Compact mode

Volume Weighted Moving Average (VWMA) vs Elder Impulse System vs Chaikin Money Flow Oscillator

General Information Comparison

Facts Comparison

  • Interesting Fact 💡

    An intriguing or lesser-known fact about the trading indicator
    Volume Weighted Moving Average (VWMA)
    • Popular among algorithmic and high-frequency traders
    Elder Impulse System
    • Created by Dr. Alexander Elder a renowned trading psychologist
    Chaikin Money Flow Oscillator
    • Developed by Marc Chaikin a Wall Street analyst
  • Sarcastic Fact 😉

    A humorous or ironic observation about the trading indicator
    Volume Weighted Moving Average (VWMA)
    • So weighted it might sink your chart
    Elder Impulse System
    • Traffic light for traders: green means go red means stop blue means nap time
    Chaikin Money Flow Oscillator
    • Sometimes the money flows right out of your trading account

Technical Details Comparison

Usage Comparison

Evaluation Comparison

  • Pros 👍

    Advantages of using the trading indicator
    Volume Weighted Moving Average (VWMA)
    • Adds Volume Context To Price Movements
    • Less Susceptible To Price Spikes
    Elder Impulse System
    • Easy To Interpret Color-Coded Signals
    • Combines Trend And Momentum
    Chaikin Money Flow Oscillator
    • Combines Price And Volume Analysis
    • Good For Identifying Potential Reversals
  • Cons 👎

    Disadvantages or limitations of the trading indicator
    Volume Weighted Moving Average (VWMA)
    Elder Impulse System
    • Can Produce False Signals In Ranging Markets
    • Requires Understanding Of Multiple Indicators
    Chaikin Money Flow Oscillator
    • Can Be Less Effective In Low-Volume Markets
    • Requires Understanding Of Accumulation/Distribution Concepts

Performance Metrics Comparison

Alternatives to Volume Weighted Moving Average (VWMA)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
💻 is easier to use than Volume Weighted Moving Average (VWMA)
is rated higher overall than Volume Weighted Moving Average (VWMA)
McGinley Dynamic Indicator
Known for Improving On Traditional Moving Averages
💻 is easier to use than Volume Weighted Moving Average (VWMA)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
💯 is more reliable than Volume Weighted Moving Average (VWMA)
💻 is easier to use than Volume Weighted Moving Average (VWMA)
🔧 is more customizable than Volume Weighted Moving Average (VWMA)
is rated higher overall than Volume Weighted Moving Average (VWMA)
Guppy Multiple Moving Average
Known for Visualizing Short-Term And Long-Term Trends
🔀 is more versatile than Volume Weighted Moving Average (VWMA)
🔧 is more customizable than Volume Weighted Moving Average (VWMA)
is rated higher overall than Volume Weighted Moving Average (VWMA)
Aroon Up And Down
Known for Identifying Potential Trend Changes
💻 is easier to use than Volume Weighted Moving Average (VWMA)
is rated higher overall than Volume Weighted Moving Average (VWMA)
Average Directional Index (ADX)
Known for Trend Strength Without Direction
💯 is more reliable than Volume Weighted Moving Average (VWMA)
💻 is easier to use than Volume Weighted Moving Average (VWMA)
🔀 is more versatile than Volume Weighted Moving Average (VWMA)
is rated higher overall than Volume Weighted Moving Average (VWMA)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
🔀 is more versatile than Volume Weighted Moving Average (VWMA)
🔧 is more customizable than Volume Weighted Moving Average (VWMA)
is rated higher overall than Volume Weighted Moving Average (VWMA)