Compact mode
Moving Average Convergence Divergence (MACD) vs Rate Of Change (ROC) vs Hull Moving Average (HMA)
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)Rate of Change (ROC)Hull Moving Average (HMA)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.
- CryptocurrenciesIndicators tailored for the volatile and 24/7 nature of cryptocurrency trading.
Rate of Change (ROC)Hull Moving Average (HMA)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.
Rate of Change (ROC)- Speed Of Price ChangesRate of Change (ROC) is known for Speed Of Price Changes.
Hull Moving Average (HMA)- Reducing Lag In Moving AveragesHull Moving Average (HMA) is known for Reducing Lag In Moving Averages.
Made In 🌍
The country or origin of the trading indicatorMoving Average Convergence Divergence (MACD)Rate of Change (ROC)Hull Moving Average (HMA)
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)Rate of Change (ROC)Hull Moving Average (HMA)Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorMoving Average Convergence Divergence (MACD)Rate of Change (ROC)Hull Moving Average (HMA)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityMoving Average Convergence Divergence (MACD)Rate of Change (ROC)Hull Moving Average (HMA)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorMoving Average Convergence Divergence (MACD)- Developed by Gerald Appel
Rate of Change (ROC)- One of the oldest momentum indicators still in use today
Hull Moving Average (HMA)- Developed by Alan Hull to address the lag in traditional moving averages
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
Rate of Change (ROC)- Jokingly called the 'market speedometer' by some traders
Hull Moving Average (HMA)- Humorously called the 'moving average on steroids' by some traders
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.
Rate of Change (ROC)Hull Moving Average (HMA)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Moving Average Convergence Divergence (MACD)Rate of Change (ROC)Hull Moving Average (HMA)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Moving Average Convergence Divergence (MACD)Rate of Change (ROC)Hull Moving Average (HMA)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Moving Average Convergence Divergence (MACD)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMoving Average Convergence Divergence (MACD)Rate of Change (ROC)Hull Moving Average (HMA)Purpose 📈
The primary purpose or application of the trading indicatorMoving Average Convergence Divergence (MACD)Rate of Change (ROC)Hull Moving Average (HMA)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMoving Average Convergence Divergence (MACD)- Effective For Trend Identification
- Useful In Ranging Markets
Rate 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
Hull Moving Average (HMA)- Responds Quickly To Price Changes
- Reduces Lag SignificantlyProvides more timely signals, improving trade timing and potentially increasing profits 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.
Rate 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.
Hull Moving Average (HMA)- Can Be Overly Sensitive In Volatile Markets
- Less Commonly Available In Trading PlatformsIndicators not widely available in trading platforms, potentially limiting their use for some traders. Click to see all.
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoving Average Convergence Divergence (MACD)Rate of Change (ROC)Hull Moving Average (HMA)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoving Average Convergence Divergence (MACD)Rate of Change (ROC)Hull Moving Average (HMA)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoving Average Convergence Divergence (MACD)Rate of Change (ROC)Hull Moving Average (HMA)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.
Rate of Change (ROC)- 6.5The customization score for Rate of Change (ROC) is 6.5 out of 10.
Hull Moving Average (HMA)- 7The customization score for Hull Moving Average (HMA) is 7 out of 10.
Alternatives to Moving Average Convergence Divergence (MACD)
Relative Strength Index (RSI)
Known for Momentum Measurement💯 is more reliable than Rate of Change (ROC)
Elder-Ray Index
Known for Combining Trend And Momentum🔧 is more customizable than Rate of Change (ROC)
Stochastic RSI
Known for Combining Strengths Of Two Popular Indicators💯 is more reliable than Rate of Change (ROC)
🔀 is more versatile than Rate of Change (ROC)
🔧 is more customizable than Rate of Change (ROC)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise🔧 is more customizable than Rate of Change (ROC)
Pivot Points
Known for Identifying Potential Reversal Points🔀 is more versatile than Rate of Change (ROC)
⭐ is rated higher overall than Rate of Change (ROC)