Chaikin Volatility vs Triple Exponential Average (TRIX) vs Price Channel
Compact mode

Chaikin Volatility vs Triple Exponential Average (TRIX) vs Price Channel

General Information Comparison

Characteristics Comparison

Facts Comparison

  • Interesting Fact 💡

    An intriguing or lesser-known fact about the trading indicator
    Chaikin Volatility
    • Developed by Marc Chaikin to complement his other indicators
    Triple Exponential Average (TRIX)
    • Combines triple smoothing with momentum
    Price Channel
    • Originally popularized by Richard Donchian in the 1950s
  • Sarcastic Fact 😉

    A humorous or ironic observation about the trading indicator
    Chaikin Volatility
    • Sometimes called the "options trader's crystal ball"
    Triple Exponential Average (TRIX)
    • It's like a smoothie blender for price data
    Price Channel
    • Sometimes called the "rich man's Bollinger Bands" due to its simplicity

Application Comparison

  • Timeframe 🕑

    The time intervals or periods for which the trading indicator is most effective or commonly used.
    For all*
    • Daily
      Indicators optimized for daily chart analysis, suitable for swing and position traders.
    • Weekly
      Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.

Technical Details Comparison

Evaluation Comparison

  • Pros 👍

    Advantages of using the trading indicator
    Chaikin Volatility
    • Helps Identify Potential Breakouts
    • Useful For Options Pricing
      Indicators that aid in determining fair value and volatility for options trading
    Triple Exponential Average (TRIX)
    • Reduces Whipsaws
      Minimizes false signals in volatile markets, improving trade accuracy
    • Identifies Major Trends
      Highlights significant market movements, helping traders align with dominant trends
    Price Channel
    • Easy To Interpret Visually
      Indicators with clear visual representations for quick market analysis
    • Useful For Identifying Breakouts
  • Cons 👎

    Disadvantages or limitations of the trading indicator
    Chaikin Volatility
    • Can Be Late In Signaling Volatility Changes
    • May Produce False Signals In Ranging Markets
    Triple Exponential Average (TRIX)
    Price Channel
    • Can Be Slow To React To Trend Changes
    • May Generate False Signals In Choppy Markets

Performance Metrics Comparison

Alternatives to Chaikin Volatility
Donchian Channels
Known for Simplicity And Effectiveness
💯 is more reliable than Chaikin Volatility
💻 is easier to use than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Volume Oscillator
Known for Volume Divergence
💯 is more reliable than Chaikin Volatility
💻 is easier to use than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Choppiness Index
Known for Identifying Trending Vs Choppy Markets
💯 is more reliable than Chaikin Volatility
🔀 is more versatile than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Elder-Ray Index
Known for Combining Trend And Momentum
💯 is more reliable than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Keltner Channels
Known for Combining Moving Averages With Volatility
💯 is more reliable than Chaikin Volatility
💻 is easier to use than Chaikin Volatility
🔧 is more customizable than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Elder Triple Screen
Known for Trend-Momentum Alignment
💯 is more reliable than Chaikin Volatility
🔀 is more versatile than Chaikin Volatility
🔧 is more customizable than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Directional Movement Index (DMI)
Known for Strength Of Price Movement
💯 is more reliable than Chaikin Volatility
💻 is easier to use than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Linear Regression Indicator
Known for Predicting Price Trends
💯 is more reliable than Chaikin Volatility
Moving Average Envelope
Known for Price Range Visualization
💯 is more reliable than Chaikin Volatility
💻 is easier to use than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Bollinger Bands
Known for Volatility And Trend Strength
💯 is more reliable than Chaikin Volatility
💻 is easier to use than Chaikin Volatility
🔀 is more versatile than Chaikin Volatility
🔧 is more customizable than Chaikin Volatility
is rated higher overall than Chaikin Volatility