Compact mode
Volume Oscillator vs Aroon Up And Down 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.Volume OscillatorAroon Up and DownPercentage 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.
Volume OscillatorAroon Up and DownKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorVolume Oscillator- Volume DivergenceVolume Oscillator is known for Volume Divergence.
Aroon Up and Down- Identifying Potential Trend ChangesAroon Up and Down is known for Identifying Potential Trend Changes.
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 OscillatorAroon Up and DownPercentage 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 OscillatorAroon Up and DownPercentage 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
Aroon Up and Down- Developed by Tushar Chande in 1995
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
Aroon Up and Down- Even Aroon can't predict when your investments will go 'Aroon-d' the bend!
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 OscillatorAroon Up and Down
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Volume OscillatorAroon Up and DownPercentage Volume Oscillator (PVO)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Aroon Up and DownPercentage Volume Oscillator (PVO)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Volume OscillatorAroon Up and DownPercentage Volume Oscillator (PVO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorVolume OscillatorAroon Up and Down- Technical AnalystsAroon Up and Down is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.
- Swing TradersAroon Up and Down is designed for Swing Traders. Identifies medium-term trends and potential reversal points, ideal for multi-day positions Click to see all.
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 indicatorVolume Oscillator- Volume Trend IdentificationVolume Oscillator is primarily used for Volume Trend Identification.
Aroon Up and Down- Trend Strength AnalysisAroon Up and Down is primarily used for Trend Strength Analysis.
- Trend ReversalsAroon Up and Down is primarily used for Trend Reversals. Indicators that help traders spot potential changes in market direction Click to see all.
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 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
Aroon Up and Down- Measures Trend Strength
- Indicates Potential Reversals
- Easy To Interpret
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.
Aroon Up and Down- Can Produce False Signals
- Lag In Volatile Markets
- Limited Use In Ranging Markets
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 OscillatorAroon Up and DownPercentage Volume Oscillator (PVO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isVolume OscillatorAroon Up and DownPercentage Volume Oscillator (PVO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesVolume OscillatorAroon Up and DownPercentage 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.
Aroon Up and Down- 6.5The customization score for Aroon Up and Down 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 OscillatorAroon Up and DownPercentage Volume Oscillator (PVO)
Alternatives to Volume Oscillator
Chaikin Oscillator
Known for Accumulation/Distribution Trends💯 is more reliable than Volume Oscillator
💻 is easier to use than Volume Oscillator
🔧 is more customizable than Volume Oscillator
⭐ is rated higher overall than Volume Oscillator
Aroon Indicator
Known for Measuring Time Between Highs And Lows💯 is more reliable than Volume Oscillator
💻 is easier to use than Volume Oscillator
⭐ is rated higher overall than Volume Oscillator
Directional Movement Index (DMI)
Known for Strength Of Price Movement💯 is more reliable than Volume Oscillator
🔧 is more customizable than Volume Oscillator
⭐ is rated higher overall than Volume Oscillator
Commodity Channel Index (CCI)
Known for Identifying Cyclical Trends💻 is easier to use than Volume Oscillator
Know Sure Thing (KST)
Known for Trend Strength Measurement🔧 is more customizable than Volume Oscillator
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💻 is easier to use than Volume Oscillator
⭐ is rated higher overall than Volume Oscillator