Requests & Ideas - page 396

Solariz
382
Solariz  
mladen:
Did you try any PPO (percentage price oscillator) indicator?

I only found this one...which is not available.

https://www.mql5.com/en/forum/173811

Can you lead me to a working PPO (percentage price oscillator), so I can test it?

Mladen Rakic
163288
Mladen Rakic  
Solariz:
I only found this one...which is not available.

https://www.mql5.com/en/forum/173811

Can you lead me to a working PPO (percentage price oscillator), so I can test it?

Solariz

Some can be found here : https://www.mql5.com/en/forum/177436

Solariz
382
Solariz  
mladen:
Solariz Some can be found here : https://www.mql5.com/en/forum/177436

Yes, but none of them shows the distance in percent or am I blind ?

Mladen Rakic
163288
Mladen Rakic  
Solariz:
Yes, but none of them shows the distance in percent or am I blind ?

If you multiply those values you are going to get percents. But since it is using slope for calculation, percentages are going to be small. Percentage Price Oscillator is going to show % only on high time frames - on small time frames it is useless to look for % changes in prices since on a single bar there will be nothing even remotely similar to some big % change on a single bar

Solariz
382
Solariz  
mladen:
If you multiply those values you are going to get percents. But since it is using slope for calculation, percentages are going to be small. Percentage Price Oscillator is going to show % only on high time frames - on small time frames it is useless to look for % changes in prices since on a single bar there will be nothing even remotely similar to some big % change on a single bar

So, for MT4 there is no indicator of such kind available. Did I understand you correct? I do not understand too much of the techincal part.

Files:
screen.jpg 183 kb
Mladen Rakic
163288
Mladen Rakic  
Solariz:
So, for MT4 there is no indicator of such kind available. Did I understand you correct? I do not understand too much of the techincal part.

Here

Try this one (and use it on daily, weekly or monthly chart - also, you can set the fast EMA to 1 to get that kind of "fast changes") : ppo_2.mq4

Files:
ppo_2.mq4 2 kb
Solariz
382
Solariz  
mladen:
Here Try this one (and use it on daily, weekly or monthly chart - also, you can set the fast EMA to 1 to get that kind of "fast changes") : ppo_2.mq4

Thanks Mladen, it is not exactly what I was looking for. The idea was to have it as seen in the screenshot above.

Mladen Rakic
163288
Mladen Rakic  
Solariz:
Thanks Mladen, it is not exactly what I was looking for. The idea was to have it as seen in the screenshot above.

Actually it is the same (when the fast ema is set to 1)

Take a look at that chart and check where the price crosses the average that is on the chart - they are on exact places where that oscillator crosses zero line

Solariz
382
Solariz  
mladen:
Actually it is the same (when the fast ema is set to 1) Take a look at that chart and check where the price crosses the average that is on the chart - they are on exact places where that oscillator crosses zero line

Thanks Mladen, what I meant was the percentages in plain sight as in the screenshot.

Mladen Rakic
163288
Mladen Rakic  
Solariz:
Thanks Mladen, what I meant was the percentages in plain sight as in the screenshot.

As far as I see those are two indicators, not 1.

The one showing the values is the HILO, but why it has 4 parameters I have no idea