Compact mode
Moving Average Convergence Divergence (MACD) vs Keltner Channels
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)Keltner ChannelsAsset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedBoth*- 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)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorMoving Average Convergence Divergence (MACD)- Trend Strength And Direction
Keltner Channels- Combining Moving Averages With Volatility
Made In 🌍
The country or origin of the trading indicatorMoving Average Convergence Divergence (MACD)Keltner Channels
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 communityMoving Average Convergence Divergence (MACD)Keltner Channels
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorMoving Average Convergence Divergence (MACD)- Developed by Gerald Appel
Keltner Channels- Named after Chester Keltner
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
Keltner Channels- It's like a bodyguard for price trends keeping them in check
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Both*
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 signalsMoving Average Convergence Divergence (MACD)- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- DivergencesIndicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Keltner Channels
Usage Comparison
Purpose 📈
The primary purpose or application of the trading indicatorMoving Average Convergence Divergence (MACD)Keltner Channels
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMoving Average Convergence Divergence (MACD)- Effective For Trend Identification
- Useful In Ranging Markets
Keltner ChannelsCons 👎
Disadvantages or limitations of the trading indicatorBoth*Moving Average Convergence Divergence (MACD)Keltner Channels- Requires Proper Parameter Setting
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoving Average Convergence Divergence (MACD)Keltner ChannelsEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoving Average Convergence Divergence (MACD)Keltner ChannelsVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoving Average Convergence Divergence (MACD)Keltner ChannelsCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorMoving Average Convergence Divergence (MACD)- 7
Keltner Channels- 8
Score ⭐
The overall score of the trading indicator based on various performance metricsMoving Average Convergence Divergence (MACD)Keltner Channels
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)
Hull Moving Average (HMA)
Known for Reducing Lag In Moving Averages💯 is more reliable than Moving Average Convergence Divergence (MACD)
Simple Moving Average (SMA)
Known for Smooth Price Movements💯 is more reliable than Moving Average Convergence Divergence (MACD)
💻 is easier to use than Moving Average Convergence Divergence (MACD)