Compact mode
Hull Moving Average (HMA) vs Moving Average Envelope 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)Moving Average EnvelopeCommodity 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.
Moving Average EnvelopeKnown 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.
Moving Average Envelope- Price Range VisualizationMoving Average Envelope is known for Price Range Visualization.
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)Moving Average EnvelopeCommodity 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)Moving Average EnvelopeCommodity Channel Index (CCI)Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorHull Moving Average (HMA)Moving Average EnvelopeCommodity Channel Index (CCI)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
Moving Average Envelope- Envelopes typically use 2% above and below the moving average
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
Moving Average Envelope- Often mistaken for Bollinger Bands by novice traders
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)Moving Average Envelope- DailyMoving Average Envelope is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
- WeeklyMoving Average Envelope 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)Moving Average EnvelopeCommodity Channel Index (CCI)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Hull Moving Average (HMA)Commodity Channel Index (CCI)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Moving Average EnvelopeCommodity Channel Index (CCI)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorHull Moving Average (HMA)Moving Average EnvelopeCommodity Channel Index (CCI)Purpose 📈
The primary purpose or application of the trading indicatorHull Moving Average (HMA)Moving Average EnvelopeCommodity 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.
Moving Average Envelope- Simple To Understand And Implement
- Helps Identify Overbought/Oversold ConditionsSignals when an asset may be overvalued or undervalued, helping traders spot potential reversals 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.
Moving Average Envelope- Can Be Late In Signaling Trend ReversalsIndicators that excel in early trend reversal detection, minimizing delays in signaling changes Click to see all.
- Effectiveness Varies In Different Market Conditions
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)Moving Average EnvelopeCommodity Channel Index (CCI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isHull Moving Average (HMA)Moving Average EnvelopeCommodity Channel Index (CCI)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesHull Moving Average (HMA)Moving Average EnvelopeCommodity 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.
Moving Average Envelope- 7.5The customization score for Moving Average Envelope is 7.5 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)Moving Average EnvelopeCommodity 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 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)