Compact mode
Moving Average Convergence Divergence (MACD) vs Supertrend Indicator vs On-Balance Volume (OBV)
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)Supertrend IndicatorOn-Balance Volume (OBV)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.
- CryptocurrenciesIndicators tailored for the volatile and 24/7 nature of cryptocurrency trading.
Moving Average Convergence Divergence (MACD)Supertrend IndicatorKnown 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.
Supertrend Indicator- Simplifying Trend FollowingSupertrend Indicator is known for Simplifying Trend Following.
On-Balance Volume (OBV)- Volume Precedes Price MovementOn-Balance Volume (OBV) is known for Volume Precedes Price Movement.
Made In 🌍
The country or origin of the trading indicatorMoving Average Convergence Divergence (MACD)Supertrend IndicatorOn-Balance Volume (OBV)
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)Supertrend IndicatorOn-Balance Volume (OBV)Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorMoving Average Convergence Divergence (MACD)Supertrend IndicatorOn-Balance Volume (OBV)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityMoving Average Convergence Divergence (MACD)Supertrend IndicatorOn-Balance Volume (OBV)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorMoving Average Convergence Divergence (MACD)- Developed by Gerald Appel
Supertrend Indicator- Popular among algorithmic traders for its simplicity
On-Balance Volume (OBV)- Developed by Joe Granville
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
Supertrend Indicator- So super it might need a cape and tights
On-Balance Volume (OBV)- It's the gossip column of indicators - always trying to predict the next big move
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)Supertrend Indicator
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Moving Average Convergence Divergence (MACD)Supertrend IndicatorOn-Balance Volume (OBV)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.
Supertrend IndicatorOn-Balance Volume (OBV)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Moving Average Convergence Divergence (MACD)Supertrend Indicator
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMoving Average Convergence Divergence (MACD)Supertrend Indicator- Trend FollowersSupertrend Indicator is designed for Trend Followers. Identifies and confirms long-term market trends, suitable for trend-following strategies Click to see all.
- Day TradersSupertrend Indicator is designed for Day Traders. Tools optimized for short-term intraday trading decisions Click to see all.
On-Balance Volume (OBV)Purpose 📈
The primary purpose or application of the trading indicatorMoving Average Convergence Divergence (MACD)Supertrend Indicator- Trend DirectionSupertrend Indicator is primarily used for Trend Direction. Indicators that help determine the overall direction of price movement in a market Click to see all.
- Stop Loss PlacementSupertrend Indicator is primarily used for Stop Loss Placement. Indicators that help determine optimal stop loss levels Click to see all.
On-Balance Volume (OBV)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMoving Average Convergence Divergence (MACD)- Effective For Trend Identification
- Useful In Ranging Markets
Supertrend Indicator- Easy To Interpret Buy/Sell Signals
- Adapts To Market VolatilityIndicators that adjust to changing market conditions and volatility levels Click to see all.
On-Balance Volume (OBV)- Simple To Calculate
- Confirms Price Trends
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.
Supertrend Indicator- Can Give False Signals In Choppy Markets
- Lag In Trend ReversalsIndicators that may be slow to signal trend reversals, potentially delaying important trading decisions. Click to see all.
On-Balance Volume (OBV)- Can Be Affected By Large Block Trades
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoving Average Convergence Divergence (MACD)Supertrend IndicatorOn-Balance Volume (OBV)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoving Average Convergence Divergence (MACD)Supertrend IndicatorOn-Balance Volume (OBV)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoving Average Convergence Divergence (MACD)Supertrend IndicatorOn-Balance Volume (OBV)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.
Supertrend Indicator- 5.5The customization score for Supertrend Indicator is 5.5 out of 10.
On-Balance Volume (OBV)- 5.5The customization score for On-Balance Volume (OBV) is 5.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsMoving Average Convergence Divergence (MACD)Supertrend IndicatorOn-Balance Volume (OBV)
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)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement🔧 is more customizable than Moving Average Convergence Divergence (MACD)