A percentage oscillator of the price allows to perform the comparing the time periods independently on the price.
PPO = ( EMA(CLOSE, 12) – EMA(CLOSE, 26) ) / EMA(CLOSE, 26)
SIGNAL = SMA(PPO, 9)
2.The intersection of the indicator with its signal line.
3.A condition of overbuying/overselling
MT4 Indicator Download – Instructions
Percentage Oscillator of Price is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Percentage Oscillator of Price provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Percentage Oscillator of Price.mq4?
- Download Percentage Oscillator of Price.mq4
- Copy Percentage Oscillator of Price.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on Percentage Oscillator of Price.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Percentage Oscillator of Price.mq4 is available on your Chart
How to remove Percentage Oscillator of Price.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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