Compact mode
Percentage Price Oscillator (PPO) vs Chaikin Oscillator vs Detrended Price Oscillator (DPO)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Percentage Price Oscillator (PPO)Chaikin Oscillator- VolumeChaikin Oscillator 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
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Percentage Price Oscillator (PPO)Chaikin OscillatorDetrended Price Oscillator (DPO)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorPercentage Price Oscillator (PPO)- Relative Strength MeasurementPercentage Price Oscillator (PPO) is known for Relative Strength Measurement.
Chaikin Oscillator- Accumulation/Distribution TrendsChaikin Oscillator is known for Accumulation/Distribution Trends.
Detrended Price Oscillator (DPO)- Eliminating Long-Term TrendsDetrended Price Oscillator (DPO) is known for Eliminating Long-Term Trends.
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 indicatorPercentage Price Oscillator (PPO)Chaikin OscillatorDetrended Price Oscillator (DPO)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityPercentage Price Oscillator (PPO)- MediumThe popularity of Percentage Price Oscillator (PPO) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Chaikin Oscillator- MediumThe popularity of Chaikin Oscillator among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Detrended Price Oscillator (DPO)- LowThe popularity of Detrended Price Oscillator (DPO) 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 indicatorPercentage Price Oscillator (PPO)- Similar to MACD but uses percentage for comparison
Chaikin Oscillator- Developed by Marc Chaikin a renowned stock analyst
Detrended Price Oscillator (DPO)- Designed to eliminate trend from price
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorPercentage Price Oscillator (PPO)- It's the MACD's hipster cousin
Chaikin Oscillator- Sometimes referred to as the 'volume whisperer' in trading circles
Detrended Price Oscillator (DPO)- It's like a time machine for price trends
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.
- WeeklyIndicators 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.Percentage Price Oscillator (PPO)Chaikin Oscillator- Moving AveragesChaikin Oscillator uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.
- Volume-BasedChaikin Oscillator uses the Volume-Based calculation method. Indicators that analyze trading volume patterns for market insight. Click to see all.
Detrended Price Oscillator (DPO)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
Percentage Price Oscillator (PPO)- CrossoversPercentage Price Oscillator (PPO) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Chaikin Oscillator- CrossoversChaikin Oscillator generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Detrended Price Oscillator (DPO)- CyclesDetrended Price Oscillator (DPO) generates trading signals through Cycles. Indicators that identify recurring patterns or cycles in market movements
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Percentage Price Oscillator (PPO)Chaikin OscillatorDetrended Price Oscillator (DPO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorPercentage Price Oscillator (PPO)Chaikin OscillatorDetrended Price Oscillator (DPO)Purpose 📈
The primary purpose or application of the trading indicatorPercentage Price Oscillator (PPO)- Comparing Momentum Across AssetsPercentage Price Oscillator (PPO) is primarily used for Comparing Momentum Across Assets.
Chaikin OscillatorDetrended Price Oscillator (DPO)- Identifying Cycles And TrendsDetrended Price Oscillator (DPO) is primarily used for Identifying Cycles And Trends.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorPercentage Price Oscillator (PPO)- Useful For Comparing Assets
- Adaptable To Different Timeframes
Chaikin Oscillator- Combines Price And Volume Analysis
- Useful For Confirming Trends
Detrended Price Oscillator (DPO)- Helps Identify Cycles
- Removes Long-Term Trend Bias
Cons 👎
Disadvantages or limitations of the trading indicatorPercentage Price Oscillator (PPO)- Can Produce False Signals In Ranging Markets
- Requires Context
Chaikin Oscillator- Can Be Less Effective In Low-Volume Markets
- May Produce Lag In Fast-Moving Markets
Detrended Price Oscillator (DPO)- Complex Interpretation
- Limited Use In Strong Trends
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorPercentage Price Oscillator (PPO)Chaikin OscillatorDetrended Price Oscillator (DPO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isPercentage Price Oscillator (PPO)Chaikin OscillatorDetrended Price Oscillator (DPO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesPercentage Price Oscillator (PPO)Chaikin OscillatorDetrended Price Oscillator (DPO)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorFor all*Score ⭐
The overall score of the trading indicator based on various performance metricsPercentage Price Oscillator (PPO)Chaikin OscillatorDetrended Price Oscillator (DPO)
Alternatives to Percentage Price Oscillator (PPO)
Know Sure Thing (KST)
Known for Trend Strength Measurement
💯
is more reliable than Percentage Price Oscillator (PPO)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
💯
is more reliable than Percentage Price Oscillator (PPO)
💻
is easier to use than Percentage Price Oscillator (PPO)
Momentum Indicator
Known for Price Velocity
💻
is easier to use than Percentage Price Oscillator (PPO)
Chaikin Money Flow (CMF)
Known for Identifying Accumulation/Distribution
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is more reliable than Percentage Price Oscillator (PPO)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
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is more reliable than Percentage Price Oscillator (PPO)
Elder Triple Screen
Known for Trend-Momentum Alignment
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is more reliable than Percentage Price Oscillator (PPO)
🔀
is more versatile than Percentage Price Oscillator (PPO)
🔧
is more customizable than Percentage Price Oscillator (PPO)
⭐
is rated higher overall than Percentage Price Oscillator (PPO)
Elder-Ray Index
Known for Combining Trend And Momentum
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is more reliable than Percentage Price Oscillator (PPO)