Author: Tom Balfe
Percentage Price Oscillator is calculated as the difference between the short and the long EMA, the obtained result being divided by the short EMA.
Follows formula: (FastEMA-SlowEMA)/SlowEMA
Percentage Price Oscillator is calculated as the difference between the short and the long EMA, the obtained result being divided by the short EMA.
- It displays more precise signals of divergences between prices and the value of the oscillator.
- It emphasizes price extremums more precisely, it moves faster.
Follows formula: (FastEMA-SlowEMA)/SlowEMA