Guppy Multiple Moving Average vs Price Channel vs Volume Weighted Moving Average (VWMA)
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Guppy Multiple Moving Average vs Price Channel vs Volume Weighted Moving Average (VWMA)

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
    Price Channel
    • Originally popularized by Richard Donchian in the 1950s
    Volume Weighted Moving Average (VWMA)
    • Popular among algorithmic and high-frequency traders

  • 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
    Price Channel
    • Sometimes called the "rich man's Bollinger Bands" due to its simplicity
    Volume Weighted Moving Average (VWMA)
    • So weighted it might sink your chart

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.
    Price Channel
    • Weekly
      Price Channel is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
    Volume Weighted Moving Average (VWMA)
    • Intraday
      Volume Weighted Moving Average (VWMA) is most effective for Intraday timeframes. Indicators designed for short-term, within-day trading analysis and quick decision-making.

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
    Price Channel
    • Easy To Interpret Visually
      Indicators with clear visual representations for quick market analysis
    • Useful For Identifying Breakouts
    Volume Weighted Moving Average (VWMA)
    • Adds Volume Context To Price Movements
    • Less Susceptible To Price Spikes

  • Cons 👎
    Disadvantages or limitations of the trading indicator
    Guppy Multiple Moving Average
    • Can Be Overwhelming With Multiple Lines
    • Lag In Fast-Moving Markets
    Price Channel
    • Can Be Slow To React To Trend Changes
    • May Generate False Signals In Choppy Markets
    Volume Weighted Moving Average (VWMA)

Performance Metrics Comparison

Alternatives to Guppy Multiple Moving Average
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
McGinley Dynamic Indicator
Known for Improving On Traditional Moving Averages
💯 is more reliable than Guppy Multiple Moving Average
💻 is easier to use 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
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⭐ 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
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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
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
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
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement
💻 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
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