Compact mode
Elder Triple Screen vs Coppock Curve vs Vortex Indicator (VI)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Elder Triple Screen- TrendElder Triple Screen is a Trend type indicator. Indicators that help identify and confirm market trends
- MomentumElder Triple Screen is a Momentum type indicator. Measures rate of price change, ideal for identifying strong trends Click to see all.
Coppock CurveVortex Indicator (VI)- TrendVortex Indicator (VI) 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*Elder Triple Screen- ForexThe asset classes Elder Triple Screen is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
- CommoditiesThe asset classes Elder Triple Screen is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Vortex Indicator (VI)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorElder Triple Screen- Trend-Momentum AlignmentElder Triple Screen is known for Trend-Momentum Alignment.
Coppock Curve- Identifying Long-Term Market BottomsCoppock Curve is known for Identifying Long-Term Market Bottoms.
Vortex Indicator (VI)- Trend Reversal DetectionVortex Indicator (VI) is known for Trend Reversal Detection.
Made In 🌍
The country or origin of the trading indicatorElder Triple Screen- United StatesElder Triple Screen was developed in United States. Indicators developed in the USA, reflecting American trading principles
Coppock Curve- United StatesCoppock Curve was developed in United States. Indicators developed in the USA, reflecting American trading principles
Vortex Indicator (VI)- AustraliaVortex Indicator (VI) was developed in Australia. Trading indicators developed by Australian market analysts
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Elder Triple Screen- LaggingElder Triple Screen is a Lagging indicator. Indicators that confirm trends after they have started
- LeadingElder Triple Screen is a Leading indicator. Indicators that predict future price movements Click to see all.
Coppock CurveVortex Indicator (VI)- LaggingVortex Indicator (VI) is a Lagging indicator. Indicators that confirm trends after they have started
Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorElder Triple ScreenCoppock CurveVortex Indicator (VI)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityElder Triple Screen- MediumThe popularity of Elder Triple Screen among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Coppock Curve- LowThe popularity of Coppock Curve among traders is considered Low. Indicators with lower adoption but potential unique insights
Vortex Indicator (VI)- LowThe popularity of Vortex Indicator (VI) 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 indicatorElder Triple Screen- Developed by Dr. Alexander Elder as a complete trading system
Coppock Curve- Originally designed for S&P 500 index
Vortex Indicator (VI)- Inspired by the vortex concept in fluid dynamics
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorElder Triple Screen- Jokingly referred to as the "three-headed monster" of trading systems
Coppock Curve- It's like a crystal ball for long-term market bottoms
Vortex Indicator (VI)- It's like a weather vane for market trends
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Elder Triple Screen- WeeklyElder Triple Screen is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
- DailyElder Triple Screen is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- HourlyElder Triple Screen is most effective for Hourly timeframes. Indicators tailored for hourly chart analysis, ideal for day traders and short-term strategies.
Coppock Curve- MonthlyCoppock Curve is most effective for Monthly timeframes. Indicators for long-term trend analysis on monthly charts, suited for position traders.
Vortex Indicator (VI)- DailyVortex Indicator (VI) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Elder Triple Screen- Moving AveragesElder Triple Screen uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.
- OscillatorsElder Triple Screen uses the Oscillators calculation method. Indicators that oscillate between fixed values to show overbought or oversold conditions. Click to see all.
Coppock CurveVortex Indicator (VI)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
Elder Triple Screen- DivergencesElder Triple Screen generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
- BreakoutsElder Triple Screen generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Elder Triple Screen
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorElder Triple ScreenCoppock CurveVortex Indicator (VI)Purpose 📈
The primary purpose or application of the trading indicatorElder Triple ScreenCoppock CurveVortex Indicator (VI)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorElder Triple Screen- Combines Multiple Indicators For ConfirmationIndicators that use multiple signals to confirm trading decisions
- Reduces False Signals
Coppock Curve- Good For Long-Term Trend Identification
- Simple To Interpret
Vortex Indicator (VI)- Simple To Interpret
- Effective In Trending Markets
Cons 👎
Disadvantages or limitations of the trading indicatorElder Triple Screen- Requires Understanding Of Multiple Indicators
- Can Be Complex For BeginnersEasy-to-understand indicators suitable for traders new to technical analysis. Click to see all.
Coppock Curve- Limited To Long-Term Analysis
- Not Suitable For Short-Term Trading
Vortex Indicator (VI)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorElder Triple ScreenCoppock CurveVortex Indicator (VI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isElder Triple ScreenCoppock CurveVortex Indicator (VI)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesElder Triple ScreenCoppock CurveVortex Indicator (VI)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorElder Triple Screen- 8.5 🥇Best customizable trading indicatorThe customization score for Elder Triple Screen is 8.5 out of 10.
Coppock Curve- 6The customization score for Coppock Curve is 6 out of 10.
Vortex Indicator (VI)- 6The customization score for Vortex Indicator (VI) is 6 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsElder Triple ScreenCoppock CurveVortex Indicator (VI)
Alternatives to Elder Triple Screen
Know Sure Thing (KST)
Known for Trend Strength Measurement
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is more versatile than Coppock Curve
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is more customizable than Coppock Curve
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is rated higher overall than Coppock Curve
Force Index
Known for Combining Price Changes With Volume
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is more versatile than Coppock Curve
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is more customizable than Coppock Curve
Slow Stochastic
Known for Momentum Measurement
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is more reliable than Coppock Curve
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement
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is more versatile than Coppock Curve
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is more customizable than Coppock Curve
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is rated higher overall than Coppock Curve
Elder-Ray Index
Known for Combining Trend And Momentum
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is more versatile than Coppock Curve
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is more customizable than Coppock Curve
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is rated higher overall than Coppock Curve
Klinger Oscillator
Known for Trend Reversals And Continuations
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is more versatile than Coppock Curve
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is more customizable than Coppock Curve
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is rated higher overall than Coppock Curve
Relative Vigor Index (RVI)
Known for Trend Confirmation
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is more versatile than Coppock Curve
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is more customizable than Coppock Curve
Stochastic Oscillator
Known for Momentum And Trend Reversal
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is easier to use than Coppock Curve
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is more versatile than Coppock Curve
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is more customizable than Coppock Curve
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is rated higher overall than Coppock Curve
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement
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is easier to use than Coppock Curve
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is more versatile than Coppock Curve
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is more customizable than Coppock Curve
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is rated higher overall than Coppock Curve
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
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is easier to use than Coppock Curve
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is more versatile than Coppock Curve
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is more customizable than Coppock Curve
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is rated higher overall than Coppock Curve