Percentage Price Oscillator (PPO) Trading Indicator
Compact mode

Percentage Price Oscillator (PPO)

Known for Relative Strength Measurement

Characteristics

Facts

  • Interesting Fact 💡

    An intriguing or lesser-known fact about the trading indicator
    • Similar to MACD but uses percentage for comparison
  • Sarcastic Fact 😉

    A humorous or ironic observation about the trading indicator
    • It's the MACD's hipster cousin

Application

  • Timeframe 🕑

    The time intervals or periods for which the trading indicator is most effective or commonly used.
    • Daily
      Percentage Price Oscillator (PPO) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
    • Weekly
      Percentage Price Oscillator (PPO) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.

Technical Details

Usage

Evaluation

  • Pros 👍

    Advantages of using the trading indicator
    • Useful For Comparing Assets
    • Adaptable To Different Timeframes
  • Cons 👎

    Disadvantages or limitations of the trading indicator
    • Can Produce False Signals In Ranging Markets
    • Requires Context

Performance Metrics

Alternatives to Percentage Price Oscillator (PPO)
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
💯 is more reliable than Percentage Price Oscillator (PPO)
💻 is easier to use than Percentage Price Oscillator (PPO)
Know Sure Thing (KST)
Known for Trend Strength Measurement
💯 is more reliable than Percentage Price Oscillator (PPO)
Momentum Indicator
Known for Price Velocity
💻 is easier to use than Percentage Price Oscillator (PPO)
Chaikin Oscillator
Known for Accumulation/Distribution Trends
💯 is more reliable than Percentage Price Oscillator (PPO)
Chaikin Money Flow (CMF)
Known for Identifying Accumulation/Distribution
💯 is more reliable than Percentage Price Oscillator (PPO)
Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
💯 is more reliable than Percentage Price Oscillator (PPO)
Elder Triple Screen
Known for Trend-Momentum Alignment
💯 is more reliable than Percentage Price Oscillator (PPO)
🔀 is more versatile than Percentage Price Oscillator (PPO)
🔧 is more customizable than Percentage Price Oscillator (PPO)
is rated higher overall than Percentage Price Oscillator (PPO)

FAQ about Percentage Price Oscillator (PPO)