Compact mode
Triple Exponential Average (TRIX) vs Guppy Multiple Moving Average
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Triple Exponential Average (TRIX)Guppy Multiple Moving AverageAsset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedBoth*Known for 💭
The unique selling point or distinguishing feature of the trading indicatorTriple Exponential Average (TRIX)- Filtering Out Market NoiseTriple Exponential Average (TRIX) is known for Filtering Out Market Noise.
Guppy Multiple Moving Average- Visualizing Short-Term And Long-Term TrendsGuppy Multiple Moving Average is known for Visualizing Short-Term And Long-Term Trends.
Made In 🌍
The country or origin of the trading indicatorTriple Exponential Average (TRIX)Guppy Multiple Moving Average
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Triple Exponential Average (TRIX)Guppy Multiple Moving AveragePopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityBoth*
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorTriple Exponential Average (TRIX)- Combines triple smoothing with momentum
Guppy Multiple Moving Average- Developed by Australian trader Daryl Guppy
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorTriple Exponential Average (TRIX)- It's like a smoothie blender for price data
Guppy Multiple Moving Average- Sometimes looks like a colorful spaghetti mess on the chart
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Both*
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Both*Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorBoth*Triple Exponential Average (TRIX)Guppy Multiple Moving Average
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorTriple Exponential Average (TRIX)Guppy Multiple Moving Average- Technical AnalystsGuppy Multiple Moving Average is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.
- Trend FollowersGuppy Multiple Moving Average is designed for Trend Followers. Identifies and confirms long-term market trends, suitable for trend-following strategies Click to see all.
Purpose 📈
The primary purpose or application of the trading indicatorTriple Exponential Average (TRIX)Guppy 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.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorTriple 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.
Guppy Multiple Moving AverageCons 👎
Disadvantages or limitations of the trading indicatorTriple Exponential Average (TRIX)- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Potential Lag In Signals
Guppy Multiple Moving Average- Can Be Overwhelming With Multiple Lines
- Lag In Fast-Moving Markets
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorTriple Exponential Average (TRIX)Guppy Multiple Moving AverageEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isTriple Exponential Average (TRIX)Guppy Multiple Moving AverageVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesTriple Exponential Average (TRIX)Guppy Multiple Moving AverageCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorTriple Exponential Average (TRIX)- 7The customization score for Triple Exponential Average (TRIX) is 7 out of 10.
Guppy Multiple Moving Average- 7.5The customization score for Guppy Multiple Moving Average is 7.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsTriple Exponential Average (TRIX)Guppy Multiple Moving Average
Alternatives to Triple Exponential Average (TRIX)
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
⭐ is rated higher overall than Guppy Multiple Moving Average
Rainbow Moving Average
Known for Visual Representation Of Multiple Timeframes💻 is easier to use than Guppy Multiple Moving Average
🔀 is more versatile than Guppy Multiple Moving Average
🔧 is more customizable than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
McGinley Dynamic Indicator
Known for Improving On Traditional Moving Averages💯 is more reliable than Guppy Multiple Moving Average
💻 is easier to use than Guppy Multiple Moving Average
Elder Triple Screen
Known for Trend-Momentum Alignment💯 is more reliable than Guppy Multiple Moving Average
🔀 is more versatile than Guppy Multiple Moving Average
🔧 is more customizable than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
Ichimoku Cloud
Known for All-In-One Indicator💯 is more reliable than Guppy Multiple Moving Average
🔀 is more versatile than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
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
Aroon Up And Down
Known for Identifying Potential Trend Changes💯 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
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
Linear Regression Indicator
Known for Predicting Price Trends💯 is more reliable than Guppy Multiple Moving Average
💻 is easier to use than Guppy Multiple Moving Average
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💯 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