Replies to post #18509 on T/A ETF AND INDEX

[capt_jmj]

Don't know about Prophet.net, but you can get it on Stockcharts.com...

http://stockcharts.com/help/doku.php?id=chart_school:technical_indicators:price_oscillators_pp

Alternately, you can construct your own in an Excel spreadsheet by using the TA-Lib addin, i.e. f(x)=TA_PPO(price array, fast period, slow period, MA type)

[northam43]

Two-timer - Glad CAPT JMJ provided you with the info. I am finding that the PPO can be very useful for early trend changes.

I have mine set using (3,8,4).

If you have a bullish PPO above the zero line the upside is greater.

If you have a bearish PPO below the zero line the downside is greater.

If you have a bullish PPO below the zero line the upside is sideways to slight.

If you have a bearish PPO above the zero line the downside is sideways to slight.

The above are the common historical patterns of the PPO. Of
course there are exceptions to the rule.

Right now the PPO on the QQQQ Daily is at 1.35, so a dramatic drop in price to the downside is unlikely at this point.

[Mr Bear]

Two-Timer,

I'm tired of waiting for someone else to answer your question.

Here's a big clue: forget the scale difference. Scales are for clowns.



Prophet.net DOES MACD.