Download MetaTrader 5

Indicators: Percentage Oscillator of Price

To add comments, please log in or register
MetaQuotes Software Corp.
Moderator
188249
MetaQuotes Software Corp.  

Percentage Oscillator of Price:

A percentage price oscillator allows you to compare the time periods independently on the price.

Author: Grigori Minassian

Mehmet Bastem
242
Mehmet Bastem  

thank you

please add Alert for cross .

Eagle3
215
Eagle3  

Hi Zenit2n

Thanks for providing this PPO with Histogram. Given that the PPO measures the PERCENTAGE change, would it be possible to adjust the values on the MACD Y-axis to be % values? This would be based on the calculations:

Percentage Price Oscillator (PPO): {(12-day EMA - 26-day EMA)/26-day EMA} x 100 (This would be a % value)

Signal Line: 9-day EMA of PPO (This would be a % value)

PPO Histogram: PPO - Signal Line (This would be a % value)

For example, instead of the value 37.82082 in the chart above, have 3.782082%

Hope you can assist with this.

Regards

To add comments, please log in or register