Compact mode
Relative Strength Index (RSI) vs Commodity Channel Index (CCI) vs Chande Momentum Oscillator (CMO)
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*- ForexIndicators optimized for currency pair trading in the foreign exchange market.
- CommoditiesTrading indicators optimized for commodity markets like oil, gold, and agricultural products.
Relative Strength Index (RSI)Chande Momentum Oscillator (CMO)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorRelative Strength Index (RSI)- Momentum MeasurementRelative Strength Index (RSI) is known for Momentum Measurement.
Commodity Channel Index (CCI)- Identifying Cyclical TrendsCommodity Channel Index (CCI) is known for Identifying Cyclical Trends.
Chande Momentum Oscillator (CMO)- Momentum MeasurementChande Momentum Oscillator (CMO) is known for Momentum Measurement.
Made In 🌍
The country or origin of the trading indicatorRelative Strength Index (RSI)- 1978Relative Strength Index (RSI) was developed in 1978. Trading indicators specifically developed in 1978
Commodity Channel Index (CCI)- 1980Commodity Channel Index (CCI) was developed in 1980. Trading indicators created at the start of a new decade
Chande Momentum Oscillator (CMO)
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 indicatorRelative Strength Index (RSI)Commodity Channel Index (CCI)Chande Momentum Oscillator (CMO)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityRelative Strength Index (RSI)- HighThe popularity of Relative Strength Index (RSI) among traders is considered High. Widely used and trusted indicators in the trading community
Commodity Channel Index (CCI)- MediumThe popularity of Commodity Channel Index (CCI) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Chande Momentum Oscillator (CMO)- LowThe popularity of Chande Momentum Oscillator (CMO) 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 indicatorRelative Strength Index (RSI)- Created by J. Welles Wilder
Commodity Channel Index (CCI)- Originally developed for commodities
Chande Momentum Oscillator (CMO)- Developed by Tushar Chande in 1994
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorRelative Strength Index (RSI)- The only thing relative about it is how relatively often it's misused
Commodity Channel Index (CCI)- It's like a mood ring for the market - changes color frequently
Chande Momentum Oscillator (CMO)- It's the yoga of momentum indicators - flexible but disciplined
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.
Relative Strength Index (RSI)- 1-HourRelative Strength Index (RSI) is most effective for 1-Hour timeframes. Indicators optimized for analyzing market data on a 1-hour timeframe
- 4-HourRelative Strength Index (RSI) is most effective for 4-Hour timeframes. Indicators designed for analyzing market data on a 4-hour timeframe
Commodity Channel Index (CCI)- WeeklyCommodity Channel Index (CCI) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Chande Momentum Oscillator (CMO)- WeeklyChande Momentum Oscillator (CMO) 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*Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*- ThresholdsIndicators that generate signals when certain predefined levels or conditions are met
Relative Strength Index (RSI)- DivergencesRelative Strength Index (RSI) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Commodity Channel Index (CCI)- BreakoutsCommodity Channel Index (CCI) generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Chande Momentum Oscillator (CMO)- DivergencesChande Momentum Oscillator (CMO) generates trading signals through Divergences. Indicators 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*Relative Strength Index (RSI)Commodity Channel Index (CCI)Chande Momentum Oscillator (CMO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorRelative Strength Index (RSI)Commodity Channel Index (CCI)Chande Momentum Oscillator (CMO)Purpose 📈
The primary purpose or application of the trading indicatorRelative Strength Index (RSI)Commodity Channel Index (CCI)Chande Momentum Oscillator (CMO)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorRelative Strength Index (RSI)- Easy To Interpret
- Effective For Identifying Reversals
Commodity Channel Index (CCI)- Effective For Overbought/Oversold Conditions
- Useful For Multiple Asset Classes
Chande Momentum Oscillator (CMO)- Less Prone To WhipsawsMinimizes false signals in volatile markets, improving trade accuracy
- Effective In Trending Markets
Cons 👎
Disadvantages or limitations of the trading indicatorRelative Strength Index (RSI)- Can Remain In Overbought/Oversold Conditions During Strong Trends
Commodity Channel Index (CCI)- Can Produce False Signals In Non-Trending Markets
Chande Momentum Oscillator (CMO)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorRelative Strength Index (RSI)Commodity Channel Index (CCI)Chande Momentum Oscillator (CMO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isRelative Strength Index (RSI)Commodity Channel Index (CCI)Chande Momentum Oscillator (CMO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesRelative Strength Index (RSI)Commodity Channel Index (CCI)Chande Momentum Oscillator (CMO)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorRelative Strength Index (RSI)- 6.5The customization score for Relative Strength Index (RSI) is 6.5 out of 10.
Commodity Channel Index (CCI)- 7The customization score for Commodity Channel Index (CCI) is 7 out of 10.
Chande Momentum Oscillator (CMO)- 7The customization score for Chande Momentum Oscillator (CMO) is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsRelative Strength Index (RSI)Commodity Channel Index (CCI)Chande Momentum Oscillator (CMO)
Alternatives to Relative Strength Index (RSI)
Rate Of Change (ROC)
Known for Speed Of Price Changes
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is more versatile than Relative Strength Index (RSI)
Stochastic Oscillator
Known for Momentum And Trend Reversal
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is more customizable than Relative Strength Index (RSI)
Elder-Ray Index
Known for Combining Trend And Momentum
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is more versatile than Relative Strength Index (RSI)
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is more customizable than Relative Strength Index (RSI)
Exponential Moving Average (EMA)
Known for Smooth Price Movements
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is more reliable than Relative Strength Index (RSI)
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is more customizable than Relative Strength Index (RSI)
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is rated higher overall than Relative Strength Index (RSI)
Woodies CCI
Known for Modification Of Traditional CCI
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is more customizable than Relative Strength Index (RSI)
Average True Range (ATR)
Known for Volatility Without Direction
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is more reliable than Relative Strength Index (RSI)
Money Flow Index (MFI)
Known for Volume And Price Movements
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is more customizable than Relative Strength Index (RSI)