Compact mode
Volume Oscillator 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*Volume Oscillator- CommoditiesThe asset classes Volume Oscillator is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
- FuturesThe asset classes Volume Oscillator is typically used for are Futures. Indicators designed for trading futures contracts across various asset classes. Click to see all.
Percentage Volume Oscillator (PVO)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorVolume Oscillator- Volume DivergenceVolume Oscillator is known for Volume Divergence.
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 indicatorVolume OscillatorForce 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 communityVolume OscillatorForce IndexPercentage Volume Oscillator (PVO)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorVolume Oscillator- Combines elements of Moving Average Convergence Divergence (MACD) with volume
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 indicatorVolume Oscillator- Often called the "heartbeat monitor" of the market
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*Volume Oscillator
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Volume OscillatorForce IndexPercentage Volume Oscillator (PVO)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsVolume OscillatorForce IndexPercentage Volume Oscillator (PVO)- CrossoversPercentage Volume Oscillator (PVO) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.
- DivergencesPercentage Volume Oscillator (PVO) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Volume OscillatorPercentage Volume Oscillator (PVO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorVolume OscillatorForce 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 indicatorVolume Oscillator- Volume Trend IdentificationVolume Oscillator is primarily used for Volume Trend Identification.
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 indicatorVolume Oscillator- Helps Confirm Price Movements With VolumeIndicators that validate price changes by analyzing trading volume Click to see all.
- Useful For Spotting Fake Breakouts
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 indicatorVolume 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.
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 indicatorVolume OscillatorForce IndexPercentage Volume Oscillator (PVO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isVolume OscillatorForce IndexPercentage Volume Oscillator (PVO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesVolume OscillatorForce IndexPercentage Volume Oscillator (PVO)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorVolume Oscillator- 7The customization score for Volume Oscillator 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 metricsVolume OscillatorForce IndexPercentage Volume Oscillator (PVO)
Alternatives to Volume Oscillator
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement🔧 is more customizable than Force Index
⭐ is rated higher overall than Force Index
Money Flow Index (MFI)
Known for Volume And Price Movements🔧 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
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