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PPO - Compile for MetaTrader 4

PPO
TypeCompiled PlatformMT4 Version10 Date created18 February 2016 Date updated 3 August 2017
Formatex4 Size2.8Kb Downloads231 Rating
4 of 5
based on 24 rates

The indicator refers to a group of oscillators. It is calculated on the basis of exponential moving averages with the periods of 12 and 26. The signal line is a simple moving average with a period of 9. The indicator allows to compare periods regardless of the price. Trading signals:

  • Emergence of divergence.
  • Intersection of the indicator’s histogram and the signal line.
  • Reaching the price of overbought or oversold zones.

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