Percentage price osc

What does Percentage price osc measure?

MACD in percent instead of dollars — which means a $20 stock and a $600 stock can finally be compared on the same scale.

How is Percentage price osc calculated?

Take a 12-candle exponential average minus a 26-candle one, and divide by the slow average as a percentage. `signal` smooths that over 9 candles, and `hist` is the gap between them.

Written by reading the engine’s real computation, not a textbook — where the two differ, the page describes what actually runs.

How do I use Percentage price osc in a bot?

In the builder, add an indicator of type ppo (parameters: fast, default 12; slow, default 26; signal, default 9). Its output series — line, signal, hist — become operands you can compare in any entry or exit rule. The engine grades the whole rule honestly: real fills, no look-ahead, half the history held back.

Related indicators

• Psych lineCrowd mood as a plain percentage: what share of recent candles closed up.
• QstickAre candles mostly closing above where they opened, or below?
• RAVIA trend-versus-chop filter: it stays near zero while the market drifts and grows when a real trend takes hold.
• Relative momentumRSI measured over a multi-candle move instead of a single one.

Or browse all 158 indicators in the full library.