Compact mode
Detrended Price Oscillator (DPO) vs Percentage Volume Oscillator (PVO) vs Ease Of Movement
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Detrended Price Oscillator (DPO)- TrendDetrended Price Oscillator (DPO) is a Trend type indicator. Indicators that help identify and confirm market trends
Percentage Volume Oscillator (PVO)- VolumePercentage Volume Oscillator (PVO) is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Ease of Movement- VolumeEase of Movement 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*Known for 💭
The unique selling point or distinguishing feature of the trading indicatorDetrended Price Oscillator (DPO)- Eliminating Long-Term TrendsDetrended Price Oscillator (DPO) is known for Eliminating Long-Term Trends.
Percentage Volume Oscillator (PVO)- Identifying Volume TrendsPercentage Volume Oscillator (PVO) is known for Identifying Volume Trends.
Ease of Movement- Relating Volume To Price ChangeEase of Movement is known for Relating Volume To Price Change.
Made In 🌍
The country or origin of the trading indicatorDetrended Price Oscillator (DPO)- United StatesDetrended Price Oscillator (DPO) was developed in United States. Indicators developed in the USA, reflecting American trading principles
Percentage Volume Oscillator (PVO)Ease of Movement- 1970SEase of Movement was developed in 1970S. Trading indicators created during a decade of economic challenges
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 indicatorDetrended Price Oscillator (DPO)Percentage Volume Oscillator (PVO)Ease of MovementPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityFor all*- LowIndicators with lower adoption but potential unique insights
Facts Comparison
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicatorDetrended Price Oscillator (DPO)- Designed to eliminate trend from price
Percentage Volume Oscillator (PVO)- Adapted from the Percentage Price Oscillator (PPO) for volume analysis
Ease of Movement- Developed by Richard W. Arms Jr. creator of the Arms Index
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorDetrended Price Oscillator (DPO)- It's like a time machine for price trends
Percentage Volume Oscillator (PVO)- Oscillates so much it might make you seasick
Ease of Movement- So easy to move it might slide off your chart
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.
Detrended Price Oscillator (DPO)- WeeklyDetrended Price Oscillator (DPO) 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.Detrended Price Oscillator (DPO)Percentage Volume Oscillator (PVO)Ease of Movement- VolumeEase of Movement uses the Volume calculation method. Indicators using trading volume data to analyze market trends and momentum. Click to see all.
- PriceEase of Movement uses the Price calculation method. Indicators primarily using price data for market analysis and prediction. Click to see all.
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
Detrended Price Oscillator (DPO)- CyclesDetrended Price Oscillator (DPO) generates trading signals through Cycles. Indicators that identify recurring patterns or cycles in market movements
Percentage Volume Oscillator (PVO)- CrossoversPercentage Volume Oscillator (PVO) generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Ease of Movement- CrossoversEase of Movement 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*Detrended Price Oscillator (DPO)Percentage Volume Oscillator (PVO)Ease of Movement
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorDetrended Price Oscillator (DPO)Percentage Volume Oscillator (PVO)- Volume AnalystsPercentage Volume Oscillator (PVO) is designed for Volume Analysts. Focuses on trading volume patterns and anomalies, crucial for volume-based analysis Click to see all.
- Momentum TradersPercentage Volume Oscillator (PVO) is designed for Momentum Traders. Identifies and measures strength of price movements, ideal for capturing market momentum Click to see all.
Ease of Movement- Technical AnalystsEase of Movement is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.
- Volume TradersEase of Movement is designed for Volume Traders. Analyzes trading volume in relation to price movements, ideal for volume-based strategies Click to see all.
Purpose 📈
The primary purpose or application of the trading indicatorDetrended Price Oscillator (DPO)- Identifying Cycles And TrendsDetrended Price Oscillator (DPO) is primarily used for Identifying Cycles And Trends.
Percentage Volume Oscillator (PVO)- Volume TrendPercentage Volume Oscillator (PVO) is primarily used for Volume Trend. Tools that analyze trading volume patterns over time Click to see all.
- DivergencesPercentage Volume Oscillator (PVO) is primarily used for Divergences.
Ease of Movement- Volume AnalysisEase of Movement is primarily used for Volume Analysis. Tools that assess trading volume to provide insights into price movements Click to see all.
- Trend StrengthEase of Movement is primarily used for Trend Strength. Tools that assess the power and momentum behind a market trend Click to see all.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorDetrended Price Oscillator (DPO)- Helps Identify Cycles
- Removes Long-Term Trend Bias
Percentage Volume Oscillator (PVO)- Helps Identify Volume Divergences
- Good For Confirming Price Trends
Ease of Movement- Unique Volume-Price Relationship Analysis
- Helps Identify Potential Reversals
Cons 👎
Disadvantages or limitations of the trading indicatorDetrended Price Oscillator (DPO)- Complex Interpretation
- Limited Use In Strong Trends
Percentage Volume Oscillator (PVO)- 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.
Ease of Movement- Can Be Noisy In High-Volatility Periods
- Less Popular Than Other Volume Indicators
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorDetrended Price Oscillator (DPO)Percentage Volume Oscillator (PVO)Ease of MovementEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isDetrended Price Oscillator (DPO)Percentage Volume Oscillator (PVO)- 6.5The ease of use score for Percentage Volume Oscillator (PVO) is 6.5 out of 10. Click to see all.
Ease of MovementVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesFor all*Customization Score 🔧
A score representing the degree of customization available for the trading indicatorDetrended Price Oscillator (DPO)- 7.5The customization score for Detrended Price Oscillator (DPO) is 7.5 out of 10.
Percentage Volume Oscillator (PVO)- 6.5The customization score for Percentage Volume Oscillator (PVO) is 6.5 out of 10.
Ease of Movement- 6.5The customization score for Ease of Movement is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsDetrended Price Oscillator (DPO)Percentage Volume Oscillator (PVO)Ease of Movement
Alternatives to Detrended Price Oscillator (DPO)
Chaikin Money Flow Oscillator
Known for Measuring Buying/Selling Pressure
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is more reliable than Percentage Volume Oscillator (PVO)
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is more versatile than Percentage Volume Oscillator (PVO)
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is rated higher overall than Percentage Volume Oscillator (PVO)
Volume Weighted Moving Average (VWMA)
Known for Incorporating Volume Into Moving Averages
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is more reliable than Percentage Volume Oscillator (PVO)
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is easier to use than Percentage Volume Oscillator (PVO)
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is rated higher overall than Percentage Volume Oscillator (PVO)
Relative Vigor Index (RVI)
Known for Trend Confirmation
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is more customizable than Percentage Volume Oscillator (PVO)
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is rated higher overall than Percentage Volume Oscillator (PVO)
Volume Oscillator
Known for Volume Divergence
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is more reliable than Percentage Volume Oscillator (PVO)
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is easier to use than Percentage Volume Oscillator (PVO)
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is more versatile than Percentage Volume Oscillator (PVO)
🔧
is more customizable than Percentage Volume Oscillator (PVO)
⭐
is rated higher overall than Percentage Volume Oscillator (PVO)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
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is more reliable than Percentage Volume Oscillator (PVO)
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is easier to use than Percentage Volume Oscillator (PVO)
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is more customizable than Percentage Volume Oscillator (PVO)
⭐
is rated higher overall than Percentage Volume Oscillator (PVO)
Fast Stochastic
Known for Rapid Momentum Shifts
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is more reliable than Percentage Volume Oscillator (PVO)
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is rated higher overall than Percentage Volume Oscillator (PVO)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
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is more reliable than Percentage Volume Oscillator (PVO)
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is easier to use than Percentage Volume Oscillator (PVO)
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is rated higher overall than Percentage Volume Oscillator (PVO)
Aroon Up And Down
Known for Identifying Potential Trend Changes
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is more reliable than Percentage Volume Oscillator (PVO)
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is easier to use than Percentage Volume Oscillator (PVO)
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is rated higher overall than Percentage Volume Oscillator (PVO)
Force Index
Known for Combining Price Changes With Volume
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is more reliable than Percentage Volume Oscillator (PVO)
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is easier to use than Percentage Volume Oscillator (PVO)
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is more versatile than Percentage Volume Oscillator (PVO)
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is rated higher overall than Percentage Volume Oscillator (PVO)
Schaff Trend Cycle
Known for Combining Trend And Cycle Analysis
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is more versatile than Percentage Volume Oscillator (PVO)
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is more customizable than Percentage Volume Oscillator (PVO)