Compact mode
Money Flow Index (MFI) 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.For all*Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Money Flow Index (MFI)Percentage Volume Oscillator (PVO)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorMoney Flow Index (MFI)- Volume And Price MovementsMoney Flow Index (MFI) is known for Volume And Price Movements.
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 indicatorMoney Flow Index (MFI)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 communityMoney Flow Index (MFI)Force IndexPercentage Volume Oscillator (PVO)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorMoney Flow Index (MFI)- Often called the volume-weighted RSI
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 indicatorMoney Flow Index (MFI)- It's like a financial breathalyzer - measures how intoxicated buyers are
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*Money Flow Index (MFI)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Money Flow Index (MFI)Force IndexPercentage Volume Oscillator (PVO)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Money Flow Index (MFI)Percentage Volume Oscillator (PVO)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Money Flow Index (MFI)Percentage Volume Oscillator (PVO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMoney Flow Index (MFI)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 indicatorMoney Flow Index (MFI)- Volume-Weighted RSIMoney Flow Index (MFI) is primarily used for Volume-Weighted RSI.
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 indicatorMoney Flow Index (MFI)- Incorporates VolumeUses trading volume data to provide deeper market insights Click to see all.
- Useful For Divergence Trading
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 indicatorMoney Flow Index (MFI)- Can Be Less Effective In Low Volume Environments
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 indicatorMoney Flow Index (MFI)Force IndexPercentage Volume Oscillator (PVO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoney Flow Index (MFI)Force IndexPercentage Volume Oscillator (PVO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoney Flow Index (MFI)Force IndexPercentage Volume Oscillator (PVO)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorMoney Flow Index (MFI)- 7The customization score for Money Flow Index (MFI) is 7 out of 10.
Force Index- 6.5The customization score for Force Index is 6.5 out of 10.
Percentage Volume Oscillator (PVO)- 6.5The customization score for Percentage Volume Oscillator (PVO) is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsMoney Flow Index (MFI)Force IndexPercentage Volume Oscillator (PVO)
Alternatives to Money Flow Index (MFI)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement🔧 is more customizable than Force Index
⭐ is rated higher overall than Force Index
Know Sure Thing (KST)
Known for Trend Strength Measurement🔀 is more versatile than Force Index
🔧 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
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
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