective For Identifying Reversals
Aroon Up and Down- Measures Trend Strength
- Indicates Potential Reversals
- Easy To Interpret
Cons 👎
Disadvantages or limitations of the trading indicatorCommodity Channel Index (CCI)- Can Produce False Signals In Non-Trending Markets
Williams %RAroon Up and Down- Can Produce False Signals
- Lag In Volatile Markets
- Limited Use In Ranging Markets
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorCommodity Channel Index (CCI)Williams %RAroon Up and DownEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isCommodity Channel Index (CCI)Williams %RAroon Up and DownVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesCommodity Channel Index (CCI)Williams %RAroon Up and DownCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorCommodity Channel Index (CCI)- 7The customization score for Commodity Channel Index (CCI) is 7 out of 10.
Williams %R- 6.5The customization score for Williams %R is 6.5 out of 10.
Aroon Up and Down- 6.5The customization score for Aroon Up and Down is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsCommodity Channel Index (CCI)Williams %RAroon Up and Down
Alternatives to Commodity Channel Index (CCI)
Ultimate Oscillator
Known for Multi-Timeframe Analysis
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Chande Momentum Oscillator (CMO)
Known for Momentum Measurement
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Money Flow Index (MFI)
Known for Volume And Price Movements
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Elder-Ray Index
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Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement
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is rated higher overall than Commodity Channel Index (CCI)
Elder Triple Screen
Known for Trend-Momentum Alignment
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is rated higher overall than Commodity Channel Index (CCI)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
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is more reliable 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)
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is rated higher overall than Commodity Channel Index (CCI)
Volume Oscillator
Known for Volume Divergence
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is more reliable than Commodity Channel Index (CCI)