Compact mode
Volume Oscillator vs Money Flow Index (MFI) vs On-Balance Volume (OBV)
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.For all*- VolumeIndicators that analyze trading volume to confirm price movements
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly usedFor all*Volume Oscillator- CommoditiesThe asset classes Volume Oscillator is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
- FuturesThe asset classes Volume Oscillator is typically used for are Futures. Indicators designed for trading futures contracts across various asset classes. Click to see all.
Money Flow Index (MFI)On-Balance Volume (OBV)Known for 💭
The unique selling point or distinguishing feature of the trading indicatorVolume Oscillator- Volume DivergenceVolume Oscillator is known for Volume Divergence.
Money Flow Index (MFI)- Volume And Price MovementsMoney Flow Index (MFI) is known for Volume And Price Movements.
On-Balance Volume (OBV)- Volume Precedes Price MovementOn-Balance Volume (OBV) is known for Volume Precedes Price Movement.
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
Money Flow Index (MFI)On-Balance Volume (OBV)- 1963On-Balance Volume (OBV) was developed in 1963. Trading indicators specifically created in 1963
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 indicatorVolume OscillatorMoney Flow Index (MFI)On-Balance Volume (OBV)Popularity 🏆
Indicates how widely used and recognized the indicator is in the trading communityFor all*- MediumIndicators with balanced adoption and potential effectiveness
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
Money Flow Index (MFI)- Often called the volume-weighted RSI
On-Balance Volume (OBV)- Developed by Joe Granville
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorVolume Oscillator- Often called the "heartbeat monitor" of the market
Money Flow Index (MFI)- It's like a financial breathalyzer - measures how intoxicated buyers are
On-Balance Volume (OBV)- It's the gossip column of indicators - always trying to predict the next big move
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.
Money Flow Index (MFI)- WeeklyMoney Flow Index (MFI) 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 OscillatorMoney Flow Index (MFI)On-Balance Volume (OBV)Signal Generation 📊
Describes the methods by which the indicator produces trading signalsVolume Oscillator- CrossoversVolume Oscillator generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
Money Flow Index (MFI)- ThresholdsMoney Flow Index (MFI) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
- DivergencesMoney Flow Index (MFI) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
On-Balance Volume (OBV)- DivergencesOn-Balance Volume (OBV) 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*Volume OscillatorMoney Flow Index (MFI)
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorVolume OscillatorMoney Flow Index (MFI)On-Balance Volume (OBV)Purpose 📈
The primary purpose or application of the trading indicatorVolume Oscillator- Volume Trend IdentificationVolume Oscillator is primarily used for Volume Trend Identification.
Money Flow Index (MFI)- Volume-Weighted RSIMoney Flow Index (MFI) is primarily used for Volume-Weighted RSI.
On-Balance Volume (OBV)
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
Money Flow Index (MFI)- Incorporates VolumeUses trading volume data to provide deeper market insights
- Useful For Divergence Trading
On-Balance Volume (OBV)- Simple To Calculate
- Confirms Price Trends
Cons 👎
Disadvantages or limitations of the trading indicatorVolume 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.
Money Flow Index (MFI)- Can Be Less Effective In Low Volume Environments
On-Balance Volume (OBV)- Can Be Affected By Large Block Trades
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorVolume OscillatorMoney Flow Index (MFI)On-Balance Volume (OBV)Ease of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isVolume OscillatorMoney Flow Index (MFI)On-Balance Volume (OBV)Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesVolume OscillatorMoney Flow Index (MFI)On-Balance Volume (OBV)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.
Money Flow Index (MFI)- 7The customization score for Money Flow Index (MFI) is 7 out of 10.
On-Balance Volume (OBV)- 5.5The customization score for On-Balance Volume (OBV) is 5.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsVolume OscillatorMoney Flow Index (MFI)On-Balance Volume (OBV)
Alternatives to Volume Oscillator
Chaikin Oscillator
Known for Accumulation/Distribution Trends
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is more reliable than Volume Oscillator
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is easier to use than Volume Oscillator
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is more customizable than Volume Oscillator
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is rated higher overall than Volume Oscillator
Directional Movement Index (DMI)
Known for Strength Of Price Movement
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is more reliable than Volume Oscillator
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is more customizable than Volume Oscillator
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is rated higher overall than Volume Oscillator
Aroon Up And Down
Known for Identifying Potential Trend Changes
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is easier to use than Volume Oscillator
Aroon Indicator
Known for Measuring Time Between Highs And Lows
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is more reliable than Volume Oscillator
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is easier to use than Volume Oscillator
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is rated higher overall than Volume Oscillator
Know Sure Thing (KST)
Known for Trend Strength Measurement
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is more customizable than Volume Oscillator
Commodity Channel Index (CCI)
Known for Identifying Cyclical Trends
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is easier to use than Volume Oscillator