Compact mode
Hull Moving Average (HMA) vs Awesome Oscillator (AO) vs Aroon Indicator
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Hull Moving Average (HMA)Awesome Oscillator (AO)Aroon IndicatorAsset 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.
Hull 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.
Awesome Oscillator (AO)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorHull Moving Average (HMA)- Reducing Lag In Moving AveragesHull Moving Average (HMA) is known for Reducing Lag In Moving Averages.
Awesome Oscillator (AO)- Simplicity And EffectivenessAwesome Oscillator (AO) is known for Simplicity And Effectiveness.
Aroon Indicator- Measuring Time Between Highs And LowsAroon Indicator is known for Measuring Time Between Highs And Lows.
Made In 🌍
The country or origin of the trading indicatorHull Moving Average (HMA)Awesome Oscillator (AO)Aroon Indicator
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 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 indicatorHull Moving Average (HMA)- Developed by Alan Hull to address the lag in traditional moving averages
Awesome Oscillator (AO)- Created by Bill Williams
Aroon Indicator- Name means "Dawn's Early Light" in Sanskrit
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorHull Moving Average (HMA)- Humorously called the 'moving average on steroids' by some traders
Awesome Oscillator (AO)- It's like a mood ring for the market's emotional state
Aroon Indicator- It's like a sunrise alarm clock for new trends
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Hull Moving Average (HMA)Awesome Oscillator (AO)- DailyAwesome Oscillator (AO) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
- WeeklyAwesome Oscillator (AO) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends. Click to see all.
Aroon Indicator- DailyAroon Indicator is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
- WeeklyAroon Indicator 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.Hull Moving Average (HMA)Awesome Oscillator (AO)Aroon IndicatorSignal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Hull Moving Average (HMA)Awesome Oscillator (AO)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorHull Moving Average (HMA)Awesome Oscillator (AO)Aroon IndicatorPurpose 📈
The primary purpose or application of the trading indicatorHull Moving Average (HMA)Awesome Oscillator (AO)Aroon Indicator- Trend Strength And Direction AnalysisAroon Indicator is primarily used for Trend Strength And Direction Analysis.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorHull 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.
Awesome Oscillator (AO)- Easy To Interpret
- Helps Identify Momentum ShiftsUseful for spotting changes in market momentum, helping traders time entries and exits Click to see all.
Aroon IndicatorCons 👎
Disadvantages or limitations of the trading indicatorHull 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.
Awesome Oscillator (AO)- Can Be Late In Signaling Trend ChangesIndicators designed to identify potential trend changes as early as possible. Click to see all.
- Requires Confirmation From Price ActionDescribes indicators that need validation from actual price movements before signals are considered reliable. Click to see all.
Aroon Indicator- Can Produce False Signals In Choppy MarketsIndicators that minimize false signals in erratic or indecisive market conditions Click to see all.
- Requires Confirmation From Other IndicatorsIndicates that some indicators need validation from other technical tools for reliable signals. Click to see all.
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorHull Moving Average (HMA)Awesome Oscillator (AO)Aroon IndicatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isHull Moving Average (HMA)Awesome Oscillator (AO)Aroon IndicatorVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesHull Moving Average (HMA)Awesome Oscillator (AO)Aroon IndicatorCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorHull Moving Average (HMA)- 7The customization score for Hull Moving Average (HMA) is 7 out of 10.
Awesome Oscillator (AO)- 6.5The customization score for Awesome Oscillator (AO) is 6.5 out of 10.
Aroon Indicator- 7The customization score for Aroon Indicator is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsHull Moving Average (HMA)Awesome Oscillator (AO)Aroon Indicator
Alternatives to Hull Moving Average (HMA)
Rate Of Change (ROC)
Known for Speed Of Price Changes💻 is easier to use than Hull Moving Average (HMA)
Exponential Moving Average (EMA)
Known for Smooth Price Movements💻 is easier to use than Hull Moving Average (HMA)
⭐ is rated higher overall than Hull Moving Average (HMA)
Elder Triple Screen
Known for Trend-Momentum Alignment🔀 is more versatile than Hull Moving Average (HMA)
🔧 is more customizable than Hull Moving Average (HMA)
⭐ is rated higher overall than Hull Moving Average (HMA)
Directional Movement Index (DMI)
Known for Strength Of Price Movement🔧 is more customizable than Hull Moving Average (HMA)
Rainbow Moving Average
Known for Visual Representation Of Multiple Timeframes🔧 is more customizable than Hull Moving Average (HMA)
Moving Average Envelope
Known for Price Range Visualization💻 is easier to use than Hull Moving Average (HMA)
🔧 is more customizable than Hull Moving Average (HMA)
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction💻 is easier to use than Hull Moving Average (HMA)
🔀 is more versatile than Hull Moving Average (HMA)