Compact mode
Percentage Price Oscillator (PPO) 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.Percentage Price Oscillator (PPO)Detrended Price Oscillator (DPO)Relative Vigor Index (RVI)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Percentage Price Oscillator (PPO)Detrended Price Oscillator (DPO)Relative Vigor Index (RVI)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorPercentage Price Oscillator (PPO)- Relative Strength MeasurementPercentage Price Oscillator (PPO) is known for Relative Strength Measurement.
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 indicatorPercentage Price Oscillator (PPO)Detrended 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 indicatorPercentage Price Oscillator (PPO)Detrended Price Oscillator (DPO)Relative Vigor Index (RVI)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityPercentage Price Oscillator (PPO)Detrended Price Oscillator (DPO)Relative Vigor Index (RVI)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorPercentage Price Oscillator (PPO)- Similar to MACD but uses percentage for comparison
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 indicatorPercentage Price Oscillator (PPO)- It's the MACD's hipster cousin
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*
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Percentage Price Oscillator (PPO)Detrended Price Oscillator (DPO)Relative Vigor Index (RVI)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Percentage Price Oscillator (PPO)Detrended Price Oscillator (DPO)Relative Vigor Index (RVI)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Percentage Price Oscillator (PPO)Detrended Price Oscillator (DPO)Relative Vigor Index (RVI)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorPercentage Price Oscillator (PPO)Detrended Price Oscillator (DPO)Relative Vigor Index (RVI)Purpose 📈
The primary purpose or application of the trading indicatorPercentage Price Oscillator (PPO)- Comparing Momentum Across AssetsPercentage Price Oscillator (PPO) is primarily used for Comparing Momentum Across Assets.
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 indicatorPercentage Price Oscillator (PPO)- Useful For Comparing Assets
- Adaptable To Different Timeframes
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 indicatorPercentage Price Oscillator (PPO)- Can Produce False Signals In Ranging Markets
- Requires Context
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 indicatorPercentage Price Oscillator (PPO)Detrended Price Oscillator (DPO)Relative Vigor Index (RVI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isPercentage Price Oscillator (PPO)Detrended Price Oscillator (DPO)Relative Vigor Index (RVI)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesPercentage Price Oscillator (PPO)Detrended Price Oscillator (DPO)Relative Vigor Index (RVI)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorPercentage Price Oscillator (PPO)- 7.5The customization score for Percentage Price Oscillator (PPO) is 7.5 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 metricsPercentage Price Oscillator (PPO)Detrended Price Oscillator (DPO)Relative Vigor Index (RVI)
Alternatives to Percentage Price Oscillator (PPO)
Chaikin Oscillator
Known for Accumulation/Distribution Trends💯 is more reliable than Percentage Price Oscillator (PPO)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💯 is more reliable than Percentage Price Oscillator (PPO)
💻 is easier to use than Percentage Price Oscillator (PPO)
Momentum Indicator
Known for Price Velocity💻 is easier to use than Percentage Price Oscillator (PPO)
Know Sure Thing (KST)
Known for Trend Strength Measurement💯 is more reliable than Percentage Price Oscillator (PPO)
Chaikin Money Flow (CMF)
Known for Identifying Accumulation/Distribution💯 is more reliable than Percentage Price Oscillator (PPO)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise💯 is more reliable than Percentage Price Oscillator (PPO)
Elder Triple Screen
Known for Trend-Momentum Alignment💯 is more reliable than Percentage Price Oscillator (PPO)
🔀 is more versatile than Percentage Price Oscillator (PPO)
🔧 is more customizable than Percentage Price Oscillator (PPO)
⭐ is rated higher overall than Percentage Price Oscillator (PPO)
Elder-Ray Index
Known for Combining Trend And Momentum💯 is more reliable than Percentage Price Oscillator (PPO)