Compact mode
Triple Exponential Average (TRIX) vs Chande Momentum Oscillator (CMO) vs Volume Weighted Moving Average (VWMA)
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)Chande Momentum Oscillator (CMO)Volume Weighted Moving Average (VWMA)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*- StocksIndicators optimized for analyzing and predicting stock price movements in equity markets.
- ForexIndicators optimized for currency pair trading in the foreign exchange market.
Chande Momentum Oscillator (CMO)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.
Chande Momentum Oscillator (CMO)- Momentum MeasurementChande Momentum Oscillator (CMO) is known for Momentum Measurement.
Volume Weighted Moving Average (VWMA)- Incorporating Volume Into Moving AveragesVolume Weighted Moving Average (VWMA) is known for Incorporating Volume Into Moving Averages.
Made In 🌍
The country or origin of the trading indicatorTriple Exponential Average (TRIX)Chande Momentum Oscillator (CMO)Volume Weighted Moving Average (VWMA)
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Triple Exponential Average (TRIX)Chande Momentum Oscillator (CMO)Volume Weighted Moving Average (VWMA)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 communityTriple Exponential Average (TRIX)Chande Momentum Oscillator (CMO)Volume Weighted Moving Average (VWMA)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorTriple Exponential Average (TRIX)- Combines triple smoothing with momentum
Chande Momentum Oscillator (CMO)- Developed by Tushar Chande in 1994
Volume Weighted Moving Average (VWMA)- Popular among algorithmic and high-frequency traders
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorTriple Exponential Average (TRIX)- It's like a smoothie blender for price data
Chande Momentum Oscillator (CMO)- It's the yoga of momentum indicators - flexible but disciplined
Volume Weighted Moving Average (VWMA)- So weighted it might sink your chart
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*Triple Exponential Average (TRIX)Chande Momentum Oscillator (CMO)Volume Weighted Moving Average (VWMA)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Triple Exponential Average (TRIX)Chande Momentum Oscillator (CMO)Volume Weighted Moving Average (VWMA)- Moving AveragesVolume Weighted Moving Average (VWMA) uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.
- VolumeVolume Weighted Moving Average (VWMA) uses the Volume calculation method. Indicators using trading volume data to analyze market trends and momentum. Click to see all.
Signal Generation 📊
Describes the methods by which the indicator produces trading signalsTriple Exponential Average (TRIX)- CrossoversTriple Exponential Average (TRIX) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- DivergencesTriple Exponential Average (TRIX) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Chande Momentum Oscillator (CMO)- ThresholdsChande Momentum Oscillator (CMO) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met Click to see all.
- DivergencesChande Momentum Oscillator (CMO) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Volume Weighted Moving Average (VWMA)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Triple Exponential Average (TRIX)Chande Momentum Oscillator (CMO)Volume Weighted Moving Average (VWMA)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorTriple Exponential Average (TRIX)Chande Momentum Oscillator (CMO)Volume Weighted Moving Average (VWMA)- Day TradersVolume Weighted Moving Average (VWMA) is designed for Day Traders. Tools optimized for short-term intraday trading decisions Click to see all.
- Institutional TradersVolume Weighted Moving Average (VWMA) is designed for Institutional Traders. Tailored for large-scale trading decisions and portfolio management Click to see all.
Purpose 📈
The primary purpose or application of the trading indicatorTriple Exponential Average (TRIX)Chande Momentum Oscillator (CMO)Volume Weighted Moving Average (VWMA)- Support/ResistanceVolume Weighted Moving Average (VWMA) is primarily used for Support/Resistance. Indicators that highlight price levels where trends may stall or reverse Click to see all.
- Trend ConfirmationVolume Weighted Moving Average (VWMA) is primarily used for Trend Confirmation. Indicators that validate the strength and direction of price movements 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.
Chande Momentum Oscillator (CMO)- Less Prone To WhipsawsMinimizes false signals in volatile markets, improving trade accuracy Click to see all.
- Effective In Trending Markets
Volume Weighted Moving Average (VWMA)- Adds Volume Context To Price Movements
- Less Susceptible To Price Spikes
Cons 👎
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
Chande Momentum Oscillator (CMO)- Can Stay In Extreme Zones For Extended PeriodsIndicators that provide timely exit signals from overbought or oversold conditions Click to see all.
- Less KnownIndicators not widely recognized, potentially offering unique insights but with limited community support. Click to see all.
Volume Weighted Moving Average (VWMA)- Can Be Less Effective In Low-Volume Markets
- More Complex Than Simple Moving AveragesDescribes indicators that involve more intricate calculations than basic moving averages. Click to see all.
Performance Metrics Comparison
Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isTriple Exponential Average (TRIX)Chande Momentum Oscillator (CMO)Volume Weighted Moving Average (VWMA)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesTriple Exponential Average (TRIX)Chande Momentum Oscillator (CMO)Volume Weighted Moving Average (VWMA)Customization 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.
Chande Momentum Oscillator (CMO)- 7The customization score for Chande Momentum Oscillator (CMO) is 7 out of 10.
Volume Weighted Moving Average (VWMA)- 6.5The customization score for Volume Weighted Moving Average (VWMA) is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsTriple Exponential Average (TRIX)Chande Momentum Oscillator (CMO)Volume Weighted Moving Average (VWMA)
Alternatives to Triple Exponential Average (TRIX)
Ultimate Oscillator
Known for Multi-Timeframe Analysis🔀 is more versatile than Triple Exponential Average (TRIX)
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)
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)
Know Sure Thing (KST)
Known for Trend Strength Measurement🔧 is more customizable 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)
Elder Triple Screen
Known for Trend-Momentum Alignment💯 is more reliable than Triple Exponential Average (TRIX)
🔀 is more versatile than Triple Exponential Average (TRIX)
🔧 is more customizable than Triple Exponential Average (TRIX)
⭐ is rated higher overall 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)