Compact mode
Know Sure Thing (KST) vs McGinley Dynamic Indicator vs Schaff Trend Cycle
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Know Sure Thing (KST)McGinley Dynamic IndicatorSchaff Trend CycleAsset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Know Sure Thing (KST)McGinley Dynamic IndicatorSchaff Trend CycleKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorKnow Sure Thing (KST)- Trend Strength MeasurementKnow Sure Thing (KST) is known for Trend Strength Measurement.
McGinley Dynamic Indicator- Improving On Traditional Moving AveragesMcGinley Dynamic Indicator is known for Improving On Traditional Moving Averages.
Schaff Trend Cycle- Combining Trend And Cycle AnalysisSchaff Trend Cycle is known for Combining Trend And Cycle Analysis.
Made In 🌍
The country or origin of the trading indicatorKnow Sure Thing (KST)McGinley Dynamic IndicatorSchaff Trend Cycle
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Know Sure Thing (KST)McGinley Dynamic IndicatorSchaff Trend CycleComplexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorKnow Sure Thing (KST)McGinley Dynamic IndicatorSchaff Trend CyclePopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityFor all*
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorKnow Sure Thing (KST)- Developed by Martin Pring
McGinley Dynamic Indicator- Developed by John R. McGinley to address the lag in traditional moving averages
Schaff Trend Cycle- Developed by Doug Schaff a lesser-known but innovative technical analyst
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorKnow Sure Thing (KST)- It's like a Swiss Army knife for trend analysis
McGinley Dynamic Indicator- So smooth it might make other indicators jealous
Schaff Trend Cycle- So cyclical it might make you dizzy
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Know Sure Thing (KST)McGinley Dynamic IndicatorSchaff Trend Cycle- Moving AveragesSchaff Trend Cycle uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.
- MACDSchaff Trend Cycle uses the MACD calculation method. Indicators utilizing Moving Average Convergence Divergence for trend and momentum analysis. Click to see all.
Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Know Sure Thing (KST)Schaff Trend CycleCustomization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Know Sure Thing (KST)McGinley Dynamic IndicatorSchaff Trend Cycle
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorFor all*McGinley Dynamic IndicatorSchaff Trend CyclePurpose 📈
The primary purpose or application of the trading indicatorKnow Sure Thing (KST)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.
Schaff Trend Cycle- Trend IdentificationSchaff Trend Cycle is primarily used for Trend Identification. Tools that help traders recognize and confirm established market trends Click to see all.
- Overbought/Oversold ConditionsSchaff Trend Cycle is primarily used for Overbought/Oversold Conditions. Indicators that identify extreme market conditions Click to see all.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorKnow Sure Thing (KST)- Incorporates Multiple Timeframes
- Smooth Signals
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.
Schaff Trend CycleCons 👎
Disadvantages or limitations of the trading indicatorKnow Sure Thing (KST)- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Less Widely KnownRefers to trading indicators that are not as popular or commonly used by traders. Click to see all.
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
Schaff Trend Cycle- Can Produce False Signals In Ranging Markets
- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorKnow Sure Thing (KST)McGinley Dynamic IndicatorSchaff Trend CycleEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isKnow Sure Thing (KST)McGinley Dynamic IndicatorSchaff Trend CycleVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesKnow Sure Thing (KST)McGinley Dynamic IndicatorSchaff Trend CycleCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorKnow Sure Thing (KST)- 7.5The customization score for Know Sure Thing (KST) is 7.5 out of 10.
McGinley Dynamic Indicator- 6.5The customization score for McGinley Dynamic Indicator is 6.5 out of 10.
Schaff Trend Cycle- 7The customization score for Schaff Trend Cycle is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsKnow Sure Thing (KST)McGinley Dynamic IndicatorSchaff Trend Cycle
Alternatives to Know Sure Thing (KST)
Elder-Ray Index
Known for Combining Trend And Momentum⭐ is rated higher overall than Know Sure Thing (KST)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise💻 is easier to use than Know Sure Thing (KST)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement💻 is easier to use than Know Sure Thing (KST)
Elder Triple Screen
Known for Trend-Momentum Alignment💯 is more reliable than Know Sure Thing (KST)
🔀 is more versatile than Know Sure Thing (KST)
🔧 is more customizable than Know Sure Thing (KST)
⭐ is rated higher overall than Know Sure Thing (KST)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement💻 is easier to use than Know Sure Thing (KST)
🔀 is more versatile than Know Sure Thing (KST)
⭐ is rated higher overall than Know Sure Thing (KST)
Klinger Oscillator
Known for Trend Reversals And Continuations🔧 is more customizable than Know Sure Thing (KST)
⭐ is rated higher overall than Know Sure Thing (KST)
Aroon Up And Down
Known for Identifying Potential Trend Changes💻 is easier to use than Know Sure Thing (KST)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💻 is easier to use than Know Sure Thing (KST)
⭐ is rated higher overall than Know Sure Thing (KST)