Compact mode
Triple Exponential Average (TRIX) vs Detrended Price Oscillator (DPO) vs Mass Index
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Triple Exponential Average (TRIX)Detrended Price Oscillator (DPO)- TrendDetrended Price Oscillator (DPO) is a Trend type indicator. Indicators that help identify and confirm market trends
Mass IndexAsset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Triple Exponential Average (TRIX)Detrended Price Oscillator (DPO)Mass IndexKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorTriple Exponential Average (TRIX)- Filtering Out Market NoiseTriple Exponential Average (TRIX) is known for Filtering Out Market Noise.
Detrended Price Oscillator (DPO)- Eliminating Long-Term TrendsDetrended Price Oscillator (DPO) is known for Eliminating Long-Term Trends.
Mass Index- Volatility-Based Reversal PredictionMass Index is known for Volatility-Based Reversal Prediction.
Made In 🌍
The country or origin of the trading indicatorFor all*- United StatesIndicators developed in the USA, reflecting American trading principles
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.For all*Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorTriple Exponential Average (TRIX)Detrended Price Oscillator (DPO)Mass IndexPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityTriple Exponential Average (TRIX)- MediumThe popularity of Triple Exponential Average (TRIX) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Detrended Price Oscillator (DPO)- LowThe popularity of Detrended Price Oscillator (DPO) among traders is considered Low. Indicators with lower adoption but potential unique insights
Mass Index- LowThe popularity of Mass Index 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 indicatorTriple Exponential Average (TRIX)- Combines triple smoothing with momentum
Detrended Price Oscillator (DPO)- Designed to eliminate trend from price
Mass Index- Created by Donald Dorsey
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorTriple Exponential Average (TRIX)- It's like a smoothie blender for price data
Detrended Price Oscillator (DPO)- It's like a time machine for price trends
Mass Index- It's like predicting market earthquakes
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.
Triple Exponential Average (TRIX)- WeeklyTriple Exponential Average (TRIX) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Detrended Price Oscillator (DPO)- WeeklyDetrended Price Oscillator (DPO) is most effective for Weekly timeframes. Indicators 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.Triple Exponential Average (TRIX)Detrended Price Oscillator (DPO)Mass IndexSignal Generation 📊
Describes the methods by which the indicator produces trading signalsTriple Exponential Average (TRIX)- CrossoversTriple Exponential Average (TRIX) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- DivergencesTriple Exponential Average (TRIX) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Detrended Price Oscillator (DPO)- CyclesDetrended Price Oscillator (DPO) generates trading signals through Cycles. Indicators that identify recurring patterns or cycles in market movements
- DivergencesDetrended Price Oscillator (DPO) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Mass Index- ThresholdsMass Index generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Triple Exponential Average (TRIX)Detrended Price Oscillator (DPO)Mass Index
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorTriple Exponential Average (TRIX)Detrended Price Oscillator (DPO)Mass IndexPurpose 📈
The primary purpose or application of the trading indicatorTriple Exponential Average (TRIX)Detrended Price Oscillator (DPO)- Identifying Cycles And TrendsDetrended Price Oscillator (DPO) is primarily used for Identifying Cycles And Trends.
Mass Index
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorTriple 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
Detrended Price Oscillator (DPO)- Helps Identify Cycles
- Removes Long-Term Trend Bias
Mass Index- Identifies Potential Reversals
- Unique Approach To Volatility
Cons 👎
Disadvantages or limitations of the trading indicatorTriple Exponential Average (TRIX)- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Potential Lag In Signals
Detrended Price Oscillator (DPO)- Complex Interpretation
- Limited Use In Strong Trends
Mass Index
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorTriple Exponential Average (TRIX)Detrended Price Oscillator (DPO)Mass IndexEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isTriple Exponential Average (TRIX)Detrended Price Oscillator (DPO)Mass IndexVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesTriple Exponential Average (TRIX)Detrended Price Oscillator (DPO)Mass IndexCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorTriple Exponential Average (TRIX)- 7The customization score for Triple Exponential Average (TRIX) is 7 out of 10.
Detrended Price Oscillator (DPO)- 7.5The customization score for Detrended Price Oscillator (DPO) is 7.5 out of 10.
Mass Index- 6.5The customization score for Mass Index is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsTriple Exponential Average (TRIX)Detrended Price Oscillator (DPO)Mass Index
Alternatives to Triple Exponential Average (TRIX)
Know Sure Thing (KST)
Known for Trend Strength Measurement
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is more reliable than Detrended Price Oscillator (DPO)
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is more versatile than Detrended Price Oscillator (DPO)
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is rated higher overall than Detrended Price Oscillator (DPO)
Elder-Ray Index
Known for Combining Trend And Momentum
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is more reliable than Detrended Price Oscillator (DPO)
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is more versatile than Detrended Price Oscillator (DPO)
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is rated higher overall than Detrended Price Oscillator (DPO)
Elder Triple Screen
Known for Trend-Momentum Alignment
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is more reliable than Detrended Price Oscillator (DPO)
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is more versatile than Detrended Price Oscillator (DPO)
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is more customizable than Detrended Price Oscillator (DPO)
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is rated higher overall than Detrended Price Oscillator (DPO)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
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is more reliable than Detrended Price Oscillator (DPO)
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is easier to use than Detrended Price Oscillator (DPO)
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is rated higher overall than Detrended Price Oscillator (DPO)
Relative Vigor Index (RVI)
Known for Trend Confirmation
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is easier to use than Detrended Price Oscillator (DPO)
Elder Force Index
Known for Combining Price And Volume
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is more versatile than Detrended Price Oscillator (DPO)
Ichimoku Cloud
Known for All-In-One Indicator
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is more reliable than Detrended Price Oscillator (DPO)
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is more versatile than Detrended Price Oscillator (DPO)
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is rated higher overall than Detrended Price Oscillator (DPO)
Choppiness Index
Known for Identifying Trending Vs Choppy Markets
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is more reliable than Detrended Price Oscillator (DPO)
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is easier to use than Detrended Price Oscillator (DPO)
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is more versatile than Detrended Price Oscillator (DPO)
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is rated higher overall than Detrended Price Oscillator (DPO)
Moving Average Envelope
Known for Price Range Visualization
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is more reliable than Detrended Price Oscillator (DPO)
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is easier to use than Detrended Price Oscillator (DPO)
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is rated higher overall than Detrended Price Oscillator (DPO)