Compact mode

Aroon Up And Down vs Commitment Of Traders (COT) 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.

Aroon Up and Down

Trend

Aroon Up and Down is a Trend type indicator. Indicators that help identify and confirm market trends

Commitment of Traders (COT)

Sentiment

Commitment of Traders (COT) is a Sentiment type indicator. Indicators that measure market sentiment and trader emotions

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*

Commodities

Trading indicators optimized for commodity markets like oil, gold, and agricultural products.

Aroon Up and Down

Stocks

The asset classes Aroon Up and Down is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.

Forex

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

Commitment of Traders (COT)

Futures

The asset classes Commitment of Traders (COT) is typically used for are Futures. Indicators designed for trading futures contracts across various asset classes. Click to see all.

Detrended Price Oscillator (DPO)

Stocks

The asset classes Detrended Price Oscillator (DPO) is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.
Known for 💭

The unique selling point or distinguishing feature of the trading indicator

Aroon Up and Down

Identifying Potential Trend Changes

Aroon Up and Down is known for Identifying Potential Trend Changes.

Commitment of Traders (COT)

Insight Into Institutional Positioning

Commitment of Traders (COT) is known for Insight Into Institutional Positioning.

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

Aroon Up and Down

USA

Aroon Up and Down was developed in USA. Trading indicators developed by American market analysts

Commitment of Traders (COT)

USA

Commitment of Traders (COT) was developed in USA. Trading indicators developed by American market analysts

Detrended Price Oscillator (DPO)

United States

Detrended Price Oscillator (DPO) was developed in 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.

For all*

Leading

Indicators that predict future price movements
Complexity Level 🧑

Indicates the level of expertise required to effectively use the indicator

Aroon Up and Down

Intermediate

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

Commitment of Traders (COT)

Advanced

The complexity level of Commitment of Traders (COT) is Advanced. Sophisticated indicators designed for traders with extensive market knowledge and 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

Aroon Up and Down

Medium

The popularity of Aroon Up and Down among traders is considered Medium. Indicators with balanced adoption and potential effectiveness

Commitment of Traders (COT)

Medium

The popularity of Commitment of Traders (COT) 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

Aroon Up and Down

Developed by Tushar Chande in 1995

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

Aroon Up and Down

Even Aroon can't predict when your investments will go 'Aroon-d' the bend!

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.

Aroon Up and Down

Daily

Aroon Up and Down 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

Calculation Method 🧮

The mathematical or analytical approach used to compute the trading indicator's values.

Aroon Up and Down

Statistical

Aroon Up and Down uses the Statistical calculation method. Indicators using statistical methods for market analysis and prediction. Click to see all.

Commitment of Traders (COT)

Statistical

Commitment of Traders (COT) uses the Statistical calculation method. Indicators using statistical methods for market analysis and prediction. 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

Aroon Up and Down

Crossovers

Aroon Up and Down generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes

Divergences

Aroon Up and Down generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals

Commitment of Traders (COT)

Position Changes

Commitment of Traders (COT) generates trading signals through Position Changes. Indicators that signal when to alter trading positions based on market conditions

Extremes

Commitment of Traders (COT) generates trading signals through Extremes. Indicators that identify overbought or oversold conditions in the market

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

Aroon Up and Down

Period

Aroon Up and Down offers customization options for Period. Enables customization of analysis timeframe Click to see all.

Thresholds

Aroon Up and Down offers customization options for Thresholds. Customizable thresholds for signal generation Click to see all.

Commitment of Traders (COT)

Report Categories

Commitment of Traders (COT) offers customization options for Report Categories. Enables customization of analysis report types or sections Click to see all.

Time Periods

Commitment of Traders (COT) offers customization options for Time Periods. Customizable multiple time periods for analysis Click to see all.

Detrended Price Oscillator (DPO)

Period

Detrended Price Oscillator (DPO) offers customization options for Period. Enables customization of analysis timeframe Click to see all.

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

Aroon Up and Down

Technical Analysts

Aroon Up and Down is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.

Swing Traders

Aroon Up and Down is designed for Swing Traders. Identifies medium-term trends and potential reversal points, ideal for multi-day positions Click to see all.

Commitment of Traders (COT)

Institutional Traders

Commitment of Traders (COT) is designed for Institutional Traders. Tailored for large-scale trading decisions and portfolio management Click to see all.

Commodity Analysts

Commitment of Traders (COT) is designed for Commodity Analysts. Specialized tools for analyzing trends and patterns in commodity markets 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

Aroon Up and Down

Trend Strength Analysis

Aroon Up and Down is primarily used for Trend Strength Analysis.

Trend Reversals

Aroon Up and Down is primarily used for Trend Reversals. Indicators that help traders spot potential changes in market direction Click to see all.

Commitment of Traders (COT)

Market Sentiment Analysis

Commitment of Traders (COT) is primarily used for Market Sentiment Analysis. Indicators that gauge overall market mood and psychology Click to see all.

Long-Term Trend Prediction

Commitment of Traders (COT) is primarily used for Long-Term Trend Prediction. Indicators that excel at forecasting extended market 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

Aroon Up and Down

Measures Trend Strength

Indicates Potential Reversals

Easy To Interpret

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

Aroon Up and Down

Can Produce False Signals

Lag In Volatile Markets

Limited Use 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