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Forex Technical Indicator-PPO.

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Published: 15 Nov 2017 › Updated: 15 Nov 2017Forex Technical Indicator-PPO.

Forex Technical Indicator-PPO.

ppo_graph.jpg
image source:instaforex.

This Indicator measuring the difference between the 26th day and the 9th day EMA and it is similar to MACD in terms of both practical use and efficiency.

Even though both PPO and MACD are same in all most all terms, MACD measures the absolute difference between two MAs while the PPO calculates the realtime difference in percentage terms.

Ref: instaforex

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