Compact mode
Volume Oscillator vs Percentage Volume Oscillator (PVO)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Both*- VolumeIndicators that analyze trading volume to confirm price movements
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedBoth*- StocksIndicators optimized for analyzing and predicting stock price movements in equity markets.
- CommoditiesTrading indicators optimized for commodity markets like oil, gold, and agricultural products.
Volume OscillatorKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorVolume Oscillator- Volume DivergenceVolume Oscillator is known for Volume Divergence.
Percentage Volume Oscillator (PVO)- Identifying Volume TrendsPercentage Volume Oscillator (PVO) is known for Identifying Volume Trends.
Made In 🌍
The country or origin of the trading indicatorVolume Oscillator- United StatesVolume Oscillator was developed in United States. Indicators developed in the USA, reflecting American trading principles
Percentage Volume Oscillator (PVO)
Characteristics Comparison
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Both*Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityVolume Oscillator- MediumThe popularity of Volume Oscillator among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Percentage Volume Oscillator (PVO)- LowThe popularity of Percentage Volume Oscillator (PVO) 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 indicatorVolume Oscillator- Combines elements of Moving Average Convergence Divergence (MACD) with volume
Percentage Volume Oscillator (PVO)- Adapted from the Percentage Price Oscillator (PPO) for volume analysis
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorVolume Oscillator- Often called the "heartbeat monitor" of the market
Percentage Volume Oscillator (PVO)- Oscillates so much it might make you seasick
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Both*- DailyIndicators optimized for daily chart analysis, suitable for swing and position traders.
Volume Oscillator- WeeklyVolume Oscillator 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.Volume OscillatorPercentage Volume Oscillator (PVO)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsBoth*- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes
Percentage Volume Oscillator (PVO)- DivergencesPercentage Volume Oscillator (PVO) 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 indicatorBoth*Volume OscillatorPercentage Volume Oscillator (PVO)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorBoth*Percentage Volume Oscillator (PVO)Purpose 📈
The primary purpose or application of the trading indicatorVolume Oscillator- Volume Trend IdentificationVolume Oscillator is primarily used for Volume Trend Identification.
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.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorVolume Oscillator- Helps Confirm Price Movements With VolumeIndicators that validate price changes by analyzing trading volume
- Useful For Spotting Fake Breakouts
Percentage Volume Oscillator (PVO)- Helps Identify Volume Divergences
- Good For Confirming Price Trends
Cons 👎
Disadvantages or limitations of the trading indicatorBoth*- Can Be Less Effective In Low-Volume Markets
- Requires Understanding Of Volume AnalysisDescribes indicators that need knowledge of volume interpretation for effective use.
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorVolume OscillatorPercentage Volume Oscillator (PVO)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isVolume OscillatorPercentage Volume Oscillator (PVO)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesVolume OscillatorPercentage Volume Oscillator (PVO)Customization Score 🔧
A score representing the degree of customization available for the trading indicatorVolume Oscillator- 7The customization score for Volume Oscillator is 7 out of 10.
Percentage Volume Oscillator (PVO)- 6.5The customization score for Percentage Volume Oscillator (PVO) is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsVolume OscillatorPercentage Volume Oscillator (PVO)
Alternatives to Volume Oscillator
Chaikin Money Flow Oscillator
Known for Measuring Buying/Selling Pressure
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is more reliable than Percentage Volume Oscillator (PVO)
🔀
is more versatile than Percentage Volume Oscillator (PVO)
⭐
is rated higher overall than Percentage Volume Oscillator (PVO)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
💯
is more reliable than Percentage Volume Oscillator (PVO)
💻
is easier to use than Percentage Volume Oscillator (PVO)
🔧
is more customizable than Percentage Volume Oscillator (PVO)
⭐
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)
💻
is easier to use than Percentage Volume Oscillator (PVO)
⭐
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)
Fast Stochastic
Known for Rapid Momentum Shifts
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is more reliable than Percentage Volume Oscillator (PVO)
⭐
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)
💻
is easier to use 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)
💻
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
💯
is more reliable than Percentage Volume Oscillator (PVO)
💻
is easier to use than Percentage Volume Oscillator (PVO)
🔀
is more versatile than Percentage Volume Oscillator (PVO)
⭐
is rated higher overall than Percentage Volume Oscillator (PVO)
McGinley Dynamic Indicator
Known for Improving On Traditional 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)