Compact mode
Triple Exponential Average (TRIX) vs Volume Weighted Moving Average (VWMA) vs Fast Stochastic
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)Volume Weighted Moving Average (VWMA)Fast StochasticAsset 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.
Fast StochasticKnown 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.
Volume Weighted Moving Average (VWMA)- Incorporating Volume Into Moving AveragesVolume Weighted Moving Average (VWMA) is known for Incorporating Volume Into Moving Averages.
Fast Stochastic- Rapid Momentum ShiftsFast Stochastic is known for Rapid Momentum Shifts.
Made In 🌍
The country or origin of the trading indicatorTriple Exponential Average (TRIX)Volume Weighted Moving Average (VWMA)Fast Stochastic
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Triple Exponential Average (TRIX)Volume Weighted Moving Average (VWMA)Fast StochasticComplexity 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)Volume Weighted Moving Average (VWMA)Fast Stochastic
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorTriple Exponential Average (TRIX)- Combines triple smoothing with momentum
Volume Weighted Moving Average (VWMA)- Popular among algorithmic and high-frequency traders
Fast Stochastic- Often used in conjunction with Slow Stochastic for confirmation
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorTriple Exponential Average (TRIX)- It's like a smoothie blender for price data
Volume Weighted Moving Average (VWMA)- So weighted it might sink your chart
Fast Stochastic- Nicknamed the "hare" in contrast to Slow Stochastic's "tortoise"
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)Volume Weighted Moving Average (VWMA)Fast Stochastic
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.For all*Volume Weighted Moving Average (VWMA)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Triple Exponential Average (TRIX)Fast StochasticCustomization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Triple Exponential Average (TRIX)Volume Weighted Moving Average (VWMA)Fast Stochastic
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorTriple Exponential Average (TRIX)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.
Fast StochasticPurpose 📈
The primary purpose or application of the trading indicatorTriple Exponential Average (TRIX)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.
Fast Stochastic- Quick Entry/Exit SignalsFast Stochastic is primarily used for Quick Entry/Exit Signals.
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.
Volume Weighted Moving Average (VWMA)- Adds Volume Context To Price Movements
- Less Susceptible To Price Spikes
Fast Stochastic- Provides Earlier Signals Than Slow Stochastic
- Useful For Short-Term Trading
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
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.
Fast Stochastic
Performance Metrics Comparison
Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isTriple Exponential Average (TRIX)Volume Weighted Moving Average (VWMA)Fast StochasticVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesTriple Exponential Average (TRIX)Volume Weighted Moving Average (VWMA)Fast StochasticCustomization 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.
Volume Weighted Moving Average (VWMA)- 6.5The customization score for Volume Weighted Moving Average (VWMA) is 6.5 out of 10.
Fast Stochastic- 6.5The customization score for Fast Stochastic is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsTriple Exponential Average (TRIX)Volume Weighted Moving Average (VWMA)Fast Stochastic
Alternatives to 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)
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)
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)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement💻 is easier to use than Triple Exponential Average (TRIX)