Compact mode
Average True Range (ATR) vs Triple Exponential Average (TRIX) vs Mass Index
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Average True Range (ATR)Triple Exponential Average (TRIX)Mass IndexAsset 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.
Average True Range (ATR)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorAverage True Range (ATR)- Volatility Without DirectionAverage True Range (ATR) is known for Volatility Without Direction.
Triple Exponential Average (TRIX)- Filtering Out Market NoiseTriple Exponential Average (TRIX) is known for Filtering Out Market Noise.
Mass Index- Volatility-Based Reversal PredictionMass Index is known for Volatility-Based Reversal Prediction.
Made In 🌍
The country or origin of the trading indicatorAverage True Range (ATR)Triple Exponential Average (TRIX)Mass Index
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Average True Range (ATR)Triple Exponential Average (TRIX)Mass IndexComplexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorAverage True Range (ATR)Triple Exponential Average (TRIX)Mass IndexPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityAverage True Range (ATR)Triple Exponential Average (TRIX)Mass Index
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorAverage True Range (ATR)- Part of Welles Wilder's indicators
Triple Exponential Average (TRIX)- Combines triple smoothing with momentum
Mass Index- Created by Donald Dorsey
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorAverage True Range (ATR)- It's the drama meter of the market - higher values mean more excitement
Triple Exponential Average (TRIX)- It's like a smoothie blender for price data
Mass Index- It's like predicting market earthquakes
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*Average True Range (ATR)Triple Exponential Average (TRIX)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Average True Range (ATR)Triple Exponential Average (TRIX)Mass IndexSignal Generation 📊
Describes the methods by which the indicator produces trading signalsAverage True Range (ATR)Triple Exponential Average (TRIX)- CrossoversTriple Exponential Average (TRIX) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- DivergencesTriple Exponential Average (TRIX) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Mass IndexCustomization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Triple Exponential Average (TRIX)Mass Index
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorAverage True Range (ATR)Triple Exponential Average (TRIX)Mass IndexPurpose 📈
The primary purpose or application of the trading indicatorAverage True Range (ATR)Triple Exponential Average (TRIX)Mass Index
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorAverage True Range (ATR)- Useful For Position Sizing
- Helps Set Stop-Losses
Triple Exponential Average (TRIX)- Reduces WhipsawsMinimizes false signals in volatile markets, improving trade accuracy Click to see all.
- Identifies Major TrendsHighlights significant market movements, helping traders align with dominant trends Click to see all.
Mass Index- Identifies Potential Reversals
- Unique Approach To Volatility
Cons 👎
Disadvantages or limitations of the trading indicatorAverage True Range (ATR)Triple Exponential Average (TRIX)- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Potential Lag In Signals
Mass Index
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorAverage True Range (ATR)Triple Exponential Average (TRIX)Mass IndexEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isAverage True Range (ATR)Triple Exponential Average (TRIX)Mass IndexVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesAverage True Range (ATR)Triple Exponential Average (TRIX)Mass IndexCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorAverage True Range (ATR)- 6.5The customization score for Average True Range (ATR) is 6.5 out of 10.
Triple Exponential Average (TRIX)- 7The customization score for Triple Exponential Average (TRIX) is 7 out of 10.
Mass Index- 6.5The customization score for Mass Index is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsAverage True Range (ATR)Triple Exponential Average (TRIX)Mass Index
Alternatives to Average True Range (ATR)
Exponential Moving Average (EMA)
Known for Smooth Price Movements💻 is easier to use than Average True Range (ATR)
🔧 is more customizable than Average True Range (ATR)
⭐ is rated higher overall than Average True Range (ATR)
Donchian Channels
Known for Simplicity And Effectiveness🔧 is more customizable than Average True Range (ATR)
⭐ is rated higher overall than Average True Range (ATR)
Moving Average Envelope
Known for Price Range Visualization💻 is easier to use than Average True Range (ATR)
🔧 is more customizable than Average True Range (ATR)
⭐ is rated higher overall than Average True Range (ATR)
Keltner Channels
Known for Combining Moving Averages With Volatility🔧 is more customizable than Average True Range (ATR)
Elder Triple Screen
Known for Trend-Momentum Alignment🔀 is more versatile than Average True Range (ATR)
🔧 is more customizable than Average True Range (ATR)
⭐ is rated higher overall than Average True Range (ATR)
Relative Strength Index (RSI)
Known for Momentum Measurement💻 is easier to use than Average True Range (ATR)
⭐ is rated higher overall than Average True Range (ATR)
Bollinger Bands
Known for Volatility And Trend Strength🔀 is more versatile than Average True Range (ATR)
🔧 is more customizable than Average True Range (ATR)
⭐ is rated higher overall than Average True Range (ATR)
Simple Moving Average (SMA)
Known for Smooth Price Movements💻 is easier to use than Average True Range (ATR)
⭐ is rated higher overall than Average True Range (ATR)