Compact mode
Percentage Price Oscillator (PPO) vs Chaikin Oscillator vs Volume Oscillator
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
Volume Oscillator- VolumeVolume Oscillator 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*Percentage Price Oscillator (PPO)Chaikin OscillatorVolume Oscillator- CommoditiesThe asset classes Volume Oscillator is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
- FuturesThe asset classes Volume Oscillator is typically used for are Futures. Indicators designed for trading futures contracts across various asset classes. Click to see all.
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.
Volume Oscillator- Volume DivergenceVolume Oscillator is known for Volume Divergence.
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 indicatorFor all*Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityFor all*- MediumIndicators with balanced adoption and potential effectiveness
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
Volume Oscillator- Combines elements of Moving Average Convergence Divergence (MACD) with volume
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
Volume Oscillator- Often called the "heartbeat monitor" of the market
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.
Volume OscillatorSignal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes
Percentage Price Oscillator (PPO)- DivergencesPercentage Price Oscillator (PPO) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Chaikin Oscillator- DivergencesChaikin Oscillator 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 indicatorFor all*Percentage Price Oscillator (PPO)Chaikin OscillatorVolume Oscillator
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorPercentage Price Oscillator (PPO)Chaikin OscillatorVolume OscillatorPurpose 📈
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 OscillatorVolume Oscillator- Volume Trend IdentificationVolume Oscillator is primarily used for Volume Trend Identification.
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
Volume Oscillator- Helps Confirm Price Movements With VolumeIndicators that validate price changes by analyzing trading volume
- Useful For Spotting Fake Breakouts
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
Volume Oscillator- Can Be Less Effective In Low-Volume Markets
- Requires Understanding Of Volume AnalysisDescribes indicators that need knowledge of volume interpretation for effective use. Click to see all.
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorPercentage Price Oscillator (PPO)Chaikin OscillatorVolume OscillatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isPercentage Price Oscillator (PPO)Chaikin OscillatorVolume OscillatorVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesPercentage Price Oscillator (PPO)Chaikin OscillatorVolume OscillatorCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorPercentage Price Oscillator (PPO)- 7.5The customization score for Percentage Price Oscillator (PPO) is 7.5 out of 10.
Chaikin Oscillator- 7.5The customization score for Chaikin Oscillator is 7.5 out of 10.
Volume Oscillator- 7The customization score for Volume Oscillator is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsPercentage Price Oscillator (PPO)Chaikin OscillatorVolume Oscillator
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
💯
is more reliable than Percentage Price Oscillator (PPO)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
💯
is more reliable than Percentage Price Oscillator (PPO)
Elder Triple Screen
Known for Trend-Momentum Alignment
💯
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
💯
is more reliable than Percentage Price Oscillator (PPO)