3.x
Getting Started
Trade Bots
Custom Bots
Bot Extensions
Asset Management
Other Features
Changelog
Need Help?
Percentage Price Oscillator
The Percentage Price Oscillator (PPO) indicator is a momentum oscillator that measures the difference between two moving averages as a percentage of the larger moving average. It is similar to MACD-Histogram, but it calculates percentages as opposed to absolute values.
Interface
​
Supported license & Trade types
Supported License
Supported Trade Types
​
Spot trading
Simple license
Margin trading
Advanced license
Leverage trading
Formula
Percentage Price Oscillator (PPO): {(12-day EMA - 26-day EMA)/26-day EMA} x 100
Signal Line: 9-day EMA of PPO
PPO Histogram: PPO - Signal LineGeneral Settings
- Exchange Website to monitor
- Currency Pair to monitor for trade signals
- Update Speed
- Trade Signals
Tip: The exchange doesn't have to be the same exchange you are currently trading on.
Indicator Settings
- Long Length
- Number of candles (or time periods) used to calculate shorter EMA.
- Short Length
- Number of candles (or time periods) used to calculate longer EMA.
- Signal Length
- Number of candles (or time periods) used to calculate Signal Line.
- Trigger Method
- Method to determine situation type for signals.
Usage
The moving average based indicators (like this one) work well when they are evaluating data over a long period of time. This is because the longer the timeline, the more accurate the average gets.
Moving averages perform best when there is a lot of volatility (meaning an overall uptrend or an overall downtrend). When prices are stable there is not enough movement, causing the moving averages to become too sensitive. In this situation too many buy and sell signals will be produced.
A moving average is recommended with an update speed of at least 20 minutes. The common intervals are between 20 minutes and 3 hours.
The moving averages work best with mainstream crypto coins like BTC, LTC, and ETH.
Last modified 1yr ago