Compact mode
Moving Average Convergence Divergence (MACD) vs Money Flow Index (MFI) vs Ultimate Oscillator
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Moving Average Convergence Divergence (MACD)Money Flow Index (MFI)- VolumeMoney Flow Index (MFI) is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Ultimate OscillatorAsset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Moving Average Convergence Divergence (MACD)- ForexThe asset classes Moving Average Convergence Divergence (MACD) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
- CryptocurrenciesThe asset classes Moving Average Convergence Divergence (MACD) is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. Click to see all.
Money Flow Index (MFI)Ultimate OscillatorKnown 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.
Money Flow Index (MFI)- Volume And Price MovementsMoney Flow Index (MFI) is known for Volume And Price Movements.
Ultimate Oscillator- Multi-Timeframe AnalysisUltimate Oscillator is known for Multi-Timeframe Analysis.
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
Money Flow Index (MFI)Ultimate Oscillator- United StatesUltimate Oscillator 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
Money Flow Index (MFI)Ultimate OscillatorComplexity 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 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
Money Flow Index (MFI)- MediumThe popularity of Money Flow Index (MFI) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Ultimate Oscillator- MediumThe popularity of Ultimate Oscillator among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorMoving Average Convergence Divergence (MACD)- Developed by Gerald Appel
Money Flow Index (MFI)- Often called the volume-weighted RSI
Ultimate Oscillator- Created by Larry Williams in 1976
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
Money Flow Index (MFI)- It's like a financial breathalyzer - measures how intoxicated buyers are
Ultimate Oscillator- It's like a three-course meal of technical analysis
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.
Money Flow Index (MFI)- WeeklyMoney Flow Index (MFI) 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)Money Flow Index (MFI)Ultimate OscillatorSignal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*- DivergencesIndicators that show discrepancies between price and indicator movements, suggesting potential reversals
Moving Average Convergence Divergence (MACD)- CrossoversMoving Average Convergence Divergence (MACD) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Money Flow Index (MFI)- ThresholdsMoney Flow Index (MFI) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Ultimate Oscillator- ThresholdsUltimate Oscillator generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Moving Average Convergence Divergence (MACD)Money Flow Index (MFI)Ultimate Oscillator
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMoving Average Convergence Divergence (MACD)Money Flow Index (MFI)Ultimate OscillatorPurpose 📈
The primary purpose or application of the trading indicatorMoving Average Convergence Divergence (MACD)Money Flow Index (MFI)- Volume-Weighted RSIMoney Flow Index (MFI) is primarily used for Volume-Weighted RSI.
Ultimate Oscillator- Reducing False DivergencesUltimate Oscillator is primarily used for Reducing False Divergences.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMoving Average Convergence Divergence (MACD)- Effective For Trend Identification
- Useful In Ranging Markets
Money Flow Index (MFI)- Incorporates VolumeUses trading volume data to provide deeper market insights
- Useful For Divergence Trading
Ultimate Oscillator- Combines Short Medium And Long-Term IndicatorsIndicators analyzing short, medium, and long-term market trends simultaneously
- Reduces WhipsawsMinimizes false signals in volatile markets, improving trade accuracy
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.
Money Flow Index (MFI)- Can Be Less Effective In Low Volume Environments
Ultimate Oscillator- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Requires Context For Interpretation
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoving Average Convergence Divergence (MACD)Money Flow Index (MFI)Ultimate OscillatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoving Average Convergence Divergence (MACD)Money Flow Index (MFI)Ultimate OscillatorVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoving Average Convergence Divergence (MACD)Money Flow Index (MFI)Ultimate OscillatorCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorFor all*Score ⭐
The overall score of the trading indicator based on various performance metricsMoving Average Convergence Divergence (MACD)Money Flow Index (MFI)Ultimate Oscillator
Alternatives to Moving Average Convergence Divergence (MACD)
Volume Oscillator
Known for Volume Divergence
🔀
is more versatile than Money Flow Index (MFI)
⭐
is rated higher overall than Money Flow Index (MFI)
Elder-Ray Index
Known for Combining Trend And Momentum
🔀
is more versatile than Money Flow Index (MFI)
🔧
is more customizable than Money Flow Index (MFI)
⭐
is rated higher overall than Money Flow Index (MFI)
Aroon Up And Down
Known for Identifying Potential Trend Changes
💻
is easier to use than Money Flow Index (MFI)
Accumulation/Distribution Line (A/D)
Known for Volume-Based Price Trends
💻
is easier to use than Money Flow Index (MFI)
Commodity Channel Index (CCI)
Known for Identifying Cyclical Trends
💻
is easier to use than Money Flow Index (MFI)
🔀
is more versatile than Money Flow Index (MFI)
⭐
is rated higher overall than Money Flow Index (MFI)
Average Directional Index (ADX)
Known for Trend Strength Without Direction
💯
is more reliable than Money Flow Index (MFI)
⭐
is rated higher overall than Money Flow Index (MFI)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
💯
is more reliable than Money Flow Index (MFI)
💻
is easier to use than Money Flow Index (MFI)
🔧
is more customizable than Money Flow Index (MFI)
⭐
is rated higher overall than Money Flow Index (MFI)