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Indicators: Percentage Oscillator of Price

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MetaQuotes Software Corp.
Moderator
181045
MetaQuotes Software Corp. 2008.09.25 08:34 

Percentage Oscillator of Price:

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

Author: Grigori Minassian

Mehmet Bastem
240
Mehmet Bastem 2008.09.25 09:59  

thank you

please add Alert for cross .

Eagle3
192
Eagle3 2014.02.17 13:03  

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

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