Percentage Price Oscillator - page 2

[ahmad86]

codersguru:
Any comments out there?

how to use this indicator??

[Ahmed Soliman]

ahmad86:
how to use this indicator??

I don't know!

[cutzpr]

Thank you Codersguru...I am not sure how to implement this indicator in my stragedy yet. I am definately going to test it. Thanks

[nittany1]

Ppo

I wrote one a long time ago for someone else on the forum. I don't know where it went so I'll just repost it.

- nittany1

[EthanHunt]

Thanks again for sharing such great stuff nittany1, take care and be a great dad for your seven month's baby.

Cheers mate

Ethan Hunt

[tampa]

Working Percentage Price Oscillator using hma for smoother result

[carbonmimetic]

nittany1:
I wrote one a long time ago for someone else on the forum. I don't know where it went so I'll just repost it. - nittany1

Hi,

thank's for your indi...but I would like PPo with simple mov averages....can you code it?

thank's in advance

May be you can help me for other thing...if you want...:

I would like to transfer some my formulas from metastock to metatrader 4.

Here it is the first:

NAME: CYCLE 32

Period:=16;

Velo1:= Mov(C,period,S);

Velo2:= C - Velo1;

Velo5:= Ref(Velo2,-period);

Velo6:= Velo2 - Velo5;

MMVelo:= Mov(Velo6,period/2,S);

MMVelo;

explanation:

period is the number of bar

C is the close

MOV is the moving average and S is simple

ref is the number of bar previous

in the new mt4 formula I would like have an input for the number of bar and for the color.

Can I put 2 cycles in the same windows?for example 32 and 64?

thank's in advance

Another thing:

on all time frames I use a SMA 15 ...so...one of my tool is the distance of low-high from this SMA.

here it is:

DISTANCEHL15:=If(Mov(C,15,S)>H,-1*((Mov(C,15,S)-L)*100)/L,If(Mov(C,15,S)<L,((H-Mov(C,15,S))*100)/Mov(C,15,S),0));

TRENDLINE:=0;

DISTANCEHL15;

TRENDLINE;

explanation:if sma is above H,plot the distance from SMA and low

if sma is below L,plot the distance from H and SMA.

when the rubber band is too pulled....price comes back to the SMA...