Compact mode

Directional Movement Index (DMI) vs Vortex Indicator (VI)

General Information Comparison

Facts Comparison

  • Interesting Fact 💡

    An intriguing or lesser-known fact about the trading indicator
    Directional Movement Index (DMI)
    • Developed by J. Welles Wilder Jr. who also created RSI
    Vortex Indicator (VI)
    • Inspired by the vortex concept in fluid dynamics
  • Sarcastic Fact 😉

    A humorous or ironic observation about the trading indicator
    Directional Movement Index (DMI)
    • Sometimes called the 'trend trader's best friend' despite its complexity
    Vortex Indicator (VI)
    • It's like a weather vane for market trends

Application Comparison

Evaluation Comparison

Performance Metrics Comparison

Alternatives to Directional Movement Index (DMI)
Rainbow Moving Average
Known for Visual Representation Of Multiple Timeframes
🔀 is more versatile than Vortex Indicator (VI)
🔧 is more customizable than Vortex Indicator (VI)
is rated higher overall than Vortex Indicator (VI)
Elder Impulse System
Known for Combining Trend And Momentum
is rated higher overall than Vortex Indicator (VI)
Aroon Indicator
Known for Measuring Time Between Highs And Lows
💯 is more reliable than Vortex Indicator (VI)
🔀 is more versatile than Vortex Indicator (VI)
🔧 is more customizable than Vortex Indicator (VI)
is rated higher overall than Vortex Indicator (VI)
Slow Stochastic
Known for Momentum Measurement
💯 is more reliable than Vortex Indicator (VI)
is rated higher overall than Vortex Indicator (VI)
Guppy Multiple Moving Average
Known for Visualizing Short-Term And Long-Term Trends
💯 is more reliable than Vortex Indicator (VI)
🔀 is more versatile than Vortex Indicator (VI)
🔧 is more customizable than Vortex Indicator (VI)
is rated higher overall than Vortex Indicator (VI)
McGinley Dynamic Indicator
Known for Improving On Traditional Moving Averages
💯 is more reliable than Vortex Indicator (VI)
🔀 is more versatile than Vortex Indicator (VI)
🔧 is more customizable than Vortex Indicator (VI)
is rated higher overall than Vortex Indicator (VI)
Average Directional Index (ADX)
Known for Trend Strength Without Direction
💯 is more reliable than Vortex Indicator (VI)
🔀 is more versatile than Vortex Indicator (VI)
🔧 is more customizable than Vortex Indicator (VI)
is rated higher overall than Vortex Indicator (VI)
Keltner Channels
Known for Combining Moving Averages With Volatility
💯 is more reliable than Vortex Indicator (VI)
🔀 is more versatile than Vortex Indicator (VI)
🔧 is more customizable than Vortex Indicator (VI)
is rated higher overall than Vortex Indicator (VI)
Simple Moving Average (SMA)
Known for Smooth Price Movements
💯 is more reliable than Vortex Indicator (VI)
💻 is easier to use than Vortex Indicator (VI)
🔀 is more versatile than Vortex Indicator (VI)
is rated higher overall than Vortex Indicator (VI)
Volume Weighted Average Price (VWAP)
Known for Incorporating Volume Into Price Analysis
💯 is more reliable than Vortex Indicator (VI)
is rated higher overall than Vortex Indicator (VI)