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Larry,
The MACD would be simply the difference between a long and short MA. The
Percent Price Oscillator is divided by the short MA and multiplied by 100 to
give you a percent(%). If you look at the scales on the right/left and
compare this to the MACD you should see the difference.
BTW: In case you haven't seen the correction for the Trigger statement, it
should read:
Trigger:= Mov(PPO,9,E);
J.
>From: Larry <amernick@xxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: metastock@xxxxxxxxxxxxx
>Subject: Re: PPO
>Date: Fri, 09 Feb 2001 11:41:41 -0800
>
>Gee, This indicator plots identically like the MACD Indicator. Anyone know
>what's the difference or rational between the two?
>
>j seed wrote:
>
> > Jim,
> > This should do the trick.
> > J.
> >
> > {Percentage Price Oscillator}
> > PPO:= ((Mov(C ,12,E ) - Mov(C,26,E))/Mov(C,12,E))*100;
> > Trigger:= Mov(C,9,E);
> > PPO; Trigger;
> >
> > >From: wooglin.org@xxxxxxxxxxx
> > >Reply-To: metastock@xxxxxxxxxxxxx
> > >To: "List MetaStock" <metastock@xxxxxxxxxxxxx>
> > >Subject: PPO
> > >Date: Fri, 9 Feb 2001 09:32:15 -0500
> > >
> > >In the last issue of TASC on page 32, The Percentage Price Oscillator
>is
> > >described. The use of a trigger line is also used with the PPO. If I
>create
> > >the PPO indicator and the "Trigger" in the same indicator as below, how
>do
> > >I get the indicator to plot both lines?
> > >
> > >PPO:= ((Mov(C ,12,E ) - Mov(C,26,E))/Mov(C,12,E))*100;
> > >Trigger:= Mov(C,9,E);
> > >
> > >
> > >Thanks,
> > >
> > >Jim Barone
> >
> > _________________________________________________________________
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>
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