Elder Triple Screen vs Moving Average Convergence Divergence (MACD) vs Hull Moving Average (HMA)
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Elder Triple Screen vs Moving Average Convergence Divergence (MACD) vs Hull Moving Average (HMA)

Table of content

General Information Comparison

Characteristics Comparison

Facts Comparison

  • Interesting Fact 💡
    An intriguing or lesser-known fact about the trading indicator
    Elder Triple Screen
    • Developed by Dr. Alexander Elder as a complete trading system
    Moving Average Convergence Divergence (MACD)
    • Developed by Gerald Appel
    Hull Moving Average (HMA)
    • Developed by Alan Hull to address the lag in traditional moving averages

  • Sarcastic Fact 😉
    A humorous or ironic observation about the trading indicator
    Elder Triple Screen
    • Jokingly referred to as the "three-headed monster" of trading systems
    Moving Average Convergence Divergence (MACD)
    • Even your grandma knows this one but still can't use it properly
    Hull Moving Average (HMA)
    • Humorously called the 'moving average on steroids' by some traders

Application Comparison

  • Timeframe 🕑
    The time intervals or periods for which the trading indicator is most effective or commonly used.
    Elder Triple Screen
    • Weekly
      Elder Triple Screen is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
    • Daily
      Elder Triple Screen is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
    • Hourly
      Elder Triple Screen is most effective for Hourly timeframes. Indicators tailored for hourly chart analysis, ideal for day traders and short-term strategies.
    Moving Average Convergence Divergence (MACD)
    • Daily
      Moving Average Convergence Divergence (MACD) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
    • Weekly
      Moving Average Convergence Divergence (MACD) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
    Hull Moving Average (HMA)
    • Any
      Hull Moving Average (HMA) is most effective for Any timeframes. Flexible indicators adaptable to various trading timeframes, offering versatility in analysis.

Technical Details Comparison

Evaluation Comparison

Performance Metrics Comparison

Alternatives to Elder Triple Screen
Elder-Ray Index
Known for Combining Trend And Momentum
💻 is easier to use than Elder Triple Screen
Ichimoku Cloud
Known for All-In-One Indicator
💻 is easier to use than Elder Triple Screen
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
💻 is easier to use than Elder Triple Screen
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
💻 is easier to use than Elder Triple Screen
Fast Stochastic
Known for Rapid Momentum Shifts
💻 is easier to use than Elder Triple Screen
Know Sure Thing (KST)
Known for Trend Strength Measurement
💻 is easier to use than Elder Triple Screen
Moving Average Envelope
Known for Price Range Visualization
💻 is easier to use than Elder Triple Screen
Average Directional Index (ADX)
Known for Trend Strength Without Direction
💻 is easier to use than Elder Triple Screen
Guppy Multiple Moving Average
Known for Visualizing Short-Term And Long-Term Trends
💻 is easier to use than Elder Triple Screen
Exponential Moving Average (EMA)
Known for Smooth Price Movements
💻 is easier to use than Elder Triple Screen
⭐ is rated higher overall than Elder Triple Screen