Percentage Price Oscillator trading indicator
Percentage Price Oscillator trading indicator is based on the use of two moving averages and is made in the form of an oscillator.
The Percentage Price Oscillator is calculated as the difference between the fast and slow EMA divided by the fast EMA.
The Percentage Price Oscillator indicator has several advantages over standard oscillators:
- shows signals more accurately divergences between prices and the value of the oscillator.
- more accurately identifies price extremes, its movements are more dynamic.
Percentage Price Oscillator trading indicator can be successfully used in trend-following trading strategies to find price reversal points and determine places to open positions.
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