Percentage Price Oscillator (PPO)

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Percentage Price Oscillator (PPO) [ ru | cn ]
Author: Scriptor (2008.05.03 12:28)
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Percentage Price Oscillator (PPO) 1
 PPO.mq4 (2.7 Kb) View
Author: Tom Balfe

Percentage Price Oscillator is calculated as the difference between the short and the long EMA, the obtained result being divided by the short EMA.

  • It displays more precise signals of divergences between prices and the value of the oscillator.
  • It emphasizes price extremums more precisely, it moves faster.

Follows formula: (FastEMA-SlowEMA)/SlowEMA

Percentage Price Oscillator (PPO) 2

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