Compact mode
Average Directional Index (ADX) vs Commodity Channel Index (CCI) vs Ultimate Oscillator
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Average Directional Index (ADX)Commodity Channel Index (CCI)Ultimate OscillatorAsset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Average Directional Index (ADX)- StocksThe asset classes Average Directional Index (ADX) 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 Average Directional Index (ADX) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Commodity Channel Index (CCI)Ultimate OscillatorKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorAverage Directional Index (ADX)- Trend Strength Without DirectionAverage Directional Index (ADX) is known for Trend Strength Without Direction.
Commodity Channel Index (CCI)- Identifying Cyclical TrendsCommodity Channel Index (CCI) is known for Identifying Cyclical Trends.
Ultimate Oscillator- Multi-Timeframe AnalysisUltimate Oscillator is known for Multi-Timeframe Analysis.
Made In 🌍
The country or origin of the trading indicatorAverage Directional Index (ADX)Commodity Channel Index (CCI)Ultimate Oscillator
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Average Directional Index (ADX)Commodity Channel Index (CCI)Ultimate OscillatorComplexity 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 communityFor all*
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorAverage Directional Index (ADX)- Part of the Directional Movement System
Commodity Channel Index (CCI)- Originally developed for commodities
Ultimate Oscillator- Created by Larry Williams in 1976
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorAverage Directional Index (ADX)- It's like a gym membership - tells you how strong the trend is but not where it's going
Commodity Channel Index (CCI)- It's like a mood ring for the market - changes color frequently
Ultimate Oscillator- It's like a three-course meal of technical analysis
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*Average Directional Index (ADX)Commodity Channel Index (CCI)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Average Directional Index (ADX)Commodity Channel Index (CCI)Ultimate OscillatorSignal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Commodity Channel Index (CCI)Ultimate OscillatorCustomization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Commodity Channel Index (CCI)Ultimate Oscillator
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorAverage Directional Index (ADX)Commodity Channel Index (CCI)Ultimate OscillatorPurpose 📈
The primary purpose or application of the trading indicatorAverage Directional Index (ADX)Commodity Channel Index (CCI)Ultimate Oscillator- Reducing False DivergencesUltimate Oscillator is primarily used for Reducing False Divergences.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorAverage Directional Index (ADX)- Effective For Identifying Strong Trends
- Non-DirectionalProvides market insights without predicting price direction, useful for various strategies Click to see all.
Commodity Channel Index (CCI)- Effective For Overbought/Oversold Conditions
- Useful For Multiple Asset Classes
Ultimate OscillatorCons 👎
Disadvantages or limitations of the trading indicatorAverage Directional Index (ADX)- Doesn't Indicate Trend DirectionIndicators that don't reveal trend direction, potentially missing important market context. Click to see all.
- Lagging IndicatorIndicators that follow price action, potentially delaying trading signals in fast-moving markets. Click to see all.
Commodity Channel Index (CCI)- Can Produce False Signals In Non-Trending Markets
Ultimate Oscillator- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Requires Context For Interpretation
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorAverage Directional Index (ADX)Commodity Channel Index (CCI)Ultimate OscillatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isAverage Directional Index (ADX)Commodity Channel Index (CCI)Ultimate OscillatorVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesAverage Directional Index (ADX)Commodity Channel Index (CCI)Ultimate OscillatorCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorAverage Directional Index (ADX)- 6.5The customization score for Average Directional Index (ADX) is 6.5 out of 10.
Commodity Channel Index (CCI)- 7The customization score for Commodity Channel Index (CCI) is 7 out of 10.
Ultimate Oscillator- 7The customization score for Ultimate Oscillator is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsAverage Directional Index (ADX)Commodity Channel Index (CCI)Ultimate Oscillator
Alternatives to Average Directional Index (ADX)
Elder-Ray Index
Known for Combining Trend And Momentum💯 is more reliable than Commodity Channel Index (CCI)
🔧 is more customizable than Commodity Channel Index (CCI)
⭐ is rated higher overall than Commodity Channel Index (CCI)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement💯 is more reliable than Commodity Channel Index (CCI)
Money Flow Index (MFI)
Known for Volume And Price Movements💯 is more reliable than Commodity Channel Index (CCI)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement🔀 is more versatile than Commodity Channel Index (CCI)
🔧 is more customizable than Commodity Channel Index (CCI)
⭐ is rated higher overall than Commodity Channel Index (CCI)
Volume Oscillator
Known for Volume Divergence💯 is more reliable than Commodity Channel Index (CCI)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise💯 is more reliable than Commodity Channel Index (CCI)
Elder Triple Screen
Known for Trend-Momentum Alignment💯 is more reliable than Commodity Channel Index (CCI)
🔀 is more versatile than Commodity Channel Index (CCI)
🔧 is more customizable than Commodity Channel Index (CCI)
⭐ is rated higher overall than Commodity Channel Index (CCI)
Hull Moving Average (HMA)
Known for Reducing Lag In Moving Averages💯 is more reliable than Commodity Channel Index (CCI)
⭐ is rated higher overall than Commodity Channel Index (CCI)