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Ichimoku Cloud vs Volume Oscillator vs Commitment Of Traders (COT)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Ichimoku Cloud- TrendIchimoku Cloud is a Trend type indicator. Indicators that help identify and confirm market trends
Volume Oscillator- VolumeVolume Oscillator is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Commitment of Traders (COT)- SentimentCommitment of Traders (COT) is a Sentiment type indicator. Indicators that measure market sentiment and trader emotions
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedIchimoku Cloud- StocksThe asset classes Ichimoku Cloud is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.
- ForexThe asset classes Ichimoku Cloud is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
Volume Oscillator- StocksThe asset classes Volume Oscillator is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.
- CommoditiesThe asset classes Volume Oscillator is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
- FuturesThe asset classes Volume Oscillator is typically used for are Futures. Indicators designed for trading futures contracts across various asset classes. Click to see all.
Commitment of Traders (COT)- FuturesThe asset classes Commitment of Traders (COT) is typically used for are Futures. Indicators designed for trading futures contracts across various asset classes. Click to see all.
- CommoditiesThe asset classes Commitment of Traders (COT) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Known for 💭
The unique selling point or distinguishing feature of the trading indicatorIchimoku Cloud- All-In-One IndicatorIchimoku Cloud is known for All-In-One Indicator.
Volume Oscillator- Volume DivergenceVolume Oscillator is known for Volume Divergence.
Commitment of Traders (COT)- Insight Into Institutional PositioningCommitment of Traders (COT) is known for Insight Into Institutional Positioning.
Made In 🌍
The country or origin of the trading indicatorIchimoku CloudVolume Oscillator- United StatesVolume Oscillator was developed in United States. Indicators developed in the USA, reflecting American trading principles
Commitment of Traders (COT)- USACommitment of Traders (COT) was developed in USA. Trading indicators developed by American market analysts
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 indicatorIchimoku CloudVolume OscillatorCommitment of Traders (COT)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityFor all*- MediumIndicators with balanced adoption and potential effectiveness
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorIchimoku Cloud- Created by Japanese journalist Goichi Hosoda
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 indicatorIchimoku Cloud- It's like a weather forecast for your trades - often wrong but never in doubt
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*- WeeklyIndicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Ichimoku Cloud- DailyIchimoku Cloud is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
Volume Oscillator- DailyVolume Oscillator is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Ichimoku CloudVolume OscillatorCommitment of Traders (COT)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsIchimoku Cloud- CrossoversIchimoku Cloud generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- BreakoutsIchimoku Cloud generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Volume Oscillator- CrossoversVolume Oscillator generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Commitment of Traders (COT)- Position ChangesCommitment of Traders (COT) generates trading signals through Position Changes. Indicators that signal when to alter trading positions based on market conditions
- ExtremesCommitment of Traders (COT) generates trading signals through Extremes. Indicators that identify overbought or oversold conditions in the market
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorIchimoku CloudVolume Oscillator- PeriodVolume Oscillator offers customization options for Period. Enables customization of analysis timeframe Click to see all.
- SmoothingVolume Oscillator offers customization options for Smoothing. Adjustable smoothing for noise reduction Click to see all.
Commitment of Traders (COT)- Report CategoriesCommitment of Traders (COT) offers customization options for Report Categories. Enables customization of analysis report types or sections Click to see all.
- Time PeriodsCommitment of Traders (COT) offers customization options for Time Periods. Customizable multiple time periods for analysis Click to see all.
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorIchimoku CloudVolume OscillatorCommitment of Traders (COT)- Institutional TradersCommitment of Traders (COT) is designed for Institutional Traders. Tailored for large-scale trading decisions and portfolio management Click to see all.
- Commodity AnalystsCommitment of Traders (COT) is designed for Commodity Analysts. Specialized tools for analyzing trends and patterns in commodity markets Click to see all.
Purpose 📈
The primary purpose or application of the trading indicatorIchimoku Cloud- Multiple Aspects Of MarketIchimoku Cloud is primarily used for Multiple Aspects Of Market.
Volume Oscillator- Volume Trend IdentificationVolume Oscillator is primarily used for Volume Trend Identification.
Commitment of Traders (COT)- Market Sentiment AnalysisCommitment of Traders (COT) is primarily used for Market Sentiment Analysis. Indicators that gauge overall market mood and psychology Click to see all.
- Long-Term Trend PredictionCommitment of Traders (COT) is primarily used for Long-Term Trend Prediction. Indicators that excel at forecasting extended market movements Click to see all.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorIchimoku Cloud- Provides Multiple Signals
- Forward-LookingIndicators designed to anticipate future market movements
Volume Oscillator- Helps Confirm Price Movements With VolumeIndicators that validate price changes by analyzing trading volume
- Useful For Spotting Fake Breakouts
Commitment of Traders (COT)- Provides Insight Into Big Players' PositionsHelps track large-scale market participants' activities, aiding in strategy alignment
- Useful For Long-Term AnalysisIndicators suited for analyzing extended time periods and identifying major trends
- Free Data From CFTCIndicators utilizing freely available data from the Commodity Futures Trading Commission
Cons 👎
Disadvantages or limitations of the trading indicatorIchimoku Cloud- Complex To Interpret
- Clutters Charts
Volume Oscillator- Can Be Less Effective In Low-Volume Markets
- Requires Understanding Of Volume AnalysisDescribes indicators that need knowledge of volume interpretation for effective use. Click to see all.
Commitment of Traders (COT)- Weekly Reporting Lag
- Complex Interpretation
- Limited To Futures Markets
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorIchimoku CloudVolume OscillatorCommitment of Traders (COT)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isIchimoku CloudVolume OscillatorCommitment of Traders (COT)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesIchimoku CloudVolume OscillatorCommitment of Traders (COT)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorIchimoku Cloud- 7.5The customization score for Ichimoku Cloud is 7.5 out of 10.
Volume Oscillator- 7The customization score for Volume Oscillator is 7 out of 10.
Commitment of Traders (COT)- 6.5The customization score for Commitment of Traders (COT) is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsIchimoku CloudVolume OscillatorCommitment of Traders (COT)
Alternatives to Ichimoku Cloud
Chaikin Oscillator
Known for Accumulation/Distribution Trends
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is more reliable than Volume Oscillator
💻
is easier to use than Volume Oscillator
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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
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is rated higher overall than Volume Oscillator
Know Sure Thing (KST)
Known for Trend Strength Measurement
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is more customizable than Volume Oscillator