Compact mode
Moving Average Convergence Divergence (MACD) vs Alligator Indicator vs Schaff Trend Cycle
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)Alligator Indicator- TrendAlligator Indicator is a Trend type indicator. Indicators that help identify and confirm market trends
Schaff Trend CycleAsset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Moving Average Convergence Divergence (MACD)- StocksThe asset classes Moving Average Convergence Divergence (MACD) is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. 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.
Alligator IndicatorSchaff Trend CycleKnown 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.
Alligator Indicator- Identifying Market Sleep And AwakeningAlligator Indicator is known for Identifying Market Sleep And Awakening.
Schaff Trend Cycle- Combining Trend And Cycle AnalysisSchaff Trend Cycle is known for Combining Trend And Cycle 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
Alligator IndicatorSchaff Trend Cycle
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
Alligator Indicator- LaggingAlligator Indicator is a Lagging indicator. Indicators that confirm trends after they have started
Schaff Trend CycleComplexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorMoving Average Convergence Divergence (MACD)Alligator IndicatorSchaff Trend CyclePopularity 🏆
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
Alligator Indicator- MediumThe popularity of Alligator Indicator among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Schaff Trend Cycle- LowThe popularity of Schaff Trend Cycle 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 indicatorMoving Average Convergence Divergence (MACD)- Developed by Gerald Appel
Alligator Indicator- Named after the three moving average lines resembling an alligator's jaw nose and teeth
Schaff Trend Cycle- Developed by Doug Schaff a lesser-known but innovative technical analyst
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
Alligator Indicator- Sometimes the alligator sleeps through the best trades
Schaff Trend Cycle- So cyclical it might make you dizzy
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.
Alligator Indicator- 4-HourAlligator Indicator is most effective for 4-Hour timeframes. Indicators designed for analyzing market data on a 4-hour timeframe
Schaff Trend Cycle- WeeklySchaff Trend Cycle 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.For all*Schaff Trend CycleSignal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes
Moving Average Convergence Divergence (MACD)- DivergencesMoving Average Convergence Divergence (MACD) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Schaff Trend Cycle- ThresholdsSchaff Trend Cycle 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)Alligator IndicatorSchaff Trend Cycle
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMoving Average Convergence Divergence (MACD)Alligator Indicator- Forex TradersAlligator Indicator is designed for Forex Traders. Specialized tools for analyzing currency pair movements and trends Click to see all.
- Cryptocurrency TradersAlligator Indicator is designed for Cryptocurrency Traders. Specialized tools for analyzing volatile digital asset markets Click to see all.
Schaff Trend Cycle- Technical AnalystsSchaff Trend Cycle is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.
- Trend TradersSchaff Trend Cycle is designed for Trend Traders. Highlights direction and strength of market trends, crucial for trend-based strategies Click to see all.
Purpose 📈
The primary purpose or application of the trading indicatorFor all*Alligator IndicatorSchaff Trend Cycle
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMoving Average Convergence Divergence (MACD)- Effective For Trend Identification
- Useful In Ranging Markets
Alligator Indicator- Combines Multiple Moving Averages
- Visual Representation Of Market Trends
Schaff Trend Cycle- Smooth Cycling IndicatorIndicators that provide smooth, cyclical signals for easier trend identification
- Helps Identify Trend Changes EarlySignals potential trend shifts early, giving traders a head start on market moves
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.
Alligator Indicator- Complex For BeginnersIndicators that are easy to understand and use for novice traders, facilitating learning and strategy development Click to see all.
- Prone To False Signals In Choppy Markets
Schaff Trend Cycle- Can Produce False Signals In Ranging Markets
- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoving Average Convergence Divergence (MACD)Alligator IndicatorSchaff Trend CycleEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoving Average Convergence Divergence (MACD)Alligator IndicatorSchaff Trend CycleVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoving Average Convergence Divergence (MACD)Alligator IndicatorSchaff Trend CycleCustomization 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)Alligator IndicatorSchaff Trend Cycle
Alternatives to Moving Average Convergence Divergence (MACD)
Slow Stochastic
Known for Momentum Measurement
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is more reliable than Moving Average Convergence Divergence (MACD)
Directional Movement Index (DMI)
Known for Strength Of Price Movement
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is more reliable than Moving Average Convergence Divergence (MACD)
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is more customizable than Moving Average Convergence Divergence (MACD)
Exponential Moving Average (EMA)
Known for Smooth Price Movements
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is more reliable than Moving Average Convergence Divergence (MACD)
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is easier to use than Moving Average Convergence Divergence (MACD)
⭐
is rated higher overall than Moving Average Convergence Divergence (MACD)
Keltner Channels
Known for Combining Moving Averages With Volatility
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is more reliable than Moving Average Convergence Divergence (MACD)
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is more customizable than Moving Average Convergence Divergence (MACD)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement
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is more customizable than Moving Average Convergence Divergence (MACD)