Compact mode
Hull Moving Average (HMA) vs Stochastic RSI vs Triple Exponential Average (TRIX)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Hull Moving Average (HMA)- TrendHull Moving Average (HMA) is a Trend type indicator. Indicators that help identify and confirm market trends
Stochastic RSITriple Exponential Average (TRIX)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.
Stochastic RSI- CommoditiesThe asset classes Stochastic RSI 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 Stochastic RSI 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.
Stochastic RSI- Combining Strengths Of Two Popular IndicatorsStochastic RSI is known for Combining Strengths Of Two Popular Indicators.
Triple Exponential Average (TRIX)- Filtering Out Market NoiseTriple Exponential Average (TRIX) is known for Filtering Out Market Noise.
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
Stochastic RSI- UnknownStochastic RSI was developed in Unknown. Indicators with undisclosed country of origin, focusing on performance
Triple Exponential Average (TRIX)- United StatesTriple Exponential Average (TRIX) was developed in United States. Indicators 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.For all*Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorHull Moving Average (HMA)Stochastic RSITriple Exponential Average (TRIX)Popularity 🏆
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
Stochastic RSI- Combines two of the most popular indicators: Stochastic and RSI
Triple Exponential Average (TRIX)- Combines triple smoothing with momentum
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorHull Moving Average (HMA)- Humorously called the 'moving average on steroids' by some traders
Stochastic RSI- Sarcastically referred to as the 'indicator inception' due to its nested nature
Triple Exponential Average (TRIX)- It's like a smoothie blender for price data
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.
Stochastic RSI- AnyStochastic RSI is most effective for Any timeframes. Flexible indicators adaptable to various trading timeframes, offering versatility in analysis.
Triple Exponential Average (TRIX)- DailyTriple Exponential Average (TRIX) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- WeeklyTriple Exponential Average (TRIX) 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.Hull Moving Average (HMA)Stochastic RSITriple Exponential Average (TRIX)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
Stochastic RSI- ThresholdsStochastic RSI generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Triple Exponential Average (TRIX)- DivergencesTriple Exponential Average (TRIX) 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 indicatorHull Moving Average (HMA)Stochastic RSI- RSI PeriodStochastic RSI offers customization options for RSI Period. Allows customization of Relative Strength Index calculation period Click to see all.
- Stochastic PeriodStochastic RSI offers customization options for Stochastic Period. Adjustable period for stochastic calculations Click to see all.
Triple Exponential Average (TRIX)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorHull Moving Average (HMA)Stochastic RSITriple Exponential Average (TRIX)Purpose 📈
The primary purpose or application of the trading indicatorHull Moving Average (HMA)Stochastic RSITriple Exponential Average (TRIX)
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
Stochastic RSI- Highly Sensitive To Price Changes
- Effective For Short-Term Trading
Triple Exponential Average (TRIX)- Reduces WhipsawsMinimizes false signals in volatile markets, improving trade accuracy
- Identifies Major TrendsHighlights significant market movements, helping traders align with dominant trends
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.
Stochastic RSI- Can Produce Frequent Signals
- Prone To Whipsaws In Volatile Markets
Triple Exponential Average (TRIX)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorHull Moving Average (HMA)Stochastic RSITriple Exponential Average (TRIX)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isHull Moving Average (HMA)Stochastic RSITriple Exponential Average (TRIX)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesHull Moving Average (HMA)Stochastic RSITriple Exponential Average (TRIX)Customization 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.
Stochastic RSI- 8The customization score for Stochastic RSI is 8 out of 10.
Triple Exponential Average (TRIX)- 7The customization score for Triple Exponential Average (TRIX) is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsHull Moving Average (HMA)Stochastic RSITriple Exponential Average (TRIX)
Alternatives to Hull Moving Average (HMA)
Rate Of Change (ROC)
Known for Speed Of Price Changes
💻
is easier to use than Stochastic RSI
Elder Triple Screen
Known for Trend-Momentum Alignment
💯
is more reliable than Stochastic RSI
🔀
is more versatile than Stochastic RSI
🔧
is more customizable than Stochastic RSI
⭐
is rated higher overall than Stochastic RSI
Relative Strength Index (RSI)
Known for Momentum Measurement
💻
is easier to use than Stochastic RSI
Stochastic Oscillator
Known for Momentum And Trend Reversal
💻
is easier to use than Stochastic RSI