Compact mode
Chande Momentum Oscillator (CMO) vs Relative Vigor Index (RVI) 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.Chande Momentum Oscillator (CMO)Relative Vigor Index (RVI)Percentage Volume Oscillator (PVO)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Chande Momentum Oscillator (CMO)- ForexThe asset classes Chande Momentum Oscillator (CMO) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
- CommoditiesThe asset classes Chande Momentum Oscillator (CMO) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Relative Vigor Index (RVI)Percentage Volume Oscillator (PVO)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorChande Momentum Oscillator (CMO)- Momentum MeasurementChande Momentum Oscillator (CMO) is known for Momentum Measurement.
Relative Vigor Index (RVI)- Trend ConfirmationRelative Vigor Index (RVI) is known for Trend Confirmation.
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 indicatorChande Momentum Oscillator (CMO)Relative Vigor Index (RVI)Percentage 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 communityFor all*
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorChande Momentum Oscillator (CMO)- Developed by Tushar Chande in 1994
Relative Vigor Index (RVI)- Developed by John Ehlers
Percentage Volume Oscillator (PVO)- Adapted from the Percentage Price Oscillator (PPO) for volume analysis
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorChande Momentum Oscillator (CMO)- It's the yoga of momentum indicators - flexible but disciplined
Relative Vigor Index (RVI)- It's like measuring the market's caffeine intake
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*Chande Momentum Oscillator (CMO)Relative Vigor Index (RVI)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Chande Momentum Oscillator (CMO)Relative Vigor Index (RVI)Percentage Volume Oscillator (PVO)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Chande Momentum Oscillator (CMO)Relative Vigor Index (RVI)Percentage Volume Oscillator (PVO)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Chande Momentum Oscillator (CMO)Relative Vigor Index (RVI)Percentage Volume Oscillator (PVO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorChande Momentum Oscillator (CMO)Relative Vigor Index (RVI)Percentage 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 indicatorChande Momentum Oscillator (CMO)Relative Vigor Index (RVI)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 indicatorChande Momentum Oscillator (CMO)- Less Prone To WhipsawsMinimizes false signals in volatile markets, improving trade accuracy Click to see all.
- Effective In Trending Markets
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.
Percentage Volume Oscillator (PVO)- Helps Identify Volume Divergences
- Good For Confirming Price Trends
Cons 👎
Disadvantages or limitations of the trading indicatorChande Momentum Oscillator (CMO)- Can Stay In Extreme Zones For Extended PeriodsIndicators that provide timely exit signals from overbought or oversold conditions Click to see all.
- Less KnownIndicators not widely recognized, potentially offering unique insights but with limited community support. Click to see all.
Relative Vigor Index (RVI)- Can Be Unreliable In Ranging MarketsIndicators that excel in sideways or consolidating markets, providing accurate signals Click to see all.
- Requires ConfirmationRefers to indicators that need additional validation before acting on their signals. Click to see all.
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 indicatorChande Momentum Oscillator (CMO)Relative Vigor Index (RVI)Percentage Volume Oscillator (PVO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isChande Momentum Oscillator (CMO)Relative Vigor Index (RVI)Percentage Volume Oscillator (PVO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesChande Momentum Oscillator (CMO)Relative Vigor Index (RVI)Percentage Volume Oscillator (PVO)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorChande Momentum Oscillator (CMO)- 7The customization score for Chande Momentum Oscillator (CMO) is 7 out of 10.
Relative Vigor Index (RVI)- 7The customization score for Relative Vigor Index (RVI) is 7 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 metricsChande Momentum Oscillator (CMO)Relative Vigor Index (RVI)Percentage Volume Oscillator (PVO)
Alternatives to Chande Momentum Oscillator (CMO)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise💯 is more reliable than Relative Vigor Index (RVI)
🔀 is more versatile than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Ultimate Oscillator
Known for Multi-Timeframe Analysis💯 is more reliable than Relative Vigor Index (RVI)
🔀 is more versatile than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction💯 is more reliable than Relative Vigor Index (RVI)
💻 is easier to use than Relative Vigor Index (RVI)
🔀 is more versatile than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Fast Stochastic
Known for Rapid Momentum Shifts💯 is more reliable than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement💯 is more reliable than Relative Vigor Index (RVI)
💻 is easier to use than Relative Vigor Index (RVI)
🔀 is more versatile than Relative Vigor Index (RVI)
🔧 is more customizable than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💯 is more reliable than Relative Vigor Index (RVI)
💻 is easier to use than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Linear Regression Indicator
Known for Predicting Price Trends💯 is more reliable than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)
Elder Force Index
Known for Combining Price And Volume🔀 is more versatile than Relative Vigor Index (RVI)
Detrended Price Oscillator (DPO)
Known for Eliminating Long-Term Trends🔧 is more customizable than Relative Vigor Index (RVI)
Know Sure Thing (KST)
Known for Trend Strength Measurement💯 is more reliable than Relative Vigor Index (RVI)
🔀 is more versatile than Relative Vigor Index (RVI)
🔧 is more customizable than Relative Vigor Index (RVI)
⭐ is rated higher overall than Relative Vigor Index (RVI)