Compact mode
Detrended Price Oscillator (DPO) vs Balance Of Power (BOP) vs Mass Index
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Detrended Price Oscillator (DPO)Balance of Power (BOP)Mass IndexAsset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Detrended Price Oscillator (DPO)Balance of Power (BOP)Mass IndexKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorDetrended Price Oscillator (DPO)- Eliminating Long-Term TrendsDetrended Price Oscillator (DPO) is known for Eliminating Long-Term Trends.
Balance of Power (BOP)- Measuring Market SentimentBalance of Power (BOP) is known for Measuring Market Sentiment.
Mass Index- Volatility-Based Reversal PredictionMass Index is known for Volatility-Based Reversal Prediction.
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 indicatorDetrended Price Oscillator (DPO)Balance of Power (BOP)Mass IndexPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityFor all*
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorDetrended Price Oscillator (DPO)- Designed to eliminate trend from price
Balance of Power (BOP)- Calculates the strength of buying and selling pressure
Mass Index- Created by Donald Dorsey
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorDetrended Price Oscillator (DPO)- It's like a time machine for price trends
Balance of Power (BOP)- It's like a tug-of-war meter for bulls and bears
Mass Index- It's like predicting market earthquakes
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*Detrended Price Oscillator (DPO)Balance of Power (BOP)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.For all*Signal Generation 📊
Describes the methods by which the indicator produces trading signalsDetrended Price Oscillator (DPO)- CyclesDetrended Price Oscillator (DPO) generates trading signals through Cycles. Indicators that identify recurring patterns or cycles in market movements Click to see all.
- DivergencesDetrended Price Oscillator (DPO) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Balance of Power (BOP)Mass IndexCustomization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorDetrended Price Oscillator (DPO)- PeriodDetrended Price Oscillator (DPO) offers customization options for Period. Enables customization of analysis timeframe Click to see all.
- Cycle LengthDetrended Price Oscillator (DPO) offers customization options for Cycle Length. Allows traders to customize the time frame for pattern recognition Click to see all.
Balance of Power (BOP)Mass Index- PeriodMass Index offers customization options for Period. Enables customization of analysis timeframe Click to see all.
- Bulge ThresholdMass Index offers customization options for Bulge Threshold. Describes indicators that allow setting of levels for identifying significant price movements. Click to see all.
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorDetrended Price Oscillator (DPO)Balance of Power (BOP)Mass IndexPurpose 📈
The primary purpose or application of the trading indicatorDetrended Price Oscillator (DPO)- Identifying Cycles And TrendsDetrended Price Oscillator (DPO) is primarily used for Identifying Cycles And Trends.
Balance of Power (BOP)Mass Index
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorDetrended Price Oscillator (DPO)- Helps Identify Cycles
- Removes Long-Term Trend Bias
Balance of Power (BOP)- No Need For Volume DataUseful for markets or assets where volume data is unavailable or unreliable Click to see all.
- Helps Identify Potential Reversals
Mass Index- Identifies Potential Reversals
- Unique Approach To Volatility
Cons 👎
Disadvantages or limitations of the trading indicatorDetrended Price Oscillator (DPO)- Complex Interpretation
- Limited Use In Strong Trends
Balance of Power (BOP)- Less KnownIndicators not widely recognized, potentially offering unique insights but with limited community support. Click to see all.
- Can Be Noisy In Volatile MarketsIndicators that provide clear signals in volatile markets, reducing noise and false alarms Click to see all.
Mass Index
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorDetrended Price Oscillator (DPO)Balance of Power (BOP)Mass IndexEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isDetrended Price Oscillator (DPO)Balance of Power (BOP)Mass IndexVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesDetrended Price Oscillator (DPO)Balance of Power (BOP)Mass IndexCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorDetrended Price Oscillator (DPO)- 7.5The customization score for Detrended Price Oscillator (DPO) is 7.5 out of 10.
Balance of Power (BOP)- 6.5The customization score for Balance of Power (BOP) is 6.5 out of 10.
Mass Index- 6.5The customization score for Mass Index is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsDetrended Price Oscillator (DPO)Balance of Power (BOP)Mass Index
Alternatives to Detrended Price Oscillator (DPO)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement💯 is more reliable than Balance of Power (BOP)
🔀 is more versatile than Balance of Power (BOP)
🔧 is more customizable than Balance of Power (BOP)
⭐ is rated higher overall than Balance of Power (BOP)
Ease Of Movement
Known for Relating Volume To Price Change💯 is more reliable than Balance of Power (BOP)
Force Index
Known for Combining Price Changes With Volume💯 is more reliable than Balance of Power (BOP)
🔀 is more versatile than Balance of Power (BOP)
⭐ is rated higher overall than Balance of Power (BOP)
Elder Force Index
Known for Combining Price And Volume💯 is more reliable than Balance of Power (BOP)
🔀 is more versatile than Balance of Power (BOP)
🔧 is more customizable than Balance of Power (BOP)
⭐ is rated higher overall than Balance of Power (BOP)
Chaikin Money Flow (CMF)
Known for Identifying Accumulation/Distribution💯 is more reliable than Balance of Power (BOP)
💻 is easier to use than Balance of Power (BOP)
⭐ is rated higher overall than Balance of Power (BOP)
McClellan Oscillator
Known for Identifying Market Trends💯 is more reliable than Balance of Power (BOP)
⭐ is rated higher overall than Balance of Power (BOP)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💯 is more reliable than Balance of Power (BOP)
💻 is easier to use than Balance of Power (BOP)
⭐ is rated higher overall than Balance of Power (BOP)
Choppiness Index
Known for Identifying Trending Vs Choppy Markets💯 is more reliable than Balance of Power (BOP)
🔀 is more versatile than Balance of Power (BOP)
🔧 is more customizable than Balance of Power (BOP)
⭐ is rated higher overall than Balance of Power (BOP)
Directional Movement Index (DMI)
Known for Strength Of Price Movement💯 is more reliable than Balance of Power (BOP)
🔀 is more versatile than Balance of Power (BOP)
🔧 is more customizable than Balance of Power (BOP)
⭐ is rated higher overall than Balance of Power (BOP)
Volume Weighted Moving Average (VWMA)
Known for Incorporating Volume Into Moving Averages💯 is more reliable than Balance of Power (BOP)
⭐ is rated higher overall than Balance of Power (BOP)