Compact mode
Rate Of Change (ROC) vs Stochastic RSI vs Ultimate Oscillator
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 RSI- CommoditiesThe asset classes Stochastic RSI 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 Stochastic RSI is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. 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.
Stochastic RSI- Combining Strengths Of Two Popular IndicatorsStochastic RSI is known for Combining Strengths Of Two Popular Indicators.
Ultimate Oscillator- Multi-Timeframe AnalysisUltimate Oscillator is known for Multi-Timeframe Analysis.
Made In 🌍
The country or origin of the trading indicatorRate of Change (ROC)Stochastic RSIUltimate Oscillator
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 RSIUltimate OscillatorPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityFor all*
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 RSI- Combines two of the most popular indicators: Stochastic and RSI
Ultimate Oscillator- Created by Larry Williams in 1976
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorRate of Change (ROC)- Jokingly called the 'market speedometer' by some traders
Stochastic RSI- Sarcastically referred to as the 'indicator inception' due to its nested nature
Ultimate Oscillator- It's like a three-course meal of technical analysis
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Rate of Change (ROC)Stochastic RSIUltimate Oscillator
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Rate of Change (ROC)Stochastic RSIUltimate OscillatorSignal Generation 📊
Describes the methods by which the indicator produces trading signalsRate of Change (ROC)- CrossoversRate of Change (ROC) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- DivergencesRate of Change (ROC) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Stochastic RSI- CrossoversStochastic RSI generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- ThresholdsStochastic RSI generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met Click to see all.
Ultimate Oscillator- ThresholdsUltimate Oscillator generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met Click to see all.
- DivergencesUltimate Oscillator generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorRate of Change (ROC)Stochastic RSI- RSI PeriodStochastic RSI offers customization options for RSI Period. Allows customization of Relative Strength Index calculation period Click to see all.
- Stochastic PeriodStochastic RSI offers customization options for Stochastic Period. Adjustable period for stochastic calculations Click to see all.
Ultimate Oscillator- PeriodUltimate Oscillator offers customization options for Period. Enables customization of analysis timeframe Click to see all.
- Overbought/Oversold LevelsUltimate Oscillator offers customization options for Overbought/Oversold Levels. Allows customization of extreme market condition levels Click to see all.
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorRate of Change (ROC)Stochastic RSIUltimate OscillatorPurpose 📈
The primary purpose or application of the trading indicatorRate of Change (ROC)Stochastic RSIUltimate Oscillator- Reducing False DivergencesUltimate Oscillator is primarily used for Reducing False Divergences.
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 RSI- Highly Sensitive To Price Changes
- Effective For Short-Term Trading
Ultimate OscillatorCons 👎
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 RSI- Can Produce Frequent Signals
- Prone To Whipsaws In Volatile Markets
Ultimate Oscillator- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Requires Context For Interpretation
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorRate of Change (ROC)Stochastic RSIUltimate OscillatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isRate of Change (ROC)Stochastic RSIUltimate OscillatorVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesRate of Change (ROC)Stochastic RSIUltimate OscillatorCustomization 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 RSI- 8The customization score for Stochastic RSI is 8 out of 10.
Ultimate Oscillator- 7The customization score for Ultimate Oscillator is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsRate of Change (ROC)Stochastic RSIUltimate Oscillator
Alternatives to 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)
Elder-Ray Index
Known for Combining Trend And Momentum🔧 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)