Compact mode
Rate Of Change (ROC) 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.Rate of Change (ROC)On-Balance Volume (OBV)Asset 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.
- CryptocurrenciesIndicators tailored for the volatile and 24/7 nature of cryptocurrency trading.
Rate of Change (ROC)- ForexThe asset classes Rate of Change (ROC) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
- CommoditiesThe asset classes Rate of Change (ROC) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Known for 💭
The unique selling point or distinguishing feature of the trading indicatorRate of Change (ROC)- Speed Of Price ChangesRate of Change (ROC) is known for Speed Of Price Changes.
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 indicatorRate of Change (ROC)On-Balance Volume (OBV)
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 communityBoth*
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorRate of Change (ROC)- One of the oldest momentum indicators still in use today
On-Balance Volume (OBV)- Developed by Joe Granville
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorRate of Change (ROC)- Jokingly called the 'market speedometer' by some traders
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.Rate of Change (ROC)On-Balance Volume (OBV)
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 signalsBoth*Rate of Change (ROC)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorRate of Change (ROC)On-Balance Volume (OBV)Purpose 📈
The primary purpose or application of the trading indicatorRate of Change (ROC)On-Balance Volume (OBV)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorRate of Change (ROC)- Simple To Understand And UseOffers straightforward analysis, making it accessible for traders of all levels Click to see all.
- Effective For Identifying Overbought/Oversold Conditions
On-Balance Volume (OBV)- Simple To Calculate
- Confirms Price Trends
Cons 👎
Disadvantages or limitations of the trading indicatorRate of Change (ROC)- Can Produce False Signals In Ranging Markets
- Sensitive To Sudden Price ChangesRefers to indicators that may produce unreliable signals during rapid market movements. 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 indicatorRate of Change (ROC)On-Balance Volume (OBV)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isRate of Change (ROC)On-Balance Volume (OBV)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesRate of Change (ROC)On-Balance Volume (OBV)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorRate of Change (ROC)- 6.5The customization score for Rate of Change (ROC) is 6.5 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 metricsRate of Change (ROC)On-Balance Volume (OBV)
Alternatives to Rate of Change (ROC)
Accumulation/Distribution Line (A/D)
Known for Volume-Based Price Trends🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Momentum Indicator
Known for Price Velocity🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Supertrend Indicator
Known for Simplifying Trend Following💯 is more reliable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Price Channel
Known for Range-Bound Trading💯 is more reliable than On-Balance Volume (OBV)
💻 is easier to use than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Elder Impulse System
Known for Combining Trend And Momentum🔧 is more customizable than On-Balance Volume (OBV)
Chaikin Oscillator
Known for Accumulation/Distribution Trends💯 is more reliable than On-Balance Volume (OBV)
🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Ultimate Oscillator
Known for Multi-Timeframe Analysis🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Money Flow Index (MFI)
Known for Volume And Price Movements💯 is more reliable than On-Balance Volume (OBV)
🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💯 is more reliable than On-Balance Volume (OBV)
🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)