Compact mode
Awesome Oscillator (AO) vs Triple Exponential Average (TRIX) vs Guppy Multiple Moving Average
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Awesome Oscillator (AO)Triple Exponential Average (TRIX)Guppy Multiple Moving Average- TrendGuppy Multiple Moving Average 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.
- ForexIndicators optimized for currency pair trading in the foreign exchange market.
Awesome Oscillator (AO)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorAwesome Oscillator (AO)- Simplicity And EffectivenessAwesome Oscillator (AO) is known for Simplicity And Effectiveness.
Triple Exponential Average (TRIX)- Filtering Out Market NoiseTriple Exponential Average (TRIX) is known for Filtering Out Market Noise.
Guppy Multiple Moving Average- Visualizing Short-Term And Long-Term TrendsGuppy Multiple Moving Average is known for Visualizing Short-Term And Long-Term Trends.
Made In 🌍
The country or origin of the trading indicatorAwesome Oscillator (AO)- United StatesAwesome Oscillator (AO) was developed in United States. Indicators developed in the USA, reflecting American trading principles
Triple Exponential Average (TRIX)- United StatesTriple Exponential Average (TRIX) was developed in United States. Indicators developed in the USA, reflecting American trading principles
Guppy Multiple Moving Average
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Awesome Oscillator (AO)Triple Exponential Average (TRIX)Guppy Multiple Moving Average- LaggingGuppy Multiple Moving Average is a Lagging indicator. Indicators that confirm trends after they have started
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 communityFor all*- MediumIndicators with balanced adoption and potential effectiveness
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorAwesome Oscillator (AO)- Created by Bill Williams
Triple Exponential Average (TRIX)- Combines triple smoothing with momentum
Guppy Multiple Moving Average- Developed by Australian trader Daryl Guppy
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorAwesome Oscillator (AO)- It's like a mood ring for the market's emotional state
Triple Exponential Average (TRIX)- It's like a smoothie blender for price data
Guppy Multiple Moving Average- Sometimes looks like a colorful spaghetti mess on the chart
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.For all*Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes
- DivergencesIndicators that show discrepancies between price and indicator movements, suggesting potential reversals
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Triple Exponential Average (TRIX)Guppy Multiple Moving Average
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorAwesome Oscillator (AO)Triple Exponential Average (TRIX)Guppy 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.
Purpose 📈
The primary purpose or application of the trading indicatorAwesome Oscillator (AO)Triple Exponential Average (TRIX)Guppy 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.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorAwesome Oscillator (AO)- Easy To Interpret
- Helps Identify Momentum ShiftsUseful for spotting changes in market momentum, helping traders time entries and exits
Triple Exponential Average (TRIX)- Reduces WhipsawsMinimizes false signals in volatile markets, improving trade accuracy
- Identifies Major TrendsHighlights significant market movements, helping traders align with dominant trends
Guppy Multiple Moving Average- Clear Visual Representation Of TrendsIndicators offering easy-to-interpret visual cues for market trends
- Helps Identify Trend Strength
Cons 👎
Disadvantages or limitations of the trading indicatorAwesome Oscillator (AO)- Can Be Late In Signaling Trend ChangesIndicators designed to identify potential trend changes as early as possible. Click to see all.
- Requires Confirmation From Price ActionDescribes indicators that need validation from actual price movements before signals are considered reliable. Click to see all.
Triple Exponential Average (TRIX)- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Potential Lag In Signals
Guppy Multiple Moving Average- Can Be Overwhelming With Multiple Lines
- Lag In Fast-Moving Markets
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorAwesome Oscillator (AO)Triple Exponential Average (TRIX)Guppy Multiple Moving AverageEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isAwesome Oscillator (AO)Triple Exponential Average (TRIX)Guppy Multiple Moving AverageVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesAwesome Oscillator (AO)Triple Exponential Average (TRIX)Guppy Multiple Moving AverageCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorAwesome Oscillator (AO)- 6.5The customization score for Awesome Oscillator (AO) is 6.5 out of 10.
Triple Exponential Average (TRIX)- 7The customization score for Triple Exponential Average (TRIX) is 7 out of 10.
Guppy Multiple Moving Average- 7.5The customization score for Guppy Multiple Moving Average is 7.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsAwesome Oscillator (AO)Triple Exponential Average (TRIX)Guppy Multiple Moving Average
Alternatives to Awesome Oscillator (AO)
Elder-Ray Index
Known for Combining Trend And Momentum
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is more versatile than Awesome Oscillator (AO)
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is more customizable than Awesome Oscillator (AO)
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction
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is more versatile than Awesome Oscillator (AO)
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is more customizable than Awesome Oscillator (AO)
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is rated higher overall than Awesome Oscillator (AO)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
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is more reliable than Awesome Oscillator (AO)
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is more customizable than Awesome Oscillator (AO)
Momentum Indicator
Known for Price Velocity
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is easier to use than Awesome Oscillator (AO)
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is more versatile than Awesome Oscillator (AO)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement
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is more versatile than Awesome Oscillator (AO)
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is more customizable than Awesome Oscillator (AO)
⭐
is rated higher overall than Awesome Oscillator (AO)
Elder Triple Screen
Known for Trend-Momentum Alignment
💯
is more reliable than Awesome Oscillator (AO)
🔀
is more versatile than Awesome Oscillator (AO)
🔧
is more customizable than Awesome Oscillator (AO)
⭐
is rated higher overall than Awesome Oscillator (AO)
Rate Of Change (ROC)
Known for Speed Of Price Changes
💻
is easier to use than Awesome Oscillator (AO)
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is more versatile than Awesome Oscillator (AO)
⭐
is rated higher overall than Awesome Oscillator (AO)