Compact mode
Hull Moving Average (HMA) vs Average Directional Index (ADX) vs Commodity Channel Index (CCI)
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)Average Directional Index (ADX)Commodity Channel Index (CCI)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*- ForexIndicators optimized for currency pair trading in the foreign exchange market.
- CommoditiesTrading indicators optimized for commodity markets like oil, gold, and agricultural products.
Hull Moving Average (HMA)- StocksThe asset classes Hull Moving Average (HMA) is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. 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.
Average Directional Index (ADX)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.
Average 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.
Made In 🌍
The country or origin of the trading indicatorHull Moving Average (HMA)Average Directional Index (ADX)Commodity Channel Index (CCI)
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Hull Moving Average (HMA)Average Directional Index (ADX)Commodity Channel Index (CCI)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
Average Directional Index (ADX)- Part of the Directional Movement System
Commodity Channel Index (CCI)- Originally developed for commodities
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorHull Moving Average (HMA)- Humorously called the 'moving average on steroids' by some traders
Average 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
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Hull Moving Average (HMA)Average Directional Index (ADX)- DailyAverage Directional Index (ADX) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
- WeeklyAverage Directional Index (ADX) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends. Click to see all.
Commodity Channel Index (CCI)- DailyCommodity Channel Index (CCI) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
- WeeklyCommodity Channel Index (CCI) 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)Average Directional Index (ADX)Commodity Channel Index (CCI)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsHull 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.
Average Directional Index (ADX)Commodity Channel Index (CCI)- ThresholdsCommodity Channel Index (CCI) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met Click to see all.
- BreakoutsCommodity Channel Index (CCI) 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*Commodity Channel Index (CCI)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorHull Moving Average (HMA)Average Directional Index (ADX)Commodity Channel Index (CCI)Purpose 📈
The primary purpose or application of the trading indicatorHull Moving Average (HMA)Average Directional Index (ADX)Commodity Channel Index (CCI)
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.
Average 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
Cons 👎
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.
Average 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
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorHull Moving Average (HMA)Average Directional Index (ADX)Commodity Channel Index (CCI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isHull Moving Average (HMA)Average Directional Index (ADX)Commodity Channel Index (CCI)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesHull Moving Average (HMA)Average Directional Index (ADX)Commodity Channel Index (CCI)Customization 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.
Average 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.
Score ⭐
The overall score of the trading indicator based on various performance metricsHull Moving Average (HMA)Average Directional Index (ADX)Commodity Channel Index (CCI)
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)