Compact mode
Williams %R vs Ultimate Oscillator vs Fast Stochastic
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.
Fast StochasticKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorWilliams %R- Momentum And Potential ReversalsWilliams %R is known for Momentum And Potential Reversals.
Ultimate Oscillator- Multi-Timeframe AnalysisUltimate Oscillator is known for Multi-Timeframe Analysis.
Fast Stochastic- Rapid Momentum ShiftsFast Stochastic is known for Rapid Momentum Shifts.
Made In 🌍
The country or origin of the trading indicatorWilliams %RUltimate OscillatorFast Stochastic
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 indicatorWilliams %RUltimate OscillatorFast StochasticPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityWilliams %RUltimate OscillatorFast Stochastic
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorWilliams %R- Developed by Larry Williams
Ultimate Oscillator- Created by Larry Williams in 1976
Fast Stochastic- Often used in conjunction with Slow Stochastic for confirmation
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorWilliams %R- It's like a rollercoaster - the higher it goes the scarier the drop
Ultimate Oscillator- It's like a three-course meal of technical analysis
Fast Stochastic- Nicknamed the "hare" in contrast to Slow Stochastic's "tortoise"
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Williams %R- 15-MinuteWilliams %R is most effective for 15-Minute timeframes. Indicators suited for analyzing market data on a 15-minute timeframe Click to see all.
- 1-HourWilliams %R is most effective for 1-Hour timeframes. Indicators optimized for analyzing market data on a 1-hour timeframe Click to see all.
- 4-HourWilliams %R is most effective for 4-Hour timeframes. Indicators designed for analyzing market data on a 4-hour timeframe Click to see all.
Ultimate OscillatorFast Stochastic- DailyFast Stochastic is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
- HourlyFast Stochastic is most effective for Hourly timeframes. Indicators tailored for hourly chart analysis, ideal for day traders and short-term strategies. Click to see all.
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Williams %RUltimate OscillatorFast StochasticSignal Generation 📊
Describes the methods by which the indicator produces trading signalsWilliams %RUltimate 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.
Fast Stochastic- CrossoversFast Stochastic generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- DivergencesFast Stochastic 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 indicatorFor all*Ultimate OscillatorFast Stochastic
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorWilliams %RUltimate OscillatorFast StochasticPurpose 📈
The primary purpose or application of the trading indicatorWilliams %RUltimate Oscillator- Reducing False DivergencesUltimate Oscillator is primarily used for Reducing False Divergences.
Fast Stochastic- Quick Entry/Exit SignalsFast Stochastic is primarily used for Quick Entry/Exit Signals.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorWilliams %R- Similar To Stochastic
- Effective For Identifying Reversals
Ultimate Oscillator- Combines Short Medium And Long-Term IndicatorsIndicators analyzing short, medium, and long-term market trends simultaneously Click to see all.
- Reduces WhipsawsMinimizes false signals in volatile markets, improving trade accuracy Click to see all.
Fast Stochastic- Provides Earlier Signals Than Slow Stochastic
- Useful For Short-Term Trading
Cons 👎
Disadvantages or limitations of the trading indicatorWilliams %RUltimate Oscillator- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Requires Context For Interpretation
Fast Stochastic
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorWilliams %RUltimate OscillatorFast StochasticEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isWilliams %RUltimate OscillatorFast StochasticVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesWilliams %RUltimate OscillatorFast StochasticCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorWilliams %R- 6.5The customization score for Williams %R is 6.5 out of 10.
Ultimate Oscillator- 7The customization score for Ultimate Oscillator is 7 out of 10.
Fast Stochastic- 6.5The customization score for Fast Stochastic is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsWilliams %RUltimate OscillatorFast Stochastic
Alternatives to Williams %R
Stochastic Oscillator
Known for Momentum And Trend Reversal🔧 is more customizable than Williams %R
⭐ is rated higher overall than Williams %R
Relative Strength Index (RSI)
Known for Momentum Measurement💯 is more reliable than Williams %R
💻 is easier to use than Williams %R
🔀 is more versatile than Williams %R
⭐ is rated higher overall than Williams %R
Elder-Ray Index
Known for Combining Trend And Momentum🔀 is more versatile than Williams %R
🔧 is more customizable than Williams %R
⭐ is rated higher overall than Williams %R
Momentum Indicator
Known for Price Velocity🔀 is more versatile than Williams %R
Rate Of Change (ROC)
Known for Speed Of Price Changes💻 is easier to use than Williams %R
🔀 is more versatile than Williams %R
⭐ is rated higher overall than Williams %R
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness⭐ is rated higher overall than Williams %R
Chaikin Money Flow (CMF)
Known for Identifying Accumulation/Distribution💯 is more reliable than Williams %R
⭐ is rated higher overall than Williams %R
Commodity Channel Index (CCI)
Known for Identifying Cyclical Trends🔀 is more versatile than Williams %R
🔧 is more customizable than Williams %R