This is a re-up of my original post a couple of days ago, I made a slight change to the scaling and wanted to make sure you all got the new code!
I felt the PPO offered here was a bit basic, so turned it more into the MACD's look and feel, except this is fully customizable through the options menu for non-coders to make it look exactly as they wish.
To use the code simply click the arrow in the upper right and click "make it mine".
Alternatively you can grab the source here: pastebin.com/YRtTXE84
Copy and past the code into a new script, removing the default text it gives.
Feel free to leave a comment below if you like it, have a question, or idea!
¸.·´¯`·.´¯`·.¸¸.·´¯`·.¸ If you like the latest in indicators be sure to follow me, more scripts coming soon! ¸.·´¯`·.´¯`·.¸¸.·´¯`·.¸
I felt the PPO offered here was a bit basic, so turned it more into the MACD's look and feel, except this is fully customizable through the options menu for non-coders to make it look exactly as they wish.
To use the code simply click the arrow in the upper right and click "make it mine".
Alternatively you can grab the source here: pastebin.com/YRtTXE84
Copy and past the code into a new script, removing the default text it gives.
Feel free to leave a comment below if you like it, have a question, or idea!
¸.·´¯`·.´¯`·.¸¸.·´¯`·.¸ If you like the latest in indicators be sure to follow me, more scripts coming soon! ¸.·´¯`·.´¯`·.¸¸.·´¯`·.¸
study(title="Advanced Percentage Price Oscillator", shorttitle="Advanced PPO") //•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•// // // // ADVANCED PPO BY THELARK // // ~ 2-10-14 ~ // // // // •/• // // // // https://www.tradingview.com/u/TheLark // // // //•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•/•// src = close shortlen=input(9, minval=1, title="Short Length") longlen=input(26, minval=1, title="Long Length") dosig=input(true,title="Show Signal?") dohist=input(true,title="Show Histogram?") smooth=input(9, minval=1, title="Signal Smoothing") short = ema(src, shortlen) long = ema(src, longlen) ppo = ((short - long)/long)*100 sig = ema(ppo,smooth) plot(ppo, title="PPO", color=#0094FF) plot(dosig?sig:na, title="signal", color=#FA6901) plot(dohist?ppo-sig:na,color=#FF006E,style=histogram )
