Compact mode
Volume Profile vs Ichimoku Cloud vs Klinger Oscillator
Table of content
General Information Comparison
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Volume Profile- VolumeVolume Profile is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Ichimoku Cloud- TrendIchimoku Cloud is a Trend type indicator. Indicators that help identify and confirm market trends
Klinger Oscillator- VolumeKlinger Oscillator 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*Volume Profile- FuturesThe asset classes Volume Profile is typically used for are Futures. Indicators designed for trading futures contracts across various asset classes. Click to see all.
- CryptocurrenciesThe asset classes Volume Profile is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. Click to see all.
Ichimoku CloudKlinger OscillatorKnown for 💭
The unique selling point or distinguishing feature of the trading indicatorVolume Profile- Visualizing Trading Activity At Price LevelsVolume Profile is known for Visualizing Trading Activity At Price Levels.
Ichimoku Cloud- All-In-One IndicatorIchimoku Cloud is known for All-In-One Indicator.
Klinger Oscillator- Trend Reversals And ContinuationsKlinger Oscillator is known for Trend Reversals And Continuations.
Made In 🌍
The country or origin of the trading indicatorVolume ProfileIchimoku CloudKlinger Oscillator- United StatesKlinger Oscillator 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 communityVolume Profile- MediumThe popularity of Volume Profile among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Ichimoku Cloud- MediumThe popularity of Ichimoku Cloud among traders is considered Medium. Indicators with balanced adoption and potential effectiveness
Klinger Oscillator- LowThe popularity of Klinger Oscillator 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 Profile- Originated from Market Profile analysis
Ichimoku Cloud- Created by Japanese journalist Goichi Hosoda
Klinger Oscillator- Developed by Stephen Klinger after decades of research
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicatorVolume Profile- It's like a popularity contest for prices - but even the popular ones can let you down!
Ichimoku Cloud- It's like a weather forecast for your trades - often wrong but never in doubt
Klinger Oscillator- Often jokingly referred to as the 'volume detective' in trading circles
Application Comparison
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.Volume Profile- All TimeframesVolume Profile is most effective for All Timeframes timeframes. Versatile indicators suitable for any trading timeframe, from short-term to long-term analysis.
Ichimoku Cloud- DailyIchimoku Cloud is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- WeeklyIchimoku Cloud is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.
Klinger Oscillator- AnyKlinger Oscillator is most effective for Any timeframes. Flexible indicators adaptable to various trading timeframes, offering versatility in analysis.
Technical Details Comparison
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Volume ProfileIchimoku CloudKlinger Oscillator- Volume-BasedKlinger Oscillator uses the Volume-Based calculation method. Indicators that analyze trading volume patterns for market insight. Click to see all.
- Moving AveragesKlinger Oscillator uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.
Signal Generation 📊
Describes the methods by which the indicator produces trading signalsVolume Profile- Support/Resistance LevelsVolume Profile generates trading signals through Support/Resistance Levels. Indicators that identify key price levels where the market tends to pause or reverse
- Value AreasVolume Profile generates trading signals through Value Areas. Indicators that identify price ranges where most trading activity occurs
Ichimoku Cloud- CrossoversIchimoku Cloud generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- BreakoutsIchimoku Cloud generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Klinger Oscillator- CrossoversKlinger Oscillator generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- DivergencesKlinger Oscillator 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 indicatorVolume Profile- Time PeriodVolume Profile offers customization options for Time Period. Customizable time period for calculations Click to see all.
- Value Area PercentageVolume Profile offers customization options for Value Area Percentage. Customizable value area for price distribution analysis Click to see all.
Ichimoku CloudKlinger Oscillator- Short-Term PeriodKlinger Oscillator offers customization options for Short-Term Period. Allows customization of short-term analysis period Click to see all.
- Long-Term PeriodKlinger Oscillator offers customization options for Long-Term Period. Allows customization of long-term analysis timeframe Click to see all.
Usage Comparison
For whom 👥
The target audience or user group for the trading indicatorVolume Profile- Institutional TradersVolume Profile is designed for Institutional Traders. Tailored for large-scale trading decisions and portfolio management Click to see all.
- Order Flow AnalystsVolume Profile is designed for Order Flow Analysts. Analyzes buying and selling pressure, revealing market participants' intentions Click to see all.
Ichimoku CloudKlinger OscillatorPurpose 📈
The primary purpose or application of the trading indicatorVolume Profile- Price DiscoveryVolume Profile is primarily used for Price Discovery. Indicators that aid in determining fair market value Click to see all.
- Support/Resistance IdentificationVolume Profile is primarily used for Support/Resistance Identification. Indicators that locate key price levels of market interest Click to see all.
Ichimoku Cloud- Multiple Aspects Of MarketIchimoku Cloud is primarily used for Multiple Aspects Of Market.
Klinger Oscillator- Volume Force AnalysisKlinger Oscillator is primarily used for Volume Force Analysis.
Evaluation Comparison
Pros 👍
Advantages of using the trading indicatorVolume Profile- Shows Where Most Trading OccursReveals price zones with significant trading activity, useful for support/resistance analysis
- Identifies Key Price Levels
- Useful For Multiple Timeframes
Ichimoku Cloud- Provides Multiple Signals
- Forward-LookingIndicators designed to anticipate future market movements
Klinger Oscillator- Combines Volume And Price MovementIndicators that analyze both price changes and trading volume together
- Effective In Identifying Long-Term Trends
Cons 👎
Disadvantages or limitations of the trading indicatorVolume Profile- Can Be Cluttered On Charts
- Requires Understanding Of Market MicrostructureDescribes indicators that need knowledge of detailed market mechanics for effective use. Click to see all.
- Time-Consuming To Analyze
Ichimoku Cloud- Complex To Interpret
- Clutters Charts
Klinger Oscillator
Performance Metrics Comparison
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorVolume ProfileIchimoku CloudKlinger OscillatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isFor all*Versatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesVolume ProfileIchimoku CloudKlinger OscillatorCustomization Score 🔧
A score representing the degree of customization available for the trading indicatorVolume Profile- 7.5The customization score for Volume Profile is 7.5 out of 10.
Ichimoku Cloud- 7.5The customization score for Ichimoku Cloud is 7.5 out of 10.
Klinger Oscillator- 8The customization score for Klinger Oscillator is 8 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metricsVolume ProfileIchimoku CloudKlinger Oscillator
Alternatives to Volume Profile
Percentage Price Oscillator (PPO)
Known for Relative Strength Measurement
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is easier to use than Volume Profile
Chaikin Oscillator
Known for Accumulation/Distribution Trends
💻
is easier to use than Volume Profile
Stochastic RSI
Known for Combining Strengths Of Two Popular Indicators
💻
is easier to use than Volume Profile
🔧
is more customizable than Volume Profile
⭐
is rated higher overall than Volume Profile
Kaufman's Adaptive Moving Average (KAMA)
Known for Self-Adjusting Moving Average
💻
is easier to use than Volume Profile
🔧
is more customizable than Volume Profile
⭐
is rated higher overall than Volume Profile
On-Balance Volume (OBV)
Known for Volume Precedes Price Movement
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is easier to use than Volume Profile