Compact mode
Bollinger Bands vs Moving Average Convergence Divergence (MACD) vs Hull Moving Average (HMA)
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 BandsMoving Average Convergence Divergence (MACD)Hull Moving Average (HMA)Asset 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.
- CryptocurrenciesIndicators tailored for the volatile and 24/7 nature of cryptocurrency trading.
Hull Moving Average (HMA)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.
Moving Average Convergence Divergence (MACD)- Trend Strength And DirectionMoving Average Convergence Divergence (MACD) is known for Trend Strength And Direction.
Hull Moving Average (HMA)- Reducing Lag In Moving AveragesHull Moving Average (HMA) is known for Reducing Lag In Moving Averages.
Made In 🌍
The country or origin of the trading indicatorBollinger BandsMoving Average Convergence Divergence (MACD)Hull Moving Average (HMA)
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Bollinger BandsMoving Average Convergence Divergence (MACD)Hull Moving Average (HMA)Complexity 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 BandsMoving Average Convergence Divergence (MACD)Hull Moving Average (HMA)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorBollinger Bands- Named after John Bollinger
Moving Average Convergence Divergence (MACD)- Developed by Gerald Appel
Hull Moving Average (HMA)- Developed by Alan Hull to address the lag in traditional moving averages
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
Moving Average Convergence Divergence (MACD)- Even your grandma knows this one but still can't use it properly
Hull Moving Average (HMA)- Humorously called the 'moving average on steroids' by some traders
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.
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. Click to see all.
- 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. Click to see all.
Hull Moving Average (HMA)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Bollinger BandsMoving Average Convergence Divergence (MACD)Hull Moving Average (HMA)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsBollinger Bands- BreakoutsBollinger Bands generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends Click to see all.
- ThresholdsBollinger Bands generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met Click to see all.
Moving Average Convergence Divergence (MACD)- CrossoversMoving Average Convergence Divergence (MACD) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- DivergencesMoving Average Convergence Divergence (MACD) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Hull Moving Average (HMA)- CrossoversHull Moving Average (HMA) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- BreakoutsHull Moving Average (HMA) generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends Click to see all.
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Bollinger BandsMoving Average Convergence Divergence (MACD)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorBollinger BandsMoving Average Convergence Divergence (MACD)Hull Moving Average (HMA)Purpose 📈
The primary purpose or application of the trading indicatorBollinger BandsMoving Average Convergence Divergence (MACD)Hull Moving Average (HMA)
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
Moving Average Convergence Divergence (MACD)- Effective For Trend Identification
- Useful In Ranging Markets
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.
Cons 👎
Disadvantages or limitations of the trading indicatorBollinger Bands- Can Be Less Effective In Trending Markets
Moving 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.
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.
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorBollinger BandsMoving Average Convergence Divergence (MACD)Hull Moving Average (HMA)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isBollinger BandsMoving Average Convergence Divergence (MACD)Hull Moving Average (HMA)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesBollinger BandsMoving Average Convergence Divergence (MACD)Hull Moving Average (HMA)Customization 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.
Moving Average Convergence Divergence (MACD)- 7The customization score for Moving Average Convergence Divergence (MACD) is 7 out of 10.
Hull Moving Average (HMA)- 7The customization score for Hull Moving Average (HMA) is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsBollinger BandsMoving Average Convergence Divergence (MACD)Hull Moving Average (HMA)
Alternatives to Bollinger Bands
Donchian Channels
Known for Simplicity And Effectiveness💻 is easier to use than Bollinger Bands
Average True Range (ATR)
Known for Volatility Without Direction💻 is easier to use than Bollinger Bands
Stochastic Oscillator
Known for Momentum And Trend Reversal💻 is easier to use than Bollinger Bands
Simple Moving Average (SMA)
Known for Smooth Price Movements💻 is easier to use than Bollinger Bands
Exponential Moving Average (EMA)
Known for Smooth Price Movements💻 is easier to use than Bollinger Bands