Compact mode
Elder Triple Screen vs Average Directional Index (ADX) vs Know Sure Thing (KST)
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.
Average Directional Index (ADX)- TrendAverage Directional Index (ADX) is a Trend type indicator. Indicators that help identify and confirm market trends
Know Sure Thing (KST)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.
- CommoditiesTrading indicators optimized for commodity markets like oil, gold, and agricultural products.
Elder Triple ScreenAverage Directional Index (ADX)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.
Average Directional Index (ADX)- Trend Strength Without DirectionAverage Directional Index (ADX) is known for Trend Strength Without Direction.
Know Sure Thing (KST)- Trend Strength MeasurementKnow Sure Thing (KST) is known for Trend Strength Measurement.
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
Average Directional Index (ADX)- 1978Average Directional Index (ADX) was developed in 1978. Trading indicators specifically developed in 1978
Know Sure Thing (KST)- United StatesKnow Sure Thing (KST) was developed in United States. Indicators 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.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.
Average Directional Index (ADX)- LaggingAverage Directional Index (ADX) is a Lagging indicator. Indicators that confirm trends after they have started
Know Sure Thing (KST)Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorElder Triple ScreenAverage Directional Index (ADX)Know Sure Thing (KST)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
Average Directional Index (ADX)- MediumThe popularity of Average Directional Index (ADX) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Know Sure Thing (KST)- LowThe popularity of Know Sure Thing (KST) 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
Average Directional Index (ADX)- Part of the Directional Movement System
Know Sure Thing (KST)- Developed by Martin Pring
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorElder Triple Screen- Jokingly referred to as the "three-headed monster" of trading systems
Average Directional Index (ADX)- It's like a gym membership - tells you how strong the trend is but not where it's going
Know Sure Thing (KST)- It's like a Swiss Army knife for trend analysis
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*- WeeklyIndicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
- DailyIndicators optimized for daily chart analysis, suitable for swing and position traders.
Elder Triple Screen- HourlyElder Triple Screen is most effective for Hourly timeframes. Indicators tailored for hourly chart analysis, ideal for day traders and short-term strategies.
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.
Average Directional Index (ADX)Know Sure Thing (KST)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsElder Triple Screen- CrossoversElder Triple Screen generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- 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
Average Directional Index (ADX)- ThresholdsAverage Directional Index (ADX) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Know Sure Thing (KST)- CrossoversKnow Sure Thing (KST) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- DivergencesKnow Sure Thing (KST) generates trading signals through Divergences. Indicators 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*Elder Triple ScreenKnow Sure Thing (KST)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorElder Triple ScreenAverage Directional Index (ADX)Know Sure Thing (KST)Purpose 📈
The primary purpose or application of the trading indicatorElder Triple ScreenAverage Directional Index (ADX)Know Sure Thing (KST)
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
Average Directional Index (ADX)- Effective For Identifying Strong Trends
- Non-DirectionalProvides market insights without predicting price direction, useful for various strategies
Know Sure Thing (KST)- Incorporates Multiple Timeframes
- Smooth Signals
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.
Average Directional Index (ADX)- Doesn't Indicate Trend DirectionIndicators that don't reveal trend direction, potentially missing important market context. Click to see all.
- Lagging IndicatorIndicators that follow price action, potentially delaying trading signals in fast-moving markets. Click to see all.
Know Sure Thing (KST)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorElder Triple ScreenAverage Directional Index (ADX)Know Sure Thing (KST)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isElder Triple ScreenAverage Directional Index (ADX)Know Sure Thing (KST)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesElder Triple ScreenAverage Directional Index (ADX)Know Sure Thing (KST)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.
Average Directional Index (ADX)- 6.5The customization score for Average Directional Index (ADX) is 6.5 out of 10.
Know Sure Thing (KST)- 7.5The customization score for Know Sure Thing (KST) is 7.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsElder Triple ScreenAverage Directional Index (ADX)Know Sure Thing (KST)
Alternatives to Elder Triple Screen
Elder-Ray Index
Known for Combining Trend And Momentum
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is easier to use than Elder Triple Screen
Ichimoku Cloud
Known for All-In-One Indicator
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is easier to use than Elder Triple Screen
Moving Average Envelope
Known for Price Range Visualization
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is easier to use than Elder Triple Screen
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
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is easier to use than Elder Triple Screen
Fast Stochastic
Known for Rapid Momentum Shifts
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is easier to use than Elder Triple Screen
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
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is easier to use than Elder Triple Screen
Guppy Multiple Moving Average
Known for Visualizing Short-Term And Long-Term Trends
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is easier to use than Elder Triple Screen
Elder Impulse System
Known for Combining Trend And Momentum
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is easier to use than Elder Triple Screen
Exponential Moving Average (EMA)
Known for Smooth Price Movements
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is easier to use than Elder Triple Screen
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is rated higher overall than Elder Triple Screen
Chaikin Oscillator
Known for Accumulation/Distribution Trends
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is easier to use than Elder Triple Screen