Trading Indicators Comparison

This is an overview of trading indicators. Those indicators are used as a basis for decision making in trading of share or foreign currency.

Calc on CloseCalc on HighCalc on LowCalc on OpenCalc on VolumeIndicator ClassIndicator TypeIndicator based onZ Benefits
Accumulation Swing Index (ASI)yes ⟴yes ⟴yes ⟴yes ⟴
Accumulation/Distribution (ADL)yes ⟴yes ⟴yesnoyes ⟴Trend ⟴
Arms Index or Trading Index (TRIN)yes ⟴identify overbought or oversold ⟴
Aroon Indicatoryes ⟴no ⟴nono ⟴noLaggingMomentum ⟴time passed between the highest/lowest ⟴
Average Directional Index (ADX)yesyesyesyes ⟴no ⟴LaggingTrend ⟴Strength or weakness of a trend ⟴
Average True Range (ATR)yes ⟴yes ⟴yes ⟴nonoVolatility
Bollinger Bandsyes ⟴Lagging ⟴Volatility ⟴SMA ⟴
Chaikin Money Flow (CMF)yesyesyes ⟴noyes ⟴Volume ⟴
Commodity Channel Index (CCI)yes ⟴yes ⟴yes ⟴Momentum ⟴MA ⟴
Heiken-Ashiyes ⟴yes ⟴yes ⟴yes ⟴no ⟴clear visual representation of a trend ⟴
Moving Average Convergence/Divergence (MACD)yes ⟴Lagging ⟴Trend ⟴EMA ⟴
Omega Trend Indicator Leading ⟴Trend
On Balance Volume (OBV)yes ⟴yes ⟴Leading ⟴Momentum ⟴
Rate of Change (ROC)yes ⟴nonononoMomentum
Relative Strength Index (RSI)yes ⟴Leading ⟴Momentum ⟴Signal oversold or overbought ⟴
Simple Moving Average (SMI)yes ⟴
Stochastic Oscillatoryes ⟴yes ⟴yes ⟴Leading ⟴Momentum ⟴
Trend MagicLeading ⟴Trend

Published: Oct. 31, 2024

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