Compact mode

Moving Average Envelope vs Detrended Price Oscillator (DPO) vs Relative Vigor Index (RVI)

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.

Moving Average Envelope

Trend

Moving Average Envelope is a Trend type indicator. Indicators that help identify and confirm market trends

Detrended Price Oscillator (DPO)

Trend

Detrended Price Oscillator (DPO) is a Trend type indicator. Indicators that help identify and confirm market trends

Relative Vigor Index (RVI)

Momentum

Relative Vigor Index (RVI) is a Momentum type indicator. Measures rate of price change, ideal for identifying strong trends Click to see all.
Asset Class 💰

Specifies the financial instruments for which the indicator is most commonly used

For all*

Stocks

Indicators optimized for analyzing and predicting stock price movements in equity markets.

Moving Average Envelope

Forex

The asset classes Moving Average Envelope is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.

Commodities

The asset classes Moving Average Envelope is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.

Detrended Price Oscillator (DPO)

Commodities

The asset classes Detrended Price Oscillator (DPO) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.

Relative Vigor Index (RVI)

Forex

The asset classes Relative Vigor Index (RVI) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
Known for 💭

The unique selling point or distinguishing feature of the trading indicator

Moving Average Envelope

Price Range Visualization

Moving Average Envelope is known for Price Range Visualization.

Detrended Price Oscillator (DPO)

Eliminating Long-Term Trends

Detrended Price Oscillator (DPO) is known for Eliminating Long-Term Trends.

Relative Vigor Index (RVI)

Trend Confirmation

Relative Vigor Index (RVI) is known for Trend Confirmation.
Made In 🌍

The country or origin of the trading indicator

Moving Average Envelope

United States

Moving Average Envelope was developed in United States. Indicators developed in the USA, reflecting American trading principles

Detrended Price Oscillator (DPO)

United States

Detrended Price Oscillator (DPO) was developed in United States. Indicators developed in the USA, reflecting American trading principles

Relative Vigor Index (RVI)

Russia

Relative 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.

Moving Average Envelope

Lagging

Moving Average Envelope is a Lagging indicator. Indicators that confirm trends after they have started

Detrended Price Oscillator (DPO)

Leading

Detrended Price Oscillator (DPO) is a Leading indicator. Indicators that predict future price movements Click to see all.

Relative Vigor Index (RVI)

Leading

Relative Vigor Index (RVI) is a Leading indicator. Indicators that predict future price movements Click to see all.
Complexity Level 🧑

Indicates the level of expertise required to effectively use the indicator

Moving Average Envelope

Beginner

The complexity level of Moving Average Envelope is Beginner. Simple and easy-to-understand indicators suitable for novice traders. 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.

Relative Vigor Index (RVI)

Intermediate

The complexity level of Relative Vigor Index (RVI) is Intermediate. Indicators balancing complexity and usability for traders with some experience. Click to see all.
Popularity 🏆

Indicates how widely used and recognized the indicator is in the trading community

Moving Average Envelope

Medium

The popularity of Moving Average Envelope 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

Relative Vigor Index (RVI)

Low

The 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 indicator

Moving Average Envelope

Envelopes typically use 2% above and below the moving average

Detrended Price Oscillator (DPO)

Designed to eliminate trend from price

Relative Vigor Index (RVI)

Developed by John Ehlers
Sarcastic Fact 😉

A humorous or ironic observation about the trading indicator

Moving Average Envelope

Often mistaken for Bollinger Bands by novice traders

Detrended Price Oscillator (DPO)

It's like a time machine for price trends

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*

Daily

Indicators optimized for daily chart analysis, suitable for swing and position traders.

Weekly

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.

Moving Average Envelope

Moving Averages

Moving Average Envelope uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. 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.

Relative Vigor Index (RVI)

Oscillators

Relative Vigor Index (RVI) uses the Oscillators calculation method. Indicators that oscillate between fixed values to show overbought or oversold conditions. Click to see all.
Signal Generation 📊

Describes the methods by which the indicator produces trading signals

Moving Average Envelope

Breakouts

Moving Average Envelope generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends

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

Relative Vigor Index (RVI)

Crossovers

Relative Vigor Index (RVI) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes

Divergences

Relative Vigor Index (RVI) 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

For all*

Period

Enables customization of analysis timeframe

Moving Average Envelope

Percentage

Moving Average Envelope offers customization options for Percentage. Enables customization of percentage-based calculations or thresholds Click to see all.

Detrended Price Oscillator (DPO)

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.

Relative Vigor Index (RVI)

Signal Line

Relative Vigor Index (RVI) offers customization options for Signal Line. Customizable signal line for precise trend identification Click to see all.

Usage Comparison

For whom 👥

The target audience or user group for the trading indicator

Moving Average Envelope

Long-Term Investors

Moving Average Envelope is designed for Long-Term Investors. Emphasizes long-term trends and fundamental analysis, suited for buy-and-hold strategies 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.

Relative Vigor Index (RVI)

Technical Traders

Relative Vigor Index (RVI) is designed for Technical Traders. Offers advanced technical analysis tools, ideal for chart-based trading strategies Click to see all.
Purpose 📈

The primary purpose or application of the trading indicator

Moving Average Envelope

Trend Identification

Moving Average Envelope is primarily used for Trend Identification. Tools that help traders recognize and confirm established market trends Click to see all.

Detrended Price Oscillator (DPO)

Identifying Cycles And Trends

Detrended Price Oscillator (DPO) is primarily used for Identifying Cycles And Trends.

Relative Vigor Index (RVI)

Measuring Buying/Selling Vigor

Relative Vigor Index (RVI) is primarily used for Measuring Buying/Selling Vigor. Indicators that assess strength of buying and selling pressure Click to see all.

Evaluation Comparison

Pros 👍

Advantages of using the trading indicator

Moving Average Envelope

Simple To Understand And Implement

Helps Identify Overbought/Oversold Conditions

Signals when an asset may be overvalued or undervalued, helping traders spot potential reversals

Detrended Price Oscillator (DPO)

Helps Identify Cycles

Removes Long-Term Trend Bias

Relative Vigor Index (RVI)

Compares Closing Prices To Trading Ranges

Less Known And Unique

Offers alternative perspectives on market dynamics, potentially providing an edge
Cons 👎

Disadvantages or limitations of the trading indicator

Moving Average Envelope

Can Be Late In Signaling Trend Reversals

Indicators that excel in early trend reversal detection, minimizing delays in signaling changes Click to see all.

Effectiveness Varies In Different Market Conditions

Detrended Price Oscillator (DPO)

Complex Interpretation

Limited Use In Strong Trends

Relative Vigor Index (RVI)

Can Be Unreliable In Ranging Markets

Indicators that excel in sideways or consolidating markets, providing accurate signals Click to see all.

Requires Confirmation

Refers to indicators that need additional validation before acting on their signals. Click to see all.