Compact mode
Volume Oscillator vs Volume Weighted Moving Average (VWMA) 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.For all*Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Volume Oscillator- CommoditiesThe asset classes Volume Oscillator is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
- FuturesThe asset classes Volume Oscillator is typically used for are Futures. Indicators designed for trading futures contracts across various asset classes. Click to see all.
Volume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorVolume Oscillator- Volume DivergenceVolume Oscillator is known for Volume Divergence.
Volume Weighted Moving Average (VWMA)- Incorporating Volume Into Moving AveragesVolume Weighted Moving Average (VWMA) is known for Incorporating Volume Into Moving Averages.
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 OscillatorVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Volume OscillatorVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)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 OscillatorVolume Weighted Moving Average (VWMA)Percentage 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
Volume Weighted Moving Average (VWMA)- Popular among algorithmic and high-frequency traders
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
Volume Weighted Moving Average (VWMA)- So weighted it might sink your chart
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 OscillatorVolume Weighted Moving Average (VWMA)
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Volume OscillatorVolume Weighted Moving Average (VWMA)- Moving AveragesVolume Weighted Moving Average (VWMA) uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.
- VolumeVolume Weighted Moving Average (VWMA) uses the Volume calculation method. Indicators using trading volume data to analyze market trends and momentum. Click to see all.
Percentage Volume Oscillator (PVO)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*Percentage Volume Oscillator (PVO)Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Volume OscillatorVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorVolume OscillatorVolume Weighted Moving Average (VWMA)- Day TradersVolume Weighted Moving Average (VWMA) is designed for Day Traders. Tools optimized for short-term intraday trading decisions Click to see all.
- Institutional TradersVolume Weighted Moving Average (VWMA) is designed for Institutional Traders. Tailored for large-scale trading decisions and portfolio management 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.
Volume Weighted Moving Average (VWMA)- Support/ResistanceVolume Weighted Moving Average (VWMA) is primarily used for Support/Resistance. Indicators that highlight price levels where trends may stall or reverse Click to see all.
- Trend ConfirmationVolume Weighted Moving Average (VWMA) is primarily used for Trend Confirmation. Indicators that validate the strength and direction of price movements 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
Volume Weighted Moving Average (VWMA)- Adds Volume Context To Price Movements
- Less Susceptible To Price Spikes
Percentage Volume Oscillator (PVO)- Helps Identify Volume Divergences
- Good For Confirming Price Trends
Cons 👎
Disadvantages or limitations of the trading indicatorFor all*- Can Be Less Effective In Low-Volume Markets
Volume OscillatorVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorVolume OscillatorVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isVolume OscillatorVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesVolume OscillatorVolume Weighted Moving Average (VWMA)Percentage 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.
Volume Weighted Moving Average (VWMA)- 6.5The customization score for Volume Weighted Moving Average (VWMA) 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 OscillatorVolume Weighted Moving Average (VWMA)Percentage Volume Oscillator (PVO)
Alternatives to Volume Oscillator
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness💻 is easier to use than Volume Weighted Moving Average (VWMA)
⭐ is rated higher overall than Volume Weighted Moving Average (VWMA)
Chaikin Money Flow Oscillator
Known for Measuring Buying/Selling Pressure🔀 is more versatile than Volume Weighted Moving Average (VWMA)
McGinley Dynamic Indicator
Known for Improving On Traditional Moving Averages💻 is easier to use than Volume Weighted Moving Average (VWMA)
Chaikin Oscillator
Known for Accumulation/Distribution Trends💯 is more reliable than Volume Weighted Moving Average (VWMA)
💻 is easier to use than Volume Weighted Moving Average (VWMA)
🔧 is more customizable than Volume Weighted Moving Average (VWMA)
⭐ is rated higher overall than Volume Weighted Moving Average (VWMA)
Guppy Multiple Moving Average
Known for Visualizing Short-Term And Long-Term Trends🔀 is more versatile than Volume Weighted Moving Average (VWMA)
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Aroon Up And Down
Known for Identifying Potential Trend Changes💻 is easier to use than Volume Weighted Moving Average (VWMA)
⭐ is rated higher overall than Volume Weighted Moving Average (VWMA)
Average Directional Index (ADX)
Known for Trend Strength Without Direction💯 is more reliable than Volume Weighted Moving Average (VWMA)
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🔀 is more versatile than Volume Weighted Moving Average (VWMA)
⭐ is rated higher overall than Volume Weighted Moving Average (VWMA)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise🔀 is more versatile than Volume Weighted Moving Average (VWMA)
🔧 is more customizable than Volume Weighted Moving Average (VWMA)
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Elder Impulse System
Known for Combining Trend And Momentum💻 is easier to use than Volume Weighted Moving Average (VWMA)