Market / MetaTrader 5 / Indicators /

Percentage Price Oscillator

40 USD

Demo downloaded: 2

Published: 30 August 2024

Current version: 1.1

Percentage Price Oscillator

Indicators
Mykola Khandus
Version: 1.1
Updated: 31 August 2024
Activations: 5

Percentage Price Oscillator (PPO) for MT5

Unlock deeper market insights with the Percentage Price Oscillator (PPO) for MT5 – a dynamic tool designed to measure price momentum and trend direction with precision.

Core Features:

Flexible Configuration: Customize the PPO to match your trading approach by adjusting the Fast Length, Slow Length, and Signal Length. The indicator is also versatile enough to adapt to any market condition with various source inputs.
Intuitive Histogram Display: Choose to visualize the difference between the PPO and Signal lines with a histogram, providing an instant read on momentum shifts. The color-coded bars offer clear signals, simplifying your analysis process.
Strategic Crossover Alerts: Stay ahead of the market with highlighted PPO/Signal crossovers and zero-line crossovers. These key moments are crucial for identifying potential trend changes and making timely trading decisions.
Enhanced Visuals with Ribbon Filling: Activate ribbon filling to visually emphasize the relationship between the PPO and Signal lines, adding an extra layer of clarity to your charts.
Adaptive Trend Coloring: The PPO and Signal lines can automatically change color based on the current trend, helping you quickly identify whether the market is bullish or bearish.

Why Use the Percentage Price Oscillator?

The PPO is a must-have indicator for traders focused on understanding price movement in relation to moving averages. By expressing these movements as percentages, the PPO makes it easy to compare different assets or timeframes, offering a clear view of market dynamics. Whether you’re looking to confirm trends, spot reversals, or fine-tune your entry and exit points, the PPO provides reliable signals to support your trading strategy.

Perfect for Every Trader:

Whether you're new to trading or an experienced market participant, the Percentage Price Oscillator offers a blend of simplicity and depth. Its customizable features and clear visual cues make it a valuable tool for traders seeking to enhance their market analysis and decision-making process.

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Version 1.1 2024.08.31

- Source input field data fix.