Guppy Multiple Moving Average vs Elder Impulse System vs Vortex Indicator (VI)
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Guppy Multiple Moving Average vs Elder Impulse System vs Vortex Indicator (VI)

Table of content

General Information Comparison

Characteristics Comparison

Facts Comparison

  • Interesting Fact 💡
    An intriguing or lesser-known fact about the trading indicator
    Guppy Multiple Moving Average
    • Developed by Australian trader Daryl Guppy
    Elder Impulse System
    • Created by Dr. Alexander Elder a renowned trading psychologist
    Vortex Indicator (VI)
    • Inspired by the vortex concept in fluid dynamics

  • Sarcastic Fact 😉
    A humorous or ironic observation about the trading indicator
    Guppy Multiple Moving Average
    • Sometimes looks like a colorful spaghetti mess on the chart
    Elder Impulse System
    • Traffic light for traders: green means go red means stop blue means nap time
    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.
    For all*
    • Daily
      Indicators optimized for daily chart analysis, suitable for swing and position traders.
    Guppy Multiple Moving Average
    • Weekly
      Guppy Multiple Moving Average is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
    Elder Impulse System
    • Weekly
      Elder Impulse System is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.

Technical Details Comparison

Usage Comparison

Evaluation Comparison

  • Pros 👍
    Advantages of using the trading indicator
    Guppy Multiple Moving Average
    • Clear Visual Representation Of Trends
      Indicators offering easy-to-interpret visual cues for market trends
    • Helps Identify Trend Strength
    Elder Impulse System
    • Easy To Interpret Color-Coded Signals
    • Combines Trend And Momentum
    Vortex Indicator (VI)
    • Simple To Interpret
    • Effective In Trending Markets

  • Cons 👎
    Disadvantages or limitations of the trading indicator
    Guppy Multiple Moving Average
    • Can Be Overwhelming With Multiple Lines
    • Lag In Fast-Moving Markets
    Elder Impulse System
    • Can Produce False Signals In Ranging Markets
    • Requires Understanding Of Multiple Indicators
    Vortex Indicator (VI)

Performance Metrics Comparison

Alternatives to Guppy Multiple Moving Average
Elder-Ray Index
Known for Combining Trend And Momentum
💯 is more reliable than Elder Impulse System
🔀 is more versatile than Elder Impulse System
🔧 is more customizable than Elder Impulse System
⭐ is rated higher overall than Elder Impulse System
Linear Regression Indicator
Known for Predicting Price Trends
💯 is more reliable than Elder Impulse System
🔀 is more versatile than Elder Impulse System
Elder Triple Screen
Known for Trend-Momentum Alignment
💯 is more reliable than Elder Impulse System
🔀 is more versatile than Elder Impulse System
🔧 is more customizable than Elder Impulse System
⭐ is rated higher overall than Elder Impulse System
Rainbow Moving Average
Known for Visual Representation Of Multiple Timeframes
🔀 is more versatile than Elder Impulse System
🔧 is more customizable than Elder Impulse System
⭐ is rated higher overall than Elder Impulse System
Aroon Up And Down
Known for Identifying Potential Trend Changes
💯 is more reliable than Elder Impulse System
💻 is easier to use than Elder Impulse System
🔀 is more versatile than Elder Impulse System
🔧 is more customizable than Elder Impulse System
⭐ is rated higher overall than Elder Impulse System
Chaikin Money Flow Oscillator
Known for Measuring Buying/Selling Pressure
💯 is more reliable than Elder Impulse System
🔀 is more versatile than Elder Impulse System
Average Directional Index (ADX)
Known for Trend Strength Without Direction
💯 is more reliable than Elder Impulse System
🔀 is more versatile than Elder Impulse System
🔧 is more customizable than Elder Impulse System
⭐ is rated higher overall than Elder Impulse System
Accumulation/Distribution Line (A/D)
Known for Volume-Based Price Trends
🔀 is more versatile than Elder Impulse System
⭐ is rated higher overall than Elder Impulse System
Hull Moving Average (HMA)
Known for Reducing Lag In Moving Averages
💯 is more reliable than Elder Impulse System
🔀 is more versatile than Elder Impulse System
🔧 is more customizable than Elder Impulse System
⭐ is rated higher overall than Elder Impulse System
Aroon Indicator
Known for Measuring Time Between Highs And Lows
💯 is more reliable than Elder Impulse System
🔀 is more versatile than Elder Impulse System
🔧 is more customizable than Elder Impulse System
⭐ is rated higher overall than Elder Impulse System