Compact mode
Commodity Channel Index (CCI) vs Ultimate Oscillator
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Both*Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedBoth*Commodity Channel Index (CCI)Ultimate OscillatorKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorCommodity Channel Index (CCI)- Identifying Cyclical TrendsCommodity Channel Index (CCI) is known for Identifying Cyclical Trends.
Ultimate Oscillator- Multi-Timeframe AnalysisUltimate Oscillator is known for Multi-Timeframe Analysis.
Made In 🌍
The country or origin of the trading indicatorCommodity Channel Index (CCI)- 1980Commodity Channel Index (CCI) was developed in 1980. Trading indicators created at the start of a new decade
Ultimate Oscillator- United StatesUltimate Oscillator 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.Both*Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityBoth*- MediumIndicators with balanced adoption and potential effectiveness
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorCommodity Channel Index (CCI)- Originally developed for commodities
Ultimate Oscillator- Created by Larry Williams in 1976
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorCommodity Channel Index (CCI)- It's like a mood ring for the market - changes color frequently
Ultimate Oscillator- It's like a three-course meal of technical analysis
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Both*- DailyIndicators optimized for daily chart analysis, suitable for swing and position traders.
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.
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Both*Signal Generation 📊
Describes the methods by which the indicator produces trading signalsBoth*- ThresholdsIndicators that generate signals when certain predefined levels or conditions are met
Commodity Channel Index (CCI)- BreakoutsCommodity Channel Index (CCI) generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Ultimate Oscillator- DivergencesUltimate Oscillator 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 indicatorBoth*Commodity Channel Index (CCI)Ultimate Oscillator
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorCommodity Channel Index (CCI)Ultimate OscillatorPurpose 📈
The primary purpose or application of the trading indicatorCommodity Channel Index (CCI)Ultimate Oscillator- Reducing False DivergencesUltimate Oscillator is primarily used for Reducing False Divergences.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorCommodity Channel Index (CCI)- Effective For Overbought/Oversold Conditions
- Useful For Multiple Asset Classes
Ultimate Oscillator- Combines Short Medium And Long-Term IndicatorsIndicators analyzing short, medium, and long-term market trends simultaneously
- Reduces WhipsawsMinimizes false signals in volatile markets, improving trade accuracy
Cons 👎
Disadvantages or limitations of the trading indicatorCommodity Channel Index (CCI)- Can Produce False Signals In Non-Trending Markets
Ultimate Oscillator- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Requires Context For Interpretation
Performance Metrics Comparison
Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isCommodity Channel Index (CCI)Ultimate OscillatorVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesCommodity Channel Index (CCI)Ultimate OscillatorCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorBoth*Score ⭐
The overall score of the trading indicator based on various performance metricsCommodity Channel Index (CCI)Ultimate Oscillator
Alternatives to Commodity Channel Index (CCI)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
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is more reliable than Ultimate Oscillator
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement
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is more reliable than Ultimate Oscillator
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is easier to use than Ultimate Oscillator
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement
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is easier to use than Ultimate Oscillator
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is more customizable than Ultimate Oscillator
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is rated higher overall than Ultimate Oscillator
Choppiness Index
Known for Identifying Trending Vs Choppy Markets
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is more reliable than Ultimate Oscillator
⭐
is rated higher overall than Ultimate Oscillator
Elder-Ray Index
Known for Combining Trend And Momentum
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is more reliable than Ultimate Oscillator
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is more customizable than Ultimate Oscillator
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is rated higher overall than Ultimate Oscillator
Know Sure Thing (KST)
Known for Trend Strength Measurement
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is more reliable than Ultimate Oscillator
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is more customizable than Ultimate Oscillator
Money Flow Index (MFI)
Known for Volume And Price Movements
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is more reliable than Ultimate Oscillator
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is easier to use than Ultimate Oscillator
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is rated higher overall than Ultimate Oscillator
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
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is more reliable than Ultimate Oscillator
💻
is easier to use than Ultimate Oscillator
⭐
is rated higher overall than Ultimate Oscillator
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction
💯
is more reliable than Ultimate Oscillator
💻
is easier to use than Ultimate Oscillator
⭐
is rated higher overall than Ultimate Oscillator