Compact mode
Money Flow Index (MFI) vs Chande Momentum Oscillator (CMO) vs On-Balance Volume (OBV)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Money Flow Index (MFI)- VolumeMoney Flow Index (MFI) is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Chande Momentum Oscillator (CMO)On-Balance Volume (OBV)- VolumeOn-Balance Volume (OBV) is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Money Flow Index (MFI)Chande Momentum Oscillator (CMO)- ForexThe asset classes Chande Momentum Oscillator (CMO) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
- CommoditiesThe asset classes Chande Momentum Oscillator (CMO) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
On-Balance Volume (OBV)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorMoney Flow Index (MFI)- Volume And Price MovementsMoney Flow Index (MFI) is known for Volume And Price Movements.
Chande Momentum Oscillator (CMO)- Momentum MeasurementChande Momentum Oscillator (CMO) is known for Momentum Measurement.
On-Balance Volume (OBV)- Volume Precedes Price MovementOn-Balance Volume (OBV) is known for Volume Precedes Price Movement.
Made In 🌍
The country or origin of the trading indicatorMoney Flow Index (MFI)Chande Momentum Oscillator (CMO)On-Balance Volume (OBV)- 1963On-Balance Volume (OBV) was developed in 1963. Trading indicators specifically created in 1963
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 indicatorMoney Flow Index (MFI)Chande Momentum Oscillator (CMO)On-Balance Volume (OBV)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityMoney Flow Index (MFI)- MediumThe popularity of Money Flow Index (MFI) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Chande Momentum Oscillator (CMO)- LowThe popularity of Chande Momentum Oscillator (CMO) among traders is considered Low. Indicators with lower adoption but potential unique insights
On-Balance Volume (OBV)- MediumThe popularity of On-Balance Volume (OBV) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorMoney Flow Index (MFI)- Often called the volume-weighted RSI
Chande Momentum Oscillator (CMO)- Developed by Tushar Chande in 1994
On-Balance Volume (OBV)- Developed by Joe Granville
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorMoney Flow Index (MFI)- It's like a financial breathalyzer - measures how intoxicated buyers are
Chande Momentum Oscillator (CMO)- It's the yoga of momentum indicators - flexible but disciplined
On-Balance Volume (OBV)- It's the gossip column of indicators - always trying to predict the next big move
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.
Money Flow Index (MFI)- WeeklyMoney Flow Index (MFI) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Chande Momentum Oscillator (CMO)- WeeklyChande Momentum Oscillator (CMO) 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.Money Flow Index (MFI)Chande Momentum Oscillator (CMO)On-Balance Volume (OBV)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
Money Flow Index (MFI)- ThresholdsMoney Flow Index (MFI) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Chande Momentum Oscillator (CMO)- ThresholdsChande Momentum Oscillator (CMO) 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*Money Flow Index (MFI)Chande Momentum Oscillator (CMO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorMoney Flow Index (MFI)Chande Momentum Oscillator (CMO)On-Balance Volume (OBV)Purpose 📈
The primary purpose or application of the trading indicatorMoney Flow Index (MFI)- Volume-Weighted RSIMoney Flow Index (MFI) is primarily used for Volume-Weighted RSI.
Chande Momentum Oscillator (CMO)On-Balance Volume (OBV)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorMoney Flow Index (MFI)- Incorporates VolumeUses trading volume data to provide deeper market insights
- Useful For Divergence Trading
Chande Momentum Oscillator (CMO)- Less Prone To WhipsawsMinimizes false signals in volatile markets, improving trade accuracy
- Effective In Trending Markets
On-Balance Volume (OBV)- Simple To Calculate
- Confirms Price Trends
Cons 👎
Disadvantages or limitations of the trading indicatorMoney Flow Index (MFI)- Can Be Less Effective In Low Volume Environments
Chande Momentum Oscillator (CMO)- Can Stay In Extreme Zones For Extended PeriodsIndicators that provide timely exit signals from overbought or oversold conditions Click to see all.
- Less KnownIndicators not widely recognized, potentially offering unique insights but with limited community support. Click to see all.
On-Balance Volume (OBV)- Can Be Affected By Large Block Trades
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorMoney Flow Index (MFI)Chande Momentum Oscillator (CMO)On-Balance Volume (OBV)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isMoney Flow Index (MFI)Chande Momentum Oscillator (CMO)On-Balance Volume (OBV)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesMoney Flow Index (MFI)Chande Momentum Oscillator (CMO)On-Balance Volume (OBV)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorMoney Flow Index (MFI)- 7The customization score for Money Flow Index (MFI) is 7 out of 10.
Chande Momentum Oscillator (CMO)- 7The customization score for Chande Momentum Oscillator (CMO) is 7 out of 10.
On-Balance Volume (OBV)- 5.5The customization score for On-Balance Volume (OBV) is 5.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsMoney Flow Index (MFI)Chande Momentum Oscillator (CMO)On-Balance Volume (OBV)
Alternatives to Money Flow Index (MFI)
Volume Oscillator
Known for Volume Divergence
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is more versatile than Money Flow Index (MFI)
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is rated higher overall than Money Flow Index (MFI)
Commodity Channel Index (CCI)
Known for Identifying Cyclical Trends
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is easier to use than Money Flow Index (MFI)
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is more versatile than Money Flow Index (MFI)
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is rated higher overall than Money Flow Index (MFI)
Aroon Up And Down
Known for Identifying Potential Trend Changes
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is easier to use than Money Flow Index (MFI)
Accumulation/Distribution Line (A/D)
Known for Volume-Based Price Trends
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is easier to use than Money Flow Index (MFI)
Elder-Ray Index
Known for Combining Trend And Momentum
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is more versatile than Money Flow Index (MFI)
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is more customizable than Money Flow Index (MFI)
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is rated higher overall than Money Flow Index (MFI)
Average Directional Index (ADX)
Known for Trend Strength Without Direction
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is more reliable than Money Flow Index (MFI)
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is rated higher overall than Money Flow Index (MFI)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
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is more reliable than Money Flow Index (MFI)
💻
is easier to use than Money Flow Index (MFI)
🔧
is more customizable than Money Flow Index (MFI)
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is rated higher overall than Money Flow Index (MFI)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
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is more versatile than Money Flow Index (MFI)