Compact mode
Moving Average Convergence Divergence (MACD) vs Momentum Indicator vs Slow Stochastic
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.For all*Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Known for 💭
The unique selling point or distinguishing feature of the trading indicatorMoving Average Convergence Divergence (MACD)- Trend Strength And DirectionMoving Average Convergence Divergence (MACD) is known for Trend Strength And Direction.
Momentum Indicator- Price VelocityMomentum Indicator is known for Price Velocity.
Slow Stochastic- Momentum MeasurementSlow Stochastic is known for Momentum Measurement.
Made In 🌍
The country or origin of the trading indicatorMoving Average Convergence Divergence (MACD)- 1960SMoving Average Convergence Divergence (MACD) was developed in 1960S. Trading indicators developed during a decade of economic growth and social change
Momentum Indicator- United StatesMomentum Indicator was developed in United States. Indicators developed in the USA, reflecting American trading principles
Slow Stochastic- United StatesSlow Stochastic 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.Moving Average Convergence Divergence (MACD)- LaggingMoving Average Convergence Divergence (MACD) is a Lagging indicator. Indicators that confirm trends after they have started
Momentum IndicatorSlow Stochastic- LaggingSlow Stochastic is a Lagging indicator. Indicators that confirm trends after they have started
Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorMoving Average Convergence Divergence (MACD)Momentum IndicatorSlow StochasticPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityMoving Average Convergence Divergence (MACD)- HighThe popularity of Moving Average Convergence Divergence (MACD) among traders is considered High. Widely used and trusted indicators in the trading community
Momentum Indicator- MediumThe popularity of Momentum Indicator among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Slow Stochastic- HighThe popularity of Slow Stochastic among traders is considered High. Widely used and trusted indicators in the trading community
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorMoving Average Convergence Divergence (MACD)- Developed by Gerald Appel
Momentum Indicator- Often confused with the Rate of Change (ROC) indicator
Slow Stochastic- Developed by George Lane in the 1950s
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorMoving Average Convergence Divergence (MACD)- Even your grandma knows this one but still can't use it properly
Momentum Indicator- Jokingly referred to as the "lazy trader's best friend" due to its simplicity
Slow Stochastic- Sometimes called the "snail" of indicators due to its slow-moving nature
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.
Moving Average Convergence Divergence (MACD)- WeeklyMoving Average Convergence Divergence (MACD) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Momentum Indicator- WeeklyMomentum Indicator 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.Moving Average Convergence Divergence (MACD)Momentum IndicatorSlow StochasticSignal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes
- DivergencesIndicators 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*Moving Average Convergence Divergence (MACD)Slow Stochastic
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMoving Average Convergence Divergence (MACD)Momentum IndicatorSlow StochasticPurpose 📈
The primary purpose or application of the trading indicatorMoving Average Convergence Divergence (MACD)Momentum IndicatorSlow Stochastic
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMoving Average Convergence Divergence (MACD)- Effective For Trend Identification
- Useful In Ranging Markets
Momentum Indicator- Simple And Straightforward
- Helps Identify Potential Reversals
Slow Stochastic- Helps Identify Potential Reversal PointsSignals possible trend changes, helping traders spot entry and exit opportunities
- Effective In Ranging Markets
Cons 👎
Disadvantages or limitations of the trading indicatorMoving Average Convergence Divergence (MACD)- Can Produce False Signals In Choppy MarketsIndicators that minimize false signals in erratic or indecisive market conditions Click to see all.
- Lagging IndicatorIndicators that follow price action, potentially delaying trading signals in fast-moving markets. Click to see all.
Momentum Indicator- Can Be Noisy In Choppy Markets
- Needs Confirmation From Other IndicatorsRefers to indicators that require validation from other technical tools for reliable signals. Click to see all.
Slow Stochastic
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoving Average Convergence Divergence (MACD)Momentum IndicatorSlow StochasticEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoving Average Convergence Divergence (MACD)Momentum IndicatorSlow StochasticVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoving Average Convergence Divergence (MACD)Momentum IndicatorSlow StochasticCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorMoving Average Convergence Divergence (MACD)- 7The customization score for Moving Average Convergence Divergence (MACD) is 7 out of 10.
Momentum Indicator- 6The customization score for Momentum Indicator is 6 out of 10.
Slow Stochastic- 6The customization score for Slow Stochastic is 6 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsMoving Average Convergence Divergence (MACD)Momentum IndicatorSlow Stochastic
Alternatives to Moving Average Convergence Divergence (MACD)
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
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
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
Rate Of Change (ROC)
Known for Speed Of Price Changes
💯
is more reliable than Momentum Indicator
💻
is easier to use than Momentum Indicator
🔀
is more versatile than Momentum Indicator
🔧
is more customizable than Momentum Indicator
⭐
is rated higher overall than Momentum Indicator
Linear Regression Indicator
Known for Predicting Price Trends
💯
is more reliable than Momentum Indicator
Simple Moving Average (SMA)
Known for Smooth Price Movements
💯
is more reliable than Momentum Indicator
💻
is easier to use than Momentum Indicator
⭐
is rated higher overall than Momentum Indicator