Compact mode
Fast Stochastic vs Detrended Price Oscillator (DPO) vs Relative Vigor Index (RVI)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Fast StochasticDetrended Price Oscillator (DPO)Relative Vigor Index (RVI)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Fast Stochastic- ForexThe asset classes Fast Stochastic is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
- CommoditiesThe asset classes Fast Stochastic is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Detrended Price Oscillator (DPO)Relative Vigor Index (RVI)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorFast Stochastic- Rapid Momentum ShiftsFast Stochastic is known for Rapid Momentum Shifts.
Detrended Price Oscillator (DPO)- Eliminating Long-Term TrendsDetrended Price Oscillator (DPO) is known for Eliminating Long-Term Trends.
Relative Vigor Index (RVI)- Trend ConfirmationRelative Vigor Index (RVI) is known for Trend Confirmation.
Made In 🌍
The country or origin of the trading indicatorFast StochasticDetrended Price Oscillator (DPO)Relative Vigor Index (RVI)
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 indicatorFast StochasticDetrended Price Oscillator (DPO)Relative Vigor Index (RVI)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityFast StochasticDetrended Price Oscillator (DPO)Relative Vigor Index (RVI)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorFast Stochastic- Often used in conjunction with Slow Stochastic for confirmation
Detrended Price Oscillator (DPO)- Designed to eliminate trend from price
Relative Vigor Index (RVI)- Developed by John Ehlers
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorFast Stochastic- Nicknamed the "hare" in contrast to Slow Stochastic's "tortoise"
Detrended Price Oscillator (DPO)- It's like a time machine for price trends
Relative Vigor Index (RVI)- It's like measuring the market's caffeine intake
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*Fast StochasticDetrended Price Oscillator (DPO)Relative Vigor Index (RVI)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Fast StochasticDetrended Price Oscillator (DPO)Relative Vigor Index (RVI)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Fast StochasticDetrended Price Oscillator (DPO)Relative Vigor Index (RVI)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Fast StochasticDetrended Price Oscillator (DPO)Relative Vigor Index (RVI)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorFast StochasticDetrended Price Oscillator (DPO)Relative Vigor Index (RVI)Purpose 📈
The primary purpose or application of the trading indicatorFast Stochastic- Quick Entry/Exit SignalsFast Stochastic is primarily used for Quick Entry/Exit Signals.
Detrended Price Oscillator (DPO)- Identifying Cycles And TrendsDetrended Price Oscillator (DPO) is primarily used for Identifying Cycles And Trends.
Relative Vigor Index (RVI)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorFast Stochastic- Provides Earlier Signals Than Slow Stochastic
- Useful For Short-Term Trading
Detrended Price Oscillator (DPO)- Helps Identify Cycles
- Removes Long-Term Trend Bias
Relative Vigor Index (RVI)- Compares Closing Prices To Trading Ranges
- Less Known And UniqueOffers alternative perspectives on market dynamics, potentially providing an edge Click to see all.
Cons 👎
Disadvantages or limitations of the trading indicatorFast Stochastic- More Prone To False SignalsIndicates that some indicators may generate more unreliable trading signals than others. Click to see all.
- Requires Careful Interpretation
Detrended Price Oscillator (DPO)- Complex Interpretation
- Limited Use In Strong Trends
Relative Vigor Index (RVI)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorFast StochasticDetrended Price Oscillator (DPO)Relative Vigor Index (RVI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isFast StochasticDetrended Price Oscillator (DPO)Relative Vigor Index (RVI)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 indicatorFast Stochastic- 6.5The customization score for Fast Stochastic is 6.5 out of 10.
Detrended Price Oscillator (DPO)- 7.5The customization score for Detrended Price Oscillator (DPO) is 7.5 out of 10.
Relative Vigor Index (RVI)- 7The customization score for Relative Vigor Index (RVI) is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsFast StochasticDetrended Price Oscillator (DPO)Relative Vigor Index (RVI)
Alternatives to Fast Stochastic
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💻 is easier to use than Fast Stochastic
⭐ is rated higher overall than Fast Stochastic
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise🔀 is more versatile than Fast Stochastic
🔧 is more customizable than Fast Stochastic
⭐ is rated higher overall than Fast Stochastic
Aroon Up And Down
Known for Identifying Potential Trend Changes💻 is easier to use than Fast Stochastic
⭐ is rated higher overall than Fast Stochastic
Elder Triple Screen
Known for Trend-Momentum Alignment💯 is more reliable than Fast Stochastic
🔀 is more versatile than Fast Stochastic
🔧 is more customizable than Fast Stochastic
⭐ is rated higher overall than Fast Stochastic
Elder-Ray Index
Known for Combining Trend And Momentum🔀 is more versatile than Fast Stochastic
🔧 is more customizable than Fast Stochastic
⭐ is rated higher overall than Fast Stochastic
Slow Stochastic
Known for Momentum Measurement💯 is more reliable than Fast Stochastic
💻 is easier to use than Fast Stochastic
⭐ is rated higher overall than Fast Stochastic
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction💻 is easier to use than Fast Stochastic
🔀 is more versatile than Fast Stochastic
🔧 is more customizable than Fast Stochastic
⭐ is rated higher overall than Fast Stochastic
Volume Weighted Moving Average (VWMA)
Known for Incorporating Volume Into Moving Averages💻 is easier to use than Fast Stochastic
⭐ is rated higher overall than Fast Stochastic
Relative Strength Index (RSI)
Known for Momentum Measurement💯 is more reliable than Fast Stochastic
💻 is easier to use than Fast Stochastic
🔀 is more versatile than Fast Stochastic
⭐ is rated higher overall than Fast Stochastic
Chaikin Oscillator
Known for Accumulation/Distribution Trends💯 is more reliable than Fast Stochastic
💻 is easier to use than Fast Stochastic
🔧 is more customizable than Fast Stochastic
⭐ is rated higher overall than Fast Stochastic