Compact mode
Supertrend Indicator vs On-Balance Volume (OBV)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Supertrend IndicatorOn-Balance Volume (OBV)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedBoth*- StocksIndicators optimized for analyzing and predicting stock price movements in equity markets.
- CryptocurrenciesIndicators tailored for the volatile and 24/7 nature of cryptocurrency trading.
Supertrend IndicatorKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorSupertrend Indicator- Simplifying Trend FollowingSupertrend Indicator is known for Simplifying Trend Following.
On-Balance Volume (OBV)- Volume Precedes Price MovementOn-Balance Volume (OBV) is known for Volume Precedes Price Movement.
Made In 🌍
The country or origin of the trading indicatorSupertrend IndicatorOn-Balance Volume (OBV)
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Both*Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communitySupertrend IndicatorOn-Balance Volume (OBV)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorSupertrend Indicator- Popular among algorithmic traders for its simplicity
On-Balance Volume (OBV)- Developed by Joe Granville
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorSupertrend Indicator- So super it might need a cape and tights
On-Balance Volume (OBV)- It's the gossip column of indicators - always trying to predict the next big move
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Both*Supertrend Indicator
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Supertrend IndicatorOn-Balance Volume (OBV)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsSupertrend IndicatorOn-Balance Volume (OBV)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorBoth*Supertrend Indicator
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorSupertrend Indicator- Trend FollowersSupertrend Indicator is designed for Trend Followers. Identifies and confirms long-term market trends, suitable for trend-following strategies Click to see all.
- Day TradersSupertrend Indicator is designed for Day Traders. Tools optimized for short-term intraday trading decisions Click to see all.
On-Balance Volume (OBV)Purpose 📈
The primary purpose or application of the trading indicatorSupertrend Indicator- Trend DirectionSupertrend Indicator is primarily used for Trend Direction. Indicators that help determine the overall direction of price movement in a market Click to see all.
- Stop Loss PlacementSupertrend Indicator is primarily used for Stop Loss Placement. Indicators that help determine optimal stop loss levels Click to see all.
On-Balance Volume (OBV)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorSupertrend Indicator- Easy To Interpret Buy/Sell Signals
- Adapts To Market VolatilityIndicators that adjust to changing market conditions and volatility levels Click to see all.
On-Balance Volume (OBV)- Simple To Calculate
- Confirms Price Trends
Cons 👎
Disadvantages or limitations of the trading indicatorSupertrend Indicator- Can Give False Signals In Choppy Markets
- Lag In Trend ReversalsIndicators that may be slow to signal trend reversals, potentially delaying important trading decisions. Click to see all.
On-Balance Volume (OBV)- Can Be Affected By Large Block Trades
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorSupertrend IndicatorOn-Balance Volume (OBV)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isBoth*Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesBoth*Customization Score 🔧
A score representing the degree of customization available for the trading indicatorBoth*Score ⭐
The overall score of the trading indicator based on various performance metricsSupertrend IndicatorOn-Balance Volume (OBV)
Alternatives to Supertrend Indicator
Accumulation/Distribution Line (A/D)
Known for Volume-Based Price Trends🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Momentum Indicator
Known for Price Velocity🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Rate Of Change (ROC)
Known for Speed Of Price Changes💯 is more reliable than On-Balance Volume (OBV)
💻 is easier to use than On-Balance Volume (OBV)
🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Price Channel
Known for Range-Bound Trading💯 is more reliable than On-Balance Volume (OBV)
💻 is easier to use than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Linear Regression Indicator
Known for Predicting Price Trends💯 is more reliable than On-Balance Volume (OBV)
🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
Elder Impulse System
Known for Combining Trend And Momentum🔧 is more customizable than On-Balance Volume (OBV)
Chaikin Oscillator
Known for Accumulation/Distribution Trends💯 is more reliable than On-Balance Volume (OBV)
🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Money Flow Index (MFI)
Known for Volume And Price Movements💯 is more reliable than On-Balance Volume (OBV)
🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💯 is more reliable than On-Balance Volume (OBV)
🔀 is more versatile than On-Balance Volume (OBV)
🔧 is more customizable than On-Balance Volume (OBV)
⭐ is rated higher overall than On-Balance Volume (OBV)