Compact mode
Directional Movement Index (DMI) vs Volume Oscillator vs Know Sure Thing (KST)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Directional Movement Index (DMI)- TrendDirectional Movement Index (DMI) is a Trend type indicator. Indicators that help identify and confirm market trends
Volume Oscillator- VolumeVolume Oscillator is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Know Sure Thing (KST)Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*- StocksIndicators optimized for analyzing and predicting stock price movements in equity markets.
- CommoditiesTrading indicators optimized for commodity markets like oil, gold, and agricultural products.
Directional Movement Index (DMI)Volume OscillatorKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorDirectional Movement Index (DMI)- Strength Of Price MovementDirectional Movement Index (DMI) is known for Strength Of Price Movement.
Volume Oscillator- Volume DivergenceVolume Oscillator is known for Volume Divergence.
Know Sure Thing (KST)- Trend Strength MeasurementKnow Sure Thing (KST) is known for Trend Strength Measurement.
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.Directional Movement Index (DMI)- LaggingDirectional Movement Index (DMI) is a Lagging indicator. Indicators that confirm trends after they have started
Volume OscillatorKnow Sure Thing (KST)Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorDirectional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityDirectional Movement Index (DMI)- HighThe popularity of Directional Movement Index (DMI) among traders is considered High. Widely used and trusted indicators in the trading community
Volume Oscillator- MediumThe popularity of Volume Oscillator among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Know Sure Thing (KST)- LowThe popularity of Know Sure Thing (KST) 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 indicatorDirectional Movement Index (DMI)- Developed by J. Welles Wilder Jr. who also created RSI
Volume Oscillator- Combines elements of Moving Average Convergence Divergence (MACD) with volume
Know Sure Thing (KST)- Developed by Martin Pring
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorDirectional Movement Index (DMI)- Sometimes called the 'trend trader's best friend' despite its complexity
Volume Oscillator- Often called the "heartbeat monitor" of the market
Know Sure Thing (KST)- It's like a Swiss Army knife for trend analysis
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.
Volume Oscillator- WeeklyVolume Oscillator is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Know Sure Thing (KST)- WeeklyKnow Sure Thing (KST) 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.Directional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsFor all*- CrossoversIndicators that generate signals when one line crosses another, indicating trend changes
Directional Movement Index (DMI)- ThresholdsDirectional Movement Index (DMI) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Know Sure Thing (KST)- DivergencesKnow Sure Thing (KST) 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*Directional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorDirectional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)Purpose 📈
The primary purpose or application of the trading indicatorDirectional Movement Index (DMI)Volume Oscillator- Volume Trend IdentificationVolume Oscillator is primarily used for Volume Trend Identification.
Know Sure Thing (KST)
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorDirectional Movement Index (DMI)- Combines Multiple IndicatorsIndicators that integrate multiple data points for comprehensive analysis
- Measures Both Trend Direction And Strength
Volume Oscillator- Helps Confirm Price Movements With VolumeIndicators that validate price changes by analyzing trading volume
- Useful For Spotting Fake Breakouts
Know Sure Thing (KST)- Incorporates Multiple Timeframes
- Smooth Signals
Cons 👎
Disadvantages or limitations of the trading indicatorDirectional Movement Index (DMI)- Can Produce False Signals In Choppy MarketsIndicators that minimize false signals in erratic or indecisive market conditions Click to see all.
- Requires Understanding Of Multiple ComponentsIndicates that some indicators involve several elements that need to be understood for effective use. Click to see all.
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.
Know Sure Thing (KST)
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorDirectional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isDirectional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)Versatility 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 indicatorDirectional Movement Index (DMI)- 7.5The customization score for Directional Movement Index (DMI) is 7.5 out of 10.
Volume Oscillator- 7The customization score for Volume Oscillator is 7 out of 10.
Know Sure Thing (KST)- 7.5The customization score for Know Sure Thing (KST) is 7.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsDirectional Movement Index (DMI)Volume OscillatorKnow Sure Thing (KST)
Alternatives to Directional Movement Index (DMI)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
💯
is more reliable than Volume Oscillator
💻
is easier to use than Volume Oscillator
🔧
is more customizable than Volume Oscillator
⭐
is rated higher overall than Volume Oscillator
Aroon Indicator
Known for Measuring Time Between Highs And Lows
💯
is more reliable than Volume Oscillator
💻
is easier to use than Volume Oscillator
⭐
is rated higher overall than Volume Oscillator
Aroon Up And Down
Known for Identifying Potential Trend Changes
💻
is easier to use than Volume Oscillator
Commodity Channel Index (CCI)
Known for Identifying Cyclical Trends
💻
is easier to use than Volume Oscillator
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
💻
is easier to use than Volume Oscillator
⭐
is rated higher overall than Volume Oscillator