Compact mode
Average Directional Index (ADX) vs Know Sure Thing (KST) vs McGinley Dynamic Indicator
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Average Directional Index (ADX)- TrendAverage Directional Index (ADX) is a Trend type indicator. Indicators that help identify and confirm market trends
Know Sure Thing (KST)McGinley Dynamic Indicator- TrendMcGinley Dynamic Indicator is a Trend type indicator. Indicators that help identify and confirm market trends
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*- StocksIndicators optimized for analyzing and predicting stock price movements in equity markets.
- CommoditiesTrading indicators optimized for commodity markets like oil, gold, and agricultural products.
Average Directional Index (ADX)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorAverage Directional Index (ADX)- Trend Strength Without DirectionAverage Directional Index (ADX) is known for Trend Strength Without Direction.
Know Sure Thing (KST)- Trend Strength MeasurementKnow Sure Thing (KST) is known for Trend Strength Measurement.
McGinley Dynamic Indicator- Improving On Traditional Moving AveragesMcGinley Dynamic Indicator is known for Improving On Traditional Moving Averages.
Made In 🌍
The country or origin of the trading indicatorAverage Directional Index (ADX)- 1978Average Directional Index (ADX) was developed in 1978. Trading indicators specifically developed in 1978
Know Sure Thing (KST)- United StatesKnow Sure Thing (KST) was developed in United States. Indicators developed in the USA, reflecting American trading principles
McGinley Dynamic Indicator
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Average Directional Index (ADX)- LaggingAverage Directional Index (ADX) is a Lagging indicator. Indicators that confirm trends after they have started
Know Sure Thing (KST)McGinley Dynamic Indicator- LaggingMcGinley Dynamic Indicator is a Lagging indicator. Indicators that confirm trends after they have started
Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorAverage Directional Index (ADX)Know Sure Thing (KST)McGinley Dynamic IndicatorPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityAverage Directional Index (ADX)- MediumThe popularity of Average Directional Index (ADX) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Know Sure Thing (KST)- LowThe popularity of Know Sure Thing (KST) among traders is considered Low. Indicators with lower adoption but potential unique insights
McGinley Dynamic Indicator- LowThe popularity of McGinley Dynamic Indicator among traders is considered Low. Indicators with lower adoption but potential unique insights
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorAverage Directional Index (ADX)- Part of the Directional Movement System
Know Sure Thing (KST)- Developed by Martin Pring
McGinley Dynamic Indicator- Developed by John R. McGinley to address the lag in traditional moving averages
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorAverage Directional Index (ADX)- It's like a gym membership - tells you how strong the trend is but not where it's going
Know Sure Thing (KST)- It's like a Swiss Army knife for trend analysis
McGinley Dynamic Indicator- So smooth it might make other indicators jealous
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*- DailyIndicators optimized for daily chart analysis, suitable for swing and position traders.
- WeeklyIndicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Average Directional Index (ADX)Know Sure Thing (KST)McGinley Dynamic IndicatorSignal Generation 📊
Describes the methods by which the indicator produces trading signalsAverage Directional Index (ADX)- ThresholdsAverage Directional Index (ADX) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Know Sure Thing (KST)- CrossoversKnow Sure Thing (KST) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- DivergencesKnow Sure Thing (KST) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
McGinley Dynamic Indicator- CrossoversMcGinley Dynamic Indicator generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Know Sure Thing (KST)McGinley Dynamic Indicator
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorAverage Directional Index (ADX)Know Sure Thing (KST)McGinley Dynamic Indicator- Technical AnalystsMcGinley Dynamic Indicator is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.
- Trend FollowersMcGinley Dynamic Indicator 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 indicatorAverage Directional Index (ADX)Know Sure Thing (KST)McGinley Dynamic Indicator- Trend IdentificationMcGinley Dynamic Indicator is primarily used for Trend Identification. Tools that help traders recognize and confirm established market trends Click to see all.
- Support/ResistanceMcGinley Dynamic Indicator is primarily used for Support/Resistance. Indicators that highlight price levels where trends may stall or reverse Click to see all.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorAverage Directional Index (ADX)- Effective For Identifying Strong Trends
- Non-DirectionalProvides market insights without predicting price direction, useful for various strategies
Know Sure Thing (KST)- Incorporates Multiple Timeframes
- Smooth Signals
McGinley Dynamic Indicator- Adapts Quickly To Price Changes
- Reduces Whipsaws In Trending MarketsMinimizes false signals during strong trends, improving trend-following strategies
Cons 👎
Disadvantages or limitations of the trading indicatorAverage Directional Index (ADX)- Doesn't Indicate Trend DirectionIndicators that don't reveal trend direction, potentially missing important market context. Click to see all.
- Lagging IndicatorIndicators that follow price action, potentially delaying trading signals in fast-moving markets. Click to see all.
Know Sure Thing (KST)- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Less Widely KnownRefers to trading indicators that are not as popular or commonly used by traders. Click to see all.
McGinley Dynamic Indicator
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorAverage Directional Index (ADX)Know Sure Thing (KST)McGinley Dynamic IndicatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isAverage Directional Index (ADX)Know Sure Thing (KST)McGinley Dynamic IndicatorVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesAverage Directional Index (ADX)Know Sure Thing (KST)McGinley Dynamic IndicatorCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorAverage Directional Index (ADX)- 6.5The customization score for Average Directional Index (ADX) is 6.5 out of 10.
Know Sure Thing (KST)- 7.5The customization score for Know Sure Thing (KST) is 7.5 out of 10.
McGinley Dynamic Indicator- 6.5The customization score for McGinley Dynamic Indicator is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsAverage Directional Index (ADX)Know Sure Thing (KST)McGinley Dynamic Indicator
Alternatives to Average Directional Index (ADX)
Average True Range (ATR)
Known for Volatility Without Direction
💻
is easier to use than Average Directional Index (ADX)
⭐
is rated higher overall than Average Directional Index (ADX)
Directional Movement Index (DMI)
Known for Strength Of Price Movement
🔀
is more versatile than Average Directional Index (ADX)
🔧
is more customizable than Average Directional Index (ADX)
⭐
is rated higher overall than Average Directional Index (ADX)
Guppy Multiple Moving Average
Known for Visualizing Short-Term And Long-Term Trends
🔀
is more versatile than Average Directional Index (ADX)
🔧
is more customizable than Average Directional Index (ADX)
Elder Triple Screen
Known for Trend-Momentum Alignment
🔀
is more versatile than Average Directional Index (ADX)
🔧
is more customizable than Average Directional Index (ADX)
⭐
is rated higher overall than Average Directional Index (ADX)
Keltner Channels
Known for Combining Moving Averages With Volatility
💻
is easier to use than Average Directional Index (ADX)
🔧
is more customizable than Average Directional Index (ADX)
⭐
is rated higher overall than Average Directional Index (ADX)
Moving Average Envelope
Known for Price Range Visualization
💻
is easier to use than Average Directional Index (ADX)
🔧
is more customizable than Average Directional Index (ADX)
⭐
is rated higher overall than Average Directional Index (ADX)
Exponential Moving Average (EMA)
Known for Smooth Price Movements
💻
is easier to use than Average Directional Index (ADX)
🔧
is more customizable than Average Directional Index (ADX)
⭐
is rated higher overall than Average Directional Index (ADX)
Money Flow Index (MFI)
Known for Volume And Price Movements
🔧
is more customizable than Average Directional Index (ADX)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement
🔧
is more customizable than Average Directional Index (ADX)
Elder Impulse System
Known for Combining Trend And Momentum
💻
is easier to use than Average Directional Index (ADX)