Rate of Change (ROC) vs Momentum Indicator
Compact mode

Rate Of Change (ROC) vs Momentum Indicator

General Information Comparison

Characteristics Comparison

Facts Comparison

  • Interesting Fact 💡

    An intriguing or lesser-known fact about the trading indicator
    Rate of Change (ROC)
    • One of the oldest momentum indicators still in use today
    Momentum Indicator
    • Often confused with the Rate of Change (ROC) indicator
  • Sarcastic Fact 😉

    A humorous or ironic observation about the trading indicator
    Rate of Change (ROC)
    • Jokingly called the 'market speedometer' by some traders
    Momentum Indicator
    • Jokingly referred to as the "lazy trader's best friend" due to its simplicity

Application Comparison

  • Timeframe 🕑

    The time intervals or periods for which the trading indicator is most effective or commonly used.
    Rate of Change (ROC)
    • Any
      Rate of Change (ROC) is most effective for Any timeframes. Flexible indicators adaptable to various trading timeframes, offering versatility in analysis.
    Momentum Indicator
    • Daily
      Momentum Indicator is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
    • Weekly
      Momentum Indicator is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.

Technical Details Comparison

Evaluation Comparison

Performance Metrics Comparison

Alternatives to Rate of Change (ROC)
Elder-Ray Index
Known for Combining Trend And Momentum
💯 is more reliable than Momentum Indicator
🔀 is more versatile than Momentum Indicator
🔧 is more customizable than Momentum Indicator
is rated higher overall than Momentum Indicator
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
💯 is more reliable than Momentum Indicator
🔧 is more customizable than Momentum Indicator
is rated higher overall than Momentum Indicator
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement
🔀 is more versatile than Momentum Indicator
🔧 is more customizable than Momentum Indicator
is rated higher overall than Momentum Indicator
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
💯 is more reliable than Momentum Indicator
🔀 is more versatile than Momentum Indicator
🔧 is more customizable than Momentum Indicator
Elder Triple Screen
Known for Trend-Momentum Alignment
💯 is more reliable than Momentum Indicator
🔀 is more versatile than Momentum Indicator
🔧 is more customizable than Momentum Indicator
is rated higher overall than Momentum Indicator
Exponential Moving Average (EMA)
Known for Smooth Price Movements
💯 is more reliable than Momentum Indicator
💻 is easier to use than Momentum Indicator
🔧 is more customizable than Momentum Indicator
is rated higher overall than Momentum Indicator
Ultimate Oscillator
Known for Multi-Timeframe Analysis
🔀 is more versatile than Momentum Indicator
🔧 is more customizable than Momentum Indicator