Compact mode

Chaikin Money Flow Oscillator vs Relative Vigor Index (RVI) vs Percentage Volume Oscillator (PVO)

Table of content

General Information Comparison
Characteristics Comparison
Facts Comparison

Application Comparison
Technical Details Comparison
Usage Comparison
Evaluation Comparison
Performance Metrics Comparison

General Information Comparison

Indicator Type 📊

The category or classification of the trading indicator based on its primary function and analysis method.

Chaikin Money Flow Oscillator

Volume

Chaikin Money Flow Oscillator is a Volume type indicator. Indicators that analyze trading volume to confirm price movements

Relative Vigor Index (RVI)

Momentum

Relative Vigor Index (RVI) is a Momentum type indicator. Measures rate of price change, ideal for identifying strong trends Click to see all.

Percentage Volume Oscillator (PVO)

Volume

Percentage Volume Oscillator (PVO) is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Asset Class 💰

Specifies the financial instruments for which the indicator is most commonly used

For all*

Stocks

Indicators optimized for analyzing and predicting stock price movements in equity markets.

Chaikin Money Flow Oscillator

Commodities

The asset classes Chaikin Money Flow Oscillator 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)

Forex

The asset classes Relative Vigor Index (RVI) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.

Percentage Volume Oscillator (PVO)

Commodities

The asset classes Percentage Volume Oscillator (PVO) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Known for 💭

The unique selling point or distinguishing feature of the trading indicator

Chaikin Money Flow Oscillator

Measuring Buying/Selling Pressure

Chaikin Money Flow Oscillator is known for Measuring Buying/Selling Pressure.

Relative Vigor Index (RVI)

Trend Confirmation

Relative Vigor Index (RVI) is known for Trend Confirmation.

Percentage Volume Oscillator (PVO)

Identifying Volume Trends

Percentage Volume Oscillator (PVO) is known for Identifying Volume Trends.
Made In 🌍

The country or origin of the trading indicator

Chaikin Money Flow Oscillator

1980S

Chaikin Money Flow Oscillator was developed in 1980S. Trading indicators developed during a decade of economic growth and technological advancement Click to see all.

Relative Vigor Index (RVI)

Russia

Relative Vigor Index (RVI) was developed in Russia. Trading indicators developed by Russian market analysts

Percentage Volume Oscillator (PVO)

1990S

Percentage Volume Oscillator (PVO) was developed in 1990S. Trading indicators created during the dot-com boom era Click to see all.

Characteristics Comparison

Lagging or Leading 🏁

Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.

For all*

Leading

Indicators that predict future price movements
Complexity Level 🧑

Indicates the level of expertise required to effectively use the indicator

For all*

Intermediate

Indicators balancing complexity and usability for traders with some experience.
Popularity 🏆

Indicates how widely used and recognized the indicator is in the trading community

Chaikin Money Flow Oscillator

Medium

The popularity of Chaikin Money Flow Oscillator among traders is considered Medium. Indicators with balanced adoption and potential effectiveness

Relative Vigor Index (RVI)

Low

The popularity of Relative Vigor Index (RVI) among traders is considered Low. Indicators with lower adoption but potential unique insights

Percentage Volume Oscillator (PVO)

Low

The 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 indicator

Chaikin Money Flow Oscillator

Developed by Marc Chaikin a Wall Street analyst

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 indicator

Chaikin Money Flow Oscillator

Sometimes the money flows right out of your trading account

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*

Daily

Indicators optimized for daily chart analysis, suitable for swing and position traders.

Relative Vigor Index (RVI)

Weekly

Relative Vigor Index (RVI) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.

Technical Details Comparison

Calculation Method 🧮

The mathematical or analytical approach used to compute the trading indicator's values.

Chaikin Money Flow Oscillator

Volume

Chaikin Money Flow Oscillator uses the Volume calculation method. Indicators using trading volume data to analyze market trends and momentum. Click to see all.

Price

Chaikin Money Flow Oscillator uses the Price calculation method. Indicators primarily using price data for market analysis and prediction. Click to see all.

Relative Vigor Index (RVI)

Oscillators

Relative Vigor Index (RVI) uses the Oscillators calculation method. Indicators that oscillate between fixed values to show overbought or oversold conditions. Click to see all.

Percentage Volume Oscillator (PVO)

Volume

Percentage Volume Oscillator (PVO) uses the Volume calculation method. Indicators using trading volume data to analyze market trends and momentum. Click to see all.
Signal Generation 📊

Describes the methods by which the indicator produces trading signals

For all*

Crossovers

Indicators that generate signals when one line crosses another, indicating trend changes

Chaikin Money Flow Oscillator

Thresholds

Chaikin Money Flow Oscillator generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met

Relative Vigor Index (RVI)

Divergences

Relative Vigor Index (RVI) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals

Percentage Volume Oscillator (PVO)

Divergences

Percentage 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 indicator

For all*

Period

Enables customization of analysis timeframe

Chaikin Money Flow Oscillator

Smoothing

Chaikin Money Flow Oscillator offers customization options for Smoothing. Adjustable smoothing for noise reduction Click to see all.

Relative Vigor Index (RVI)

Signal Line

Relative Vigor Index (RVI) offers customization options for Signal Line. Customizable signal line for precise trend identification Click to see all.

Percentage Volume Oscillator (PVO)

Signal Line

Percentage Volume Oscillator (PVO) offers customization options for Signal Line. Customizable signal line for precise trend identification Click to see all.

Usage Comparison

For whom 👥

The target audience or user group for the trading indicator

Chaikin Money Flow Oscillator

Institutional Traders

Chaikin Money Flow Oscillator is designed for Institutional Traders. Tailored for large-scale trading decisions and portfolio management Click to see all.

Volume Analysts

Chaikin Money Flow Oscillator is designed for Volume Analysts. Focuses on trading volume patterns and anomalies, crucial for volume-based analysis Click to see all.

Relative Vigor Index (RVI)

Technical Traders

Relative Vigor Index (RVI) is designed for Technical Traders. Offers advanced technical analysis tools, ideal for chart-based trading strategies Click to see all.

Percentage Volume Oscillator (PVO)

Volume Analysts

Percentage 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 Traders

Percentage 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 indicator

Chaikin Money Flow Oscillator

Accumulation/Distribution Analysis

Chaikin Money Flow Oscillator is primarily used for Accumulation/Distribution Analysis. Indicators for analyzing buying/selling pressure Click to see all.

Trend Confirmation

Chaikin Money Flow Oscillator is primarily used for Trend Confirmation. Indicators that validate the strength and direction of price movements Click to see all.

Relative Vigor Index (RVI)

Measuring Buying/Selling Vigor

Relative Vigor Index (RVI) is primarily used for Measuring Buying/Selling Vigor. Indicators that assess strength of buying and selling pressure Click to see all.

Percentage Volume Oscillator (PVO)

Volume Trend

Percentage Volume Oscillator (PVO) is primarily used for Volume Trend. Tools that analyze trading volume patterns over time Click to see all.

Divergences

Percentage Volume Oscillator (PVO) is primarily used for Divergences.

Evaluation Comparison

Pros 👍

Advantages of using the trading indicator

Chaikin Money Flow Oscillator

Combines Price And Volume Analysis

Good For Identifying Potential Reversals

Relative Vigor Index (RVI)

Compares Closing Prices To Trading Ranges

Less Known And Unique

Offers alternative perspectives on market dynamics, potentially providing an edge

Percentage Volume Oscillator (PVO)

Helps Identify Volume Divergences

Good For Confirming Price Trends
Cons 👎

Disadvantages or limitations of the trading indicator

Chaikin Money Flow Oscillator

Can Be Less Effective In Low-Volume Markets

Requires Understanding Of Accumulation/Distribution Concepts

Relative Vigor Index (RVI)

Can Be Unreliable In Ranging Markets

Indicators that excel in sideways or consolidating markets, providing accurate signals Click to see all.

Requires Confirmation

Refers 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 Analysis

Describes indicators that need knowledge of volume interpretation for effective use. Click to see all.