Compact mode
Awesome Oscillator (AO) vs Force Index vs Percentage Volume Oscillator (PVO)
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)Force IndexPercentage Volume Oscillator (PVO)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Awesome Oscillator (AO)- ForexThe asset classes Awesome Oscillator (AO) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
- CryptocurrenciesThe asset classes Awesome Oscillator (AO) is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. Click to see all.
Percentage Volume Oscillator (PVO)Known 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.
Force Index- Combining Price Changes With VolumeForce Index is known for Combining Price Changes With Volume.
Percentage Volume Oscillator (PVO)- Identifying Volume TrendsPercentage Volume Oscillator (PVO) is known for Identifying Volume Trends.
Made In 🌍
The country or origin of the trading indicatorAwesome Oscillator (AO)Force IndexPercentage Volume Oscillator (PVO)
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 indicatorFor all*Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityAwesome Oscillator (AO)Force IndexPercentage Volume Oscillator (PVO)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorAwesome Oscillator (AO)- Created by Bill Williams
Force Index- Developed by Dr. Alexander Elder
Percentage Volume Oscillator (PVO)- Adapted from the Percentage Price Oscillator (PPO) for volume analysis
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
Force Index- It's like measuring the market's muscle power
Percentage Volume Oscillator (PVO)- Oscillates so much it might make you seasick
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*Awesome Oscillator (AO)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Awesome Oscillator (AO)Force IndexPercentage Volume Oscillator (PVO)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Awesome Oscillator (AO)Percentage Volume Oscillator (PVO)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Percentage Volume Oscillator (PVO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorAwesome Oscillator (AO)Force IndexPercentage Volume Oscillator (PVO)- Volume AnalystsPercentage Volume Oscillator (PVO) is designed for Volume Analysts. Focuses on trading volume patterns and anomalies, crucial for volume-based analysis Click to see all.
- Momentum TradersPercentage Volume Oscillator (PVO) is designed for Momentum Traders. Identifies and measures strength of price movements, ideal for capturing market momentum Click to see all.
Purpose 📈
The primary purpose or application of the trading indicatorAwesome Oscillator (AO)Force IndexPercentage Volume Oscillator (PVO)- Volume TrendPercentage Volume Oscillator (PVO) is primarily used for Volume Trend. Tools that analyze trading volume patterns over time Click to see all.
- DivergencesPercentage Volume Oscillator (PVO) is primarily used for Divergences.
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 Click to see all.
Force Index- Provides Insight Into Buying/Selling PressureReveals market supply and demand dynamics, aiding in trend prediction Click to see all.
- Confirms Trends
Percentage Volume Oscillator (PVO)- Helps Identify Volume Divergences
- Good For Confirming Price Trends
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.
Force Index- Can Be Volatile In Low-Volume ConditionsIndicators that remain stable and accurate in low-volume trading environments Click to see all.
- Requires Smoothing For Better Signals
Percentage Volume Oscillator (PVO)- Can Be Less Effective In Low-Volume Markets
- Requires Understanding Of Volume AnalysisDescribes indicators that need knowledge of volume interpretation for effective use. Click to see all.
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorAwesome Oscillator (AO)Force IndexPercentage Volume Oscillator (PVO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isAwesome Oscillator (AO)Force IndexPercentage Volume Oscillator (PVO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesAwesome Oscillator (AO)Force IndexPercentage Volume Oscillator (PVO)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorFor all*Score ⭐
The overall score of the trading indicator based on various performance metricsAwesome Oscillator (AO)Force IndexPercentage Volume Oscillator (PVO)
Alternatives to Awesome Oscillator (AO)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise🔀 is more versatile than Awesome Oscillator (AO)
🔧 is more customizable than Awesome Oscillator (AO)
Chaikin Oscillator
Known for Accumulation/Distribution Trends💯 is more reliable than Awesome Oscillator (AO)
🔧 is more customizable than Awesome Oscillator (AO)
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction🔀 is more versatile than Awesome Oscillator (AO)
🔧 is more customizable than Awesome Oscillator (AO)
⭐ is rated higher overall than Awesome Oscillator (AO)
Elder-Ray Index
Known for Combining Trend And Momentum🔀 is more versatile than Awesome Oscillator (AO)
🔧 is more customizable than Awesome Oscillator (AO)
Elder Triple Screen
Known for Trend-Momentum Alignment💯 is more reliable than Awesome Oscillator (AO)
🔀 is more versatile than Awesome Oscillator (AO)
🔧 is more customizable than Awesome Oscillator (AO)
⭐ is rated higher overall than Awesome Oscillator (AO)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement🔀 is more versatile than Awesome Oscillator (AO)
🔧 is more customizable than Awesome Oscillator (AO)
⭐ is rated higher overall than Awesome Oscillator (AO)
Momentum Indicator
Known for Price Velocity💻 is easier to use than Awesome Oscillator (AO)
🔀 is more versatile than Awesome Oscillator (AO)