Commodity Channel Index (CCI) vs Volume Oscillator vs Commitment of Traders (COT)
Compact mode

Commodity Channel Index (CCI) vs Volume Oscillator vs Commitment Of Traders (COT)

General Information Comparison

Characteristics Comparison

Facts Comparison

  • Interesting Fact 💡

    An intriguing or lesser-known fact about the trading indicator
    Commodity Channel Index (CCI)
    • Originally developed for commodities
    Volume Oscillator
    • Combines elements of Moving Average Convergence Divergence (MACD) with volume
    Commitment of Traders (COT)
    • Mandated by the Commodity Exchange Act in 1962
  • Sarcastic Fact 😉

    A humorous or ironic observation about the trading indicator
    Commodity Channel Index (CCI)
    • It's like a mood ring for the market - changes color frequently
    Volume Oscillator
    • Often called the "heartbeat monitor" of the market
    Commitment of Traders (COT)
    • It's like peeking at the big players' cards - if only they weren't playing poker face!

Application Comparison

  • Timeframe 🕑

    The time intervals or periods for which the trading indicator is most effective or commonly used.
    For all*
    • Weekly
      Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
    Commodity Channel Index (CCI)
    • Daily
      Commodity Channel Index (CCI) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
    Volume Oscillator
    • Daily
      Volume Oscillator is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.

Technical Details Comparison

Usage Comparison

Evaluation Comparison

  • Pros 👍

    Advantages of using the trading indicator
    Commodity Channel Index (CCI)
    • Effective For Overbought/Oversold Conditions
    • Useful For Multiple Asset Classes
    Volume Oscillator
    • Helps Confirm Price Movements With Volume
      Indicators that validate price changes by analyzing trading volume
    • Useful For Spotting Fake Breakouts
    Commitment of Traders (COT)
    • Provides Insight Into Big Players' Positions
      Helps track large-scale market participants' activities, aiding in strategy alignment
    • Useful For Long-Term Analysis
      Indicators suited for analyzing extended time periods and identifying major trends
    • Free Data From CFTC
      Indicators utilizing freely available data from the Commodity Futures Trading Commission
  • Cons 👎

    Disadvantages or limitations of the trading indicator
    Commodity Channel Index (CCI)
    • Can Produce False Signals In Non-Trending Markets
    Volume Oscillator
    Commitment of Traders (COT)
    • Weekly Reporting Lag
    • Complex Interpretation
    • Limited To Futures Markets

Performance Metrics Comparison

Alternatives to Commodity Channel Index (CCI)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
💯 is more reliable than Volume Oscillator
💻 is easier to use than Volume Oscillator
🔧 is more customizable than Volume Oscillator
is rated higher overall than Volume Oscillator
Aroon Indicator
Known for Measuring Time Between Highs And Lows
💯 is more reliable than Volume Oscillator
💻 is easier to use than Volume Oscillator
is rated higher overall than Volume Oscillator
Aroon Up And Down
Known for Identifying Potential Trend Changes
💻 is easier to use than Volume Oscillator
Directional Movement Index (DMI)
Known for Strength Of Price Movement
💯 is more reliable than Volume Oscillator
🔧 is more customizable than Volume Oscillator
is rated higher overall than Volume Oscillator
Know Sure Thing (KST)
Known for Trend Strength Measurement
🔧 is more customizable than Volume Oscillator