Re: [amibroker] Percentage Price Oscillator

[Franco Gornati <francogornati@xxxxxx>]

Rod wrote
>Does anyone have a formula for the PPO?

Rod,
from google, first entry (http://trader.snowseed.com/ppo.htm):
PPO = (Fast_EMA - Slow_EMA) / Fast_EMA

Define your variables
Fast_Length = Param(..);
Slow_Length = Param(..);
Fast_EMA = EMA(C, Fast_Length);
Slow_EMA = EMA(C, Slow_Length);

define the indicator
PPO = (Fast_EMA - Slow_EMA) / Fast_EMA

plot it
Plot(PPO,...);

regards,

Franco


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