Compact mode
Triple Exponential Average (TRIX) vs Ultimate Oscillator vs Slow Stochastic
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*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.
Slow StochasticKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorTriple Exponential Average (TRIX)- Filtering Out Market NoiseTriple Exponential Average (TRIX) is known for Filtering Out Market Noise.
Ultimate Oscillator- Multi-Timeframe AnalysisUltimate Oscillator is known for Multi-Timeframe Analysis.
Slow Stochastic- Momentum MeasurementSlow Stochastic is known for Momentum Measurement.
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.Triple Exponential Average (TRIX)Ultimate OscillatorSlow Stochastic- LaggingSlow Stochastic is a Lagging indicator. Indicators 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 communityTriple Exponential Average (TRIX)- MediumThe popularity of Triple Exponential Average (TRIX) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Ultimate Oscillator- MediumThe popularity of Ultimate Oscillator among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Slow Stochastic- HighThe popularity of Slow Stochastic among traders is considered High. Widely used and trusted indicators in the trading community
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorTriple Exponential Average (TRIX)- Combines triple smoothing with momentum
Ultimate Oscillator- Created by Larry Williams in 1976
Slow Stochastic- Developed by George Lane in the 1950s
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorTriple Exponential Average (TRIX)- It's like a smoothie blender for price data
Ultimate Oscillator- It's like a three-course meal of technical analysis
Slow Stochastic- Sometimes called the "snail" of indicators due to its slow-moving nature
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.
Triple Exponential Average (TRIX)- 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.Triple Exponential Average (TRIX)Ultimate OscillatorSlow StochasticSignal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*- DivergencesIndicators that show discrepancies between price and indicator movements, suggesting potential reversals
Triple Exponential Average (TRIX)- CrossoversTriple Exponential Average (TRIX) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Ultimate Oscillator- ThresholdsUltimate Oscillator generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Slow Stochastic- CrossoversSlow Stochastic 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 indicatorFor all*Triple Exponential Average (TRIX)Ultimate OscillatorSlow Stochastic
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorTriple Exponential Average (TRIX)Ultimate OscillatorSlow StochasticPurpose 📈
The primary purpose or application of the trading indicatorTriple Exponential Average (TRIX)Ultimate Oscillator- Reducing False DivergencesUltimate Oscillator is primarily used for Reducing False Divergences.
Slow Stochastic
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorTriple 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
Ultimate Oscillator- Combines Short Medium And Long-Term IndicatorsIndicators analyzing short, medium, and long-term market trends simultaneously
- Reduces WhipsawsMinimizes false signals in volatile markets, improving trade accuracy
Slow Stochastic- Helps Identify Potential Reversal PointsSignals possible trend changes, helping traders spot entry and exit opportunities
- Effective In Ranging Markets
Cons 👎
Disadvantages or limitations of the trading indicatorTriple Exponential Average (TRIX)- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Potential Lag In Signals
Ultimate Oscillator- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Requires Context For Interpretation
Slow Stochastic
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorTriple Exponential Average (TRIX)Ultimate OscillatorSlow StochasticEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isTriple Exponential Average (TRIX)Ultimate OscillatorSlow StochasticVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesTriple Exponential Average (TRIX)Ultimate OscillatorSlow StochasticCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorTriple Exponential Average (TRIX)- 7The customization score for Triple Exponential Average (TRIX) is 7 out of 10.
Ultimate Oscillator- 7The customization score for Ultimate Oscillator is 7 out of 10.
Slow Stochastic- 6The customization score for Slow Stochastic is 6 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsTriple Exponential Average (TRIX)Ultimate OscillatorSlow Stochastic
Alternatives to Triple Exponential Average (TRIX)
Elder-Ray Index
Known for Combining Trend And Momentum
🔧
is more customizable than Triple Exponential Average (TRIX)
⭐
is rated higher overall than Triple Exponential Average (TRIX)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
💻
is easier to use than Triple Exponential Average (TRIX)
⭐
is rated higher overall than Triple Exponential Average (TRIX)
Know Sure Thing (KST)
Known for Trend Strength Measurement
🔧
is more customizable than Triple Exponential Average (TRIX)
Volume Oscillator
Known for Volume Divergence
💻
is easier to use than Triple Exponential Average (TRIX)
⭐
is rated higher overall than Triple Exponential Average (TRIX)
Elder Triple Screen
Known for Trend-Momentum Alignment
💯
is more reliable than Triple Exponential Average (TRIX)
🔀
is more versatile than Triple Exponential Average (TRIX)
🔧
is more customizable than Triple Exponential Average (TRIX)
⭐
is rated higher overall than Triple Exponential Average (TRIX)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement
💻
is easier to use than Triple Exponential Average (TRIX)
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction
💻
is easier to use than Triple Exponential Average (TRIX)
🔀
is more versatile than Triple Exponential Average (TRIX)
⭐
is rated higher overall than Triple Exponential Average (TRIX)