Compact mode
Moving Average Envelope vs Simple Moving Average (SMA) vs Ichimoku Cloud
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.
Moving Average EnvelopeSimple Moving Average (SMA)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorMoving Average Envelope- Price Range VisualizationMoving Average Envelope is known for Price Range Visualization.
Simple Moving Average (SMA)- Smooth Price MovementsSimple Moving Average (SMA) is known for Smooth Price Movements.
Ichimoku Cloud- All-In-One IndicatorIchimoku Cloud is known for All-In-One Indicator.
Made In 🌍
The country or origin of the trading indicatorMoving Average Envelope- United StatesMoving Average Envelope was developed in United States. Indicators developed in the USA, reflecting American trading principles
Simple Moving Average (SMA)- United StatesSimple Moving Average (SMA) was developed in United States. Indicators developed in the USA, reflecting American trading principles
Ichimoku Cloud
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Moving Average Envelope- LaggingMoving Average Envelope is a Lagging indicator. Indicators that confirm trends after they have started
Simple Moving Average (SMA)- LaggingSimple Moving Average (SMA) is a Lagging indicator. Indicators that confirm trends after they have started
Ichimoku CloudComplexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorMoving Average EnvelopeSimple Moving Average (SMA)Ichimoku CloudPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityMoving Average Envelope- MediumThe popularity of Moving Average Envelope among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Simple Moving Average (SMA)- HighThe popularity of Simple Moving Average (SMA) among traders is considered High. Widely used and trusted indicators in the trading community
Ichimoku Cloud- MediumThe popularity of Ichimoku Cloud among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorMoving Average Envelope- Envelopes typically use 2% above and below the moving average
Simple Moving Average (SMA)- Oldest and most basic technical indicator
Ichimoku Cloud- Created by Japanese journalist Goichi Hosoda
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorMoving Average Envelope- Often mistaken for Bollinger Bands by novice traders
Simple Moving Average (SMA)- Even your grandma could calculate it
Ichimoku Cloud- It's like a weather forecast for your trades - often wrong but never in doubt
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*- DailyIndicators optimized for daily chart analysis, suitable for swing and position traders.
Moving Average Envelope- WeeklyMoving Average Envelope is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Ichimoku Cloud- WeeklyIchimoku Cloud 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 signalsMoving Average Envelope- BreakoutsMoving Average Envelope generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Simple Moving Average (SMA)- CrossoversSimple Moving Average (SMA) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Ichimoku Cloud- CrossoversIchimoku Cloud generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- BreakoutsIchimoku Cloud generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Moving Average Envelope
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMoving Average EnvelopeSimple Moving Average (SMA)- BeginnersSimple Moving Average (SMA) is designed for Beginners. Simple and easy-to-understand tools for novice traders Click to see all.
- Long-Term InvestorsSimple Moving Average (SMA) is designed for Long-Term Investors. Emphasizes long-term trends and fundamental analysis, suited for buy-and-hold strategies Click to see all.
Ichimoku CloudPurpose 📈
The primary purpose or application of the trading indicatorMoving Average EnvelopeSimple Moving Average (SMA)- Trend IdentificationSimple Moving Average (SMA) is primarily used for Trend Identification. Tools that help traders recognize and confirm established market trends Click to see all.
- Support And ResistanceSimple Moving Average (SMA) is primarily used for Support And Resistance. Indicators that identify key price levels where trends may pause or reverse Click to see all.
Ichimoku Cloud- Multiple Aspects Of MarketIchimoku Cloud is primarily used for Multiple Aspects Of Market.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMoving Average Envelope- Simple To Understand And Implement
- Helps Identify Overbought/Oversold ConditionsSignals when an asset may be overvalued or undervalued, helping traders spot potential reversals
Simple Moving Average (SMA)- Easy To UnderstandIndicators with straightforward concepts and interpretations
- Widely UsedPopular indicators trusted by many traders for market analysis
Ichimoku Cloud- Provides Multiple Signals
- Forward-LookingIndicators designed to anticipate future market movements
Cons 👎
Disadvantages or limitations of the trading indicatorMoving Average Envelope- Can Be Late In Signaling Trend ReversalsIndicators that excel in early trend reversal detection, minimizing delays in signaling changes Click to see all.
- Effectiveness Varies In Different Market Conditions
Simple Moving Average (SMA)- Lag In Fast-Moving Markets
- May Miss Sudden Price ChangesIndicates that some indicators might not capture rapid market movements effectively. Click to see all.
Ichimoku Cloud- Complex To Interpret
- Clutters Charts
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoving Average EnvelopeSimple Moving Average (SMA)Ichimoku CloudEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoving Average EnvelopeSimple Moving Average (SMA)Ichimoku CloudVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoving Average EnvelopeSimple Moving Average (SMA)Ichimoku CloudCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorMoving Average Envelope- 7.5The customization score for Moving Average Envelope is 7.5 out of 10.
Simple Moving Average (SMA)- 6The customization score for Simple Moving Average (SMA) is 6 out of 10.
Ichimoku Cloud- 7.5The customization score for Ichimoku Cloud is 7.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsMoving Average EnvelopeSimple Moving Average (SMA)Ichimoku Cloud
Alternatives to Moving Average Envelope
Elder Triple Screen
Known for Trend-Momentum Alignment
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is more reliable than Moving Average Envelope
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is more versatile than Moving Average Envelope
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is more customizable than Moving Average Envelope
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is rated higher overall than Moving Average Envelope
Directional Movement Index (DMI)
Known for Strength Of Price Movement
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is more reliable than Moving Average Envelope
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is more versatile than Moving Average Envelope
Keltner Channels
Known for Combining Moving Averages With Volatility
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is more versatile than Moving Average Envelope
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is more customizable than Moving Average Envelope
Price Channel
Known for Range-Bound Trading
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is easier to use than Moving Average Envelope
Donchian Channels
Known for Simplicity And Effectiveness
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is more reliable than Moving Average Envelope
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is rated higher overall than Moving Average Envelope
Exponential Moving Average (EMA)
Known for Smooth Price Movements
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is more reliable than Moving Average Envelope
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is easier to use than Moving Average Envelope
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is more versatile than Moving Average Envelope
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is rated higher overall than Moving Average Envelope
Hull Moving Average (HMA)
Known for Reducing Lag In Moving Averages
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is more reliable than Moving Average Envelope
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is more versatile than Moving Average Envelope
Average Directional Index (ADX)
Known for Trend Strength Without Direction
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is more reliable than Moving Average Envelope
🔀
is more versatile than Moving Average Envelope