OPEN-SOURCE SCRIPT

Percentage Oscillator Swing

3 027
The percentage price oscillator (PPO) is a technical momentum indicator.

It shows the relationship between the close of a candle and the highest/lowest point with a specific lenght in percentage terms.


Rules
The higher percentage on the values upwards, compared to those downwards, the higher the power of the bull trend.

The higher percentage on the values downwards, compared to those upwards, the higher the power of the bear trend.

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.