Compact mode
Directional Movement Index (DMI) vs Volume Oscillator vs Know Sure Thing (KST)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Directional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)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.
- CommoditiesTrading indicators optimized for commodity markets like oil, gold, and agricultural products.
Directional Movement Index (DMI)Volume OscillatorKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorDirectional Movement Index (DMI)- Strength Of Price MovementDirectional Movement Index (DMI) is known for Strength Of Price Movement.
Volume Oscillator- Volume DivergenceVolume Oscillator is known for Volume Divergence.
Know Sure Thing (KST)- Trend Strength MeasurementKnow Sure Thing (KST) is known for Trend Strength Measurement.
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Directional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorDirectional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityDirectional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorDirectional Movement Index (DMI)- Developed by J. Welles Wilder Jr. who also created RSI
Volume Oscillator- Combines elements of Moving Average Convergence Divergence (MACD) with volume
Know Sure Thing (KST)- Developed by Martin Pring
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorDirectional Movement Index (DMI)- Sometimes called the 'trend trader's best friend' despite its complexity
Volume Oscillator- Often called the "heartbeat monitor" of the market
Know Sure Thing (KST)- It's like a Swiss Army knife for trend analysis
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*Volume OscillatorKnow Sure Thing (KST)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Directional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Directional Movement Index (DMI)Know Sure Thing (KST)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Directional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorDirectional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)Purpose 📈
The primary purpose or application of the trading indicatorDirectional Movement Index (DMI)Volume Oscillator- Volume Trend IdentificationVolume Oscillator is primarily used for Volume Trend Identification.
Know Sure Thing (KST)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorDirectional Movement Index (DMI)- Combines Multiple IndicatorsIndicators that integrate multiple data points for comprehensive analysis Click to see all.
- Measures Both Trend Direction And Strength
Volume Oscillator- Helps Confirm Price Movements With VolumeIndicators that validate price changes by analyzing trading volume Click to see all.
- Useful For Spotting Fake Breakouts
Know Sure Thing (KST)- Incorporates Multiple Timeframes
- Smooth Signals
Cons 👎
Disadvantages or limitations of the trading indicatorDirectional Movement Index (DMI)- Can Produce False Signals In Choppy MarketsIndicators that minimize false signals in erratic or indecisive market conditions Click to see all.
- Requires Understanding Of Multiple ComponentsIndicates that some indicators involve several elements that need to be understood for effective use. Click to see all.
Volume Oscillator- 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.
Know Sure Thing (KST)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorDirectional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isDirectional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesFor all*Customization Score 🔧
A score representing the degree of customization available for the trading indicatorDirectional Movement Index (DMI)- 7.5The customization score for Directional Movement Index (DMI) is 7.5 out of 10.
Volume Oscillator- 7The customization score for Volume Oscillator is 7 out of 10.
Know Sure Thing (KST)- 7.5The customization score for Know Sure Thing (KST) is 7.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsDirectional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)
Alternatives to Directional Movement Index (DMI)
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction💻 is easier to use than Directional Movement Index (DMI)
🔀 is more versatile than Directional Movement Index (DMI)
Hull Moving Average (HMA)
Known for Reducing Lag In Moving Averages💻 is easier to use than Directional Movement Index (DMI)
Exponential Moving Average (EMA)
Known for Smooth Price Movements💻 is easier to use than Directional Movement Index (DMI)
⭐ is rated higher overall than Directional Movement Index (DMI)
Simple Moving Average (SMA)
Known for Smooth Price Movements💻 is easier to use than Directional Movement Index (DMI)
Moving Average Envelope
Known for Price Range Visualization💻 is easier to use than Directional Movement Index (DMI)
Bollinger Bands
Known for Volatility And Trend Strength💻 is easier to use than Directional Movement Index (DMI)
🔀 is more versatile than Directional Movement Index (DMI)
🔧 is more customizable than Directional Movement Index (DMI)
⭐ is rated higher overall than Directional Movement Index (DMI)
Aroon Indicator
Known for Measuring Time Between Highs And Lows💻 is easier to use than Directional Movement Index (DMI)