Compact mode
Guppy Multiple Moving Average vs Volume Weighted Moving Average (VWMA) vs Percentage Volume Oscillator (PVO)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Guppy Multiple Moving AverageVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Guppy Multiple Moving AverageVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorGuppy Multiple Moving Average- Visualizing Short-Term And Long-Term TrendsGuppy Multiple Moving Average is known for Visualizing Short-Term And Long-Term Trends.
Volume Weighted Moving Average (VWMA)- Incorporating Volume Into Moving AveragesVolume Weighted Moving Average (VWMA) is known for Incorporating Volume Into Moving Averages.
Percentage Volume Oscillator (PVO)- Identifying Volume TrendsPercentage Volume Oscillator (PVO) is known for Identifying Volume Trends.
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Guppy Multiple Moving AverageVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)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 communityGuppy Multiple Moving AverageVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorGuppy Multiple Moving Average- Developed by Australian trader Daryl Guppy
Volume Weighted Moving Average (VWMA)- Popular among algorithmic and high-frequency traders
Percentage Volume Oscillator (PVO)- Adapted from the Percentage Price Oscillator (PPO) for volume analysis
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorGuppy Multiple Moving Average- Sometimes looks like a colorful spaghetti mess on the chart
Volume Weighted Moving Average (VWMA)- So weighted it might sink your chart
Percentage Volume Oscillator (PVO)- Oscillates so much it might make you seasick
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*Guppy Multiple Moving AverageVolume Weighted Moving Average (VWMA)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Guppy Multiple Moving AverageVolume 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.
Percentage Volume Oscillator (PVO)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Guppy Multiple Moving AveragePercentage Volume Oscillator (PVO)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Guppy Multiple Moving AverageVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorGuppy Multiple Moving Average- Technical AnalystsGuppy Multiple Moving Average is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.
- Trend FollowersGuppy Multiple Moving Average is designed for Trend Followers. Identifies and confirms long-term market trends, suitable for trend-following strategies Click to see all.
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.
Percentage Volume Oscillator (PVO)- Volume AnalystsPercentage Volume Oscillator (PVO) is designed for Volume Analysts. Focuses on trading volume patterns and anomalies, crucial for volume-based analysis Click to see all.
- Momentum TradersPercentage Volume Oscillator (PVO) is designed for Momentum Traders. Identifies and measures strength of price movements, ideal for capturing market momentum Click to see all.
Purpose 📈
The primary purpose or application of the trading indicatorGuppy Multiple Moving Average- Trend StrengthGuppy 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 ReversalGuppy Multiple Moving Average is primarily used for Trend Reversal. Indicators that signal potential changes in the current market trend direction Click to see all.
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.
Percentage Volume Oscillator (PVO)- Volume TrendPercentage Volume Oscillator (PVO) is primarily used for Volume Trend. Tools that analyze trading volume patterns over time Click to see all.
- DivergencesPercentage Volume Oscillator (PVO) is primarily used for Divergences.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorGuppy Multiple Moving Average- Clear Visual Representation Of TrendsIndicators offering easy-to-interpret visual cues for market trends Click to see all.
- Helps Identify Trend Strength
Volume Weighted Moving Average (VWMA)- Adds Volume Context To Price Movements
- Less Susceptible To Price Spikes
Percentage Volume Oscillator (PVO)- Helps Identify Volume Divergences
- Good For Confirming Price Trends
Cons 👎
Disadvantages or limitations of the trading indicatorGuppy Multiple Moving Average- Can Be Overwhelming With Multiple Lines
- Lag In Fast-Moving Markets
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.
Percentage Volume Oscillator (PVO)- Can Be Less Effective In Low-Volume Markets
- Requires Understanding Of Volume AnalysisDescribes indicators that need knowledge of volume interpretation for effective use. Click to see all.
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorGuppy Multiple Moving AverageVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isGuppy Multiple Moving AverageVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesGuppy Multiple Moving AverageVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorGuppy Multiple Moving Average- 7.5The customization score for Guppy Multiple Moving Average is 7.5 out of 10.
Volume Weighted Moving Average (VWMA)- 6.5The customization score for Volume Weighted Moving Average (VWMA) is 6.5 out of 10.
Percentage Volume Oscillator (PVO)- 6.5The customization score for Percentage Volume Oscillator (PVO) is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsGuppy Multiple Moving AverageVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)
Alternatives to Guppy Multiple Moving Average
McGinley Dynamic Indicator
Known for Improving On Traditional Moving Averages💻 is easier to use than 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)
Chaikin Money Flow Oscillator
Known for Measuring Buying/Selling Pressure🔀 is more versatile 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)
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)
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction💻 is easier to use than Volume Weighted Moving Average (VWMA)
🔀 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)