Percentage Price Oscillator (PPO) vs Guppy Multiple Moving Average vs McGinley Dynamic Indicator
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Percentage Price Oscillator (PPO) vs Guppy Multiple Moving Average vs McGinley Dynamic Indicator

Table of content

General Information Comparison

Characteristics Comparison

Facts Comparison

  • Interesting Fact 💡
    An intriguing or lesser-known fact about the trading indicator
    Percentage Price Oscillator (PPO)
    • Similar to MACD but uses percentage for comparison
    Guppy Multiple Moving Average
    • Developed by Australian trader Daryl Guppy
    McGinley Dynamic Indicator
    • Developed by John R. McGinley to address the lag in traditional moving averages

  • Sarcastic Fact 😉
    A humorous or ironic observation about the trading indicator
    Percentage Price Oscillator (PPO)
    • It's the MACD's hipster cousin
    Guppy Multiple Moving Average
    • Sometimes looks like a colorful spaghetti mess on the chart
    McGinley Dynamic Indicator
    • So smooth it might make other indicators jealous

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.
    • Weekly
      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
    Percentage Price Oscillator (PPO)
    • Useful For Comparing Assets
    • Adaptable To Different Timeframes
    Guppy Multiple Moving Average
    • Clear Visual Representation Of Trends
      Indicators offering easy-to-interpret visual cues for market trends
    • Helps Identify Trend Strength
    McGinley Dynamic Indicator
    • Adapts Quickly To Price Changes
    • Reduces Whipsaws In Trending Markets
      Minimizes false signals during strong trends, improving trend-following strategies

  • Cons 👎
    Disadvantages or limitations of the trading indicator
    Percentage Price Oscillator (PPO)
    • Can Produce False Signals In Ranging Markets
    • Requires Context
    Guppy Multiple Moving Average
    • Can Be Overwhelming With Multiple Lines
    • Lag In Fast-Moving Markets
    McGinley Dynamic Indicator

Performance Metrics Comparison

Alternatives to Percentage Price Oscillator (PPO)
Elder-Ray Index
Known for Combining Trend And Momentum
💯 is more reliable than Guppy Multiple Moving Average
🔀 is more versatile than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
Rainbow Moving Average
Known for Visual Representation Of Multiple Timeframes
💻 is easier to use than Guppy Multiple Moving Average
🔀 is more versatile than Guppy Multiple Moving Average
🔧 is more customizable than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
Ichimoku Cloud
Known for All-In-One Indicator
💯 is more reliable than Guppy Multiple Moving Average
🔀 is more versatile than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
Elder Triple Screen
Known for Trend-Momentum Alignment
💯 is more reliable than Guppy Multiple Moving Average
🔀 is more versatile than Guppy Multiple Moving Average
🔧 is more customizable than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
Aroon Up And Down
Known for Identifying Potential Trend Changes
💯 is more reliable than Guppy Multiple Moving Average
💻 is easier to use than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
Average Directional Index (ADX)
Known for Trend Strength Without Direction
💯 is more reliable than Guppy Multiple Moving Average
💻 is easier to use than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
Moving Average Envelope
Known for Price Range Visualization
💯 is more reliable than Guppy Multiple Moving Average
💻 is easier to use than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
💯 is more reliable than Guppy Multiple Moving Average
💻 is easier to use than Guppy Multiple Moving Average
🔀 is more versatile than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average
Linear Regression Indicator
Known for Predicting Price Trends
💯 is more reliable than Guppy Multiple Moving Average
💻 is easier to use than Guppy Multiple Moving Average
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
💯 is more reliable than Guppy Multiple Moving Average
💻 is easier to use than Guppy Multiple Moving Average
⭐ is rated higher overall than Guppy Multiple Moving Average