Compact mode
Average Directional Index (ADX) vs Parabolic SAR vs Vortex Indicator (VI)
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*Average Directional Index (ADX)- StocksThe asset classes Average Directional Index (ADX) is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.
- CommoditiesThe asset classes Average Directional Index (ADX) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Parabolic SARVortex Indicator (VI)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorAverage Directional Index (ADX)- Trend Strength Without DirectionAverage Directional Index (ADX) is known for Trend Strength Without Direction.
Parabolic SAR- Trend Reversal And Exit PointsParabolic SAR is known for Trend Reversal And Exit Points.
Vortex Indicator (VI)- Trend Reversal DetectionVortex Indicator (VI) is known for Trend Reversal Detection.
Made In 🌍
The country or origin of the trading indicatorAverage Directional Index (ADX)- 1978Average Directional Index (ADX) was developed in 1978. Trading indicators specifically developed in 1978
Parabolic SAR- 1978Parabolic SAR was developed in 1978. Trading indicators specifically developed in 1978
Vortex Indicator (VI)- AustraliaVortex Indicator (VI) was developed in Australia. Trading indicators developed by Australian market analysts
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.For all*- LaggingIndicators that confirm trends after they have started
Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorFor all*Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityAverage Directional Index (ADX)- MediumThe popularity of Average Directional Index (ADX) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Parabolic SAR- MediumThe popularity of Parabolic SAR among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Vortex Indicator (VI)- LowThe popularity of Vortex Indicator (VI) 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 indicatorAverage Directional Index (ADX)- Part of the Directional Movement System
Parabolic SAR- SAR stands for "Stop And Reverse"
Vortex Indicator (VI)- Inspired by the vortex concept in fluid dynamics
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorAverage Directional Index (ADX)- It's like a gym membership - tells you how strong the trend is but not where it's going
Parabolic SAR- It's like a clingy ex - always trying to catch up with the price
Vortex Indicator (VI)- It's like a weather vane for market 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.
Average Directional Index (ADX)- WeeklyAverage Directional Index (ADX) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Parabolic SAR- 1-HourParabolic SAR is most effective for 1-Hour timeframes. Indicators optimized for analyzing market data on a 1-hour timeframe
- 4-HourParabolic SAR is most effective for 4-Hour timeframes. Indicators designed for analyzing market data on a 4-hour timeframe
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Average Directional Index (ADX)Parabolic SARVortex Indicator (VI)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsAverage Directional Index (ADX)- ThresholdsAverage Directional Index (ADX) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Parabolic SAR- BreakoutsParabolic SAR generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Vortex Indicator (VI)- CrossoversVortex Indicator (VI) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorAverage Directional Index (ADX)Parabolic SARVortex Indicator (VI)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorAverage Directional Index (ADX)Parabolic SARVortex Indicator (VI)Purpose 📈
The primary purpose or application of the trading indicatorAverage Directional Index (ADX)Parabolic SARVortex Indicator (VI)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorAverage Directional Index (ADX)- Effective For Identifying Strong Trends
- Non-DirectionalProvides market insights without predicting price direction, useful for various strategies
Parabolic SAR- Provides Clear Entry/Exit SignalsOffers precise timing for opening and closing trades, enhancing trade management
- Works Well In Trending MarketsIndicators that excel at identifying and confirming strong market trends
Vortex Indicator (VI)- Simple To Interpret
- Effective In Trending Markets
Cons 👎
Disadvantages or limitations of the trading indicatorAverage Directional Index (ADX)- Doesn't Indicate Trend DirectionIndicators that don't reveal trend direction, potentially missing important market context. Click to see all.
- Lagging IndicatorIndicators that follow price action, potentially delaying trading signals in fast-moving markets. Click to see all.
Parabolic SAR- Prone To Whipsaws In Ranging Markets
Vortex Indicator (VI)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorAverage Directional Index (ADX)Parabolic SARVortex Indicator (VI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isAverage Directional Index (ADX)Parabolic SARVortex Indicator (VI)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesAverage Directional Index (ADX)Parabolic SARVortex Indicator (VI)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorAverage Directional Index (ADX)- 6.5The customization score for Average Directional Index (ADX) is 6.5 out of 10.
Parabolic SAR- 6The customization score for Parabolic SAR is 6 out of 10.
Vortex Indicator (VI)- 6The customization score for Vortex Indicator (VI) is 6 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsAverage Directional Index (ADX)Parabolic SARVortex Indicator (VI)
Alternatives to Average Directional Index (ADX)
Price Channel
Known for Range-Bound Trading
💻
is easier to use than Parabolic SAR
⭐
is rated higher overall than Parabolic SAR
Linear Regression Indicator
Known for Predicting Price Trends
🔀
is more versatile than Parabolic SAR
Elder Impulse System
Known for Combining Trend And Momentum
💻
is easier to use than Parabolic SAR
Heikin Ashi Candlesticks
Known for Smoothing Price Action
💻
is easier to use than Parabolic SAR
🔀
is more versatile than Parabolic SAR
⭐
is rated higher overall than Parabolic SAR
Zigzag Indicator
Known for Filtering Market Noise
🔀
is more versatile than Parabolic SAR
🔧
is more customizable than Parabolic SAR
⭐
is rated higher overall than Parabolic SAR
Slow Stochastic
Known for Momentum Measurement
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is more reliable than Parabolic SAR
⭐
is rated higher overall than Parabolic SAR
Directional Movement Index (DMI)
Known for Strength Of Price Movement
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is more reliable than Parabolic SAR
🔀
is more versatile than Parabolic SAR
🔧
is more customizable than Parabolic SAR
⭐
is rated higher overall than Parabolic SAR
Moving Average Envelope
Known for Price Range Visualization
💯
is more reliable than Parabolic SAR
💻
is easier to use than Parabolic SAR
🔀
is more versatile than Parabolic SAR
🔧
is more customizable than Parabolic SAR
⭐
is rated higher overall than Parabolic SAR
Donchian Channels
Known for Simplicity And Effectiveness
💯
is more reliable than Parabolic SAR
💻
is easier to use than Parabolic SAR
🔀
is more versatile than Parabolic SAR
🔧
is more customizable than Parabolic SAR
⭐
is rated higher overall than Parabolic SAR
McGinley Dynamic Indicator
Known for Improving On Traditional Moving Averages
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is more versatile than Parabolic SAR
🔧
is more customizable than Parabolic SAR
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is rated higher overall than Parabolic SAR