Extra indicators
PPO: Percentage Price Oscillator
MACD expressed in per cent of the slow average, so it can be compared across tickers and over time.
Die Idee in einfachen Worten
MACD is measured in price units, so a $3,000 index and a $1 currency pair give very different numbers. PPO divides by the slow EMA and shows the gap in per cent.
So wird gerechnet
(EMA 12 − EMA 26) ÷ EMA 26 × 100; signal = EMA 9 of PPO; histogram = PPO − signal.
PPO = (EMA(12) − EMA(26)) ÷ EMA(26) × 100
Signal = EMA(PPO, 9), Histogram = PPO − SignalAnwendung
- Same signals as MACD: signal-line crosses, zero-line crosses, divergences.
- Comparing momentum between tickers.
Schlüsse ziehen
- The histogram shows whether momentum is speeding up or slowing down.
Beispiel
BTCUSD daily, PPO = +4.1%: the 12-day EMA is 4.1% above the 26-day EMA, a strong uptrend.
Kurse in Beispielen dienen der Veranschaulichung.
Worauf man achten sollte
- Like MACD it lags at turning points.
Ein wenig Geschichte
A standard variation of Gerald Appel's MACD (late 1970s).
Nur Bildungsinhalte. Kein Indikator und kein Muster sagt die Zukunft voraus, und nichts hier ist eine Anlageberatung.