PPO w/ Discontinued Signal Lines is a Percentage Price Oscillator with some upgrades. This indicator has 33 source types and 35+ moving average types as well as Discontinued Signal Lines and divergences. These additions reduce noise and increase hit rate.
What is the Price Percentage Oscillator?
The percentage price oscillator ( PPO ) is a technical momentum indicator that shows the relationship between two moving averages in percentage terms. The moving averages are a 26-period and 12-period exponential moving average ( EMA ).
The PPO is used to compare asset performance and volatility , spot divergence that could lead to price reversals, generate trade signals, and help confirm trend direction.
Included:
What is the Price Percentage Oscillator?
The percentage price oscillator ( PPO ) is a technical momentum indicator that shows the relationship between two moving averages in percentage terms. The moving averages are a 26-period and 12-period exponential moving average ( EMA ).
The PPO is used to compare asset performance and volatility , spot divergence that could lead to price reversals, generate trade signals, and help confirm trend direction.
Included:
- Bar coloring
- 3 signal variations w/ alerts
- Divergences w/ alerts
- Loxx's Expanded Source Types
- Loxx's Moving Averages
Notes de version:
Small fix.
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