Percentage Price Oscillator with ALMA
The fundamental indicator list of TV actually lacks Percentage Price Oscillator, although it is described in the support pages at tradingview.com/stock-charts-support/index.php/Price_Oscillator_(PPO).
In the chart you may find the Pinecode for PPO, which is calculated by using ALMA instead of EMA. It acts as a better alternative to MACD, and the MACD related trading strategies may be used with PPO as well. One may eliminate the signals occurring between [-1, 1] to increase robustness.
In the chart you may find the Pinecode for PPO, which is calculated by using ALMA instead of EMA. It acts as a better alternative to MACD, and the MACD related trading strategies may be used with PPO as well. One may eliminate the signals occurring between [-1, 1] to increase robustness.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.