Compact mode
Force Index vs Detrended Price Oscillator (DPO) vs Mass Index
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Force Index- VolumeForce Index is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Detrended Price Oscillator (DPO)- TrendDetrended Price Oscillator (DPO) is a Trend type indicator. Indicators that help identify and confirm market trends
Mass IndexAsset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Detrended Price Oscillator (DPO)Mass IndexKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorForce Index- Combining Price Changes With VolumeForce Index is known for Combining Price Changes With Volume.
Detrended Price Oscillator (DPO)- Eliminating Long-Term TrendsDetrended Price Oscillator (DPO) is known for Eliminating Long-Term Trends.
Mass Index- Volatility-Based Reversal PredictionMass Index is known for Volatility-Based Reversal Prediction.
Made In 🌍
The country or origin of the trading indicatorFor all*- United StatesIndicators 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*Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorForce IndexDetrended Price Oscillator (DPO)Mass IndexPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityFor all*- LowIndicators with lower adoption but potential unique insights
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorForce Index- Developed by Dr. Alexander Elder
Detrended Price Oscillator (DPO)- Designed to eliminate trend from price
Mass Index- Created by Donald Dorsey
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorForce Index- It's like measuring the market's muscle power
Detrended Price Oscillator (DPO)- It's like a time machine for price trends
Mass Index- It's like predicting market earthquakes
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.
Detrended Price Oscillator (DPO)- WeeklyDetrended Price Oscillator (DPO) 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.Force IndexDetrended Price Oscillator (DPO)Mass IndexSignal Generation 📊
Describes the methods by which the indicator produces trading signalsForce Index- DivergencesForce Index generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Detrended Price Oscillator (DPO)- CyclesDetrended Price Oscillator (DPO) generates trading signals through Cycles. Indicators that identify recurring patterns or cycles in market movements
- DivergencesDetrended Price Oscillator (DPO) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Mass Index- ThresholdsMass Index generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Detrended Price Oscillator (DPO)Mass Index
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorForce IndexDetrended Price Oscillator (DPO)Mass IndexPurpose 📈
The primary purpose or application of the trading indicatorForce IndexDetrended Price Oscillator (DPO)- Identifying Cycles And TrendsDetrended Price Oscillator (DPO) is primarily used for Identifying Cycles And Trends.
Mass Index
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorForce Index- Provides Insight Into Buying/Selling PressureReveals market supply and demand dynamics, aiding in trend prediction
- Confirms Trends
Detrended Price Oscillator (DPO)- Helps Identify Cycles
- Removes Long-Term Trend Bias
Mass Index- Identifies Potential Reversals
- Unique Approach To Volatility
Cons 👎
Disadvantages or limitations of the trading indicatorForce Index- Can Be Volatile In Low-Volume ConditionsIndicators that remain stable and accurate in low-volume trading environments Click to see all.
- Requires Smoothing For Better Signals
Detrended Price Oscillator (DPO)- Complex Interpretation
- Limited Use In Strong Trends
Mass Index
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorForce IndexDetrended Price Oscillator (DPO)Mass IndexEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isForce IndexDetrended Price Oscillator (DPO)Mass IndexVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesForce IndexDetrended Price Oscillator (DPO)Mass IndexCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorForce Index- 6.5The customization score for Force Index is 6.5 out of 10.
Detrended Price Oscillator (DPO)- 7.5The customization score for Detrended Price Oscillator (DPO) is 7.5 out of 10.
Mass Index- 6.5The customization score for Mass Index is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsForce IndexDetrended Price Oscillator (DPO)Mass Index
Alternatives to Force Index
Know Sure Thing (KST)
Known for Trend Strength Measurement
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is more reliable than Detrended Price Oscillator (DPO)
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is more versatile than Detrended Price Oscillator (DPO)
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is rated higher overall than Detrended Price Oscillator (DPO)
Elder-Ray Index
Known for Combining Trend And Momentum
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is more reliable than Detrended Price Oscillator (DPO)
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is more versatile than Detrended Price Oscillator (DPO)
⭐
is rated higher overall than Detrended Price Oscillator (DPO)
Elder Triple Screen
Known for Trend-Momentum Alignment
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is more reliable than Detrended Price Oscillator (DPO)
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is more versatile than Detrended Price Oscillator (DPO)
🔧
is more customizable than Detrended Price Oscillator (DPO)
⭐
is rated higher overall than Detrended Price Oscillator (DPO)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
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is more reliable than Detrended Price Oscillator (DPO)
💻
is easier to use than Detrended Price Oscillator (DPO)
⭐
is rated higher overall than Detrended Price Oscillator (DPO)
Relative Vigor Index (RVI)
Known for Trend Confirmation
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is easier to use than Detrended Price Oscillator (DPO)
Elder Force Index
Known for Combining Price And Volume
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is more versatile than Detrended Price Oscillator (DPO)
Ichimoku Cloud
Known for All-In-One Indicator
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is more reliable than Detrended Price Oscillator (DPO)
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is more versatile than Detrended Price Oscillator (DPO)
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is rated higher overall than Detrended Price Oscillator (DPO)
Choppiness Index
Known for Identifying Trending Vs Choppy Markets
💯
is more reliable than Detrended Price Oscillator (DPO)
💻
is easier to use than Detrended Price Oscillator (DPO)
🔀
is more versatile than Detrended Price Oscillator (DPO)
⭐
is rated higher overall than Detrended Price Oscillator (DPO)
Moving Average Envelope
Known for Price Range Visualization
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is more reliable than Detrended Price Oscillator (DPO)
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is easier to use than Detrended Price Oscillator (DPO)
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is rated higher overall than Detrended Price Oscillator (DPO)