Indicators: Percentage Oscillator of Price

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Percentage Oscillator of Price:

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

Author: Grigori Minassian

 

thank you

please add Alert for cross .

 

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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