Compact mode
Ultimate Oscillator 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.
Fast StochasticKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorUltimate Oscillator- Multi-Timeframe AnalysisUltimate Oscillator is known for Multi-Timeframe Analysis.
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 indicatorUltimate Oscillator- United StatesUltimate Oscillator was developed in United States. Indicators developed in the USA, reflecting American trading principles
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 communityUltimate Oscillator- MediumThe popularity of Ultimate Oscillator among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
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 indicatorUltimate Oscillator- Created by Larry Williams in 1976
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 indicatorUltimate Oscillator- It's like a three-course meal of technical analysis
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.
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.Ultimate OscillatorFast 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
Ultimate Oscillator- ThresholdsUltimate Oscillator 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*Ultimate OscillatorFast StochasticRelative Vigor Index (RVI)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorUltimate OscillatorFast StochasticRelative Vigor Index (RVI)Purpose 📈
The primary purpose or application of the trading indicatorUltimate Oscillator- Reducing False DivergencesUltimate Oscillator is primarily used for Reducing False Divergences.
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 indicatorUltimate Oscillator- Combines Short Medium And Long-Term IndicatorsIndicators analyzing short, medium, and long-term market trends simultaneously
- Reduces WhipsawsMinimizes false signals in volatile markets, improving trade accuracy
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 indicatorUltimate Oscillator- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
- Requires Context For Interpretation
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 indicatorUltimate OscillatorFast StochasticRelative Vigor Index (RVI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isFor all*Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesUltimate OscillatorFast StochasticRelative Vigor Index (RVI)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorUltimate Oscillator- 7The customization score for Ultimate Oscillator 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 metricsUltimate OscillatorFast StochasticRelative Vigor Index (RVI)
Alternatives to Ultimate Oscillator
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
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is easier to use than Fast Stochastic
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is rated higher overall than Fast Stochastic
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
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is more versatile than Fast Stochastic
🔧
is more customizable than Fast Stochastic
⭐
is rated higher overall than Fast Stochastic
Aroon Up And Down
Known for Identifying Potential Trend Changes
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is easier to use than Fast Stochastic
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is rated higher overall than Fast Stochastic
Elder Triple Screen
Known for Trend-Momentum Alignment
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is more reliable than Fast Stochastic
🔀
is more versatile than Fast Stochastic
🔧
is more customizable than Fast Stochastic
⭐
is rated higher overall than Fast Stochastic
Elder-Ray Index
Known for Combining Trend And Momentum
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is more versatile than Fast Stochastic
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is more customizable than Fast Stochastic
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is rated higher overall than Fast Stochastic
Slow Stochastic
Known for Momentum Measurement
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is more reliable than Fast Stochastic
💻
is easier to use than Fast Stochastic
⭐
is rated higher overall than Fast Stochastic
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction
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is easier to use than Fast Stochastic
🔀
is more versatile than Fast Stochastic
🔧
is more customizable than Fast Stochastic
⭐
is rated higher overall than Fast Stochastic
Volume Weighted Moving Average (VWMA)
Known for Incorporating Volume Into Moving Averages
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is easier to use than Fast Stochastic
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is rated higher overall than Fast Stochastic
Relative Strength Index (RSI)
Known for Momentum Measurement
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is more reliable than Fast Stochastic
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is easier to use than Fast Stochastic
🔀
is more versatile than Fast Stochastic
⭐
is rated higher overall than Fast Stochastic
Chaikin Oscillator
Known for Accumulation/Distribution Trends
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is more reliable than Fast Stochastic
💻
is easier to use than Fast Stochastic
🔧
is more customizable than Fast Stochastic
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is rated higher overall than Fast Stochastic