Compact mode
Hull Moving Average (HMA) vs Zigzag Indicator vs Parabolic SAR
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*- ForexIndicators optimized for currency pair trading in the foreign exchange market.
- CommoditiesTrading indicators optimized for commodity markets like oil, gold, and agricultural products.
Hull Moving Average (HMA)- StocksThe asset classes Hull Moving Average (HMA) is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.
- CryptocurrenciesThe asset classes Hull Moving Average (HMA) is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. Click to see all.
Zigzag IndicatorKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorHull Moving Average (HMA)- Reducing Lag In Moving AveragesHull Moving Average (HMA) is known for Reducing Lag In Moving Averages.
Zigzag Indicator- Filtering Market NoiseZigzag Indicator is known for Filtering Market Noise.
Parabolic SAR- Trend Reversal And Exit PointsParabolic SAR is known for Trend Reversal And Exit Points.
Made In 🌍
The country or origin of the trading indicatorHull Moving Average (HMA)Zigzag IndicatorParabolic SAR
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Hull Moving Average (HMA)Zigzag IndicatorParabolic SARComplexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorFor all*Popularity 🏆
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 indicatorHull Moving Average (HMA)- Developed by Alan Hull to address the lag in traditional moving averages
Zigzag Indicator- Often used in conjunction with Fibonacci retracements
Parabolic SAR- SAR stands for "Stop And Reverse"
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorHull Moving Average (HMA)- Humorously called the 'moving average on steroids' by some traders
Zigzag Indicator- Sarcastically called the 'hindsight is 20/20' indicator
Parabolic SAR- It's like a clingy ex - always trying to catch up with the price
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Hull Moving Average (HMA)Zigzag IndicatorParabolic SAR- 1-HourParabolic SAR is most effective for 1-Hour timeframes. Indicators optimized for analyzing market data on a 1-hour timeframe Click to see all.
- 4-HourParabolic SAR is most effective for 4-Hour timeframes. Indicators designed for analyzing market data on a 4-hour timeframe Click to see all.
- DailyParabolic SAR is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Hull Moving Average (HMA)Zigzag IndicatorParabolic SARSignal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Hull Moving Average (HMA)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorHull Moving Average (HMA)Zigzag Indicator- Percentage ChangeZigzag Indicator offers customization options for Percentage Change. Allows customization of price movement percentage thresholds Click to see all.
- DepthZigzag Indicator offers customization options for Depth. Enables fine-tuning of indicator sensitivity to market movements Click to see all.
Parabolic SAR
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorHull Moving Average (HMA)Zigzag IndicatorParabolic SARPurpose 📈
The primary purpose or application of the trading indicatorHull Moving Average (HMA)Zigzag IndicatorParabolic SAR
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.
Zigzag Indicator- Helps Identify Significant Price Movements
- Useful For Elliot Wave AnalysisIndicators that complement Elliot Wave theory for advanced technical analysis Click to see all.
Parabolic SARCons 👎
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.
Zigzag Indicator- Can Be Redrawn As New Price Data Comes InIndicators that maintain consistent historical data, providing reliable backtesting and analysis Click to see all.
- Prone To Lag In Fast-Moving Markets
Parabolic SAR- Prone To Whipsaws In Ranging Markets
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorHull Moving Average (HMA)Zigzag IndicatorParabolic SAREase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isHull Moving Average (HMA)Zigzag IndicatorParabolic SARVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesHull Moving Average (HMA)Zigzag IndicatorParabolic SARCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorHull Moving Average (HMA)- 7The customization score for Hull Moving Average (HMA) is 7 out of 10.
Zigzag Indicator- 8The customization score for Zigzag Indicator is 8 out of 10.
Parabolic SAR- 6The customization score for Parabolic SAR is 6 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsHull Moving Average (HMA)Zigzag IndicatorParabolic SAR
Alternatives to Hull Moving Average (HMA)
Heikin Ashi Candlesticks
Known for Smoothing Price Action💯 is more reliable than Zigzag Indicator
💻 is easier to use than Zigzag Indicator
🔀 is more versatile than Zigzag Indicator
⭐ is rated higher overall than Zigzag Indicator
Fibonacci Retracement
Known for Golden Ratio In Trading🔀 is more versatile than Zigzag Indicator
Linear Regression Indicator
Known for Predicting Price Trends💯 is more reliable than Zigzag Indicator
Stochastic RSI
Known for Combining Strengths Of Two Popular Indicators💯 is more reliable than Zigzag Indicator
🔀 is more versatile than Zigzag Indicator
⭐ is rated higher overall than Zigzag Indicator
Keltner Channels
Known for Combining Moving Averages With Volatility💯 is more reliable than Zigzag Indicator
💻 is easier to use than Zigzag Indicator
⭐ is rated higher overall than Zigzag Indicator
Average Directional Index (ADX)
Known for Trend Strength Without Direction💯 is more reliable than Zigzag Indicator
💻 is easier to use than Zigzag Indicator
⭐ is rated higher overall than Zigzag Indicator
Bollinger Bands
Known for Volatility And Trend Strength💯 is more reliable than Zigzag Indicator
💻 is easier to use than Zigzag Indicator
🔀 is more versatile than Zigzag Indicator
⭐ is rated higher overall than Zigzag Indicator
Vortex Indicator (VI)
Known for Trend Reversal Detection💻 is easier to use than Zigzag Indicator
Rate Of Change (ROC)
Known for Speed Of Price Changes💯 is more reliable than Zigzag Indicator
💻 is easier to use than Zigzag Indicator
🔀 is more versatile than Zigzag Indicator
⭐ is rated higher overall than Zigzag Indicator
Guppy Multiple Moving Average
Known for Visualizing Short-Term And Long-Term Trends💯 is more reliable than Zigzag Indicator
🔀 is more versatile than Zigzag Indicator