Compact mode
Moving Average Convergence Divergence (MACD) vs Stochastic Oscillator vs Supertrend Indicator
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)Stochastic OscillatorSupertrend Indicator- TrendSupertrend Indicator is a Trend type indicator. Indicators that help identify and confirm market trends
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Known 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.
Stochastic Oscillator- Momentum And Trend ReversalStochastic Oscillator is known for Momentum And Trend Reversal.
Supertrend Indicator- Simplifying Trend FollowingSupertrend Indicator is known for Simplifying Trend Following.
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
Stochastic OscillatorSupertrend Indicator- 2000SSupertrend Indicator was developed in 2000S. Trading indicators developed in the early 21st century
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
Stochastic OscillatorSupertrend IndicatorComplexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorMoving Average Convergence Divergence (MACD)Stochastic OscillatorSupertrend IndicatorPopularity 🏆
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
Stochastic Oscillator- Developed by George Lane
Supertrend Indicator- Popular among algorithmic traders for its simplicity
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
Stochastic Oscillator- It's as unpredictable as a teenager's mood swings
Supertrend Indicator- So super it might need a cape and tights
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Moving Average Convergence Divergence (MACD)- DailyMoving Average Convergence Divergence (MACD) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- 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.
Stochastic Oscillator- 5-MinuteStochastic Oscillator is most effective for 5-Minute timeframes. Indicators optimized for analyzing rapid market movements on a 5-minute timeframe
- 15-MinuteStochastic Oscillator is most effective for 15-Minute timeframes. Indicators suited for analyzing market data on a 15-minute timeframe
- 1-HourStochastic Oscillator is most effective for 1-Hour timeframes. Indicators optimized for analyzing market data on a 1-hour timeframe
Supertrend Indicator- DailySupertrend Indicator is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- WeeklySupertrend Indicator 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)Stochastic OscillatorSupertrend IndicatorSignal 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
Stochastic Oscillator- ThresholdsStochastic 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)Stochastic OscillatorSupertrend Indicator
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMoving Average Convergence Divergence (MACD)Stochastic OscillatorSupertrend Indicator- Trend FollowersSupertrend Indicator is designed for Trend Followers. Identifies and confirms long-term market trends, suitable for trend-following strategies Click to see all.
- Day TradersSupertrend Indicator is designed for Day Traders. Tools optimized for short-term intraday trading decisions Click to see all.
Purpose 📈
The primary purpose or application of the trading indicatorMoving Average Convergence Divergence (MACD)Stochastic OscillatorSupertrend Indicator- Trend DirectionSupertrend Indicator is primarily used for Trend Direction. Indicators that help determine the overall direction of price movement in a market Click to see all.
- Stop Loss PlacementSupertrend Indicator is primarily used for Stop Loss Placement. Indicators that help determine optimal stop loss levels Click to see all.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMoving Average Convergence Divergence (MACD)- Effective For Trend Identification
- Useful In Ranging Markets
Stochastic Oscillator- Effective For Ranging MarketsIndicators specialized in analyzing non-trending, range-bound markets
- Easy To UnderstandIndicators with straightforward concepts and interpretations
Supertrend Indicator- Easy To Interpret Buy/Sell Signals
- Adapts To Market VolatilityIndicators that adjust to changing market conditions and volatility levels
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.
Stochastic Oscillator- Can Give False Signals In Strong Trends
Supertrend Indicator- Can Give False Signals In Choppy Markets
- Lag In Trend ReversalsIndicators that may be slow to signal trend reversals, potentially delaying important trading decisions. Click to see all.
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoving Average Convergence Divergence (MACD)Stochastic OscillatorSupertrend IndicatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoving Average Convergence Divergence (MACD)Stochastic OscillatorSupertrend IndicatorVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoving Average Convergence Divergence (MACD)Stochastic OscillatorSupertrend IndicatorCustomization 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.
Stochastic Oscillator- 7The customization score for Stochastic Oscillator is 7 out of 10.
Supertrend Indicator- 5.5The customization score for Supertrend Indicator is 5.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsMoving Average Convergence Divergence (MACD)Stochastic OscillatorSupertrend Indicator
Alternatives to Moving Average Convergence Divergence (MACD)
Relative Strength Index (RSI)
Known for Momentum Measurement
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is more reliable than Stochastic Oscillator
💻
is easier to use than Stochastic Oscillator
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is more versatile than Stochastic Oscillator
⭐
is rated higher overall than Stochastic Oscillator
Elder-Ray Index
Known for Combining Trend And Momentum
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is more versatile than Stochastic Oscillator
🔧
is more customizable than Stochastic Oscillator
Dynamic Momentum Index
Known for Adapting To Market Volatility
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is more versatile than Stochastic Oscillator
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
🔀
is more versatile than Stochastic Oscillator
Schaff Trend Cycle
Known for Combining Trend And Cycle Analysis
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is more versatile than Stochastic Oscillator
Elder Force Index
Known for Combining Price And Volume
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is more versatile than Stochastic Oscillator
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement
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is more versatile than Stochastic Oscillator