Compact mode
Moving Average Convergence Divergence (MACD) vs Keltner Channels vs Awesome Oscillator (AO)
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 ChannelsAwesome Oscillator (AO)Asset 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)Awesome Oscillator (AO)Known 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.
Keltner Channels- Combining Moving Averages With VolatilityKeltner Channels is known for Combining Moving Averages With Volatility.
Awesome Oscillator (AO)- Simplicity And EffectivenessAwesome Oscillator (AO) is known for Simplicity And Effectiveness.
Made In 🌍
The country or origin of the trading indicatorMoving Average Convergence Divergence (MACD)Keltner ChannelsAwesome Oscillator (AO)
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)Keltner ChannelsAwesome Oscillator (AO)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 communityMoving Average Convergence Divergence (MACD)Keltner ChannelsAwesome Oscillator (AO)
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
Awesome Oscillator (AO)- Created by Bill Williams
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
Awesome Oscillator (AO)- It's like a mood ring for the market's emotional state
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*
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 signalsMoving Average Convergence Divergence (MACD)- CrossoversMoving Average Convergence Divergence (MACD) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- DivergencesMoving Average Convergence Divergence (MACD) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Keltner ChannelsAwesome Oscillator (AO)- CrossoversAwesome Oscillator (AO) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- DivergencesAwesome Oscillator (AO) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Moving Average Convergence Divergence (MACD)Keltner Channels
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMoving Average Convergence Divergence (MACD)Keltner ChannelsAwesome Oscillator (AO)Purpose 📈
The primary purpose or application of the trading indicatorMoving Average Convergence Divergence (MACD)Keltner ChannelsAwesome Oscillator (AO)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMoving Average Convergence Divergence (MACD)- Effective For Trend Identification
- Useful In Ranging Markets
Keltner Channels- Less Sensitive To Spikes Than Bollinger BandsProvides more stable signals in volatile markets compared to Bollinger Bands Click to see all.
- Good For Identifying Trends
Awesome Oscillator (AO)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.
Keltner Channels- Can Produce False Signals In Choppy MarketsIndicators that minimize false signals in erratic or indecisive market conditions Click to see all.
- Requires Proper Parameter Setting
Awesome Oscillator (AO)- Can Be Late In Signaling Trend ChangesIndicators designed to identify potential trend changes as early as possible. Click to see all.
- Requires Confirmation From Price ActionDescribes indicators that need validation from actual price movements before signals are considered reliable. Click to see all.
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoving Average Convergence Divergence (MACD)Keltner ChannelsAwesome Oscillator (AO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoving Average Convergence Divergence (MACD)Keltner ChannelsAwesome Oscillator (AO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoving Average Convergence Divergence (MACD)Keltner ChannelsAwesome Oscillator (AO)Customization 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.
Keltner Channels- 8The customization score for Keltner Channels is 8 out of 10.
Awesome Oscillator (AO)- 6.5The customization score for Awesome Oscillator (AO) is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsMoving Average Convergence Divergence (MACD)Keltner ChannelsAwesome Oscillator (AO)
Alternatives to Moving Average Convergence Divergence (MACD)
Slow Stochastic
Known for Momentum Measurement💯 is more reliable 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)
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)
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)