Compact mode
Percentage Price Oscillator (PPO) vs On-Balance Volume (OBV) 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.Percentage Price Oscillator (PPO)On-Balance Volume (OBV)- VolumeOn-Balance Volume (OBV) is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Relative Vigor Index (RVI)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Percentage Price Oscillator (PPO)On-Balance Volume (OBV)Relative Vigor Index (RVI)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.
On-Balance Volume (OBV)- Volume Precedes Price MovementOn-Balance Volume (OBV) is known for Volume Precedes Price Movement.
Relative Vigor Index (RVI)- Trend ConfirmationRelative Vigor Index (RVI) is known for Trend Confirmation.
Made In 🌍
The country or origin of the trading indicatorPercentage Price Oscillator (PPO)- United StatesPercentage Price Oscillator (PPO) was developed in United States. Indicators developed in the USA, reflecting American trading principles
On-Balance Volume (OBV)- 1963On-Balance Volume (OBV) was developed in 1963. Trading indicators specifically created in 1963
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 indicatorPercentage Price Oscillator (PPO)On-Balance Volume (OBV)Relative Vigor Index (RVI)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
On-Balance Volume (OBV)- MediumThe popularity of On-Balance Volume (OBV) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
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 indicatorPercentage Price Oscillator (PPO)- Similar to MACD but uses percentage for comparison
On-Balance Volume (OBV)- Developed by Joe Granville
Relative Vigor Index (RVI)- Developed by John Ehlers
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorPercentage Price Oscillator (PPO)- It's the MACD's hipster cousin
On-Balance Volume (OBV)- It's the gossip column of indicators - always trying to predict the next big move
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.
Percentage Price Oscillator (PPO)- WeeklyPercentage Price Oscillator (PPO) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
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.Percentage Price Oscillator (PPO)On-Balance Volume (OBV)Relative 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
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
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*Percentage Price Oscillator (PPO)Relative Vigor Index (RVI)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorPercentage Price Oscillator (PPO)On-Balance Volume (OBV)Relative Vigor Index (RVI)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.
On-Balance Volume (OBV)Relative Vigor Index (RVI)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorPercentage Price Oscillator (PPO)- Useful For Comparing Assets
- Adaptable To Different Timeframes
On-Balance Volume (OBV)- Simple To Calculate
- Confirms Price Trends
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 indicatorPercentage Price Oscillator (PPO)- Can Produce False Signals In Ranging Markets
- Requires Context
On-Balance Volume (OBV)- Can Be Affected By Large Block Trades
Relative Vigor Index (RVI)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorPercentage Price Oscillator (PPO)On-Balance Volume (OBV)Relative Vigor Index (RVI)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isPercentage Price Oscillator (PPO)On-Balance Volume (OBV)Relative Vigor Index (RVI)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesPercentage Price Oscillator (PPO)On-Balance Volume (OBV)Relative Vigor Index (RVI)Customization 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.
On-Balance Volume (OBV)- 5.5The customization score for On-Balance Volume (OBV) is 5.5 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 metricsPercentage Price Oscillator (PPO)On-Balance Volume (OBV)Relative Vigor Index (RVI)
Alternatives to Percentage Price Oscillator (PPO)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
💯
is more reliable than Percentage Price Oscillator (PPO)
Know Sure Thing (KST)
Known for Trend Strength Measurement
💯
is more reliable than Percentage Price Oscillator (PPO)
Momentum Indicator
Known for Price Velocity
💻
is easier to use 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)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
💯
is more reliable than Percentage Price Oscillator (PPO)
Chaikin Money Flow (CMF)
Known for Identifying Accumulation/Distribution
💯
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
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is more reliable than Percentage Price Oscillator (PPO)