Compact mode

Keltner Channels vs Chaikin Oscillator vs Detrended Price Oscillator (DPO)

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.

Keltner Channels

Volatility

Keltner Channels is a Volatility type indicator. Indicators that measure market volatility and price fluctuations Click to see all.

Chaikin Oscillator

Volume

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

Detrended Price Oscillator (DPO)

Trend

Detrended Price Oscillator (DPO) is a Trend type indicator. Indicators that help identify and confirm market trends
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.

Keltner Channels

Forex

The asset classes Keltner Channels is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.

Chaikin Oscillator

Commodities

The asset classes Chaikin Oscillator is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.

Detrended Price Oscillator (DPO)

Commodities

The asset classes Detrended Price Oscillator (DPO) 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

Keltner Channels

Combining Moving Averages With Volatility

Keltner Channels is known for Combining Moving Averages With Volatility.

Chaikin Oscillator

Accumulation/Distribution Trends

Chaikin Oscillator is known for Accumulation/Distribution Trends.

Detrended Price Oscillator (DPO)

Eliminating Long-Term Trends

Detrended Price Oscillator (DPO) is known for Eliminating Long-Term Trends.
Made In 🌍

The country or origin of the trading indicator

For all*

United States

Indicators developed in the USA, reflecting American trading principles

Characteristics Comparison

Lagging or Leading 🏁

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

Keltner Channels

Lagging

Keltner Channels is a Lagging indicator. Indicators that confirm trends after they have started

Chaikin Oscillator

Leading

Chaikin Oscillator is a Leading indicator. Indicators that predict future price movements Click to see all.

Detrended Price Oscillator (DPO)

Leading

Detrended Price Oscillator (DPO) is a Leading indicator. Indicators that predict future price movements Click to see all.
Complexity Level 🧑

Indicates the level of expertise required to effectively use the indicator

Keltner Channels

Intermediate

The complexity level of Keltner Channels is Intermediate. Indicators balancing complexity and usability for traders with some experience. Click to see all.

Chaikin Oscillator

Intermediate

The complexity level of Chaikin Oscillator is Intermediate. Indicators balancing complexity and usability for traders with some experience. Click to see all.

Detrended Price Oscillator (DPO)

Advanced

The complexity level of Detrended Price Oscillator (DPO) is Advanced. Sophisticated indicators designed for traders with extensive market knowledge and experience. Click to see all.
Popularity 🏆

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

Keltner Channels

Medium

The popularity of Keltner Channels among traders is considered Medium. Indicators with balanced adoption and potential effectiveness

Chaikin Oscillator

Medium

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

Detrended Price Oscillator (DPO)

Low

The popularity of Detrended Price Oscillator (DPO) 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

Keltner Channels

Named after Chester Keltner

Chaikin Oscillator

Developed by Marc Chaikin a renowned stock analyst

Detrended Price Oscillator (DPO)

Designed to eliminate trend from price
Sarcastic Fact 😉

A humorous or ironic observation about the trading indicator

Keltner Channels

It's like a bodyguard for price trends keeping them in check

Chaikin Oscillator

Sometimes referred to as the 'volume whisperer' in trading circles

Detrended Price Oscillator (DPO)

It's like a time machine for price trends

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.

Weekly

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.

Keltner Channels

Moving Averages

Keltner Channels uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.

Chaikin Oscillator

Moving Averages

Chaikin Oscillator uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.

Volume-Based

Chaikin Oscillator uses the Volume-Based calculation method. Indicators that analyze trading volume patterns for market insight. Click to see all.

Detrended Price Oscillator (DPO)

Price-Based

Detrended Price Oscillator (DPO) uses the Price-Based calculation method. Indicators focusing on price movements and patterns for market analysis. Click to see all.
Signal Generation 📊

Describes the methods by which the indicator produces trading signals

Keltner Channels

Breakouts

Keltner Channels generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends

Chaikin Oscillator

Crossovers

Chaikin Oscillator generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes

Divergences

Chaikin Oscillator generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals

Detrended Price Oscillator (DPO)

Cycles

Detrended Price Oscillator (DPO) generates trading signals through Cycles. Indicators that identify recurring patterns or cycles in market movements

Divergences

Detrended Price Oscillator (DPO) 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

Keltner Channels

Multiplier

Keltner Channels offers customization options for Multiplier. Allows customization of indicator's sensitivity or magnitude Click to see all.

Chaikin Oscillator

Moving Average Type

Chaikin Oscillator offers customization options for Moving Average Type. Enables selection of specific moving average calculation method Click to see all.

Detrended Price Oscillator (DPO)

Cycle Length

Detrended Price Oscillator (DPO) offers customization options for Cycle Length. Allows traders to customize the time frame for pattern recognition Click to see all.

Usage Comparison

For whom 👥

The target audience or user group for the trading indicator

Keltner Channels

Technical Traders

Keltner Channels is designed for Technical Traders. Offers advanced technical analysis tools, ideal for chart-based trading strategies Click to see all.

Chaikin Oscillator

Stock Traders

Chaikin Oscillator is designed for Stock Traders. Tailored for equity market analysis, focusing on stock-specific patterns Click to see all.

Detrended Price Oscillator (DPO)

Cycle Analysts

Detrended Price Oscillator (DPO) is designed for Cycle Analysts. Tools that help identify and predict market cycles and patterns Click to see all.
Purpose 📈

The primary purpose or application of the trading indicator

Keltner Channels

Trend And Volatility Analysis

Keltner Channels is primarily used for Trend And Volatility Analysis. Indicators that assess price direction and market fluctuations Click to see all.

Chaikin Oscillator

Volume Analysis

Chaikin Oscillator is primarily used for Volume Analysis. Tools that assess trading volume to provide insights into price movements Click to see all.

Detrended Price Oscillator (DPO)

Identifying Cycles And Trends

Detrended Price Oscillator (DPO) is primarily used for Identifying Cycles And Trends.

Evaluation Comparison

Pros 👍

Advantages of using the trading indicator

Keltner Channels

Less Sensitive To Spikes Than Bollinger Bands

Provides more stable signals in volatile markets compared to Bollinger Bands

Good For Identifying Trends

Chaikin Oscillator

Combines Price And Volume Analysis

Useful For Confirming Trends

Detrended Price Oscillator (DPO)

Helps Identify Cycles

Removes Long-Term Trend Bias
Cons 👎

Disadvantages or limitations of the trading indicator

Keltner Channels

Can Produce False Signals In Choppy Markets

Indicators that minimize false signals in erratic or indecisive market conditions Click to see all.

Requires Proper Parameter Setting

Chaikin Oscillator

Can Be Less Effective In Low-Volume Markets

May Produce Lag In Fast-Moving Markets

Detrended Price Oscillator (DPO)

Complex Interpretation

Limited Use In Strong Trends