Compact mode
Detrended Price Oscillator (DPO) vs Schaff Trend Cycle vs Mass Index
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
Schaff Trend CycleMass IndexAsset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Detrended Price Oscillator (DPO)Schaff Trend CycleMass IndexKnown 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.
Schaff Trend Cycle- Combining Trend And Cycle AnalysisSchaff Trend Cycle is known for Combining Trend And Cycle Analysis.
Mass Index- Volatility-Based Reversal PredictionMass Index is known for Volatility-Based Reversal Prediction.
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
Schaff Trend CycleMass Index- United StatesMass Index was developed in United States. Indicators 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*- 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
Schaff Trend Cycle- Developed by Doug Schaff a lesser-known but innovative technical analyst
Mass Index- Created by Donald Dorsey
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorDetrended Price Oscillator (DPO)- It's like a time machine for price trends
Schaff Trend Cycle- So cyclical it might make you dizzy
Mass Index- It's like predicting market earthquakes
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.
Schaff Trend Cycle- WeeklySchaff Trend Cycle 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)Schaff Trend Cycle- Moving AveragesSchaff Trend Cycle uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.
- MACDSchaff Trend Cycle uses the MACD calculation method. Indicators utilizing Moving Average Convergence Divergence for trend and momentum analysis. Click to see all.
Mass IndexSignal Generation 📊
Describes the methods by which the indicator produces trading signalsDetrended Price Oscillator (DPO)- CyclesDetrended Price Oscillator (DPO) generates trading signals through Cycles. Indicators that identify recurring patterns or cycles in market movements
- DivergencesDetrended Price Oscillator (DPO) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Schaff Trend Cycle- CrossoversSchaff Trend Cycle generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- ThresholdsSchaff Trend Cycle generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Mass Index- ThresholdsMass Index generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicatorFor all*Detrended Price Oscillator (DPO)Schaff Trend CycleMass Index
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorDetrended Price Oscillator (DPO)Schaff Trend Cycle- Technical AnalystsSchaff Trend Cycle is designed for Technical Analysts. Provides comprehensive technical analysis tools, crucial for chart pattern recognition Click to see all.
- Trend TradersSchaff Trend Cycle is designed for Trend Traders. Highlights direction and strength of market trends, crucial for trend-based strategies Click to see all.
Mass IndexPurpose 📈
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.
Schaff Trend Cycle- Trend IdentificationSchaff Trend Cycle is primarily used for Trend Identification. Tools that help traders recognize and confirm established market trends Click to see all.
- Overbought/Oversold ConditionsSchaff Trend Cycle is primarily used for Overbought/Oversold Conditions. Indicators that identify extreme market conditions Click to see all.
Mass Index
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorDetrended Price Oscillator (DPO)- Helps Identify Cycles
- Removes Long-Term Trend Bias
Schaff Trend Cycle- Smooth Cycling IndicatorIndicators that provide smooth, cyclical signals for easier trend identification
- Helps Identify Trend Changes EarlySignals potential trend shifts early, giving traders a head start on market moves
Mass Index- Identifies Potential Reversals
- Unique Approach To Volatility
Cons 👎
Disadvantages or limitations of the trading indicatorDetrended Price Oscillator (DPO)- Complex Interpretation
- Limited Use In Strong Trends
Schaff Trend Cycle- Can Produce False Signals In Ranging Markets
- Complex CalculationIndicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.
Mass Index
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorDetrended Price Oscillator (DPO)Schaff Trend CycleMass IndexEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isDetrended Price Oscillator (DPO)Schaff Trend CycleMass IndexVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesDetrended Price Oscillator (DPO)Schaff Trend CycleMass IndexCustomization 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.
Schaff Trend Cycle- 7The customization score for Schaff Trend Cycle is 7 out of 10.
Mass Index- 6.5The customization score for Mass Index is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsDetrended Price Oscillator (DPO)Schaff Trend CycleMass Index
Alternatives to Detrended Price Oscillator (DPO)
Dynamic Momentum Index
Known for Adapting To Market Volatility
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is more reliable than Schaff Trend Cycle
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is rated higher overall than Schaff Trend Cycle
Elder-Ray Index
Known for Combining Trend And Momentum
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is more reliable than Schaff Trend Cycle
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is easier to use than Schaff Trend Cycle
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is more versatile than Schaff Trend Cycle
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is more customizable than Schaff Trend Cycle
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is rated higher overall than Schaff Trend Cycle
Choppiness Index
Known for Identifying Trending Vs Choppy Markets
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is more reliable than Schaff Trend Cycle
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is easier to use than Schaff Trend Cycle
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is more versatile than Schaff Trend Cycle
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is rated higher overall than Schaff Trend Cycle
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
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is more reliable than Schaff Trend Cycle
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is easier to use than Schaff Trend Cycle
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is more versatile than Schaff Trend Cycle
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is rated higher overall than Schaff Trend Cycle
Know Sure Thing (KST)
Known for Trend Strength Measurement
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is more reliable than Schaff Trend Cycle
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is easier to use than Schaff Trend Cycle
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is more versatile than Schaff Trend Cycle
🔧
is more customizable than Schaff Trend Cycle
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is rated higher overall than Schaff Trend Cycle
Elder Force Index
Known for Combining Price And Volume
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is easier to use than Schaff Trend Cycle
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is rated higher overall than Schaff Trend Cycle
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement
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is more reliable than Schaff Trend Cycle
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is easier to use than Schaff Trend Cycle
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is rated higher overall than Schaff Trend Cycle
Elder Triple Screen
Known for Trend-Momentum Alignment
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is more reliable than Schaff Trend Cycle
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is more versatile than Schaff Trend Cycle
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is more customizable than Schaff Trend Cycle
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is rated higher overall than Schaff Trend Cycle
Relative Vigor Index (RVI)
Known for Trend Confirmation
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is easier to use than Schaff Trend Cycle
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is rated higher overall than Schaff Trend Cycle