Compact mode
Guppy Multiple Moving Average vs McGinley Dynamic Indicator vs Vortex Indicator (VI)
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*Guppy Multiple Moving AverageMcGinley Dynamic IndicatorVortex Indicator (VI)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorGuppy Multiple Moving Average- Visualizing Short-Term And Long-Term TrendsGuppy Multiple Moving Average is known for Visualizing Short-Term And Long-Term Trends.
McGinley Dynamic Indicator- Improving On Traditional Moving AveragesMcGinley Dynamic Indicator is known for Improving On Traditional Moving Averages.
Vortex Indicator (VI)- Trend Reversal DetectionVortex Indicator (VI) is known for Trend Reversal Detection.
Made In 🌍
The country or origin of the trading indicatorGuppy Multiple Moving AverageMcGinley Dynamic IndicatorVortex Indicator (VI)
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 indicatorFor all*Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityGuppy Multiple Moving AverageMcGinley Dynamic IndicatorVortex Indicator (VI)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorGuppy Multiple Moving Average- Developed by Australian trader Daryl Guppy
McGinley Dynamic Indicator- Developed by John R. McGinley to address the lag in traditional moving averages
Vortex Indicator (VI)- Inspired by the vortex concept in fluid dynamics
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorGuppy Multiple Moving Average- Sometimes looks like a colorful spaghetti mess on the chart
McGinley Dynamic Indicator- So smooth it might make other indicators jealous
Vortex Indicator (VI)- It's like a weather vane for market trends
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*Guppy Multiple Moving AverageMcGinley Dynamic Indicator
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Guppy Multiple Moving AverageMcGinley Dynamic IndicatorVortex Indicator (VI)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Guppy Multiple Moving AverageCustomization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Guppy Multiple Moving AverageMcGinley Dynamic Indicator
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorFor all*Guppy Multiple Moving AverageMcGinley Dynamic IndicatorPurpose 📈
The primary purpose or application of the trading indicatorGuppy Multiple Moving Average- Trend StrengthGuppy Multiple Moving Average is primarily used for Trend Strength. Tools that assess the power and momentum behind a market trend Click to see all.
- Trend ReversalGuppy Multiple Moving Average is primarily used for Trend Reversal. Indicators that signal potential changes in the current market trend direction Click to see all.
McGinley Dynamic Indicator- Trend IdentificationMcGinley Dynamic Indicator is primarily used for Trend Identification. Tools that help traders recognize and confirm established market trends Click to see all.
- Support/ResistanceMcGinley Dynamic Indicator is primarily used for Support/Resistance. Indicators that highlight price levels where trends may stall or reverse Click to see all.
Vortex Indicator (VI)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorGuppy Multiple Moving Average- Clear Visual Representation Of TrendsIndicators offering easy-to-interpret visual cues for market trends Click to see all.
- Helps Identify Trend Strength
McGinley Dynamic Indicator- Adapts Quickly To Price Changes
- Reduces Whipsaws In Trending MarketsMinimizes false signals during strong trends, improving trend-following strategies Click to see all.
Vortex Indicator (VI)- Simple To Interpret
- Effective In Trending Markets
Cons 👎
Disadvantages or limitations of the trading indicatorGuppy Multiple Moving Average- Can Be Overwhelming With Multiple Lines
- Lag In Fast-Moving Markets
McGinley Dynamic Indicator- Less Known Than Traditional Moving AveragesDescribes indicators that are not as popular as traditional moving averages in technical analysis. Click to see all.
- Can Still Lag In Sharp Reversals
Vortex Indicator (VI)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorGuppy Multiple Moving AverageMcGinley Dynamic IndicatorVortex Indicator (VI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isGuppy Multiple Moving AverageMcGinley Dynamic IndicatorVortex Indicator (VI)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesGuppy Multiple Moving AverageMcGinley Dynamic IndicatorVortex Indicator (VI)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorGuppy Multiple Moving Average- 7.5The customization score for Guppy Multiple Moving Average is 7.5 out of 10.
McGinley Dynamic Indicator- 6.5The customization score for McGinley Dynamic Indicator is 6.5 out of 10.
Vortex Indicator (VI)- 6The customization score for Vortex Indicator (VI) is 6 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsGuppy Multiple Moving AverageMcGinley Dynamic IndicatorVortex Indicator (VI)
Alternatives to Guppy Multiple Moving Average
Elder-Ray Index
Known for Combining Trend And Momentum💯 is more reliable than Guppy Multiple Moving Average
🔀 is more versatile than Guppy Multiple Moving Average
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Rainbow Moving Average
Known for Visual Representation Of Multiple Timeframes💻 is easier to use than Guppy Multiple Moving Average
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Ichimoku Cloud
Known for All-In-One Indicator💯 is more reliable than Guppy Multiple Moving Average
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Elder Triple Screen
Known for Trend-Momentum Alignment💯 is more reliable than Guppy Multiple Moving Average
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Aroon Up And Down
Known for Identifying Potential Trend Changes💯 is more reliable than Guppy Multiple Moving Average
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Average Directional Index (ADX)
Known for Trend Strength Without Direction💯 is more reliable than Guppy Multiple Moving Average
💻 is easier to use than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
Volume Weighted Moving Average (VWMA)
Known for Incorporating Volume Into Moving Averages💯 is more reliable than Guppy Multiple Moving Average
💻 is easier to use than Guppy Multiple Moving Average
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise💯 is more reliable than Guppy Multiple Moving Average
💻 is easier to use than Guppy Multiple Moving Average
🔀 is more versatile than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement💻 is easier to use than Guppy Multiple Moving Average
🔀 is more versatile than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💯 is more reliable than Guppy Multiple Moving Average
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⭐ is rated higher overall than Guppy Multiple Moving Average