Compact mode

Volume Weighted Average Price (VWAP) vs Guppy Multiple Moving Average vs Vortex Indicator (VI)

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.

Volume Weighted Average Price (VWAP)

Volume

Volume Weighted Average Price (VWAP) is a Volume type indicator. Indicators that analyze trading volume to confirm price movements Click to see all.

Guppy Multiple Moving Average

Trend

Guppy Multiple Moving Average is a Trend type indicator. Indicators that help identify and confirm market trends Click to see all.

Vortex Indicator (VI)

Trend

Vortex Indicator (VI) is a Trend type indicator. Indicators that help identify and confirm market trends Click to see all.
Asset Class 💰

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

For all*

Stocks

Indicators optimized for analyzing and predicting stock price movements in equity markets.

Volume Weighted Average Price (VWAP)

Futures

The asset classes Volume Weighted Average Price (VWAP) is typically used for are Futures. Indicators designed for trading futures contracts across various asset classes. Click to see all.

Guppy Multiple Moving Average

Forex

The asset classes Guppy Multiple Moving Average is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.

Vortex Indicator (VI)

Forex

The asset classes Vortex Indicator (VI) 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

Volume Weighted Average Price (VWAP)

Incorporating Volume Into Price Analysis

Volume Weighted Average Price (VWAP) is known for Incorporating Volume Into Price Analysis.

Guppy Multiple Moving Average

Visualizing Short-Term And Long-Term Trends

Guppy Multiple Moving Average is known for Visualizing Short-Term And Long-Term Trends.

Vortex Indicator (VI)

Trend Reversal Detection

Vortex Indicator (VI) is known for Trend Reversal Detection.
Made In 🌍

The country or origin of the trading indicator

Volume Weighted Average Price (VWAP)

United States

Volume Weighted Average Price (VWAP) was developed in United States. Indicators developed in the USA, reflecting American trading principles Click to see all.

Guppy Multiple Moving Average

1990S

Guppy Multiple Moving Average was developed in 1990S. Trading indicators created during the dot-com boom era Click to see all.

Vortex Indicator (VI)

Australia

Vortex Indicator (VI) was developed in Australia. Trading indicators developed by Australian market analysts 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*

Lagging

Indicators that confirm trends after they have started
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

Volume Weighted Average Price (VWAP)

High

The popularity of Volume Weighted Average Price (VWAP) among traders is considered High. Widely used and trusted indicators in the trading community Click to see all.

Guppy Multiple Moving Average

Medium

The popularity of Guppy Multiple Moving Average among traders is considered Medium. Indicators with balanced adoption and potential effectiveness Click to see all.

Vortex Indicator (VI)

Low

The popularity of Vortex Indicator (VI) among traders is considered Low. Indicators with lower adoption but potential unique insights Click to see all.

Facts Comparison

Interesting Fact 💡

An intriguing or lesser-known fact about the trading indicator

Volume Weighted Average Price (VWAP)

Often used by high-frequency traders

Guppy Multiple Moving Average

Developed by Australian trader Daryl Guppy

Vortex Indicator (VI)

Inspired by the vortex concept in fluid dynamics
Sarcastic Fact 😉

A humorous or ironic observation about the trading indicator

Volume Weighted Average Price (VWAP)

VWAP is like a popularity contest for stock prices

Guppy Multiple Moving Average

Sometimes looks like a colorful spaghetti mess on the chart

Vortex Indicator (VI)

It's like a weather vane for market trends

Application Comparison

Timeframe 🕑

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

Volume Weighted Average Price (VWAP)

Intraday

Volume Weighted Average Price (VWAP) is most effective for Intraday timeframes. Indicators designed for short-term, within-day trading analysis and quick decision-making. Click to see all.

Guppy Multiple Moving Average

Daily

Guppy Multiple Moving Average is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.

Weekly

Guppy Multiple Moving Average is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends. Click to see all.

Vortex Indicator (VI)

Daily

Vortex Indicator (VI) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.

Technical Details Comparison

Calculation Method 🧮

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

Volume Weighted Average Price (VWAP)

Price-Based

Volume Weighted Average Price (VWAP) uses the Price-Based calculation method. Indicators focusing on price movements and patterns for market analysis. Click to see all.

Guppy Multiple Moving Average

Moving Averages

Guppy Multiple Moving Average uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.

Vortex Indicator (VI)

Price-Based

Vortex Indicator (VI) uses the Price-Based calculation method. Indicators focusing on price movements and patterns for market analysis. Click to see all.
Signal Generation 📊

Describes the methods by which the indicator produces trading signals

Volume Weighted Average Price (VWAP)

Thresholds

Volume Weighted Average Price (VWAP) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met Click to see all.

Guppy Multiple Moving Average

Crossovers

Guppy Multiple Moving Average generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.

Divergences

Guppy Multiple Moving Average generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.

Vortex Indicator (VI)

Crossovers

Vortex Indicator (VI) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes 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

Guppy Multiple Moving Average

Number Of MAs

Guppy Multiple Moving Average offers customization options for Number Of MAs. Enables customization of how many moving averages to use Click to see all.

Usage Comparison

For whom 👥

The target audience or user group for the trading indicator

Volume Weighted Average Price (VWAP)

Institutional Traders

Volume Weighted Average Price (VWAP) is designed for Institutional Traders. Tailored for large-scale trading decisions and portfolio management Click to see all.

Guppy Multiple Moving Average

Technical Analysts

Guppy Multiple Moving Average is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.

Trend Followers

Guppy Multiple Moving Average is designed for Trend Followers. Identifies and confirms long-term market trends, suitable for trend-following strategies Click to see all.

Vortex Indicator (VI)

Trend Followers

Vortex Indicator (VI) 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 indicator

Volume Weighted Average Price (VWAP)

Price Comparison

Volume Weighted Average Price (VWAP) is primarily used for Price Comparison. Indicators that contrast current prices with historical levels Click to see all.

Guppy Multiple Moving Average

Trend Strength

Guppy 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 Reversal

Guppy Multiple Moving Average is primarily used for Trend Reversal. Indicators that signal potential changes in the current market trend direction Click to see all.

Vortex Indicator (VI)

Identifying Trend Strength And Direction

Vortex Indicator (VI) is primarily used for Identifying Trend Strength And Direction. Indicators for analyzing trend characteristics Click to see all.

Evaluation Comparison

Pros 👍

Advantages of using the trading indicator

Volume Weighted Average Price (VWAP)

Helps Identify Fair Value

Useful For Algorithmic Trading

Guppy Multiple Moving Average

Clear Visual Representation Of Trends

Indicators offering easy-to-interpret visual cues for market trends Click to see all.

Helps Identify Trend Strength

Vortex Indicator (VI)

Simple To Interpret

Effective In Trending Markets
Cons 👎

Disadvantages or limitations of the trading indicator

Volume Weighted Average Price (VWAP)

Limited To Intraday Use

Requires Live Data Feed

Guppy Multiple Moving Average

Can Be Overwhelming With Multiple Lines

Lag In Fast-Moving Markets

Vortex Indicator (VI)

Can Produce False Signals In Choppy Markets

Indicators that minimize false signals in erratic or indecisive market conditions Click to see all.

Less Widely Used