Chaikin Volatility vs Commitment of Traders (COT) vs Detrended Price Oscillator (DPO)
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Chaikin Volatility vs Commitment Of Traders (COT) vs Detrended Price Oscillator (DPO)

General Information Comparison

Characteristics Comparison

Facts Comparison

  • Interesting Fact 💡

    An intriguing or lesser-known fact about the trading indicator
    Chaikin Volatility
    • Developed by Marc Chaikin to complement his other indicators
    Commitment of Traders (COT)
    • Mandated by the Commodity Exchange Act in 1962
    Detrended Price Oscillator (DPO)
    • Designed to eliminate trend from price
  • Sarcastic Fact 😉

    A humorous or ironic observation about the trading indicator
    Chaikin Volatility
    • Sometimes called the "options trader's crystal ball"
    Commitment of Traders (COT)
    • It's like peeking at the big players' cards - if only they weren't playing poker face!
    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*
    • Weekly
      Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
    Chaikin Volatility
    • Daily
      Chaikin Volatility is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
    Detrended Price Oscillator (DPO)
    • Daily
      Detrended Price Oscillator (DPO) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.

Technical Details Comparison

Usage Comparison

Evaluation Comparison

  • Pros 👍

    Advantages of using the trading indicator
    Chaikin Volatility
    • Helps Identify Potential Breakouts
    • Useful For Options Pricing
      Indicators that aid in determining fair value and volatility for options trading
    Commitment of Traders (COT)
    • Provides Insight Into Big Players' Positions
      Helps track large-scale market participants' activities, aiding in strategy alignment
    • Useful For Long-Term Analysis
      Indicators suited for analyzing extended time periods and identifying major trends
    • Free Data From CFTC
      Indicators utilizing freely available data from the Commodity Futures Trading Commission
    Detrended Price Oscillator (DPO)
    • Helps Identify Cycles
    • Removes Long-Term Trend Bias
  • Cons 👎

    Disadvantages or limitations of the trading indicator
    Chaikin Volatility
    • Can Be Late In Signaling Volatility Changes
    • May Produce False Signals In Ranging Markets
    Commitment of Traders (COT)
    • Weekly Reporting Lag
    • Complex Interpretation
    • Limited To Futures Markets
    Detrended Price Oscillator (DPO)
    • Complex Interpretation
    • Limited Use In Strong Trends

Performance Metrics Comparison

Alternatives to Chaikin Volatility
Donchian Channels
Known for Simplicity And Effectiveness
💯 is more reliable than Chaikin Volatility
💻 is easier to use than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Volume Oscillator
Known for Volume Divergence
💯 is more reliable than Chaikin Volatility
💻 is easier to use than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Choppiness Index
Known for Identifying Trending Vs Choppy Markets
💯 is more reliable than Chaikin Volatility
🔀 is more versatile than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Keltner Channels
Known for Combining Moving Averages With Volatility
💯 is more reliable than Chaikin Volatility
💻 is easier to use than Chaikin Volatility
🔧 is more customizable than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Price Channel
Known for Range-Bound Trading
💯 is more reliable than Chaikin Volatility
💻 is easier to use than Chaikin Volatility
Directional Movement Index (DMI)
Known for Strength Of Price Movement
💯 is more reliable than Chaikin Volatility
💻 is easier to use than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Linear Regression Indicator
Known for Predicting Price Trends
💯 is more reliable than Chaikin Volatility
Moving Average Envelope
Known for Price Range Visualization
💯 is more reliable than Chaikin Volatility
💻 is easier to use than Chaikin Volatility
is rated higher overall than Chaikin Volatility
Elder Triple Screen
Known for Trend-Momentum Alignment
💯 is more reliable than Chaikin Volatility
🔀 is more versatile than Chaikin Volatility
🔧 is more customizable than Chaikin Volatility
is rated higher overall than Chaikin Volatility