Compact mode
Chande Momentum Oscillator (CMO) vs Fast Stochastic vs Relative Vigor Index (RVI)
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*Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*- StocksIndicators optimized for analyzing and predicting stock price movements in equity markets.
- ForexIndicators optimized for currency pair trading in the foreign exchange market.
Chande Momentum Oscillator (CMO)Fast StochasticKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorChande Momentum Oscillator (CMO)- Momentum MeasurementChande Momentum Oscillator (CMO) is known for Momentum Measurement.
Fast Stochastic- Rapid Momentum ShiftsFast Stochastic is known for Rapid Momentum Shifts.
Relative Vigor Index (RVI)- Trend ConfirmationRelative Vigor Index (RVI) is known for Trend Confirmation.
Made In 🌍
The country or origin of the trading indicatorChande Momentum Oscillator (CMO)Fast Stochastic- United StatesFast Stochastic was developed in United States. Indicators developed in the USA, reflecting American trading principles
Relative Vigor Index (RVI)- RussiaRelative Vigor Index (RVI) was developed in Russia. Trading indicators developed by Russian market analysts
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 indicatorFor all*Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityChande Momentum Oscillator (CMO)- LowThe popularity of Chande Momentum Oscillator (CMO) among traders is considered Low. Indicators with lower adoption but potential unique insights
Fast Stochastic- HighThe popularity of Fast Stochastic among traders is considered High. Widely used and trusted indicators in the trading community
Relative Vigor Index (RVI)- LowThe popularity of Relative Vigor Index (RVI) 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 indicatorChande Momentum Oscillator (CMO)- Developed by Tushar Chande in 1994
Fast Stochastic- Often used in conjunction with Slow Stochastic for confirmation
Relative Vigor Index (RVI)- Developed by John Ehlers
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorChande Momentum Oscillator (CMO)- It's the yoga of momentum indicators - flexible but disciplined
Fast Stochastic- Nicknamed the "hare" in contrast to Slow Stochastic's "tortoise"
Relative Vigor Index (RVI)- It's like measuring the market's caffeine intake
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.
Chande Momentum Oscillator (CMO)- WeeklyChande Momentum Oscillator (CMO) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Fast Stochastic- HourlyFast Stochastic is most effective for Hourly timeframes. Indicators tailored for hourly chart analysis, ideal for day traders and short-term strategies.
Relative Vigor Index (RVI)- WeeklyRelative 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.Chande Momentum Oscillator (CMO)Fast StochasticRelative Vigor Index (RVI)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*- DivergencesIndicators that show discrepancies between price and indicator movements, suggesting potential reversals
Chande Momentum Oscillator (CMO)- ThresholdsChande Momentum Oscillator (CMO) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Fast Stochastic- CrossoversFast Stochastic generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Relative Vigor Index (RVI)- CrossoversRelative Vigor Index (RVI) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Chande Momentum Oscillator (CMO)Fast StochasticRelative Vigor Index (RVI)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorChande Momentum Oscillator (CMO)Fast StochasticRelative Vigor Index (RVI)Purpose 📈
The primary purpose or application of the trading indicatorChande Momentum Oscillator (CMO)Fast Stochastic- Quick Entry/Exit SignalsFast Stochastic is primarily used for Quick Entry/Exit Signals.
Relative Vigor Index (RVI)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorChande Momentum Oscillator (CMO)- Less Prone To WhipsawsMinimizes false signals in volatile markets, improving trade accuracy
- Effective In Trending Markets
Fast Stochastic- Provides Earlier Signals Than Slow Stochastic
- Useful For Short-Term Trading
Relative Vigor Index (RVI)- Compares Closing Prices To Trading Ranges
- Less Known And UniqueOffers alternative perspectives on market dynamics, potentially providing an edge
Cons 👎
Disadvantages or limitations of the trading indicatorChande Momentum Oscillator (CMO)- Can Stay In Extreme Zones For Extended PeriodsIndicators that provide timely exit signals from overbought or oversold conditions Click to see all.
- Less KnownIndicators not widely recognized, potentially offering unique insights but with limited community support. Click to see all.
Fast Stochastic- More Prone To False SignalsIndicates that some indicators may generate more unreliable trading signals than others. Click to see all.
- Requires Careful Interpretation
Relative Vigor Index (RVI)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorChande Momentum Oscillator (CMO)Fast StochasticRelative Vigor Index (RVI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isChande Momentum Oscillator (CMO)Fast StochasticRelative Vigor Index (RVI)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesChande Momentum Oscillator (CMO)Fast StochasticRelative Vigor Index (RVI)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorChande Momentum Oscillator (CMO)- 7The customization score for Chande Momentum Oscillator (CMO) is 7 out of 10.
Fast Stochastic- 6.5The customization score for Fast Stochastic is 6.5 out of 10.
Relative Vigor Index (RVI)- 7The customization score for Relative Vigor Index (RVI) is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsChande Momentum Oscillator (CMO)Fast StochasticRelative Vigor Index (RVI)
Alternatives to Chande Momentum Oscillator (CMO)
Ultimate Oscillator
Known for Multi-Timeframe Analysis
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is more versatile than Chande Momentum Oscillator (CMO)
Money Flow Index (MFI)
Known for Volume And Price Movements
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is rated higher overall than Chande Momentum Oscillator (CMO)
Know Sure Thing (KST)
Known for Trend Strength Measurement
🔀
is more versatile than Chande Momentum Oscillator (CMO)
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is more customizable than Chande Momentum Oscillator (CMO)
Choppiness Index
Known for Identifying Trending Vs Choppy Markets
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is more reliable than Chande Momentum Oscillator (CMO)
🔀
is more versatile than Chande Momentum Oscillator (CMO)
⭐
is rated higher overall than Chande Momentum Oscillator (CMO)
Relative Strength Index (RSI)
Known for Momentum Measurement
💯
is more reliable than Chande Momentum Oscillator (CMO)
💻
is easier to use than Chande Momentum Oscillator (CMO)
⭐
is rated higher overall than Chande Momentum Oscillator (CMO)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
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is more versatile than Chande Momentum Oscillator (CMO)
Elder-Ray Index
Known for Combining Trend And Momentum
🔀
is more versatile than Chande Momentum Oscillator (CMO)
🔧
is more customizable than Chande Momentum Oscillator (CMO)
⭐
is rated higher overall than Chande Momentum Oscillator (CMO)
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction
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is easier to use than Chande Momentum Oscillator (CMO)
🔀
is more versatile than Chande Momentum Oscillator (CMO)
⭐
is rated higher overall than Chande Momentum Oscillator (CMO)
Commodity Channel Index (CCI)
Known for Identifying Cyclical Trends
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is easier to use than Chande Momentum Oscillator (CMO)
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is more versatile than Chande Momentum Oscillator (CMO)
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is rated higher overall than Chande Momentum Oscillator (CMO)