Compact mode
Ichimoku Cloud vs 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.Ichimoku CloudTriple Exponential Average (TRIX)Guppy Multiple Moving AverageAsset 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 indicatorIchimoku Cloud- All-In-One IndicatorIchimoku Cloud is known for All-In-One Indicator.
Triple 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 indicatorIchimoku CloudTriple 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.Ichimoku CloudTriple Exponential Average (TRIX)Guppy Multiple Moving AverageComplexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorIchimoku CloudTriple Exponential Average (TRIX)Guppy Multiple Moving AveragePopularity 🏆
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 indicatorIchimoku Cloud- Created by Japanese journalist Goichi Hosoda
Triple 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 indicatorIchimoku Cloud- It's like a weather forecast for your trades - often wrong but never in doubt
Triple 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.For all*
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.For all*Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Ichimoku CloudTriple Exponential Average (TRIX)Guppy Multiple Moving AverageCustomization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Triple Exponential Average (TRIX)Guppy Multiple Moving Average
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorIchimoku CloudTriple 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 indicatorIchimoku Cloud- Multiple Aspects Of MarketIchimoku Cloud is primarily used for Multiple Aspects Of Market.
Triple 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 indicatorIchimoku Cloud- Provides Multiple Signals
- Forward-LookingIndicators designed to anticipate future market movements Click to see all.
Triple 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 indicatorIchimoku Cloud- Complex To Interpret
- Clutters Charts
Triple 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 indicatorIchimoku CloudTriple Exponential Average (TRIX)Guppy Multiple Moving AverageEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isIchimoku CloudTriple Exponential Average (TRIX)Guppy Multiple Moving AverageVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesIchimoku CloudTriple Exponential Average (TRIX)Guppy Multiple Moving AverageCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorIchimoku Cloud- 7.5The customization score for Ichimoku Cloud is 7.5 out of 10.
Triple 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 metricsIchimoku CloudTriple Exponential Average (TRIX)Guppy Multiple Moving Average
Alternatives to Ichimoku Cloud
Elder-Ray Index
Known for Combining Trend And Momentum🔧 is more customizable than Triple Exponential Average (TRIX)
⭐ is rated higher overall than Triple Exponential Average (TRIX)
Ultimate Oscillator
Known for Multi-Timeframe Analysis🔀 is more versatile than Triple Exponential Average (TRIX)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💻 is easier to use than Triple Exponential Average (TRIX)
⭐ is rated higher overall than Triple Exponential Average (TRIX)
Volume Oscillator
Known for Volume Divergence💻 is easier to use than Triple Exponential Average (TRIX)
⭐ is rated higher overall than Triple Exponential Average (TRIX)
Know Sure Thing (KST)
Known for Trend Strength Measurement🔧 is more customizable than Triple Exponential Average (TRIX)
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction💻 is easier to use than Triple Exponential Average (TRIX)
🔀 is more versatile than Triple Exponential Average (TRIX)
⭐ is rated higher overall than Triple Exponential Average (TRIX)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement💻 is easier to use than Triple Exponential Average (TRIX)