Compact mode
Awesome Oscillator (AO) vs Supertrend Indicator vs Trend Magic
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Awesome Oscillator (AO)Supertrend Indicator- TrendSupertrend Indicator is a Trend type indicator. Indicators that help identify and confirm market trends
Trend Magic- TrendTrend Magic is a Trend type indicator. Indicators that help identify and confirm market trends
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*- ForexIndicators optimized for currency pair trading in the foreign exchange market.
- CryptocurrenciesIndicators tailored for the volatile and 24/7 nature of cryptocurrency trading.
Awesome Oscillator (AO)Supertrend IndicatorKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorAwesome Oscillator (AO)- Simplicity And EffectivenessAwesome Oscillator (AO) is known for Simplicity And Effectiveness.
Supertrend Indicator- Simplifying Trend FollowingSupertrend Indicator is known for Simplifying Trend Following.
Trend Magic- Simplifying Trend AnalysisTrend Magic is known for Simplifying Trend Analysis.
Made In 🌍
The country or origin of the trading indicatorAwesome Oscillator (AO)- United StatesAwesome Oscillator (AO) was developed in United States. Indicators developed in the USA, reflecting American trading principles
Supertrend Indicator- 2000SSupertrend Indicator was developed in 2000S. Trading indicators developed in the early 21st century
Trend Magic- 2000STrend Magic was developed in 2000S. Trading indicators developed in the early 21st century
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 indicatorAwesome Oscillator (AO)Supertrend IndicatorTrend MagicPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityAwesome Oscillator (AO)- MediumThe popularity of Awesome Oscillator (AO) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Supertrend Indicator- HighThe popularity of Supertrend Indicator among traders is considered High. Widely used and trusted indicators in the trading community
Trend Magic- LowThe popularity of Trend Magic 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 indicatorAwesome Oscillator (AO)- Created by Bill Williams
Supertrend Indicator- Popular among algorithmic traders for its simplicity
Trend Magic- Created by an anonymous trader and gained popularity in online forums
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorAwesome Oscillator (AO)- It's like a mood ring for the market's emotional state
Supertrend Indicator- So super it might need a cape and tights
Trend Magic- So magical it might turn your losses into rabbits
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.
- WeeklyIndicators 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.Awesome Oscillator (AO)Supertrend IndicatorTrend MagicSignal Generation 📊
Describes the methods by which the indicator produces trading signalsAwesome Oscillator (AO)- CrossoversAwesome Oscillator (AO) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- DivergencesAwesome Oscillator (AO) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Supertrend Indicator- CrossoversSupertrend Indicator generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Trend Magic- Color-Coded SignalsTrend Magic generates trading signals through Color-Coded Signals. Indicators using different colors to represent various trading signals or conditions
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Supertrend IndicatorTrend Magic
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorAwesome Oscillator (AO)Supertrend Indicator- Trend FollowersSupertrend Indicator is designed for Trend Followers. Identifies and confirms long-term market trends, suitable for trend-following strategies Click to see all.
- Day TradersSupertrend Indicator is designed for Day Traders. Tools optimized for short-term intraday trading decisions Click to see all.
Trend MagicPurpose 📈
The primary purpose or application of the trading indicatorAwesome Oscillator (AO)Supertrend Indicator- Trend DirectionSupertrend Indicator is primarily used for Trend Direction. Indicators that help determine the overall direction of price movement in a market Click to see all.
- Stop Loss PlacementSupertrend Indicator is primarily used for Stop Loss Placement. Indicators that help determine optimal stop loss levels Click to see all.
Trend Magic
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorAwesome Oscillator (AO)- Easy To Interpret
- Helps Identify Momentum ShiftsUseful for spotting changes in market momentum, helping traders time entries and exits
Supertrend Indicator- Easy To Interpret Buy/Sell Signals
- Adapts To Market VolatilityIndicators that adjust to changing market conditions and volatility levels
Trend Magic- Easy To Interpret Color SignalsIndicators using intuitive color schemes for quick signal interpretation
- Filters Out Minor Price MovementsIndicators that focus on significant price changes, ignoring minor fluctuations
Cons 👎
Disadvantages or limitations of the trading indicatorAwesome Oscillator (AO)- Can Be Late In Signaling Trend ChangesIndicators designed to identify potential trend changes as early as possible. Click to see all.
- Requires Confirmation From Price ActionDescribes indicators that need validation from actual price movements before signals are considered reliable. Click to see all.
Supertrend Indicator- Can Give False Signals In Choppy Markets
- Lag In Trend ReversalsIndicators that may be slow to signal trend reversals, potentially delaying important trading decisions. Click to see all.
Trend Magic
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorAwesome Oscillator (AO)Supertrend IndicatorTrend MagicEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isAwesome Oscillator (AO)Supertrend IndicatorTrend MagicVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesAwesome Oscillator (AO)Supertrend IndicatorTrend MagicCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorAwesome Oscillator (AO)- 6.5The customization score for Awesome Oscillator (AO) is 6.5 out of 10.
Supertrend Indicator- 5.5The customization score for Supertrend Indicator is 5.5 out of 10.
Trend Magic- 5.5The customization score for Trend Magic is 5.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsAwesome Oscillator (AO)Supertrend IndicatorTrend Magic
Alternatives to Awesome Oscillator (AO)
Price Channel
Known for Range-Bound Trading
💻
is easier to use than Supertrend Indicator
Momentum Indicator
Known for Price Velocity
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is more versatile than Supertrend Indicator
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is more customizable than Supertrend Indicator
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is rated higher overall than Supertrend Indicator
Stochastic Oscillator
Known for Momentum And Trend Reversal
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is more versatile than Supertrend Indicator
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is more customizable than Supertrend Indicator
⭐
is rated higher overall than Supertrend Indicator
Exponential Moving Average (EMA)
Known for Smooth Price Movements
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is more reliable than Supertrend Indicator
💻
is easier to use than Supertrend Indicator
🔀
is more versatile than Supertrend Indicator
🔧
is more customizable than Supertrend Indicator
⭐
is rated higher overall than Supertrend Indicator
Simple Moving Average (SMA)
Known for Smooth Price Movements
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is more reliable than Supertrend Indicator
💻
is easier to use than Supertrend Indicator
🔀
is more versatile than Supertrend Indicator
🔧
is more customizable than Supertrend Indicator
⭐
is rated higher overall than Supertrend Indicator
Guppy Multiple Moving Average
Known for Visualizing Short-Term And Long-Term Trends
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is more versatile than Supertrend Indicator
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is more customizable than Supertrend Indicator
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction
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is more versatile than Supertrend Indicator
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is more customizable than Supertrend Indicator
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is rated higher overall than Supertrend Indicator
Elder Impulse System
Known for Combining Trend And Momentum
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is more customizable than Supertrend Indicator
Bollinger Bands
Known for Volatility And Trend Strength
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is more reliable than Supertrend Indicator
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is more versatile than Supertrend Indicator
🔧
is more customizable than Supertrend Indicator
⭐
is rated higher overall than Supertrend Indicator