Compact mode
Hull Moving Average (HMA) vs Volume Profile
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Hull Moving Average (HMA)Volume ProfileAsset 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.
Hull Moving Average (HMA)- ForexIndicators optimized for currency pair trading in the foreign exchange market. Click to see all.
- CommoditiesTrading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Volume ProfileKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorHull Moving Average (HMA)- Reducing Lag In Moving Averages
Volume Profile- Visualizing Trading Activity At Price Levels
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Both*Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorHull Moving Average (HMA)Volume ProfilePopularity 🏆
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 indicatorHull Moving Average (HMA)- Developed by Alan Hull to address the lag in traditional moving averages
Volume Profile- Originated from Market Profile analysis
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorHull Moving Average (HMA)- Humorously called the 'moving average on steroids' by some traders
Volume Profile- It's like a popularity contest for prices - but even the popular ones can let you down!
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Hull Moving Average (HMA)Volume Profile
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Hull Moving Average (HMA)Volume ProfileSignal Generation 📊
Describes the methods by which the indicator produces trading signalsHull Moving Average (HMA)- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- BreakoutsIndicators that identify when price breaks key levels, signaling potential trends Click to see all.
Volume ProfileCustomization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorHull Moving Average (HMA)Volume Profile
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorHull Moving Average (HMA)Volume ProfilePurpose 📈
The primary purpose or application of the trading indicatorHull Moving Average (HMA)Volume Profile
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorHull 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.
Volume Profile- Shows Where Most Trading OccursReveals price zones with significant trading activity, useful for support/resistance analysis Click to see all.
- Identifies Key Price Levels
- Useful For Multiple Timeframes
Cons 👎
Disadvantages or limitations of the trading indicatorHull 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.
Volume Profile- Can Be Cluttered On Charts
- Requires Understanding Of Market MicrostructureDescribes indicators that need knowledge of detailed market mechanics for effective use. Click to see all.
- Time-Consuming To Analyze
Performance Metrics Comparison
Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isHull Moving Average (HMA)Volume ProfileVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesHull Moving Average (HMA)Volume ProfileCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorHull Moving Average (HMA)- 7
Volume Profile- 7.5
Score ⭐
The overall score of the trading indicator based on various performance metricsHull Moving Average (HMA)Volume Profile
Alternatives to Hull Moving Average (HMA)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement💻 is easier to use than Volume Profile
Ichimoku Cloud
Known for All-In-One Indicator🔀 is more versatile than Volume Profile
Stochastic RSI
Known for Combining Strengths Of Two Popular Indicators💻 is easier to use than Volume Profile
🔧 is more customizable than Volume Profile
⭐ is rated higher overall than Volume Profile
Chaikin Oscillator
Known for Accumulation/Distribution Trends💻 is easier to use than Volume Profile
Kaufman's Adaptive Moving Average (KAMA)
Known for Self-Adjusting Moving Average💻 is easier to use than Volume Profile
🔧 is more customizable than Volume Profile
⭐ is rated higher overall than Volume Profile
Klinger Oscillator
Known for Trend Reversals And Continuations🔧 is more customizable than Volume Profile