Compact mode
Chaikin Money Flow Oscillator vs Elder Force Index 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*- VolumeIndicators that analyze trading volume to confirm price movements
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Chaikin Money Flow OscillatorElder Force IndexPercentage Volume Oscillator (PVO)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorChaikin Money Flow Oscillator- Measuring Buying/Selling PressureChaikin Money Flow Oscillator is known for Measuring Buying/Selling Pressure.
Elder Force Index- Combining Price And VolumeElder Force Index is known for Combining Price And Volume.
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 indicatorChaikin Money Flow OscillatorElder Force Index- United StatesElder Force Index was developed in United States. Indicators developed in the USA, reflecting American trading principles
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 indicatorChaikin Money Flow OscillatorElder Force IndexPercentage Volume Oscillator (PVO)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityChaikin Money Flow Oscillator- MediumThe popularity of Chaikin Money Flow Oscillator among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Elder Force Index- LowThe popularity of Elder Force Index among traders is considered Low. Indicators with lower adoption but potential unique insights
Percentage Volume Oscillator (PVO)- LowThe popularity of Percentage Volume Oscillator (PVO) among traders is considered Low. Indicators with lower adoption but potential unique insights
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorChaikin Money Flow Oscillator- Developed by Marc Chaikin a Wall Street analyst
Elder Force Index- Created by Dr. Alexander Elder in 1989
Percentage Volume Oscillator (PVO)- Adapted from the Percentage Price Oscillator (PPO) for volume analysis
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorChaikin Money Flow Oscillator- Sometimes the money flows right out of your trading account
Elder Force Index- It's like a lie detector for market trends
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*- DailyIndicators optimized for daily chart analysis, suitable for swing and position traders.
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Chaikin Money Flow Oscillator- VolumeChaikin Money Flow Oscillator uses the Volume calculation method. Indicators using trading volume data to analyze market trends and momentum. Click to see all.
- PriceChaikin Money Flow Oscillator uses the Price calculation method. Indicators primarily using price data for market analysis and prediction. Click to see all.
Elder Force IndexPercentage Volume Oscillator (PVO)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes
Chaikin Money Flow Oscillator- ThresholdsChaikin Money Flow Oscillator generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Elder Force Index- ThresholdsElder Force Index generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Percentage Volume Oscillator (PVO)- DivergencesPercentage Volume Oscillator (PVO) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Chaikin Money Flow OscillatorElder Force IndexPercentage Volume Oscillator (PVO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorChaikin Money Flow Oscillator- Institutional TradersChaikin Money Flow Oscillator is designed for Institutional Traders. Tailored for large-scale trading decisions and portfolio management Click to see all.
- Volume AnalystsChaikin Money Flow Oscillator is designed for Volume Analysts. Focuses on trading volume patterns and anomalies, crucial for volume-based analysis Click to see all.
Elder Force Index- Day TradersElder Force Index is designed for Day Traders. Tools optimized for short-term intraday trading decisions Click to see all.
- Swing TradersElder Force Index 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 indicatorChaikin Money Flow Oscillator- Accumulation/Distribution AnalysisChaikin Money Flow Oscillator is primarily used for Accumulation/Distribution Analysis. Indicators for analyzing buying/selling pressure Click to see all.
- Trend ConfirmationChaikin Money Flow Oscillator is primarily used for Trend Confirmation. Indicators that validate the strength and direction of price movements Click to see all.
Elder Force Index- Confirming TrendsElder Force Index is primarily used for Confirming Trends. Indicators for validating trend direction Click to see all.
- Identifying ReversalsElder Force Index is primarily used for Identifying Reversals. Indicators for potential trend changes 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 indicatorChaikin Money Flow Oscillator- Combines Price And Volume Analysis
- Good For Identifying Potential Reversals
Elder Force Index- Incorporates Both Price And VolumeCombines price and volume analysis for more comprehensive market insights
- Good For Spotting Reversals
Percentage Volume Oscillator (PVO)- Helps Identify Volume Divergences
- Good For Confirming Price Trends
Cons 👎
Disadvantages or limitations of the trading indicatorChaikin Money Flow Oscillator- Can Be Less Effective In Low-Volume Markets
- Requires Understanding Of Accumulation/Distribution Concepts
Elder Force Index- Less Popular
- Requires Additional Confirmation
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 indicatorChaikin Money Flow OscillatorElder Force IndexPercentage Volume Oscillator (PVO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isChaikin Money Flow OscillatorElder Force IndexPercentage Volume Oscillator (PVO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesChaikin Money Flow OscillatorElder Force IndexPercentage Volume Oscillator (PVO)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorChaikin Money Flow Oscillator- 6The customization score for Chaikin Money Flow Oscillator is 6 out of 10.
Elder Force Index- 7The customization score for Elder Force Index 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 metricsChaikin Money Flow OscillatorElder Force IndexPercentage Volume Oscillator (PVO)
Alternatives to Chaikin Money Flow Oscillator
Volume Oscillator
Known for Volume Divergence
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is more reliable than Chaikin Money Flow Oscillator
💻
is easier to use than Chaikin Money Flow Oscillator
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is more versatile than Chaikin Money Flow Oscillator
🔧
is more customizable than Chaikin Money Flow Oscillator
⭐
is rated higher overall than Chaikin Money Flow Oscillator
Volume Weighted Moving Average (VWMA)
Known for Incorporating Volume Into Moving Averages
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is more reliable than Chaikin Money Flow Oscillator
💻
is easier to use than Chaikin Money Flow Oscillator
🔧
is more customizable than Chaikin Money Flow Oscillator
⭐
is rated higher overall than Chaikin Money Flow Oscillator
Elder Impulse System
Known for Combining Trend And Momentum
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is easier to use than Chaikin Money Flow Oscillator
Chaikin Oscillator
Known for Accumulation/Distribution Trends
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is more reliable than Chaikin Money Flow Oscillator
💻
is easier to use than Chaikin Money Flow Oscillator
🔧
is more customizable than Chaikin Money Flow Oscillator
⭐
is rated higher overall than Chaikin Money Flow Oscillator
Money Flow Index (MFI)
Known for Volume And Price Movements
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is more reliable than Chaikin Money Flow Oscillator
💻
is easier to use than Chaikin Money Flow Oscillator
🔧
is more customizable than Chaikin Money Flow Oscillator
⭐
is rated higher overall than Chaikin Money Flow Oscillator
Accumulation/Distribution Line (A/D)
Known for Volume-Based Price Trends
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is easier to use than Chaikin Money Flow Oscillator
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is rated higher overall than Chaikin Money Flow Oscillator
Dynamic Momentum Index
Known for Adapting To Market Volatility
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is more customizable than Chaikin Money Flow Oscillator
Linear Regression Indicator
Known for Predicting Price Trends
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is more reliable than Chaikin Money Flow Oscillator
Ease Of Movement
Known for Relating Volume To Price Change
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is more customizable than Chaikin Money Flow Oscillator
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
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is more reliable than Chaikin Money Flow Oscillator
🔀
is more versatile than Chaikin Money Flow Oscillator
🔧
is more customizable than Chaikin Money Flow Oscillator
⭐
is rated higher overall than Chaikin Money Flow Oscillator