Compact mode
Know Sure Thing (KST) vs Force Index vs Balance Of Power (BOP)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Know Sure Thing (KST)Force IndexBalance of Power (BOP)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Know Sure Thing (KST)Balance of Power (BOP)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorKnow Sure Thing (KST)- Trend Strength MeasurementKnow Sure Thing (KST) is known for Trend Strength Measurement.
Force Index- Combining Price Changes With VolumeForce Index is known for Combining Price Changes With Volume.
Balance of Power (BOP)- Measuring Market SentimentBalance of Power (BOP) is known for Measuring Market Sentiment.
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 indicatorKnow Sure Thing (KST)Force IndexBalance of Power (BOP)Popularity 🏆
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 indicatorKnow Sure Thing (KST)- Developed by Martin Pring
Force Index- Developed by Dr. Alexander Elder
Balance of Power (BOP)- Calculates the strength of buying and selling pressure
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorKnow Sure Thing (KST)- It's like a Swiss Army knife for trend analysis
Force Index- It's like measuring the market's muscle power
Balance of Power (BOP)- It's like a tug-of-war meter for bulls and bears
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.For all*Know Sure Thing (KST)Balance of Power (BOP)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Know Sure Thing (KST)Force IndexBalance of Power (BOP)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsKnow Sure Thing (KST)- CrossoversKnow Sure Thing (KST) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- DivergencesKnow Sure Thing (KST) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Force IndexBalance of Power (BOP)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorKnow Sure Thing (KST)- PeriodKnow Sure Thing (KST) offers customization options for Period. Enables customization of analysis timeframe Click to see all.
- ROC InputsKnow Sure Thing (KST) offers customization options for ROC Inputs. Enables customization of Rate of Change calculation parameters Click to see all.
Force IndexBalance of Power (BOP)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorKnow Sure Thing (KST)Force IndexBalance of Power (BOP)Purpose 📈
The primary purpose or application of the trading indicatorKnow Sure Thing (KST)Force IndexBalance of Power (BOP)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorKnow Sure Thing (KST)- Incorporates Multiple Timeframes
- Smooth Signals
Force Index- Provides Insight Into Buying/Selling PressureReveals market supply and demand dynamics, aiding in trend prediction Click to see all.
- Confirms Trends
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
Cons 👎
Disadvantages or limitations of the trading indicatorKnow Sure Thing (KST)- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Less Widely KnownRefers to trading indicators that are not as popular or commonly used by traders. 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
Balance of Power (BOP)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorKnow Sure Thing (KST)Force IndexBalance of Power (BOP)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isKnow Sure Thing (KST)Force IndexBalance of Power (BOP)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesKnow Sure Thing (KST)Force IndexBalance of Power (BOP)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorKnow Sure Thing (KST)- 7.5The customization score for Know Sure Thing (KST) is 7.5 out of 10.
Force Index- 6.5The customization score for Force Index is 6.5 out of 10.
Balance of Power (BOP)- 6.5The customization score for Balance of Power (BOP) is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsKnow Sure Thing (KST)Force IndexBalance of Power (BOP)
Alternatives to Know Sure Thing (KST)
Money Flow Index (MFI)
Known for Volume And Price Movements🔧 is more customizable than Force Index
⭐ is rated higher overall than Force Index
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement🔧 is more customizable than Force Index
⭐ is rated higher overall than Force Index
Chaikin Money Flow (CMF)
Known for Identifying Accumulation/Distribution💯 is more reliable than Force Index
💻 is easier to use than Force Index
⭐ is rated higher overall than Force Index
Accumulation/Distribution Line (A/D)
Known for Volume-Based Price Trends💻 is easier to use than Force Index
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💻 is easier to use than Force Index
⭐ is rated higher overall than Force Index
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement💻 is easier to use than Force Index
🔀 is more versatile than Force Index
🔧 is more customizable than Force Index
⭐ is rated higher overall than Force Index