newskate
29 posts
msg #27308
- Ignore newskate |
7/11/2003 9:08:23 AM
I've heard suggested that PPO is a better indicator than MACD. I've seen MACD charts with histograms. Stockcharts has the same for PPO. The filter creater here has PPO but not the signal line or histogram that I've been able to find (unlike MACD which has them).
Am I missing something, or doesn't someone have a way to generate these curves?
Stephen
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karennma
8,057 posts
msg #27336
- Ignore karennma |
7/13/2003 9:25:09 AM
Hi Stephen:
Welcome to SF!!
WHERE did u find PPO. HOW do I get there. I used SF's PPO last year, but now I can't find it.
Thanks.
karenb
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newskate
29 posts
msg #27340
- Ignore newskate |
7/13/2003 10:14:41 AM
Hi Karen,
I believe Percent Price Osc is the PPO - I've found typing either seems to work. The first way I found Percent..... was to start from SF home page, the hit CREATE in the filter box to the right - the indicators are listed below on the next screen.
Stephen
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karennma
8,057 posts
msg #27341
- Ignore karennma |
7/13/2003 10:32:03 AM
Steve:
Piece of cake. Here goes:
PPO crossed above 0 within the last 2 days and volume is above 500000
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newskate
29 posts
msg #27344
- Ignore newskate |
7/13/2003 3:55:03 PM
Hi Karen, how's Norma? Just kidding!
I get the PPO filter, can you generate the signal line and histogram?
Stephen
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rrochon
117 posts
msg #27376
- Ignore rrochon |
7/15/2003 3:18:08 PM
It looks like PPO crosses 0, going down, the same time that MACD changes direction, going up. I'm not sure that it is any better an indicator than MACD, but it is easier to see when PPO crosses 0. Sometimes MACD levels out for awhile before it changes directions, and maybe PPO would catch a few % before MACD gave you a distinct signal.
Do you find this true also?
Dick
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newskate
29 posts
msg #27389
- Ignore newskate |
7/15/2003 10:01:16 PM
Hi Dick,
I've not found PPO to corelate to anything reliably yet but I've not looked to hard either. If I find a trail I try to follow it till it grows cold and I learn all I can - PPO seemed like a good trail but it may have ended too soon. Stockcharts.com has PPO (9,2,9) for example, and a PPO histogram - all very similar to MACD - they also mention that PPO seems to be more sensitive than MACD. But I cannot find that much info here - unless I create it with some fancy filter programming - but as of yet, I'm not that smart!
Stephen
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