Compact mode
Guppy Multiple Moving Average 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.Both*- TrendIndicators that help identify and confirm market trends
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedBoth*Known for 💭
The unique selling point or distinguishing feature of the trading indicatorGuppy Multiple Moving Average- Visualizing Short-Term And Long-Term TrendsGuppy Multiple Moving Average is known for Visualizing Short-Term And Long-Term Trends.
Vortex Indicator (VI)- Trend Reversal DetectionVortex Indicator (VI) is known for Trend Reversal Detection.
Made In 🌍
The country or origin of the trading indicatorGuppy Multiple Moving Average- 1990SGuppy Multiple Moving Average was developed in 1990S. Trading indicators created during the dot-com boom era
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.Both*- LaggingIndicators that confirm trends after they have started
Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityGuppy Multiple Moving Average- MediumThe popularity of Guppy Multiple Moving Average 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 indicatorGuppy Multiple Moving Average- Developed by Australian trader Daryl Guppy
Vortex Indicator (VI)- Inspired by the vortex concept in fluid dynamics
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorGuppy Multiple Moving Average- Sometimes looks like a colorful spaghetti mess on the chart
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.Both*- DailyIndicators optimized for daily chart analysis, suitable for swing and position traders.
Guppy Multiple Moving Average- WeeklyGuppy Multiple Moving Average 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.Guppy Multiple Moving AverageVortex Indicator (VI)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsBoth*- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes
Guppy Multiple Moving Average- DivergencesGuppy Multiple Moving Average 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 indicatorBoth*Guppy Multiple Moving Average
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorBoth*Guppy Multiple Moving AveragePurpose 📈
The primary purpose or application of the trading indicatorGuppy Multiple Moving Average- Trend StrengthGuppy Multiple Moving Average is primarily used for Trend Strength. Tools that assess the power and momentum behind a market trend Click to see all.
- Trend ReversalGuppy Multiple Moving Average is primarily used for Trend Reversal. Indicators that signal potential changes in the current market trend direction Click to see all.
Vortex Indicator (VI)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorGuppy Multiple Moving Average- Clear Visual Representation Of TrendsIndicators offering easy-to-interpret visual cues for market trends
- Helps Identify Trend Strength
Vortex Indicator (VI)- Simple To Interpret
- Effective In Trending Markets
Cons 👎
Disadvantages or limitations of the trading indicatorGuppy Multiple Moving Average- Can Be Overwhelming With Multiple Lines
- Lag In Fast-Moving Markets
Vortex Indicator (VI)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorGuppy Multiple Moving AverageVortex Indicator (VI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isGuppy Multiple Moving AverageVortex Indicator (VI)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesGuppy Multiple Moving AverageVortex Indicator (VI)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorGuppy Multiple Moving Average- 7.5The customization score for Guppy Multiple Moving Average is 7.5 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 metricsGuppy Multiple Moving AverageVortex Indicator (VI)
Alternatives to Guppy Multiple Moving Average
Rainbow Moving Average
Known for Visual Representation Of Multiple Timeframes
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is more versatile than Vortex Indicator (VI)
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is more customizable than Vortex Indicator (VI)
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is rated higher overall than Vortex Indicator (VI)
Elder Impulse System
Known for Combining Trend And Momentum
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is rated higher overall than Vortex Indicator (VI)
Aroon Indicator
Known for Measuring Time Between Highs And Lows
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is more reliable than Vortex Indicator (VI)
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is more versatile than Vortex Indicator (VI)
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is more customizable than Vortex Indicator (VI)
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is rated higher overall than Vortex Indicator (VI)
Slow Stochastic
Known for Momentum Measurement
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is more reliable than Vortex Indicator (VI)
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is rated higher overall than Vortex Indicator (VI)
Directional Movement Index (DMI)
Known for Strength Of Price Movement
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is more reliable than Vortex Indicator (VI)
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is more versatile than Vortex Indicator (VI)
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is more customizable than Vortex Indicator (VI)
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is rated higher overall than Vortex Indicator (VI)
McGinley Dynamic Indicator
Known for Improving On Traditional Moving Averages
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is more reliable than Vortex Indicator (VI)
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is more versatile than Vortex Indicator (VI)
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is more customizable than Vortex Indicator (VI)
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is rated higher overall than Vortex Indicator (VI)
Average Directional Index (ADX)
Known for Trend Strength Without Direction
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is more reliable than Vortex Indicator (VI)
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is more versatile than Vortex Indicator (VI)
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is more customizable than Vortex Indicator (VI)
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is rated higher overall than Vortex Indicator (VI)
Keltner Channels
Known for Combining Moving Averages With Volatility
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is more reliable than Vortex Indicator (VI)
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is more versatile than Vortex Indicator (VI)
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is more customizable than Vortex Indicator (VI)
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is rated higher overall than Vortex Indicator (VI)
Hull Moving Average (HMA)
Known for Reducing Lag In Moving Averages
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is more reliable than Vortex Indicator (VI)
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is more versatile than Vortex Indicator (VI)
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is more customizable than Vortex Indicator (VI)
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is rated higher overall than Vortex Indicator (VI)
Volume Weighted Average Price (VWAP)
Known for Incorporating Volume Into Price Analysis
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is more reliable than Vortex Indicator (VI)
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is rated higher overall than Vortex Indicator (VI)