ALTEF...watch this stock if you want to see how PPO works...
This is a Bollinger Band 10,2=focus is the 10day average...right now at $0.30/0.31 which would be almost a double from the low price... My system and grail averages suggest PRICE above the 10 day average is an important trigger...So I have a PPO setting of 1,10,0... The PPO 3,10,0 relates to the 3day average cross above the 10day average...another signal and an added comfort level.
From oversold you want a "reversion to the mean"...=price goes to the 10day. Either there will be a drawback at the 10 day average or "follow through" The trade is there...same goes for the 20day average... CCI 10 and Stochastics 10,3 both say ..."buy me"... And MACD/PPO 10,20,5 once the histogram turns positive there is just an added comfort level... Price above the 10day average brings the 20 CCI setting into play= 20 CCI should signal at its -100 line...CCI 20 is the defauld setting for the CCI.
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