Compact mode
Rate Of Change (ROC) vs Stochastic Oscillator vs Triple Exponential Average (TRIX)
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.
Rate of Change (ROC)- 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.
- CryptocurrenciesThe asset classes Rate of Change (ROC) is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. Click to see all.
Stochastic OscillatorKnown 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.
Stochastic Oscillator- Momentum And Trend ReversalStochastic Oscillator is known for Momentum And Trend Reversal.
Triple Exponential Average (TRIX)- Filtering Out Market NoiseTriple Exponential Average (TRIX) is known for Filtering Out Market Noise.
Made In 🌍
The country or origin of the trading indicatorRate of Change (ROC)Stochastic OscillatorTriple Exponential Average (TRIX)
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.For all*Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorRate of Change (ROC)Stochastic OscillatorTriple Exponential Average (TRIX)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityRate of Change (ROC)Stochastic OscillatorTriple Exponential Average (TRIX)
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
Stochastic Oscillator- Developed by George Lane
Triple Exponential Average (TRIX)- Combines triple smoothing with momentum
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorRate of Change (ROC)- Jokingly called the 'market speedometer' by some traders
Stochastic Oscillator- It's as unpredictable as a teenager's mood swings
Triple Exponential Average (TRIX)- It's like a smoothie blender for price data
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Rate of Change (ROC)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.
Triple Exponential Average (TRIX)- DailyTriple Exponential Average (TRIX) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
- WeeklyTriple Exponential Average (TRIX) 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.Rate of Change (ROC)Stochastic OscillatorTriple Exponential Average (TRIX)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Rate of Change (ROC)Stochastic OscillatorTriple Exponential Average (TRIX)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Stochastic OscillatorTriple Exponential Average (TRIX)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorRate of Change (ROC)Stochastic OscillatorTriple Exponential Average (TRIX)Purpose 📈
The primary purpose or application of the trading indicatorRate of Change (ROC)Stochastic OscillatorTriple Exponential Average (TRIX)
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
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.
Triple Exponential Average (TRIX)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.
Stochastic Oscillator- Can Give False Signals In Strong Trends
Triple Exponential Average (TRIX)
Performance Metrics Comparison
Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isRate of Change (ROC)Stochastic OscillatorTriple Exponential Average (TRIX)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesRate of Change (ROC)Stochastic OscillatorTriple Exponential Average (TRIX)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.
Stochastic Oscillator- 7The customization score for Stochastic Oscillator is 7 out of 10.
Triple Exponential Average (TRIX)- 7The customization score for Triple Exponential Average (TRIX) is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsRate of Change (ROC)Stochastic OscillatorTriple Exponential Average (TRIX)
Alternatives to Rate of Change (ROC)
Elder-Ray Index
Known for Combining Trend And Momentum🔧 is more customizable than Rate of Change (ROC)
Relative Strength Index (RSI)
Known for Momentum Measurement💯 is more reliable than Rate of Change (ROC)
Hull Moving Average (HMA)
Known for Reducing Lag In Moving Averages💯 is more reliable than Rate of Change (ROC)
🔧 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)
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)