Compact mode

Percentage Price Oscillator (PPO) vs Commodity Channel Index (CCI) vs Triple Exponential Average (TRIX)

Table of content

General Information Comparison
Characteristics Comparison
Facts Comparison

Application Comparison
Technical Details Comparison
Usage Comparison
Evaluation Comparison
Performance Metrics Comparison

General Information Comparison

Indicator Type 📊

The category or classification of the trading indicator based on its primary function and analysis method.

For all*

Momentum

Measures rate of price change, ideal for identifying strong trends
Asset Class 💰

Specifies the financial instruments for which the indicator is most commonly used

Percentage Price Oscillator (PPO)

Stocks

The asset classes Percentage Price Oscillator (PPO) is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.

Cryptocurrencies

The asset classes Percentage Price Oscillator (PPO) is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. Click to see all.

Commodity Channel Index (CCI)

Commodities

The asset classes Commodity Channel Index (CCI) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.

Forex

The asset classes Commodity Channel Index (CCI) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.

Triple Exponential Average (TRIX)

Stocks

The asset classes Triple Exponential Average (TRIX) is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.

Forex

The asset classes Triple Exponential Average (TRIX) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
Known for 💭

The unique selling point or distinguishing feature of the trading indicator

Percentage Price Oscillator (PPO)

Relative Strength Measurement

Percentage Price Oscillator (PPO) is known for Relative Strength Measurement.

Commodity Channel Index (CCI)

Identifying Cyclical Trends

Commodity Channel Index (CCI) is known for Identifying Cyclical Trends.

Triple Exponential Average (TRIX)

Filtering Out Market Noise

Triple Exponential Average (TRIX) is known for Filtering Out Market Noise.
Made In 🌍

The country or origin of the trading indicator

Percentage Price Oscillator (PPO)

United States

Percentage Price Oscillator (PPO) was developed in United States. Indicators developed in the USA, reflecting American trading principles Click to see all.

Commodity Channel Index (CCI)

1980

Commodity Channel Index (CCI) was developed in 1980. Trading indicators created at the start of a new decade Click to see all.

Triple Exponential Average (TRIX)

United States

Triple Exponential Average (TRIX) was developed in United States. Indicators developed in the USA, reflecting American trading principles Click to see all.

Characteristics Comparison

Lagging or Leading 🏁

Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.

For all*

Leading

Indicators that predict future price movements
Complexity Level 🧑

Indicates the level of expertise required to effectively use the indicator

For all*

Intermediate

Indicators balancing complexity and usability for traders with some experience.
Popularity 🏆

Indicates how widely used and recognized the indicator is in the trading community

For all*

Medium

Indicators with balanced adoption and potential effectiveness

Facts Comparison

Interesting Fact 💡

An intriguing or lesser-known fact about the trading indicator

Percentage Price Oscillator (PPO)

Similar to MACD but uses percentage for comparison

Commodity Channel Index (CCI)

Originally developed for commodities

Triple Exponential Average (TRIX)

Combines triple smoothing with momentum
Sarcastic Fact 😉

A humorous or ironic observation about the trading indicator

Percentage Price Oscillator (PPO)

It's the MACD's hipster cousin

Commodity Channel Index (CCI)

It's like a mood ring for the market - changes color frequently

Triple Exponential Average (TRIX)

It's like a smoothie blender for price data

Application Comparison

Timeframe 🕑

The time intervals or periods for which the trading indicator is most effective or commonly used.

For all*

Daily

Indicators optimized for daily chart analysis, suitable for swing and position traders.
Weekly

Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.

Technical Details Comparison

Calculation Method 🧮

The mathematical or analytical approach used to compute the trading indicator's values.

Percentage Price Oscillator (PPO)

Oscillators

Percentage Price Oscillator (PPO) uses the Oscillators calculation method. Indicators that oscillate between fixed values to show overbought or oversold conditions. Click to see all.

Commodity Channel Index (CCI)

Oscillators

Commodity Channel Index (CCI) uses the Oscillators calculation method. Indicators that oscillate between fixed values to show overbought or oversold conditions. Click to see all.

Triple Exponential Average (TRIX)

Moving Averages

Triple Exponential Average (TRIX) uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.
Signal Generation 📊

Describes the methods by which the indicator produces trading signals

Percentage Price Oscillator (PPO)

Crossovers

Percentage Price Oscillator (PPO) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.

Divergences

Percentage Price Oscillator (PPO) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.

Commodity Channel Index (CCI)

Thresholds

Commodity Channel Index (CCI) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met Click to see all.

Breakouts

Commodity Channel Index (CCI) generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends Click to see all.

Triple Exponential Average (TRIX)

Crossovers

Triple Exponential Average (TRIX) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.

Divergences

Triple Exponential Average (TRIX) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Customization Options 🔧

Lists the parameters that can be adjusted to fine-tune the indicator

For all*

Period

Enables customization of analysis timeframe

Percentage Price Oscillator (PPO)

Signal Line

Percentage Price Oscillator (PPO) offers customization options for Signal Line. Customizable signal line for precise trend identification Click to see all.

Commodity Channel Index (CCI)

Thresholds

Commodity Channel Index (CCI) offers customization options for Thresholds. Customizable thresholds for signal generation Click to see all.

Triple Exponential Average (TRIX)

Smoothing

Triple Exponential Average (TRIX) offers customization options for Smoothing. Adjustable smoothing for noise reduction Click to see all.

Usage Comparison

For whom 👥

The target audience or user group for the trading indicator

Percentage Price Oscillator (PPO)

Technical Analysts

Percentage Price Oscillator (PPO) is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.

Commodity Channel Index (CCI)

Commodity Traders

Commodity Channel Index (CCI) is designed for Commodity Traders. Tools optimized for trading in commodity markets like oil, gold, or agriculture Click to see all.

Triple Exponential Average (TRIX)

Experienced Traders

Triple Exponential Average (TRIX) is designed for Experienced Traders. Sophisticated tools for seasoned traders to gain deeper market insights Click to see all.
Purpose 📈

The primary purpose or application of the trading indicator

Percentage Price Oscillator (PPO)

Comparing Momentum Across Assets

Percentage Price Oscillator (PPO) is primarily used for Comparing Momentum Across Assets.

Commodity Channel Index (CCI)

Cyclical Trends

Commodity Channel Index (CCI) is primarily used for Cyclical Trends. Indicators for identifying repetitive patterns Click to see all.

Triple Exponential Average (TRIX)

Identifying Trend Reversals

Triple Exponential Average (TRIX) is primarily used for Identifying Trend Reversals. Indicators for major trend direction changes Click to see all.

Evaluation Comparison

Pros 👍

Advantages of using the trading indicator

Percentage Price Oscillator (PPO)

Useful For Comparing Assets

Adaptable To Different Timeframes

Commodity Channel Index (CCI)

Effective For Overbought/Oversold Conditions

Useful For Multiple Asset Classes

Triple Exponential Average (TRIX)

Reduces Whipsaws

Minimizes false signals in volatile markets, improving trade accuracy Click to see all.

Identifies Major Trends

Highlights significant market movements, helping traders align with dominant trends Click to see all.
Cons 👎

Disadvantages or limitations of the trading indicator

Percentage Price Oscillator (PPO)

Can Produce False Signals In Ranging Markets

Requires Context

Commodity Channel Index (CCI)

Can Produce False Signals In Non-Trending Markets

Triple Exponential Average (TRIX)

Complex Calculation

Indicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.

Potential Lag In Signals