Compact mode
Rate Of Change (ROC) vs Hull Moving Average (HMA) vs Commodity Channel Index (CCI)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Rate of Change (ROC)Hull Moving Average (HMA)- TrendHull Moving Average (HMA) is a Trend type indicator. Indicators that help identify and confirm market trends
Commodity Channel Index (CCI)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*- ForexIndicators optimized for currency pair trading in the foreign exchange market.
- CommoditiesTrading indicators optimized for commodity markets like oil, gold, and agricultural products.
Rate of Change (ROC)- StocksThe asset classes Rate of Change (ROC) 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 Rate of Change (ROC) is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. Click to see all.
Hull Moving Average (HMA)- StocksThe asset classes Hull Moving Average (HMA) 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 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 indicatorRate of Change (ROC)- Speed Of Price ChangesRate of Change (ROC) is known for Speed Of Price Changes.
Hull Moving Average (HMA)- Reducing Lag In Moving AveragesHull Moving Average (HMA) is known for Reducing Lag In Moving Averages.
Commodity Channel Index (CCI)- Identifying Cyclical TrendsCommodity Channel Index (CCI) is known for Identifying Cyclical Trends.
Made In 🌍
The country or origin of the trading indicatorRate of Change (ROC)- UnknownRate of Change (ROC) was developed in Unknown. Indicators with undisclosed country of origin, focusing on performance
Hull Moving Average (HMA)- AustraliaHull Moving Average (HMA) was developed in Australia. Trading indicators developed by Australian market analysts
Commodity Channel Index (CCI)- 1980Commodity Channel Index (CCI) was developed in 1980. Trading indicators created at the start of a new decade
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.For all*Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorRate of Change (ROC)Hull Moving Average (HMA)Commodity Channel Index (CCI)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityFor all*- MediumIndicators with balanced adoption and potential effectiveness
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorRate of Change (ROC)- One of the oldest momentum indicators still in use today
Hull Moving Average (HMA)- Developed by Alan Hull to address the lag in traditional moving averages
Commodity Channel Index (CCI)- Originally developed for commodities
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorRate of Change (ROC)- Jokingly called the 'market speedometer' by some traders
Hull Moving Average (HMA)- Humorously called the 'moving average on steroids' by some traders
Commodity Channel Index (CCI)- It's like a mood ring for the market - changes color frequently
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Rate of Change (ROC)- AnyRate of Change (ROC) is most effective for Any timeframes. Flexible indicators adaptable to various trading timeframes, offering versatility in analysis.
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.
Commodity Channel Index (CCI)- DailyCommodity Channel Index (CCI) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- WeeklyCommodity Channel Index (CCI) 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.Rate of Change (ROC)Hull Moving Average (HMA)Commodity Channel Index (CCI)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsRate of Change (ROC)- CrossoversRate of Change (ROC) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- DivergencesRate of Change (ROC) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Hull 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
Commodity Channel Index (CCI)- ThresholdsCommodity Channel Index (CCI) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
- BreakoutsCommodity Channel Index (CCI) generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Commodity Channel Index (CCI)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorRate of Change (ROC)Hull Moving Average (HMA)Commodity Channel Index (CCI)Purpose 📈
The primary purpose or application of the trading indicatorRate of Change (ROC)Hull Moving Average (HMA)Commodity Channel Index (CCI)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorRate of Change (ROC)- Simple To Understand And UseOffers straightforward analysis, making it accessible for traders of all levels
- Effective For Identifying Overbought/Oversold Conditions
Hull Moving Average (HMA)- Responds Quickly To Price Changes
- Reduces Lag SignificantlyProvides more timely signals, improving trade timing and potentially increasing profits
Commodity Channel Index (CCI)- Effective For Overbought/Oversold Conditions
- Useful For Multiple Asset Classes
Cons 👎
Disadvantages or limitations of the trading indicatorRate of Change (ROC)- Can Produce False Signals In Ranging Markets
- Sensitive To Sudden Price ChangesRefers to indicators that may produce unreliable signals during rapid market movements. Click to see all.
Hull 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.
Commodity Channel Index (CCI)- Can Produce False Signals In Non-Trending Markets
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorRate of Change (ROC)Hull Moving Average (HMA)Commodity Channel Index (CCI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isRate of Change (ROC)Hull Moving Average (HMA)Commodity Channel Index (CCI)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesFor all*Customization Score 🔧
A score representing the degree of customization available for the trading indicatorRate of Change (ROC)- 6.5The customization score for Rate of Change (ROC) is 6.5 out of 10.
Hull Moving Average (HMA)- 7The customization score for Hull Moving Average (HMA) is 7 out of 10.
Commodity Channel Index (CCI)- 7The customization score for Commodity Channel Index (CCI) is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsRate of Change (ROC)Hull Moving Average (HMA)Commodity Channel Index (CCI)
Alternatives to Rate of Change (ROC)
Elder-Ray Index
Known for Combining Trend And Momentum
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is more customizable than Rate of Change (ROC)
Relative Strength Index (RSI)
Known for Momentum Measurement
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is more reliable than Rate of Change (ROC)
Stochastic RSI
Known for Combining Strengths Of Two Popular Indicators
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is more reliable than Rate of Change (ROC)
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is more versatile than Rate of Change (ROC)
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is more customizable than Rate of Change (ROC)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
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is more customizable than Rate of Change (ROC)
Pivot Points
Known for Identifying Potential Reversal Points
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is more versatile than Rate of Change (ROC)
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is rated higher overall than Rate of Change (ROC)