Compact mode
Bollinger Bands vs Hull Moving Average (HMA) vs Keltner Channels
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Bollinger BandsHull Moving Average (HMA)Keltner ChannelsAsset 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.
Bollinger BandsHull Moving Average (HMA)- CommoditiesThe asset classes Hull Moving Average (HMA) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
- CryptocurrenciesThe asset classes Hull Moving Average (HMA) is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. Click to see all.
Known for 💭
The unique selling point or distinguishing feature of the trading indicatorBollinger Bands- Volatility And Trend StrengthBollinger Bands is known for Volatility And Trend Strength.
Hull Moving Average (HMA)- Reducing Lag In Moving AveragesHull Moving Average (HMA) is known for Reducing Lag In Moving Averages.
Keltner Channels- Combining Moving Averages With VolatilityKeltner Channels is known for Combining Moving Averages With Volatility.
Made In 🌍
The country or origin of the trading indicatorBollinger BandsHull Moving Average (HMA)Keltner Channels
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Bollinger BandsHull Moving Average (HMA)Keltner ChannelsComplexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorFor all*Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityBollinger BandsHull Moving Average (HMA)Keltner Channels
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorBollinger Bands- Named after John Bollinger
Hull Moving Average (HMA)- Developed by Alan Hull to address the lag in traditional moving averages
Keltner Channels- Named after Chester Keltner
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorBollinger Bands- It's like a financial corset - squeezing the price until it pops out
Hull Moving Average (HMA)- Humorously called the 'moving average on steroids' by some traders
Keltner Channels- It's like a bodyguard for price trends keeping them in check
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Bollinger Bands- 15-MinuteBollinger Bands is most effective for 15-Minute timeframes. Indicators suited for analyzing market data on a 15-minute timeframe Click to see all.
- 1-HourBollinger Bands is most effective for 1-Hour timeframes. Indicators optimized for analyzing market data on a 1-hour timeframe Click to see all.
- DailyBollinger Bands is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
Hull Moving Average (HMA)Keltner Channels- DailyKeltner Channels is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
- WeeklyKeltner Channels is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends. Click to see all.
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Bollinger BandsHull Moving Average (HMA)Keltner ChannelsSignal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Bollinger BandsHull Moving Average (HMA)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Bollinger BandsKeltner Channels
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorBollinger BandsHull Moving Average (HMA)Keltner ChannelsPurpose 📈
The primary purpose or application of the trading indicatorBollinger BandsHull Moving Average (HMA)Keltner Channels
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorBollinger Bands- Adapts To Market VolatilityIndicators that adjust to changing market conditions and volatility levels Click to see all.
- Useful For Multiple Strategies
Hull Moving Average (HMA)- Responds Quickly To Price Changes
- Reduces Lag SignificantlyProvides more timely signals, improving trade timing and potentially increasing profits Click to see all.
Keltner ChannelsCons 👎
Disadvantages or limitations of the trading indicatorBollinger Bands- Can Be Less Effective In Trending Markets
Hull Moving Average (HMA)- Can Be Overly Sensitive In Volatile Markets
- Less Commonly Available In Trading PlatformsIndicators not widely available in trading platforms, potentially limiting their use for some traders. Click to see all.
Keltner Channels
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorBollinger BandsHull Moving Average (HMA)Keltner ChannelsEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isFor all*Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesBollinger BandsHull Moving Average (HMA)Keltner ChannelsCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorBollinger Bands- 8The customization score for Bollinger Bands is 8 out of 10.
Hull Moving Average (HMA)- 7The customization score for Hull Moving Average (HMA) is 7 out of 10.
Keltner Channels- 8The customization score for Keltner Channels is 8 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsBollinger BandsHull Moving Average (HMA)Keltner Channels
Alternatives to Bollinger Bands
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction💻 is easier to use than Bollinger Bands
Average True Range (ATR)
Known for Volatility Without Direction💻 is easier to use than Bollinger Bands
Donchian Channels
Known for Simplicity And Effectiveness💻 is easier to use than Bollinger Bands
Simple Moving Average (SMA)
Known for Smooth Price Movements💻 is easier to use than Bollinger Bands
Stochastic Oscillator
Known for Momentum And Trend Reversal💻 is easier to use than Bollinger Bands
Exponential Moving Average (EMA)
Known for Smooth Price Movements💻 is easier to use than Bollinger Bands