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I checked this indicator with a price oscillator, with the same parameters.
The signals were identical. I use the percent method with price oscillators.
However, whether I use the price or the percent method the curve has the
same shape and the same crossing points. My guess is that Metastock uses
the same method for the PO% as this "new" indicator.
comments ?
Lionel Issen
lissen@xxxxxxxxx
----- Original Message -----
From: "j seed" <jseed_10@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Friday, February 09, 2001 11:11 AM
Subject: Re: PPO...correction
> Jim,
> Sorry, I didn't realize you were using the close in the trigger. This WILL
> work.
> J.
>
> {Percentage Price Oscillator}
> PPO:= ((Mov(C ,12,E ) - Mov(C,26,E))/Mov(C,12,E))*100;
> Trigger:= Mov(PPO,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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