Commitment of Traders (COT) vs Detrended Price Oscillator (DPO)
Compact mode

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
    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
    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.
    Both*
    • Weekly
      Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
    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

Evaluation Comparison

  • Pros 👍

    Advantages of using the trading indicator
    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
    Both*
    • Complex Interpretation
    Commitment of Traders (COT)
    • Weekly Reporting Lag
    • Limited To Futures Markets
    Detrended Price Oscillator (DPO)
    • Limited Use In Strong Trends

Performance Metrics Comparison

Alternatives to Commitment of Traders (COT)
Aroon Up And Down
Known for Identifying Potential Trend Changes
💻 is easier to use than Commitment of Traders (COT)
is rated higher overall than Commitment of Traders (COT)
Choppiness Index
Known for Identifying Trending Vs Choppy Markets
🔀 is more versatile than Commitment of Traders (COT)
🔧 is more customizable than Commitment of Traders (COT)
is rated higher overall than Commitment of Traders (COT)
Woodies CCI
Known for Modification Of Traditional CCI
🔀 is more versatile than Commitment of Traders (COT)
🔧 is more customizable than Commitment of Traders (COT)
is rated higher overall than Commitment of Traders (COT)
Chaikin Volatility
Known for Trend Strength Confirmation
🔀 is more versatile than Commitment of Traders (COT)
🔧 is more customizable than Commitment of Traders (COT)
is rated higher overall than Commitment of Traders (COT)
Stochastic RSI
Known for Combining Strengths Of Two Popular Indicators
🔀 is more versatile than Commitment of Traders (COT)
🔧 is more customizable than Commitment of Traders (COT)
is rated higher overall than Commitment of Traders (COT)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
💻 is easier to use than Commitment of Traders (COT)
🔧 is more customizable than Commitment of Traders (COT)
is rated higher overall than Commitment of Traders (COT)
Volume Oscillator
Known for Volume Divergence
💻 is easier to use than Commitment of Traders (COT)
🔀 is more versatile than Commitment of Traders (COT)
🔧 is more customizable than Commitment of Traders (COT)
is rated higher overall than Commitment of Traders (COT)
Ichimoku Cloud
Known for All-In-One Indicator
🔀 is more versatile than Commitment of Traders (COT)
🔧 is more customizable than Commitment of Traders (COT)
is rated higher overall than Commitment of Traders (COT)