Compact mode
McClellan Oscillator 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.McClellan OscillatorCommitment of Traders (COT)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedMcClellan OscillatorCommitment of Traders (COT)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorMcClellan Oscillator- Identifying Market Trends
Commitment of Traders (COT)- Insight Into Institutional Positioning
Made In 🌍
The country or origin of the trading indicatorMcClellan OscillatorCommitment of Traders (COT)
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Both*Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityBoth*
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorMcClellan Oscillator- Created by Sherman and Marian McClellan in 1969
Commitment of Traders (COT)- Mandated by the Commodity Exchange Act in 1962
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorMcClellan Oscillator- It's like taking the market's temperature with a fancy thermometer
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.McClellan OscillatorCommitment of Traders (COT)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Both*Signal Generation 📊
Describes the methods by which the indicator produces trading signalsMcClellan Oscillator- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- ThresholdsIndicators that generate signals when certain predefined levels or conditions are met Click to see all.
Commitment of Traders (COT)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorMcClellan OscillatorCommitment of Traders (COT)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMcClellan OscillatorCommitment of Traders (COT)Purpose 📈
The primary purpose or application of the trading indicatorMcClellan OscillatorCommitment of Traders (COT)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMcClellan Oscillator- Effective For Overall Market AnalysisIndicators providing broad insights into overall market conditions Click to see all.
- Good For Timing Entries/Exits
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 indicatorMcClellan Oscillator- Specific To Stock MarketsIndicates that some indicators are designed primarily for stock market analysis. Click to see all.
- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
Commitment of Traders (COT)- Weekly Reporting Lag
- Complex Interpretation
- Limited To Futures Markets
Performance Metrics Comparison
Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isBoth*Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesBoth*Customization Score 🔧
A score representing the degree of customization available for the trading indicatorBoth*
Alternatives to McClellan Oscillator
Choppiness Index
Known for Identifying Trending Vs Choppy Markets🔀 is more versatile than McClellan Oscillator
🔧 is more customizable than McClellan Oscillator
⭐ is rated higher overall than McClellan Oscillator
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise🔀 is more versatile than McClellan Oscillator
🔧 is more customizable than McClellan Oscillator
⭐ is rated higher overall than McClellan Oscillator
Elder-Ray Index
Known for Combining Trend And Momentum🔀 is more versatile than McClellan Oscillator
🔧 is more customizable than McClellan Oscillator
⭐ is rated higher overall than McClellan Oscillator
Chaikin Money Flow (CMF)
Known for Identifying Accumulation/Distribution💻 is easier to use than McClellan Oscillator
⭐ is rated higher overall than McClellan Oscillator
Balance Of Power (BOP)
Known for Measuring Market Sentiment💻 is easier to use than McClellan Oscillator
Aroon Indicator
Known for Measuring Time Between Highs And Lows💻 is easier to use than McClellan Oscillator
🔀 is more versatile than McClellan Oscillator
🔧 is more customizable than McClellan Oscillator
⭐ is rated higher overall than McClellan Oscillator
Chaikin Oscillator
Known for Accumulation/Distribution Trends💻 is easier to use than McClellan Oscillator
🔧 is more customizable than McClellan Oscillator
⭐ is rated higher overall than McClellan Oscillator
Stochastic RSI
Known for Combining Strengths Of Two Popular Indicators🔀 is more versatile than McClellan Oscillator
🔧 is more customizable than McClellan Oscillator
⭐ is rated higher overall than McClellan Oscillator
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💻 is easier to use than McClellan Oscillator
⭐ is rated higher overall than McClellan Oscillator
Elder Force Index
Known for Combining Price And Volume🔀 is more versatile than McClellan Oscillator
🔧 is more customizable than McClellan Oscillator