Compact mode
Moving Average Convergence Divergence (MACD) vs Simple Moving Average (SMA) vs Fast Stochastic
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Moving Average Convergence Divergence (MACD)Simple Moving Average (SMA)Fast StochasticAsset 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.
Moving Average Convergence Divergence (MACD)Simple Moving Average (SMA)Fast StochasticKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorMoving Average Convergence Divergence (MACD)- Trend Strength And DirectionMoving Average Convergence Divergence (MACD) is known for Trend Strength And Direction.
Simple Moving Average (SMA)- Smooth Price MovementsSimple Moving Average (SMA) is known for Smooth Price Movements.
Fast Stochastic- Rapid Momentum ShiftsFast Stochastic is known for Rapid Momentum Shifts.
Made In 🌍
The country or origin of the trading indicatorMoving Average Convergence Divergence (MACD)Simple Moving Average (SMA)Fast Stochastic
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Moving Average Convergence Divergence (MACD)Simple Moving Average (SMA)Fast StochasticComplexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorMoving Average Convergence Divergence (MACD)Simple Moving Average (SMA)Fast StochasticPopularity 🏆
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 indicatorMoving Average Convergence Divergence (MACD)- Developed by Gerald Appel
Simple Moving Average (SMA)- Oldest and most basic technical indicator
Fast Stochastic- Often used in conjunction with Slow Stochastic for confirmation
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorMoving Average Convergence Divergence (MACD)- Even your grandma knows this one but still can't use it properly
Simple Moving Average (SMA)- Even your grandma could calculate it
Fast Stochastic- Nicknamed the "hare" in contrast to Slow Stochastic's "tortoise"
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*Moving Average Convergence Divergence (MACD)Fast Stochastic
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.For all*Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Moving Average Convergence Divergence (MACD)Fast StochasticCustomization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Moving Average Convergence Divergence (MACD)Fast Stochastic
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMoving Average Convergence Divergence (MACD)Simple Moving Average (SMA)- BeginnersSimple Moving Average (SMA) is designed for Beginners. Simple and easy-to-understand tools for novice traders Click to see all.
- Long-Term InvestorsSimple Moving Average (SMA) is designed for Long-Term Investors. Emphasizes long-term trends and fundamental analysis, suited for buy-and-hold strategies Click to see all.
Fast StochasticPurpose 📈
The primary purpose or application of the trading indicatorMoving Average Convergence Divergence (MACD)Simple Moving Average (SMA)- Trend IdentificationSimple Moving Average (SMA) is primarily used for Trend Identification. Tools that help traders recognize and confirm established market trends Click to see all.
- Support And ResistanceSimple Moving Average (SMA) is primarily used for Support And Resistance. Indicators that identify key price levels where trends may pause or reverse Click to see all.
Fast Stochastic- Quick Entry/Exit SignalsFast Stochastic is primarily used for Quick Entry/Exit Signals.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMoving Average Convergence Divergence (MACD)- Effective For Trend Identification
- Useful In Ranging Markets
Simple Moving Average (SMA)- Easy To UnderstandIndicators with straightforward concepts and interpretations Click to see all.
- Widely UsedPopular indicators trusted by many traders for market analysis Click to see all.
Fast Stochastic- Provides Earlier Signals Than Slow Stochastic
- Useful For Short-Term Trading
Cons 👎
Disadvantages or limitations of the trading indicatorMoving Average Convergence Divergence (MACD)- Can Produce False Signals In Choppy MarketsIndicators that minimize false signals in erratic or indecisive market conditions Click to see all.
- Lagging IndicatorIndicators that follow price action, potentially delaying trading signals in fast-moving markets. Click to see all.
Simple Moving Average (SMA)- Lag In Fast-Moving Markets
- May Miss Sudden Price ChangesIndicates that some indicators might not capture rapid market movements effectively. Click to see all.
Fast Stochastic
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoving Average Convergence Divergence (MACD)Simple Moving Average (SMA)Fast StochasticEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoving Average Convergence Divergence (MACD)Simple Moving Average (SMA)Fast StochasticVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoving Average Convergence Divergence (MACD)Simple Moving Average (SMA)Fast StochasticCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorMoving Average Convergence Divergence (MACD)- 7The customization score for Moving Average Convergence Divergence (MACD) is 7 out of 10.
Simple Moving Average (SMA)- 6The customization score for Simple Moving Average (SMA) is 6 out of 10.
Fast Stochastic- 6.5The customization score for Fast Stochastic is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsMoving Average Convergence Divergence (MACD)Simple Moving Average (SMA)Fast Stochastic
Alternatives to Moving Average Convergence Divergence (MACD)
Slow Stochastic
Known for Momentum Measurement💯 is more reliable than Moving Average Convergence Divergence (MACD)
Directional Movement Index (DMI)
Known for Strength Of Price Movement💯 is more reliable than Moving Average Convergence Divergence (MACD)
🔧 is more customizable than Moving Average Convergence Divergence (MACD)
Exponential Moving Average (EMA)
Known for Smooth Price Movements💯 is more reliable than Moving Average Convergence Divergence (MACD)
💻 is easier to use than Moving Average Convergence Divergence (MACD)
⭐ is rated higher overall than Moving Average Convergence Divergence (MACD)
Keltner Channels
Known for Combining Moving Averages With Volatility💯 is more reliable than Moving Average Convergence Divergence (MACD)
🔧 is more customizable than Moving Average Convergence Divergence (MACD)
Hull Moving Average (HMA)
Known for Reducing Lag In Moving Averages💯 is more reliable than Moving Average Convergence Divergence (MACD)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement🔧 is more customizable than Moving Average Convergence Divergence (MACD)