Compact mode
Relative Strength Index (RSI) vs Fast Stochastic 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.Relative Strength Index (RSI)Fast StochasticPercentage Volume Oscillator (PVO)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*- StocksIndicators optimized for analyzing and predicting stock price movements in equity markets.
- CommoditiesTrading indicators optimized for commodity markets like oil, gold, and agricultural products.
Relative Strength Index (RSI)Fast StochasticKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorRelative Strength Index (RSI)- Momentum MeasurementRelative Strength Index (RSI) is known for Momentum Measurement.
Fast Stochastic- Rapid Momentum ShiftsFast Stochastic is known for Rapid Momentum Shifts.
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 indicatorRelative Strength Index (RSI)Fast StochasticPercentage 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 indicatorRelative Strength Index (RSI)Fast StochasticPercentage Volume Oscillator (PVO)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityRelative Strength Index (RSI)Fast StochasticPercentage Volume Oscillator (PVO)
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorRelative Strength Index (RSI)- Created by J. Welles Wilder
Fast Stochastic- Often used in conjunction with Slow Stochastic for confirmation
Percentage Volume Oscillator (PVO)- Adapted from the Percentage Price Oscillator (PPO) for volume analysis
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorRelative Strength Index (RSI)- The only thing relative about it is how relatively often it's misused
Fast Stochastic- Nicknamed the "hare" in contrast to Slow Stochastic's "tortoise"
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*Relative Strength Index (RSI)- 1-HourRelative Strength Index (RSI) is most effective for 1-Hour timeframes. Indicators optimized for analyzing market data on a 1-hour timeframe Click to see all.
- 4-HourRelative Strength Index (RSI) is most effective for 4-Hour timeframes. Indicators designed for analyzing market data on a 4-hour timeframe Click to see all.
Fast Stochastic
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Relative Strength Index (RSI)Fast StochasticPercentage Volume Oscillator (PVO)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Relative Strength Index (RSI)Fast StochasticPercentage Volume Oscillator (PVO)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Relative Strength Index (RSI)Fast StochasticPercentage Volume Oscillator (PVO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorRelative Strength Index (RSI)Fast StochasticPercentage 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 indicatorRelative Strength Index (RSI)Fast Stochastic- Quick Entry/Exit SignalsFast Stochastic is primarily used for Quick Entry/Exit Signals.
Percentage 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 indicatorRelative Strength Index (RSI)- Easy To Interpret
- Effective For Identifying Reversals
Fast Stochastic- Provides Earlier Signals Than Slow Stochastic
- Useful For Short-Term Trading
Percentage Volume Oscillator (PVO)- Helps Identify Volume Divergences
- Good For Confirming Price Trends
Cons 👎
Disadvantages or limitations of the trading indicatorRelative Strength Index (RSI)- Can Remain In Overbought/Oversold Conditions During Strong Trends
Fast Stochastic- More Prone To False SignalsIndicates that some indicators may generate more unreliable trading signals than others. Click to see all.
- Requires Careful Interpretation
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 indicatorRelative Strength Index (RSI)Fast StochasticPercentage Volume Oscillator (PVO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isRelative Strength Index (RSI)Fast StochasticPercentage Volume Oscillator (PVO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesRelative Strength Index (RSI)Fast StochasticPercentage Volume Oscillator (PVO)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorFor all*Score ⭐
The overall score of the trading indicator based on various performance metricsRelative Strength Index (RSI)Fast StochasticPercentage Volume Oscillator (PVO)
Alternatives to Relative Strength Index (RSI)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement🔧 is more customizable than Relative Strength Index (RSI)
Rate Of Change (ROC)
Known for Speed Of Price Changes🔀 is more versatile than Relative Strength Index (RSI)
Stochastic Oscillator
Known for Momentum And Trend Reversal🔧 is more customizable than Relative Strength Index (RSI)
Elder-Ray Index
Known for Combining Trend And Momentum🔀 is more versatile than Relative Strength Index (RSI)
🔧 is more customizable than Relative Strength Index (RSI)
Woodies CCI
Known for Modification Of Traditional CCI🔧 is more customizable than Relative Strength Index (RSI)
Exponential Moving Average (EMA)
Known for Smooth Price Movements💯 is more reliable than Relative Strength Index (RSI)
🔧 is more customizable than Relative Strength Index (RSI)
⭐ is rated higher overall than Relative Strength Index (RSI)
Money Flow Index (MFI)
Known for Volume And Price Movements🔧 is more customizable than Relative Strength Index (RSI)
Average True Range (ATR)
Known for Volatility Without Direction💯 is more reliable than Relative Strength Index (RSI)