Compact mode
Moving Average Convergence Divergence (MACD) vs Stochastic Oscillator vs Relative Vigor Index (RVI)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.For all*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)Stochastic OscillatorKnown 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.
Stochastic Oscillator- Momentum And Trend ReversalStochastic Oscillator is known for Momentum And Trend Reversal.
Relative Vigor Index (RVI)- Trend ConfirmationRelative Vigor Index (RVI) is known for Trend Confirmation.
Made In 🌍
The country or origin of the trading indicatorMoving Average Convergence Divergence (MACD)Stochastic OscillatorRelative Vigor Index (RVI)
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)Stochastic OscillatorRelative Vigor Index (RVI)Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorMoving Average Convergence Divergence (MACD)Stochastic OscillatorRelative Vigor Index (RVI)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityMoving Average Convergence Divergence (MACD)Stochastic OscillatorRelative Vigor Index (RVI)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorMoving Average Convergence Divergence (MACD)- Developed by Gerald Appel
Stochastic Oscillator- Developed by George Lane
Relative Vigor Index (RVI)- Developed by John Ehlers
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
Stochastic Oscillator- It's as unpredictable as a teenager's mood swings
Relative Vigor Index (RVI)- It's like measuring the market's caffeine intake
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Moving Average Convergence Divergence (MACD)- DailyMoving Average Convergence Divergence (MACD) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
- WeeklyMoving Average Convergence Divergence (MACD) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends. Click to see all.
Stochastic Oscillator- 5-MinuteStochastic Oscillator is most effective for 5-Minute timeframes. Indicators optimized for analyzing rapid market movements on a 5-minute timeframe Click to see all.
- 15-MinuteStochastic Oscillator is most effective for 15-Minute timeframes. Indicators suited for analyzing market data on a 15-minute timeframe Click to see all.
- 1-HourStochastic Oscillator is most effective for 1-Hour timeframes. Indicators optimized for analyzing market data on a 1-hour timeframe Click to see all.
Relative Vigor Index (RVI)- DailyRelative Vigor Index (RVI) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
- WeeklyRelative Vigor Index (RVI) 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.Moving Average Convergence Divergence (MACD)Stochastic OscillatorRelative Vigor Index (RVI)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Moving Average Convergence Divergence (MACD)Stochastic OscillatorRelative Vigor Index (RVI)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Moving Average Convergence Divergence (MACD)Stochastic OscillatorRelative Vigor Index (RVI)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMoving Average Convergence Divergence (MACD)Stochastic OscillatorRelative Vigor Index (RVI)Purpose 📈
The primary purpose or application of the trading indicatorMoving Average Convergence Divergence (MACD)Stochastic OscillatorRelative Vigor Index (RVI)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMoving Average Convergence Divergence (MACD)- Effective For Trend Identification
- Useful In Ranging Markets
Stochastic Oscillator- Effective For Ranging MarketsIndicators specialized in analyzing non-trending, range-bound markets Click to see all.
- Easy To UnderstandIndicators with straightforward concepts and interpretations Click to see all.
Relative Vigor Index (RVI)- Compares Closing Prices To Trading Ranges
- Less Known And UniqueOffers alternative perspectives on market dynamics, potentially providing an edge Click to see all.
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.
Stochastic Oscillator- Can Give False Signals In Strong Trends
Relative Vigor Index (RVI)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoving Average Convergence Divergence (MACD)Stochastic OscillatorRelative Vigor Index (RVI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoving Average Convergence Divergence (MACD)Stochastic OscillatorRelative Vigor Index (RVI)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoving Average Convergence Divergence (MACD)Stochastic OscillatorRelative Vigor Index (RVI)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorFor all*Score ⭐
The overall score of the trading indicator based on various performance metricsMoving Average Convergence Divergence (MACD)Stochastic OscillatorRelative Vigor Index (RVI)
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)
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)