Compact mode
Know Sure Thing (KST) vs Volume Weighted Moving Average (VWMA) vs McGinley Dynamic Indicator
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Know Sure Thing (KST)Volume Weighted Moving Average (VWMA)- VolumeVolume Weighted Moving Average (VWMA) is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
McGinley Dynamic Indicator- TrendMcGinley Dynamic Indicator 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*Know Sure Thing (KST)Volume Weighted Moving Average (VWMA)McGinley Dynamic IndicatorKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorKnow Sure Thing (KST)- Trend Strength MeasurementKnow Sure Thing (KST) is known for Trend Strength Measurement.
Volume Weighted Moving Average (VWMA)- Incorporating Volume Into Moving AveragesVolume Weighted Moving Average (VWMA) is known for Incorporating Volume Into Moving Averages.
McGinley Dynamic Indicator- Improving On Traditional Moving AveragesMcGinley Dynamic Indicator is known for Improving On Traditional Moving Averages.
Made In 🌍
The country or origin of the trading indicatorKnow Sure Thing (KST)- United StatesKnow Sure Thing (KST) was developed in United States. Indicators developed in the USA, reflecting American trading principles
Volume Weighted Moving Average (VWMA)McGinley Dynamic Indicator
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Know Sure Thing (KST)Volume Weighted Moving Average (VWMA)- LaggingVolume Weighted Moving Average (VWMA) is a Lagging indicator. Indicators that confirm trends after they have started
McGinley Dynamic Indicator- LaggingMcGinley Dynamic Indicator is a Lagging indicator. Indicators that confirm trends after they have started
Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorKnow Sure Thing (KST)Volume Weighted Moving Average (VWMA)McGinley Dynamic IndicatorPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityKnow Sure Thing (KST)- LowThe popularity of Know Sure Thing (KST) among traders is considered Low. Indicators with lower adoption but potential unique insights
Volume Weighted Moving Average (VWMA)- MediumThe popularity of Volume Weighted Moving Average (VWMA) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
McGinley Dynamic Indicator- LowThe popularity of McGinley Dynamic Indicator 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 indicatorKnow Sure Thing (KST)- Developed by Martin Pring
Volume Weighted Moving Average (VWMA)- Popular among algorithmic and high-frequency traders
McGinley Dynamic Indicator- Developed by John R. McGinley to address the lag in traditional moving averages
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorKnow Sure Thing (KST)- It's like a Swiss Army knife for trend analysis
Volume Weighted Moving Average (VWMA)- So weighted it might sink your chart
McGinley Dynamic Indicator- So smooth it might make other indicators jealous
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.
Know Sure Thing (KST)- WeeklyKnow Sure Thing (KST) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Volume Weighted Moving Average (VWMA)- IntradayVolume Weighted Moving Average (VWMA) is most effective for Intraday timeframes. Indicators designed for short-term, within-day trading analysis and quick decision-making.
McGinley Dynamic Indicator- WeeklyMcGinley Dynamic Indicator 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.Know Sure Thing (KST)Volume Weighted Moving Average (VWMA)- Moving AveragesVolume Weighted Moving Average (VWMA) uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.
- VolumeVolume Weighted Moving Average (VWMA) uses the Volume calculation method. Indicators using trading volume data to analyze market trends and momentum. Click to see all.
McGinley Dynamic IndicatorSignal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes
Know Sure Thing (KST)- DivergencesKnow Sure Thing (KST) 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*Know Sure Thing (KST)Volume Weighted Moving Average (VWMA)McGinley Dynamic Indicator
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorKnow Sure Thing (KST)Volume Weighted Moving Average (VWMA)- Day TradersVolume Weighted Moving Average (VWMA) is designed for Day Traders. Tools optimized for short-term intraday trading decisions Click to see all.
- Institutional TradersVolume Weighted Moving Average (VWMA) is designed for Institutional Traders. Tailored for large-scale trading decisions and portfolio management Click to see all.
McGinley Dynamic Indicator- Technical AnalystsMcGinley Dynamic Indicator is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.
- Trend FollowersMcGinley Dynamic Indicator is designed for Trend Followers. Identifies and confirms long-term market trends, suitable for trend-following strategies Click to see all.
Purpose 📈
The primary purpose or application of the trading indicatorKnow Sure Thing (KST)Volume Weighted Moving Average (VWMA)- Support/ResistanceVolume Weighted Moving Average (VWMA) is primarily used for Support/Resistance. Indicators that highlight price levels where trends may stall or reverse Click to see all.
- Trend ConfirmationVolume Weighted Moving Average (VWMA) is primarily used for Trend Confirmation. Indicators that validate the strength and direction of price movements Click to see all.
McGinley Dynamic Indicator- Trend IdentificationMcGinley Dynamic Indicator is primarily used for Trend Identification. Tools that help traders recognize and confirm established market trends Click to see all.
- Support/ResistanceMcGinley Dynamic Indicator is primarily used for Support/Resistance. Indicators that highlight price levels where trends may stall or reverse Click to see all.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorKnow Sure Thing (KST)- Incorporates Multiple Timeframes
- Smooth Signals
Volume Weighted Moving Average (VWMA)- Adds Volume Context To Price Movements
- Less Susceptible To Price Spikes
McGinley Dynamic Indicator- Adapts Quickly To Price Changes
- Reduces Whipsaws In Trending MarketsMinimizes false signals during strong trends, improving trend-following strategies
Cons 👎
Disadvantages or limitations of the trading indicatorKnow Sure Thing (KST)- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Less Widely KnownRefers to trading indicators that are not as popular or commonly used by traders. Click to see all.
Volume Weighted Moving Average (VWMA)- Can Be Less Effective In Low-Volume Markets
- More Complex Than Simple Moving AveragesDescribes indicators that involve more intricate calculations than basic moving averages. Click to see all.
McGinley Dynamic Indicator
Performance Metrics Comparison
Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isKnow Sure Thing (KST)Volume Weighted Moving Average (VWMA)McGinley Dynamic IndicatorVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesKnow Sure Thing (KST)Volume Weighted Moving Average (VWMA)McGinley Dynamic IndicatorCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorKnow Sure Thing (KST)- 7.5The customization score for Know Sure Thing (KST) is 7.5 out of 10.
Volume Weighted Moving Average (VWMA)- 6.5The customization score for Volume Weighted Moving Average (VWMA) is 6.5 out of 10.
McGinley Dynamic Indicator- 6.5The customization score for McGinley Dynamic Indicator is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsKnow Sure Thing (KST)Volume Weighted Moving Average (VWMA)McGinley Dynamic Indicator
Alternatives to Know Sure Thing (KST)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
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is easier to use than Volume Weighted Moving Average (VWMA)
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is rated higher overall than Volume Weighted Moving Average (VWMA)
Chaikin Money Flow Oscillator
Known for Measuring Buying/Selling Pressure
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is more versatile than Volume Weighted Moving Average (VWMA)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
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is more reliable than Volume Weighted Moving Average (VWMA)
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is easier to use than Volume Weighted Moving Average (VWMA)
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is more customizable than Volume Weighted Moving Average (VWMA)
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is rated higher overall than Volume Weighted Moving Average (VWMA)
Guppy Multiple Moving Average
Known for Visualizing Short-Term And Long-Term Trends
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is more versatile than Volume Weighted Moving Average (VWMA)
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is more customizable than Volume Weighted Moving Average (VWMA)
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is rated higher overall than Volume Weighted Moving Average (VWMA)
Aroon Up And Down
Known for Identifying Potential Trend Changes
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is easier to use than Volume Weighted Moving Average (VWMA)
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is rated higher overall than Volume Weighted Moving Average (VWMA)
Average Directional Index (ADX)
Known for Trend Strength Without Direction
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is more reliable than Volume Weighted Moving Average (VWMA)
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is easier to use than Volume Weighted Moving Average (VWMA)
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is more versatile than Volume Weighted Moving Average (VWMA)
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is rated higher overall than Volume Weighted Moving Average (VWMA)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
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is more versatile than Volume Weighted Moving Average (VWMA)
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is more customizable than Volume Weighted Moving Average (VWMA)
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is rated higher overall than Volume Weighted Moving Average (VWMA)
Elder Impulse System
Known for Combining Trend And Momentum
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is easier to use than Volume Weighted Moving Average (VWMA)