DeskIndicators
PPO
Fast exponential average minus the slow one, as a percent of the slow average.
The PPO (percentage price oscillator) is the fast exponential average minus the slow one, as a percent of the slow average. It is its own pane under the candles. A dashed line sits at 0.
Defaults are 12 and 26. Above zero the fast average is above the slow one. Crossing zero is a common read, not a signal by itself.
Settings: gear on the pane bar — see Indicators.