Compact mode
Hull Moving Average (HMA) vs Ichimoku Cloud vs Guppy Multiple Moving Average
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.For all*- TrendIndicators that help identify and confirm market trends
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.
- ForexIndicators optimized for currency pair trading in the foreign exchange market.
Hull Moving Average (HMA)- CommoditiesThe asset classes Hull Moving Average (HMA) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
- CryptocurrenciesThe asset classes Hull Moving Average (HMA) is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. Click to see all.
Known for 💭
The unique selling point or distinguishing feature of the trading indicatorHull Moving Average (HMA)- Reducing Lag In Moving AveragesHull Moving Average (HMA) is known for Reducing Lag In Moving Averages.
Ichimoku Cloud- All-In-One IndicatorIchimoku Cloud is known for All-In-One Indicator.
Guppy Multiple Moving Average- Visualizing Short-Term And Long-Term TrendsGuppy Multiple Moving Average is known for Visualizing Short-Term And Long-Term Trends.
Made In 🌍
The country or origin of the trading indicatorHull Moving Average (HMA)- AustraliaHull Moving Average (HMA) was developed in Australia. Trading indicators developed by Australian market analysts
Ichimoku CloudGuppy Multiple Moving Average- 1990SGuppy Multiple Moving Average was developed in 1990S. Trading indicators created during the dot-com boom era
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Hull Moving Average (HMA)Ichimoku CloudGuppy Multiple Moving Average- LaggingGuppy Multiple Moving Average is a Lagging indicator. Indicators that confirm trends after they have started
Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorHull Moving Average (HMA)Ichimoku CloudGuppy Multiple Moving AveragePopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityFor all*- MediumIndicators with balanced adoption and potential effectiveness
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorHull Moving Average (HMA)- Developed by Alan Hull to address the lag in traditional moving averages
Ichimoku Cloud- Created by Japanese journalist Goichi Hosoda
Guppy Multiple Moving Average- Developed by Australian trader Daryl Guppy
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorHull Moving Average (HMA)- Humorously called the 'moving average on steroids' by some traders
Ichimoku Cloud- It's like a weather forecast for your trades - often wrong but never in doubt
Guppy Multiple Moving Average- Sometimes looks like a colorful spaghetti mess on the chart
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Hull Moving Average (HMA)- AnyHull Moving Average (HMA) is most effective for Any timeframes. Flexible indicators adaptable to various trading timeframes, offering versatility in analysis.
Ichimoku Cloud- DailyIchimoku Cloud is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- WeeklyIchimoku Cloud is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Guppy Multiple Moving Average- DailyGuppy Multiple Moving Average is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- WeeklyGuppy Multiple Moving Average is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.For all*Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes
Hull Moving Average (HMA)- BreakoutsHull Moving Average (HMA) generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Ichimoku Cloud- BreakoutsIchimoku Cloud generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Guppy Multiple Moving Average- DivergencesGuppy Multiple Moving Average 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*Guppy Multiple Moving Average
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorHull Moving Average (HMA)Ichimoku CloudGuppy Multiple Moving Average- Technical AnalystsGuppy Multiple Moving Average is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.
- Trend FollowersGuppy Multiple Moving Average is designed for Trend Followers. Identifies and confirms long-term market trends, suitable for trend-following strategies Click to see all.
Purpose 📈
The primary purpose or application of the trading indicatorHull Moving Average (HMA)Ichimoku Cloud- Multiple Aspects Of MarketIchimoku Cloud is primarily used for Multiple Aspects Of Market.
Guppy Multiple Moving Average- Trend StrengthGuppy Multiple Moving Average is primarily used for Trend Strength. Tools that assess the power and momentum behind a market trend Click to see all.
- Trend ReversalGuppy Multiple Moving Average is primarily used for Trend Reversal. Indicators that signal potential changes in the current market trend direction Click to see all.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorHull Moving Average (HMA)- Responds Quickly To Price Changes
- Reduces Lag SignificantlyProvides more timely signals, improving trade timing and potentially increasing profits
Ichimoku Cloud- Provides Multiple Signals
- Forward-LookingIndicators designed to anticipate future market movements
Guppy Multiple Moving Average- Clear Visual Representation Of TrendsIndicators offering easy-to-interpret visual cues for market trends
- Helps Identify Trend Strength
Cons 👎
Disadvantages or limitations of the trading indicatorHull Moving Average (HMA)- Can Be Overly Sensitive In Volatile Markets
- Less Commonly Available In Trading PlatformsIndicators not widely available in trading platforms, potentially limiting their use for some traders. Click to see all.
Ichimoku Cloud- Complex To Interpret
- Clutters Charts
Guppy Multiple Moving Average- Can Be Overwhelming With Multiple Lines
- Lag In Fast-Moving Markets
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorHull Moving Average (HMA)Ichimoku CloudGuppy Multiple Moving AverageEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isHull Moving Average (HMA)Ichimoku CloudGuppy Multiple Moving AverageVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesHull Moving Average (HMA)Ichimoku CloudGuppy Multiple Moving AverageCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorHull Moving Average (HMA)- 7The customization score for Hull Moving Average (HMA) is 7 out of 10.
Ichimoku Cloud- 7.5The customization score for Ichimoku Cloud is 7.5 out of 10.
Guppy Multiple Moving Average- 7.5The customization score for Guppy Multiple Moving Average is 7.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsHull Moving Average (HMA)Ichimoku CloudGuppy Multiple Moving Average
Alternatives to Hull Moving Average (HMA)
Elder Triple Screen
Known for Trend-Momentum Alignment
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is more reliable than Ichimoku Cloud
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is more customizable than Ichimoku Cloud
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is rated higher overall than Ichimoku Cloud
Moving Average Envelope
Known for Price Range Visualization
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is easier to use than Ichimoku Cloud
⭐
is rated higher overall than Ichimoku Cloud
Linear Regression Indicator
Known for Predicting Price Trends
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is easier to use than Ichimoku Cloud
Aroon Indicator
Known for Measuring Time Between Highs And Lows
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is easier to use than Ichimoku Cloud
Keltner Channels
Known for Combining Moving Averages With Volatility
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is easier to use than Ichimoku Cloud
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is more customizable than Ichimoku Cloud
Chaikin Oscillator
Known for Accumulation/Distribution Trends
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is easier to use than Ichimoku Cloud
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
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is easier to use than Ichimoku Cloud
Elder Impulse System
Known for Combining Trend And Momentum
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is easier to use than Ichimoku Cloud
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
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is easier to use than Ichimoku Cloud