Momentum TraderThis study combines two versatile momentum indicators :
Chande Momentum Oscillator:
-Measures trend strength, with higher absolute values meaning greater strength.
-Also tracks divergence. When price increases, but is not accompanied by an increase in Chande Momentum Oscillator values, it signifies bearish divergence and a reversal is likely to follow.
-Shown as the teal and pink histogram.
Percentage Price Oscillator:
-Similar to the MACD, except that it expresses the difference between the two moving averages in terms of a percentage. This makes it a little easier to visualize.
-PPO values greater than zero indicate an uptrend, as that means the fast EMA is greater than the slow (and vice versa).
Entry and Exit Conditions:
Enter When:
1) Chande Momentum crosses over zero from negative to positive territory. AND
2) It has been less than 3 bars since Chande Momentum was less than the lower green line. AND
3) Chande Momentum is rising(positive slope).
Exit When:
1) Chande Momentum is greater than the upper line. AND
2) It has been less than 6 bars since the PPO value was greater than the upper bound. AND
3) PPO is less than 5 (meaning the difference between the two EMA's is less than 5%). AND
4)PPO has a negative slope.
This study comes with alert conditions for long entries and exits.
~Happy Trading~
價格震盪指標(PPO)
ALMA PPO - Percentage Price OscillatorSimple redo of PPO using ALMA
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PPO Percentile RankThis indicator is based off of the ChrisMoody CM_Laguerre PPO PercentileRank V2 Mkt Tops & Bottoms and The Lark's Laguerre PPO code.
I changed it to use basic moving averages rather than Laguerre, including changing the inputs to MA lengths so that you can coordinate the indicator with other filters more easily.
I also added the option to change the input price and changed the visual look and some other minor changes.
Zero-Lag MACD/PPOMACD/PPO Indicator, with optional faster EMA's to reduce lag.
-Use "MA TYPE" to select SMA, EMA, Double-EMA, Triple-EMA, or Hull as the MACD Source. Default is 'EMA'.
-Use "FAST MA" and "SLOW MA" to set the fast and slow period lengths.
-Use "SIGNAL TYPE" to select SMA, EMA, Double-EMA, Triple-EMA, or Hull as the Signal formula. Default is 'EMA'.
-Use "SIGNAL LENGTH" to set the Signal period length.
-Use "HIST. SIZE" to change the scaling of the histogram and make it stand out more.
-Use "COLOR SIGNALS" to select when to signal green/red on the MACD line.
--- "None" is always black.
--- "Over/Under" will signal based on MACD being over or under the Signal line.
--- "Rising/Falling" will signal based on MACD being over/under the Signal line and both are rising/falling.
-Use "PPO INSTEAD" to use Price Percent Oscillator scaling (works better for long-term and large price fluctuation).
Volume Weighted Average Price Oscillator [NeoButane]VWAP on PPO but not PPO. Two histograms, with the second one being SMAs of the first and signals color/trend change.
1.0 - Release
Framework laid out
Power level readings should be within 9000
Percentage Price OscillatorThe Percentage Price Oscillator (PPO) is a momentum oscillator that measures the difference between two moving averages as a percentage of the larger moving average. As with its cousin, MACD, the Percentage Price Oscillator is shown with a signal line, a histogram and a center line. Signals are generated with signal line crossovers, center line crossovers, and divergences. More info here and here .
The indicator allows you to change the type of all moving averages (Simple, Exponential, Weighted, Volume-weighted, Triple EMA or a moving average that uses RSI ). The indicator also allows you to volume weight it(turned on by default), which will turn it into an indicator very similar to the Volume-Weighted Moving Average Convergence Divergence (VW-MACD) first used by Buff Pelz Dormeier in 2002 and described in detail in his book "Investing with Volume Analysis: Identify, Follow, and Profit from Trends". If you want to weight the oscillator against the true range instead of volume this is also possible. By default, this will be done automatically for assets that do not support volume. By checking the box "MACD" you can also turn this indicator into a standard MACD indicator.
PPO spreadScript requested by @sergebtpepper7, hope it will serve someone else :)
You can use it and modify it by your needs.
Advanced MACDThis is a more advanced version of the standard moving average convergence/divergence indicator (MACD). It allows you to change the type of all moving averages (Simple, Exponential, Weighted, Volume-weighted, Triple EMA or a moving average that uses RSI). By for example setting the period to 3/10/16 and use simple moving averages instead of exponential moving averages you can turn it into the modified version of the MACD oscillator (mMACD) described in detail in Appendix B in the book "The Art and Science of Technical Analysis: Market Structure, Price Action and Trading Strategies" by Adam Grimes.
The indicator also allows you to volume weight the indicator (turned on by default), which will turn it into a Volume-Weighted Moving Average Convergence Divergence (VW-MACD) first used by Buff Pelz Dormeier in 2002 and described in detail in his book "Investing with Volume Analysis: Identify, Follow, and Profit from Trends". If you want to weight the oscillator against the true range instead of volume this is also possible. By default, this will be done automatically for assets that do not support volume.
Laguerre PPO 4C4 Colored Laguerre PPO
lime = positive rising
green = positive descending
red = positive descending
maroon = positive rising
Enjoy :)
www.tradingview.com(PPO)
The Laguerre Filter is a smoothing filter based on Laguerre polynomials.
Percentage Price Oscillator V.1 by TLHThis PPO is inspired by Stock Chart default Gallery view. Very well appreciated
PPO Divergence AlertsThis is a pretty straightforward script that adds alerts to Pekipek's excellent PPO Divergence indicator and changes the visuals a bit. You can have the alerts fire on these events:
Purple Circle (bullish signal)
Orange Circle (bearish signal)
Green Dot (High Point)
Red Dot (Low Point)
I use this on daily Forex charts to get alerts when purple or orange dots show. As you can see, it catches a lot of big moves, some of which can give insane returns if you're 200x leveraged on the likes of 1Broker.com. In regards to reducing false signals, I'm getting good results with a Williams %R but would love to hear any suggestions.
Edit: Oops. Box #6 in the example should be yellow, not purple.
PPO Bull/Bear Divergence to High/Low StrategyA simple strategy that uses the PPO divergences to open trades and the highs/lows to close them. Credit to Pekipek for this PPO Divergence indicator (I changed the visuals a bit)
STRATEGY
Purple circle - bullish divergence - enter LONG
Orange circle - bearish divergence - enter SHORT
Green dot - high point - exit LONG
Red dot - low point - exit SHORT
That's it. Not very profitable, but I like Pekipek's indicator a lot so figured I'd see what a strategy was like. Would love to see any variations.
PE_Price_OscillatorHello!
This is similiar to the Price Oscillator ( PPO) that you can find in the Technical Analysis: Built ins.
It is just added colors so you can see patterns when the lines( histogram) are crossing , maybe add some alerts when plots are crossing different levels.
I want to say that I´m no expert in this area, I just had an idea about this and wanted to see if it was possible to create an oscillator that in some way explains the power inside, so this is what i come up with.
hope you like, feel free to change
All the best
Patrik
Pekipek's PPO Divergence BETABeta divergence indicator, you can exchange the Price Percentage Oscillator (PPO) for any oscillator. You can play around with the look-back period if you want to use long term divergences.
WARNING:
Because its impossible to make the look-back period of the lowest/highest functions dynamic, the indicator can plot divergences sometimes at places where there are none, however in my experience this does not occur so much. Also it is impossible to plot isolated lines, so its hard to visually see which divergence(s) exactly is(are) being signaled. Once these features become possible I can really refine the indicator.
FREE INDICATOR, aPPO: (ADVANCED) PRICE PERCENTAGE OSCILLATORThis is a re-up of my original post a couple of days ago, I made a slight change to the scaling and wanted to make sure you all got the new code!
I felt the PPO offered here was a bit basic, so turned it more into the MACD's look and feel, except this is fully customizable through the options menu for non-coders to make it look exactly as they wish.
To use the code simply click the arrow in the upper right and click "make it mine".
Alternatively you can grab the source here: pastebin.com
Copy and past the code into a new script, removing the default text it gives.
Feel free to leave a comment below if you like it, have a question, or idea!
¸.·´¯`·.´¯`·.¸¸.·´¯`·.¸ If you like the latest in indicators be sure to follow me, more scripts coming soon! ¸.·´¯`·.´¯`·.¸¸.·´¯`·.¸