Compact mode
Elder Triple Screen vs Woodies CCI vs Know Sure Thing (KST)
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*Elder Triple ScreenAsset 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.
- CommoditiesTrading indicators optimized for commodity markets like oil, gold, and agricultural products.
Elder Triple ScreenWoodies CCIKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorElder Triple Screen- Trend-Momentum AlignmentElder Triple Screen is known for Trend-Momentum Alignment.
Woodies CCI- Modification Of Traditional CCIWoodies CCI is known for Modification Of Traditional CCI.
Know Sure Thing (KST)- Trend Strength MeasurementKnow Sure Thing (KST) is known for Trend Strength Measurement.
Made In 🌍
The country or origin of the trading indicatorElder Triple ScreenWoodies CCIKnow Sure Thing (KST)
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.For all*Elder Triple ScreenComplexity 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 communityElder Triple ScreenWoodies CCIKnow Sure Thing (KST)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorElder Triple Screen- Developed by Dr. Alexander Elder as a complete trading system
Woodies CCI- Created by Ken Wood aka "Woodie"
Know Sure Thing (KST)- Developed by Martin Pring
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorElder Triple Screen- Jokingly referred to as the "three-headed monster" of trading systems
Woodies CCI- It's like CCI on steroids - powerful but handle with care!
Know Sure Thing (KST)- It's like a Swiss Army knife for trend analysis
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Elder Triple Screen- WeeklyElder Triple Screen is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends. Click to see all.
- DailyElder Triple Screen is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
- HourlyElder Triple Screen is most effective for Hourly timeframes. Indicators tailored for hourly chart analysis, ideal for day traders and short-term strategies. Click to see all.
Woodies CCIKnow Sure Thing (KST)- DailyKnow Sure Thing (KST) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.
- WeeklyKnow Sure Thing (KST) 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.For all*Elder Triple ScreenSignal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Elder Triple Screen- CrossoversElder Triple Screen generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- BreakoutsElder Triple Screen generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends Click to see all.
Woodies CCIKnow Sure Thing (KST)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorElder Triple Screen- PeriodElder Triple Screen offers customization options for Period. Enables customization of analysis timeframe Click to see all.
- Indicator SelectionElder Triple Screen offers customization options for Indicator Selection. Allows traders to choose specific indicators for analysis Click to see all.
Woodies CCI- CCI PeriodWoodies CCI offers customization options for CCI Period. Indicates that some indicators allow modification of the Commodity Channel Index calculation period. Click to see all.
- Signal Line PeriodWoodies CCI offers customization options for Signal Line Period. Customizable period for signal line calculations Click to see all.
Know Sure Thing (KST)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorElder Triple ScreenWoodies CCI- Price Action TradersWoodies CCI is designed for Price Action Traders. Enhances pure price movement analysis, supporting price action trading strategies Click to see all.
- ScalpersWoodies CCI is designed for Scalpers. Provides real-time insights for rapid trading decisions, ideal for very short-term trades Click to see all.
Know Sure Thing (KST)Purpose 📈
The primary purpose or application of the trading indicatorElder Triple ScreenWoodies CCI- Trend ReversalsWoodies CCI is primarily used for Trend Reversals. Indicators that help traders spot potential changes in market direction Click to see all.
- Overbought/Oversold ConditionsWoodies CCI is primarily used for Overbought/Oversold Conditions. Indicators that identify extreme market conditions Click to see all.
Know Sure Thing (KST)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorElder Triple Screen- Combines Multiple Indicators For ConfirmationIndicators that use multiple signals to confirm trading decisions Click to see all.
- Reduces False Signals
Woodies CCI- Enhanced Version Of CCIAdvanced indicators building upon the traditional Commodity Channel Index Click to see all.
- Good For Short-Term Trading
- Clear Signal Generation
Know Sure Thing (KST)- Incorporates Multiple Timeframes
- Smooth Signals
Cons 👎
Disadvantages or limitations of the trading indicatorElder Triple Screen- Requires Understanding Of Multiple Indicators
- Can Be Complex For BeginnersEasy-to-understand indicators suitable for traders new to technical analysis. Click to see all.
Woodies CCI- Complex For BeginnersIndicators that are easy to understand and use for novice traders, facilitating learning and strategy development Click to see all.
- Can Generate False Signals In Ranging MarketsIndicators that minimize false signals in sideways or consolidating markets Click to see all.
- Requires Practice To MasterRefers to indicators that need significant experience to use effectively. Click to see all.
Know Sure Thing (KST)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorElder Triple ScreenWoodies CCIKnow Sure Thing (KST)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isElder Triple ScreenWoodies CCIKnow Sure Thing (KST)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesElder Triple ScreenWoodies CCIKnow Sure Thing (KST)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorElder Triple Screen- 8.5 🥇Best customizable trading indicatorThe customization score for Elder Triple Screen is 8.5 out of 10.
Woodies CCI- 8The customization score for Woodies CCI is 8 out of 10.
Know Sure Thing (KST)- 7.5The customization score for Know Sure Thing (KST) is 7.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsElder Triple ScreenWoodies CCIKnow Sure Thing (KST)
Alternatives to Elder Triple Screen
Elder-Ray Index
Known for Combining Trend And Momentum💻 is easier to use than Elder Triple Screen
Ichimoku Cloud
Known for All-In-One Indicator💻 is easier to use than Elder Triple Screen
Fast Stochastic
Known for Rapid Momentum Shifts💻 is easier to use than Elder Triple Screen
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise💻 is easier to use than Elder Triple Screen
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💻 is easier to use than Elder Triple Screen
Moving Average Envelope
Known for Price Range Visualization💻 is easier to use than Elder Triple Screen
Average Directional Index (ADX)
Known for Trend Strength Without Direction💻 is easier to use than Elder Triple Screen
Guppy Multiple Moving Average
Known for Visualizing Short-Term And Long-Term Trends💻 is easier to use than Elder Triple Screen
Exponential Moving Average (EMA)
Known for Smooth Price Movements💻 is easier to use than Elder Triple Screen
⭐ is rated higher overall than Elder Triple Screen
Chaikin Oscillator
Known for Accumulation/Distribution Trends💻 is easier to use than Elder Triple Screen