Compact mode
Moving Average Convergence Divergence (MACD) vs Relative Strength Index (RSI) vs Fast 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*- StocksIndicators optimized for analyzing and predicting stock price movements in equity markets.
- ForexIndicators optimized for currency pair trading in the foreign exchange market.
Moving Average Convergence Divergence (MACD)Relative Strength Index (RSI)Fast StochasticKnown 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.
Relative Strength Index (RSI)- Momentum MeasurementRelative Strength Index (RSI) is known for Momentum Measurement.
Fast Stochastic- Rapid Momentum ShiftsFast Stochastic is known for Rapid Momentum Shifts.
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
Relative Strength Index (RSI)- 1978Relative Strength Index (RSI) was developed in 1978. Trading indicators specifically developed in 1978
Fast Stochastic- United StatesFast 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
Relative Strength Index (RSI)Fast StochasticComplexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorMoving Average Convergence Divergence (MACD)Relative Strength Index (RSI)Fast StochasticPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityFor all*- HighWidely 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
Relative Strength Index (RSI)- Created by J. Welles Wilder
Fast Stochastic- Often used in conjunction with Slow Stochastic for confirmation
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
Relative Strength Index (RSI)- The only thing relative about it is how relatively often it's misused
Fast Stochastic- Nicknamed the "hare" in contrast to Slow Stochastic's "tortoise"
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.
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
Fast Stochastic- HourlyFast Stochastic is most effective for Hourly timeframes. Indicators tailored for hourly chart analysis, ideal for day traders and short-term strategies.
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Moving Average Convergence Divergence (MACD)Relative Strength Index (RSI)Fast StochasticSignal 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
Relative Strength Index (RSI)- ThresholdsRelative Strength Index (RSI) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Fast Stochastic- CrossoversFast Stochastic generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Moving Average Convergence Divergence (MACD)Relative Strength Index (RSI)Fast Stochastic
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMoving Average Convergence Divergence (MACD)Relative Strength Index (RSI)Fast StochasticPurpose 📈
The primary purpose or application of the trading indicatorMoving Average Convergence Divergence (MACD)Relative Strength Index (RSI)Fast Stochastic- Quick Entry/Exit SignalsFast Stochastic is primarily used for Quick Entry/Exit Signals.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMoving Average Convergence Divergence (MACD)- Effective For Trend Identification
- Useful In Ranging Markets
Relative Strength Index (RSI)- Easy To Interpret
- Effective For Identifying Reversals
Fast Stochastic- Provides Earlier Signals Than Slow Stochastic
- Useful For Short-Term Trading
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.
Relative Strength Index (RSI)- Can Remain In Overbought/Oversold Conditions During Strong Trends
Fast Stochastic
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoving Average Convergence Divergence (MACD)Relative Strength Index (RSI)Fast StochasticEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoving Average Convergence Divergence (MACD)Relative Strength Index (RSI)Fast StochasticVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoving Average Convergence Divergence (MACD)Relative Strength Index (RSI)Fast 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.
Relative Strength Index (RSI)- 6.5The customization score for Relative Strength Index (RSI) is 6.5 out of 10.
Fast Stochastic- 6.5The customization score for Fast Stochastic is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsMoving Average Convergence Divergence (MACD)Relative Strength Index (RSI)Fast Stochastic
Alternatives to Moving Average Convergence Divergence (MACD)
Rate Of Change (ROC)
Known for Speed Of Price Changes
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is more versatile than Relative Strength Index (RSI)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement
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is more customizable 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)
Money Flow Index (MFI)
Known for Volume And Price Movements
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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)
Woodies CCI
Known for Modification Of Traditional CCI
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is more customizable than Relative Strength Index (RSI)