Compact mode
Choppiness Index vs Know Sure Thing (KST) 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.Choppiness IndexKnow Sure Thing (KST)Commitment of Traders (COT)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Choppiness Index- StocksThe asset classes Choppiness Index 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 Choppiness Index is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
Know Sure Thing (KST)Commitment of Traders (COT)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorChoppiness Index- Identifying Trending Vs Choppy MarketsChoppiness Index is known for Identifying Trending Vs Choppy Markets.
Know Sure Thing (KST)- Trend Strength MeasurementKnow Sure Thing (KST) is known for Trend Strength Measurement.
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 indicatorChoppiness IndexKnow Sure Thing (KST)Commitment of Traders (COT)
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.For all*Choppiness IndexComplexity 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 communityChoppiness IndexKnow Sure Thing (KST)Commitment of Traders (COT)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorChoppiness Index- Ranges from 0 to 100
Know Sure Thing (KST)- Developed by Martin Pring
Commitment of Traders (COT)- Mandated by the Commodity Exchange Act in 1962
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorChoppiness Index- It's like a weather forecast for market conditions
Know Sure Thing (KST)- It's like a Swiss Army knife for trend analysis
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*Choppiness IndexKnow Sure Thing (KST)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Choppiness IndexKnow Sure Thing (KST)Commitment of Traders (COT)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsChoppiness IndexKnow Sure Thing (KST)- CrossoversKnow Sure Thing (KST) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- DivergencesKnow Sure Thing (KST) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
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 Click to see all.
- ExtremesCommitment of Traders (COT) generates trading signals through Extremes. Indicators that identify overbought or oversold conditions in the market Click to see all.
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorChoppiness Index- PeriodChoppiness Index offers customization options for Period. Enables customization of analysis timeframe Click to see all.
- Overbought/Oversold LevelsChoppiness Index offers customization options for Overbought/Oversold Levels. Allows customization of extreme market condition levels Click to see all.
Know Sure Thing (KST)- PeriodKnow Sure Thing (KST) offers customization options for Period. Enables customization of analysis timeframe Click to see all.
- ROC InputsKnow Sure Thing (KST) offers customization options for ROC Inputs. Enables customization of Rate of Change calculation parameters 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 indicatorChoppiness Index- Advanced TradersChoppiness Index is designed for Advanced Traders. Sophisticated tools for experienced traders to analyze complex market patterns Click to see all.
- Trend TradersChoppiness Index is designed for Trend Traders. Highlights direction and strength of market trends, crucial for trend-based strategies Click to see all.
- Volatility TradersChoppiness Index is designed for Volatility Traders. Measures and predicts market volatility, essential for volatility-based strategies Click to see all.
Know Sure Thing (KST)Commitment 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 indicatorChoppiness Index- Market Condition AnalysisChoppiness Index is primarily used for Market Condition Analysis. Indicators that assess overall market state and behavior Click to see all.
- Trend Strength AnalysisChoppiness Index is primarily used for Trend Strength Analysis.
- Range-Bound Markets IdentificationChoppiness Index is primarily used for Range-Bound Markets Identification. Indicators that detect sideways price movements Click to see all.
Know Sure Thing (KST)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 indicatorChoppiness Index- Helps Determine Market ConditionsIndicators assisting in identifying current market states and environments Click to see all.
- Useful For Strategy Selection
- Identifies Trending Vs Choppy MarketsHelps differentiate between directional and range-bound markets, aiding strategy selection Click to see all.
- Helps In Strategy Selection
- Applicable To Multiple Markets
Know Sure Thing (KST)- Incorporates Multiple Timeframes
- Smooth Signals
Commitment of Traders (COT)- Provides Insight Into Big Players' PositionsHelps track large-scale market participants' activities, aiding in strategy alignment Click to see all.
- Useful For Long-Term AnalysisIndicators suited for analyzing extended time periods and identifying major trends Click to see all.
- Free Data From CFTCIndicators utilizing freely available data from the Commodity Futures Trading Commission Click to see all.
Cons 👎
Disadvantages or limitations of the trading indicatorChoppiness Index- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Requires Understanding Of Market Dynamics
- Less KnownIndicators not widely recognized, potentially offering unique insights but with limited community support. Click to see all.
- Requires Combination With Other IndicatorsIndicates that some indicators work best when used in conjunction with other technical tools. Click to see all.
- Can Be Lagging In Fast MarketsIndicators designed to provide early signals in rapidly changing market conditions. Click to see all.
Know Sure Thing (KST)- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Less Widely KnownRefers to trading indicators that are not as popular or commonly used by traders. 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 indicatorChoppiness IndexKnow Sure Thing (KST)Commitment of Traders (COT)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isChoppiness IndexKnow Sure Thing (KST)Commitment of Traders (COT)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesChoppiness IndexKnow Sure Thing (KST)Commitment of Traders (COT)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorChoppiness Index- 7The customization score for Choppiness Index is 7 out of 10.
Know Sure Thing (KST)- 7.5The customization score for Know Sure Thing (KST) is 7.5 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 metricsChoppiness IndexKnow Sure Thing (KST)Commitment of Traders (COT)
Alternatives to Choppiness Index
Aroon Indicator
Known for Measuring Time Between Highs And Lows💻 is easier to use than Choppiness Index
Elder-Ray Index
Known for Combining Trend And Momentum🔧 is more customizable than Choppiness Index
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement💻 is easier to use than Choppiness Index
Keltner Channels
Known for Combining Moving Averages With Volatility💻 is easier to use than Choppiness Index
🔧 is more customizable than Choppiness Index