Compact mode
Hull Moving Average (HMA) vs Keltner Channels vs Vortex Indicator (VI)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Hull Moving Average (HMA)- TrendHull Moving Average (HMA) is a Trend type indicator. Indicators that help identify and confirm market trends
Keltner ChannelsVortex Indicator (VI)- TrendVortex Indicator (VI) 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*- StocksIndicators optimized for analyzing and predicting stock price movements in equity markets.
- ForexIndicators optimized for currency pair trading in the foreign exchange market.
Hull Moving Average (HMA)- CommoditiesThe asset classes Hull Moving Average (HMA) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
- CryptocurrenciesThe asset classes Hull Moving Average (HMA) is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. Click to see all.
Known for 💭
The unique selling point or distinguishing feature of the trading indicatorHull Moving Average (HMA)- Reducing Lag In Moving AveragesHull Moving Average (HMA) is known for Reducing Lag In Moving Averages.
Keltner Channels- Combining Moving Averages With VolatilityKeltner Channels is known for Combining Moving Averages With Volatility.
Vortex Indicator (VI)- Trend Reversal DetectionVortex Indicator (VI) is known for Trend Reversal Detection.
Made In 🌍
The country or origin of the trading indicatorHull Moving Average (HMA)- AustraliaHull Moving Average (HMA) was developed in Australia. Trading indicators developed by Australian market analysts
Keltner Channels- United StatesKeltner Channels was developed in United States. Indicators developed in the USA, reflecting American trading principles
Vortex Indicator (VI)- AustraliaVortex Indicator (VI) was developed in Australia. Trading indicators developed by Australian market analysts
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Hull Moving Average (HMA)Keltner Channels- LaggingKeltner Channels is a Lagging indicator. Indicators that confirm trends after they have started
Vortex Indicator (VI)- LaggingVortex Indicator (VI) is a Lagging indicator. Indicators that confirm trends after they have started
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 communityHull Moving Average (HMA)- MediumThe popularity of Hull Moving Average (HMA) 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
Vortex Indicator (VI)- LowThe popularity of Vortex Indicator (VI) 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 indicatorHull Moving Average (HMA)- Developed by Alan Hull to address the lag in traditional moving averages
Keltner Channels- Named after Chester Keltner
Vortex Indicator (VI)- Inspired by the vortex concept in fluid dynamics
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorHull Moving Average (HMA)- Humorously called the 'moving average on steroids' by some traders
Keltner Channels- It's like a bodyguard for price trends keeping them in check
Vortex Indicator (VI)- It's like a weather vane for market trends
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Hull Moving Average (HMA)- AnyHull Moving Average (HMA) is most effective for Any timeframes. Flexible indicators adaptable to various trading timeframes, offering versatility in analysis.
Keltner Channels- DailyKeltner Channels is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- WeeklyKeltner Channels is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Vortex Indicator (VI)- DailyVortex Indicator (VI) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Hull Moving Average (HMA)Keltner ChannelsVortex Indicator (VI)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsHull Moving Average (HMA)- CrossoversHull Moving Average (HMA) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- BreakoutsHull Moving Average (HMA) generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Keltner Channels- BreakoutsKeltner Channels generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Vortex Indicator (VI)- CrossoversVortex Indicator (VI) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
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 indicatorHull Moving Average (HMA)Keltner ChannelsVortex Indicator (VI)Purpose 📈
The primary purpose or application of the trading indicatorHull Moving Average (HMA)Keltner ChannelsVortex Indicator (VI)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorHull Moving Average (HMA)- Responds Quickly To Price Changes
- Reduces Lag SignificantlyProvides more timely signals, improving trade timing and potentially increasing profits
Keltner Channels- Less Sensitive To Spikes Than Bollinger BandsProvides more stable signals in volatile markets compared to Bollinger Bands
- Good For Identifying Trends
Vortex Indicator (VI)- Simple To Interpret
- Effective In Trending Markets
Cons 👎
Disadvantages or limitations of the trading indicatorHull Moving Average (HMA)- Can Be Overly Sensitive In Volatile Markets
- Less Commonly Available In Trading PlatformsIndicators not widely available in trading platforms, potentially limiting their use for some traders. Click to see all.
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
Vortex Indicator (VI)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorHull Moving Average (HMA)Keltner ChannelsVortex Indicator (VI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isFor all*Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesHull Moving Average (HMA)Keltner ChannelsVortex Indicator (VI)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorHull Moving Average (HMA)- 7The customization score for Hull Moving Average (HMA) is 7 out of 10.
Keltner Channels- 8The customization score for Keltner Channels is 8 out of 10.
Vortex Indicator (VI)- 6The customization score for Vortex Indicator (VI) is 6 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsHull Moving Average (HMA)Keltner ChannelsVortex Indicator (VI)
Alternatives to Hull Moving Average (HMA)
Bollinger Bands
Known for Volatility And Trend Strength
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is more reliable than Keltner Channels
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is more versatile than Keltner Channels
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is rated higher overall than Keltner Channels
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction
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is easier to use than Keltner Channels
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is more versatile than Keltner Channels
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is rated higher overall than Keltner Channels
Moving Average Envelope
Known for Price Range Visualization
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is easier to use than Keltner Channels
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is rated higher overall than Keltner Channels
Average Directional Index (ADX)
Known for Trend Strength Without Direction
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is more reliable than Keltner Channels
Ichimoku Cloud
Known for All-In-One Indicator
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is more versatile than Keltner Channels
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is rated higher overall than Keltner Channels
Donchian Channels
Known for Simplicity And Effectiveness
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is more reliable than Keltner Channels
💻
is easier to use than Keltner Channels
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is rated higher overall than Keltner Channels
Choppiness Index
Known for Identifying Trending Vs Choppy Markets
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is more versatile than Keltner Channels
Average True Range (ATR)
Known for Volatility Without Direction
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is more reliable than Keltner Channels
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is easier to use than Keltner Channels
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is rated higher overall than Keltner Channels