Compact mode
Triple Exponential Average (TRIX) vs Ultimate Oscillator vs Relative Vigor Index (RVI)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.For all*Asset 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 indicatorTriple Exponential Average (TRIX)- Filtering Out Market NoiseTriple Exponential Average (TRIX) is known for Filtering Out Market Noise.
Ultimate Oscillator- Multi-Timeframe AnalysisUltimate Oscillator is known for Multi-Timeframe Analysis.
Relative Vigor Index (RVI)- Trend ConfirmationRelative Vigor Index (RVI) is known for Trend Confirmation.
Made In 🌍
The country or origin of the trading indicatorTriple Exponential Average (TRIX)Ultimate OscillatorRelative Vigor Index (RVI)
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.For all*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)Ultimate OscillatorRelative Vigor Index (RVI)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorTriple Exponential Average (TRIX)- Combines triple smoothing with momentum
Ultimate Oscillator- Created by Larry Williams in 1976
Relative Vigor Index (RVI)- Developed by John Ehlers
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorTriple Exponential Average (TRIX)- It's like a smoothie blender for price data
Ultimate Oscillator- It's like a three-course meal of technical analysis
Relative Vigor Index (RVI)- It's like measuring the market's caffeine intake
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)Relative Vigor Index (RVI)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Triple Exponential Average (TRIX)Ultimate OscillatorRelative Vigor Index (RVI)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Triple Exponential Average (TRIX)Ultimate OscillatorRelative Vigor Index (RVI)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Triple Exponential Average (TRIX)Ultimate OscillatorRelative Vigor Index (RVI)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorTriple Exponential Average (TRIX)Ultimate OscillatorRelative Vigor Index (RVI)Purpose 📈
The primary purpose or application of the trading indicatorTriple Exponential Average (TRIX)Ultimate Oscillator- Reducing False DivergencesUltimate Oscillator is primarily used for Reducing False Divergences.
Relative Vigor Index (RVI)
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.
Ultimate Oscillator- Combines Short Medium And Long-Term IndicatorsIndicators analyzing short, medium, and long-term market trends simultaneously Click to see all.
- Reduces WhipsawsMinimizes false signals in volatile markets, improving trade accuracy Click to see all.
Relative Vigor Index (RVI)- Compares Closing Prices To Trading Ranges
- Less Known And UniqueOffers alternative perspectives on market dynamics, potentially providing an edge Click to see all.
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
Ultimate Oscillator- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Requires Context For Interpretation
Relative Vigor Index (RVI)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorTriple Exponential Average (TRIX)Ultimate OscillatorRelative Vigor Index (RVI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isFor all*Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesTriple Exponential Average (TRIX)Ultimate OscillatorRelative Vigor Index (RVI)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorFor all*Score ⭐
The overall score of the trading indicator based on various performance metricsTriple Exponential Average (TRIX)Ultimate OscillatorRelative Vigor Index (RVI)
Alternatives to Triple Exponential Average (TRIX)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement💯 is more reliable than Ultimate Oscillator
💻 is easier to use than Ultimate Oscillator
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement💻 is easier to use than Ultimate Oscillator
🔧 is more customizable than Ultimate Oscillator
⭐ is rated higher overall than Ultimate Oscillator
Elder-Ray Index
Known for Combining Trend And Momentum💯 is more reliable than Ultimate Oscillator
🔧 is more customizable than Ultimate Oscillator
⭐ is rated higher overall than Ultimate Oscillator
Choppiness Index
Known for Identifying Trending Vs Choppy Markets💯 is more reliable than Ultimate Oscillator
⭐ is rated higher overall than Ultimate Oscillator
Commodity Channel Index (CCI)
Known for Identifying Cyclical Trends💻 is easier to use than Ultimate Oscillator
⭐ is rated higher overall than Ultimate Oscillator
Know Sure Thing (KST)
Known for Trend Strength Measurement💯 is more reliable than Ultimate Oscillator
🔧 is more customizable than Ultimate Oscillator
Fast Stochastic
Known for Rapid Momentum Shifts💯 is more reliable than Ultimate Oscillator
Money Flow Index (MFI)
Known for Volume And Price Movements💯 is more reliable than Ultimate Oscillator
💻 is easier to use than Ultimate Oscillator
⭐ is rated higher overall than Ultimate Oscillator
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction💯 is more reliable than Ultimate Oscillator
💻 is easier to use than Ultimate Oscillator
⭐ is rated higher overall than Ultimate Oscillator
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💯 is more reliable than Ultimate Oscillator
💻 is easier to use than Ultimate Oscillator
⭐ is rated higher overall than Ultimate Oscillator