Percentage Price Oscillator (PPO) vs Money Flow Index (MFI) vs Force Index
Compact mode

Percentage Price Oscillator (PPO) vs Money Flow Index (MFI) vs Force Index

General Information Comparison

Characteristics Comparison

Facts Comparison

  • Interesting Fact 💡

    An intriguing or lesser-known fact about the trading indicator
    Percentage Price Oscillator (PPO)
    • Similar to MACD but uses percentage for comparison
    Money Flow Index (MFI)
    • Often called the volume-weighted RSI
    Force Index
    • Developed by Dr. Alexander Elder
  • Sarcastic Fact 😉

    A humorous or ironic observation about the trading indicator
    Percentage Price Oscillator (PPO)
    • It's the MACD's hipster cousin
    Money Flow Index (MFI)
    • It's like a financial breathalyzer - measures how intoxicated buyers are
    Force Index
    • It's like measuring the market's muscle power

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.
    Percentage Price Oscillator (PPO)
    • Weekly
      Percentage Price Oscillator (PPO) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
    Money Flow Index (MFI)
    • Weekly
      Money Flow Index (MFI) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.

Technical Details Comparison

Evaluation Comparison

  • Pros 👍

    Advantages of using the trading indicator
    Percentage Price Oscillator (PPO)
    • Useful For Comparing Assets
    • Adaptable To Different Timeframes
    Money Flow Index (MFI)
    • Incorporates Volume
      Uses trading volume data to provide deeper market insights
    • Useful For Divergence Trading
    Force Index
    • Provides Insight Into Buying/Selling Pressure
      Reveals market supply and demand dynamics, aiding in trend prediction
    • Confirms Trends
  • Cons 👎

    Disadvantages or limitations of the trading indicator
    Percentage Price Oscillator (PPO)
    • Can Produce False Signals In Ranging Markets
    • Requires Context
    Money Flow Index (MFI)
    • Can Be Less Effective In Low Volume Environments
    Force Index

Performance Metrics Comparison

Alternatives to Percentage Price Oscillator (PPO)
Volume Oscillator
Known for Volume Divergence
🔀 is more versatile than Money Flow Index (MFI)
is rated higher overall than Money Flow Index (MFI)
Accumulation/Distribution Line (A/D)
Known for Volume-Based Price Trends
💻 is easier to use than Money Flow Index (MFI)
Commodity Channel Index (CCI)
Known for Identifying Cyclical Trends
💻 is easier to use than Money Flow Index (MFI)
🔀 is more versatile than Money Flow Index (MFI)
is rated higher overall than Money Flow Index (MFI)
Aroon Up And Down
Known for Identifying Potential Trend Changes
💻 is easier to use than Money Flow Index (MFI)
Elder-Ray Index
Known for Combining Trend And Momentum
🔀 is more versatile than Money Flow Index (MFI)
🔧 is more customizable than Money Flow Index (MFI)
is rated higher overall than Money Flow Index (MFI)
Average Directional Index (ADX)
Known for Trend Strength Without Direction
💯 is more reliable than Money Flow Index (MFI)
is rated higher overall than Money Flow Index (MFI)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
🔀 is more versatile than Money Flow Index (MFI)
Relative Strength Index (RSI)
Known for Momentum Measurement
💯 is more reliable than Money Flow Index (MFI)
💻 is easier to use than Money Flow Index (MFI)
is rated higher overall than Money Flow Index (MFI)