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Percentage Price Oscillator with ALMA

BTCE:NMCUSD   None
The fundamental indicator list of TV actually lacks Percentage Price Oscillator, although it is described in the support pages at www.tradingview.com/...hp/Price_Oscillator_(PPO).

In the chart you may find the Pinecode for PPO, which is calculated by using ALMA instead of EMA. It acts as a better alternative to MACD, and the MACD related trading strategies may be used with PPO as well. One may eliminate the signals occurring between to increase robustness.

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