Compact mode

Volume Weighted Average Price (VWAP) vs Chaikin Money Flow (CMF) vs Keltner Channels

Table of content

General Information Comparison
Characteristics Comparison
Facts Comparison

Application Comparison
Technical Details Comparison
Usage Comparison
Evaluation Comparison
Performance Metrics Comparison

General Information Comparison

Indicator Type 📊

The category or classification of the trading indicator based on its primary function and analysis method.

Volume Weighted Average Price (VWAP)

Volume

Volume Weighted Average Price (VWAP) is a Volume type indicator. Indicators that analyze trading volume to confirm price movements Click to see all.

Chaikin Money Flow (CMF)

Volume

Chaikin Money Flow (CMF) is a Volume type indicator. Indicators that analyze trading volume to confirm price movements Click to see all.

Keltner Channels

Volatility

Keltner Channels is a Volatility type indicator. Indicators that measure market volatility and price fluctuations Click to see all.
Asset Class 💰

Specifies the financial instruments for which the indicator is most commonly used

For all*

Stocks

Indicators optimized for analyzing and predicting stock price movements in equity markets.

Volume Weighted Average Price (VWAP)

Futures

The asset classes Volume Weighted Average Price (VWAP) is typically used for are Futures. Indicators designed for trading futures contracts across various asset classes. Click to see all.

Keltner Channels

Forex

The asset classes Keltner Channels is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
Known for 💭

The unique selling point or distinguishing feature of the trading indicator

Volume Weighted Average Price (VWAP)

Incorporating Volume Into Price Analysis

Volume Weighted Average Price (VWAP) is known for Incorporating Volume Into Price Analysis.

Chaikin Money Flow (CMF)

Identifying Accumulation/Distribution

Chaikin Money Flow (CMF) is known for Identifying Accumulation/Distribution.

Keltner Channels

Combining Moving Averages With Volatility

Keltner Channels is known for Combining Moving Averages With Volatility.
Made In 🌍

The country or origin of the trading indicator

For all*

United States

Indicators developed in the USA, reflecting American trading principles

Characteristics Comparison

Lagging or Leading 🏁

Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.

Volume Weighted Average Price (VWAP)

Lagging

Volume Weighted Average Price (VWAP) is a Lagging indicator. Indicators that confirm trends after they have started Click to see all.

Chaikin Money Flow (CMF)

Leading

Chaikin Money Flow (CMF) is a Leading indicator. Indicators that predict future price movements Click to see all.

Keltner Channels

Lagging

Keltner Channels is a Lagging indicator. Indicators that confirm trends after they have started Click to see all.
Complexity Level 🧑

Indicates the level of expertise required to effectively use the indicator

For all*

Intermediate

Indicators balancing complexity and usability for traders with some experience.
Popularity 🏆

Indicates how widely used and recognized the indicator is in the trading community

Volume Weighted Average Price (VWAP)

High

The popularity of Volume Weighted Average Price (VWAP) among traders is considered High. Widely used and trusted indicators in the trading community Click to see all.

Chaikin Money Flow (CMF)

Medium

The popularity of Chaikin Money Flow (CMF) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness Click to see all.

Keltner Channels

Medium

The popularity of Keltner Channels among traders is considered Medium. Indicators with balanced adoption and potential effectiveness Click to see all.

Facts Comparison

Interesting Fact 💡

An intriguing or lesser-known fact about the trading indicator

Volume Weighted Average Price (VWAP)

Often used by high-frequency traders

Chaikin Money Flow (CMF)

Developed by Marc Chaikin

Keltner Channels

Named after Chester Keltner
Sarcastic Fact 😉

A humorous or ironic observation about the trading indicator

Volume Weighted Average Price (VWAP)

VWAP is like a popularity contest for stock prices

Chaikin Money Flow (CMF)

It's like a lie detector test for market sentiment

Keltner Channels

It's like a bodyguard for price trends keeping them in check

Application Comparison

Timeframe 🕑

The time intervals or periods for which the trading indicator is most effective or commonly used.

Volume Weighted Average Price (VWAP)

Intraday

Volume Weighted Average Price (VWAP) is most effective for Intraday timeframes. Indicators designed for short-term, within-day trading analysis and quick decision-making. Click to see all.

Chaikin Money Flow (CMF)

Daily

Chaikin Money Flow (CMF) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.

Keltner Channels

Daily

Keltner Channels is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.

Weekly

Keltner Channels 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.

Volume Weighted Average Price (VWAP)

Price-Based

Volume Weighted Average Price (VWAP) uses the Price-Based calculation method. Indicators focusing on price movements and patterns for market analysis. Click to see all.

Chaikin Money Flow (CMF)

Oscillators

Chaikin Money Flow (CMF) uses the Oscillators calculation method. Indicators that oscillate between fixed values to show overbought or oversold conditions. Click to see all.

Keltner Channels

Moving Averages

Keltner Channels uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.
Signal Generation 📊

Describes the methods by which the indicator produces trading signals

Volume Weighted Average Price (VWAP)

Thresholds

Volume Weighted Average Price (VWAP) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met Click to see all.

Chaikin Money Flow (CMF)

Thresholds

Chaikin Money Flow (CMF) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met Click to see all.

Keltner Channels

Breakouts

Keltner Channels generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends Click to see all.
Customization Options 🔧

Lists the parameters that can be adjusted to fine-tune the indicator

For all*

Period

Enables customization of analysis timeframe

Keltner Channels

Multiplier

Keltner Channels offers customization options for Multiplier. Allows customization of indicator's sensitivity or magnitude Click to see all.

Usage Comparison

For whom 👥

The target audience or user group for the trading indicator

Volume Weighted Average Price (VWAP)

Institutional Traders

Volume Weighted Average Price (VWAP) is designed for Institutional Traders. Tailored for large-scale trading decisions and portfolio management Click to see all.

Chaikin Money Flow (CMF)

Technical Analysts

Chaikin Money Flow (CMF) is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.

Keltner Channels

Technical Traders

Keltner Channels is designed for Technical Traders. Offers advanced technical analysis tools, ideal for chart-based trading strategies Click to see all.
Purpose 📈

The primary purpose or application of the trading indicator

Volume Weighted Average Price (VWAP)

Price Comparison

Volume Weighted Average Price (VWAP) is primarily used for Price Comparison. Indicators that contrast current prices with historical levels Click to see all.

Chaikin Money Flow (CMF)

Volume-Price Relationship

Chaikin Money Flow (CMF) is primarily used for Volume-Price Relationship. Tools that examine the correlation between trading volume and price movements Click to see all.

Keltner Channels

Trend And Volatility Analysis

Keltner Channels is primarily used for Trend And Volatility Analysis. Indicators that assess price direction and market fluctuations Click to see all.

Evaluation Comparison

Pros 👍

Advantages of using the trading indicator

Volume Weighted Average Price (VWAP)

Helps Identify Fair Value

Useful For Algorithmic Trading

Chaikin Money Flow (CMF)

Combines Price And Volume

Good For Confirming Trends

Keltner Channels

Less Sensitive To Spikes Than Bollinger Bands

Provides more stable signals in volatile markets compared to Bollinger Bands Click to see all.

Good For Identifying Trends
Cons 👎

Disadvantages or limitations of the trading indicator

Volume Weighted Average Price (VWAP)

Limited To Intraday Use

Requires Live Data Feed

Chaikin Money Flow (CMF)

Can Produce False Signals In Ranging Markets

Requires Additional Confirmation

Keltner Channels

Can Produce False Signals In Choppy Markets

Indicators that minimize false signals in erratic or indecisive market conditions Click to see all.

Requires Proper Parameter Setting