Compact mode
Keltner Channels vs Chaikin Oscillator 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.Keltner ChannelsChaikin Oscillator- VolumeChaikin Oscillator is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Percentage Volume Oscillator (PVO)- VolumePercentage 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 usedFor all*Keltner ChannelsChaikin OscillatorPercentage Volume Oscillator (PVO)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorKeltner Channels- Combining Moving Averages With VolatilityKeltner Channels is known for Combining Moving Averages With Volatility.
Chaikin Oscillator- Accumulation/Distribution TrendsChaikin Oscillator is known for Accumulation/Distribution Trends.
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 indicatorKeltner Channels- United StatesKeltner Channels was developed in United States. Indicators developed in the USA, reflecting American trading principles
Chaikin Oscillator- United StatesChaikin Oscillator 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.Keltner Channels- LaggingKeltner Channels is a Lagging indicator. Indicators that confirm trends after they have started
Chaikin OscillatorPercentage 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 communityKeltner Channels- MediumThe popularity of Keltner Channels among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Chaikin Oscillator- MediumThe popularity of Chaikin Oscillator among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
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 indicatorKeltner Channels- Named after Chester Keltner
Chaikin Oscillator- Developed by Marc Chaikin a renowned stock analyst
Percentage Volume Oscillator (PVO)- Adapted from the Percentage Price Oscillator (PPO) for volume analysis
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorKeltner 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
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.
Keltner Channels- WeeklyKeltner Channels is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Chaikin Oscillator- WeeklyChaikin Oscillator 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.Keltner ChannelsChaikin Oscillator- Moving AveragesChaikin Oscillator uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.
- Volume-BasedChaikin Oscillator uses the Volume-Based calculation method. Indicators that analyze trading volume patterns for market insight. Click to see all.
Percentage Volume Oscillator (PVO)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsKeltner Channels- BreakoutsKeltner Channels generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Chaikin Oscillator- CrossoversChaikin Oscillator generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- DivergencesChaikin Oscillator generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Percentage Volume Oscillator (PVO)- CrossoversPercentage Volume Oscillator (PVO) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- 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*Keltner ChannelsChaikin OscillatorPercentage Volume Oscillator (PVO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorKeltner ChannelsChaikin OscillatorPercentage 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 indicatorKeltner ChannelsChaikin OscillatorPercentage 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 indicatorKeltner Channels- Less Sensitive To Spikes Than Bollinger BandsProvides 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
Percentage Volume Oscillator (PVO)- Helps Identify Volume Divergences
- Good For Confirming Price Trends
Cons 👎
Disadvantages or limitations of the trading indicatorKeltner Channels- Can Produce False Signals In Choppy MarketsIndicators 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
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 indicatorKeltner ChannelsChaikin OscillatorPercentage Volume Oscillator (PVO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isKeltner ChannelsChaikin OscillatorPercentage Volume Oscillator (PVO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesKeltner ChannelsChaikin OscillatorPercentage Volume Oscillator (PVO)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorKeltner Channels- 8The customization score for Keltner Channels is 8 out of 10.
Chaikin Oscillator- 7.5The customization score for Chaikin Oscillator is 7.5 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 metricsKeltner ChannelsChaikin OscillatorPercentage Volume Oscillator (PVO)
Alternatives to Keltner Channels
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
💻
is easier to use than Chaikin Oscillator
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement
🔀
is more versatile than Chaikin Oscillator
⭐
is rated higher overall than Chaikin Oscillator
Elder-Ray Index
Known for Combining Trend And Momentum
🔀
is more versatile than Chaikin Oscillator
Volume Oscillator
Known for Volume Divergence
🔀
is more versatile than Chaikin Oscillator
Aroon Indicator
Known for Measuring Time Between Highs And Lows
🔀
is more versatile than Chaikin Oscillator
Moving Average Envelope
Known for Price Range Visualization
💻
is easier to use than Chaikin Oscillator
⭐
is rated higher overall than Chaikin Oscillator
Chaikin Money Flow Oscillator
Known for Measuring Buying/Selling Pressure
🔀
is more versatile than Chaikin Oscillator
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
🔀
is more versatile than Chaikin Oscillator