Compact mode
Aroon Indicator vs Guppy Multiple Moving Average 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*Known for 💭
The unique selling point or distinguishing feature of the trading indicatorAroon Indicator- Measuring Time Between Highs And LowsAroon Indicator is known for Measuring Time Between Highs And Lows.
Guppy Multiple Moving Average- Visualizing Short-Term And Long-Term TrendsGuppy Multiple Moving Average is known for Visualizing Short-Term And Long-Term Trends.
Vortex Indicator (VI)- Trend Reversal DetectionVortex Indicator (VI) is known for Trend Reversal Detection.
Made In 🌍
The country or origin of the trading indicatorAroon IndicatorGuppy Multiple Moving AverageVortex Indicator (VI)
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Aroon IndicatorGuppy Multiple Moving AverageVortex Indicator (VI)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 communityAroon IndicatorGuppy Multiple Moving AverageVortex Indicator (VI)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorAroon Indicator- Name means "Dawn's Early Light" in Sanskrit
Guppy Multiple Moving Average- Developed by Australian trader Daryl Guppy
Vortex Indicator (VI)- Inspired by the vortex concept in fluid dynamics
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorAroon Indicator- It's like a sunrise alarm clock for new trends
Guppy Multiple Moving Average- Sometimes looks like a colorful spaghetti mess on the chart
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*Aroon IndicatorGuppy Multiple Moving Average
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Aroon IndicatorGuppy Multiple Moving AverageVortex 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 Average
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorAroon IndicatorGuppy 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.
Vortex Indicator (VI)Purpose 📈
The primary purpose or application of the trading indicatorAroon Indicator- Trend Strength And Direction AnalysisAroon Indicator is primarily used for Trend Strength And Direction Analysis.
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.
Vortex Indicator (VI)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorAroon Indicator- Helps Identify Beginning And End Of TrendsIndicators specializing in spotting the start and conclusion of market trends Click to see all.
- Shows Trend StrengthQuantifies the power behind price movements, aiding in trend confirmation Click to see all.
Guppy 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
Vortex Indicator (VI)- Simple To Interpret
- Effective In Trending Markets
Cons 👎
Disadvantages or limitations of the trading indicatorAroon Indicator- Can Produce False Signals In Choppy MarketsIndicators that minimize false signals in erratic or indecisive market conditions Click to see all.
- Requires Confirmation From Other IndicatorsIndicates that some indicators need validation from other technical tools for reliable signals. Click to see all.
Guppy Multiple Moving Average- Can Be Overwhelming With Multiple Lines
- Lag In Fast-Moving Markets
Vortex Indicator (VI)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorAroon IndicatorGuppy Multiple Moving AverageVortex Indicator (VI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isAroon IndicatorGuppy Multiple Moving AverageVortex Indicator (VI)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesAroon IndicatorGuppy Multiple Moving AverageVortex Indicator (VI)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorAroon Indicator- 7The customization score for Aroon Indicator is 7 out of 10.
Guppy Multiple Moving Average- 7.5The customization score for Guppy Multiple Moving Average is 7.5 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 metricsAroon IndicatorGuppy Multiple Moving AverageVortex Indicator (VI)
Alternatives to Aroon Indicator
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
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
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
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
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