Compact mode
Moving Average Envelope vs Simple Moving Average (SMA) vs Detrended Price Oscillator (DPO)
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*Moving Average Envelope- ForexThe asset classes Moving Average Envelope is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
- CommoditiesThe asset classes Moving Average Envelope is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Simple Moving Average (SMA)- ForexThe asset classes Simple Moving Average (SMA) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
- CryptocurrenciesThe asset classes Simple Moving Average (SMA) is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. Click to see all.
Detrended Price Oscillator (DPO)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.
Detrended Price Oscillator (DPO)- Eliminating Long-Term TrendsDetrended Price Oscillator (DPO) is known for Eliminating Long-Term Trends.
Made In 🌍
The country or origin of the trading indicatorFor all*- United StatesIndicators developed in the USA, reflecting American trading principles
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
Detrended Price Oscillator (DPO)Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorMoving Average EnvelopeSimple Moving Average (SMA)Detrended Price Oscillator (DPO)Popularity 🏆
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
Detrended Price Oscillator (DPO)- LowThe popularity of Detrended Price Oscillator (DPO) among traders is considered Low. Indicators with lower adoption but potential unique insights
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
Detrended Price Oscillator (DPO)- Designed to eliminate trend from price
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
Detrended Price Oscillator (DPO)- It's like a time machine for price trends
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.
Detrended Price Oscillator (DPO)- WeeklyDetrended Price Oscillator (DPO) 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.Moving Average EnvelopeSimple Moving Average (SMA)Detrended Price Oscillator (DPO)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
Detrended Price Oscillator (DPO)- CyclesDetrended Price Oscillator (DPO) generates trading signals through Cycles. Indicators that identify recurring patterns or cycles in market movements
- DivergencesDetrended Price Oscillator (DPO) 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*Moving Average EnvelopeDetrended Price Oscillator (DPO)
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.
Detrended Price Oscillator (DPO)Purpose 📈
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.
Detrended Price Oscillator (DPO)- Identifying Cycles And TrendsDetrended Price Oscillator (DPO) is primarily used for Identifying Cycles And Trends.
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
Detrended Price Oscillator (DPO)- Helps Identify Cycles
- Removes Long-Term Trend Bias
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.
Detrended Price Oscillator (DPO)- Complex Interpretation
- Limited Use In Strong Trends
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoving Average EnvelopeSimple Moving Average (SMA)Detrended Price Oscillator (DPO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoving Average EnvelopeSimple Moving Average (SMA)Detrended Price Oscillator (DPO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoving Average EnvelopeSimple Moving Average (SMA)Detrended Price Oscillator (DPO)Customization 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.
Detrended Price Oscillator (DPO)- 7.5The customization score for Detrended Price Oscillator (DPO) is 7.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsMoving Average EnvelopeSimple Moving Average (SMA)Detrended Price Oscillator (DPO)
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Price Channel
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Exponential Moving Average (EMA)
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Average Directional Index (ADX)
Known for Trend Strength Without Direction
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Hull Moving Average (HMA)
Known for Reducing Lag In Moving Averages
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is more versatile than Moving Average Envelope