First, in my haste I have a typo in the title - should be EMA * 100. Here is the code used to create the chart:
Plot( OscP( 8, 34 ), "OscP", colorRed ); Plot( 100 * (( EMA(C, 8 ) - EMA( C, 34 ) ) / EMA( C, 34 ) ), "EMA Ratio * 100", colorYellow, styleDots); Bill ----- Original Message ----- From: Barry Scarborough To: [email protected] Sent: May 29, 2009 10:59 PM Subject: [amibroker] Re: Newbie here......Question about PPO There is something goofy all right. I rewrote the formulas and put them one indicator and subtracted one from the other and the delta is 0 at 5 places. But when I put them in separate indicators they give different results. really odd. I will play with some more. Thanks, Barry --- In [email protected], "wavemechanic" <fim...@...> wrote: > > Methinks you are doing something odd. At 5 decimal places I see no difference between OscP() and the EMA ratio / 100. But if anyone is happy with the EMA ratio and thinks that the difference between the two averages is hundreds of a percent than go with it. Or just stick with MACD(). All of this stuff will get you down the same road (for the most part). > > > ----- Original Message ----- > From: Barry Scarborough > To: [email protected] > Sent: May 29, 2009 4:04 PM > Subject: [amibroker] Re: Newbie here......Question about PPO > > > But if you plot them both and look at the values there are off even when you multiply PPO by 100. There is something going on in OscP that makes the results different and I haven't a clue what it is. The small difference may not make any difference. Maybe OscP is not using EMAs. I don't know. I just know they do not return the same results. Maybe testing both will determine if either can be used. > > Barry > > --- In [email protected], "wavemechanic" <fimdot@> wrote: > > > > PPO = Percentage Price Oscillator. So, you want to deal in % and need to multiply the ema(fast) - ema(slow)/ema(slow) by 100. OscP() already does that. If you don't want the result in % then divide by 100. The key thing is that OscP() does the ema() calculation. The Users Guide should make that point. > > > > Bill > > ----- Original Message ----- > > From: Barry Scarborough > > To: [email protected] > > Sent: May 29, 2009 12:36 PM > > Subject: [amibroker] Re: Newbie here......Question about PPO > > > > > > OSCP and PPO are not the same. I plotted them and they are similar but off by a factor of 100. > > > > Barry > > > > --- In [email protected], "wavemechanic" <fimdot@> wrote: > > > > > > This is nothing but the built-in function OscP(). > > > > > > Bill > > > ----- Original Message ----- > > > From: Mubashar virk > > > To: [email protected] > > > Sent: May 26, 2009 5:07 PM > > > Subject: Re: [amibroker] Newbie here......Question about PPO > > > > > > > > > > > > > > > > > > please google for "PPO+Amibroker", you will find the code. > > > > > > > > > From: bretsmiles > > > Sent: Saturday, May 23, 2009 6:56 AM > > > To: [email protected] > > > Subject: [amibroker] Newbie here......Question about PPO > > > > > > > > > I do not see the PPO as an indicator in the AFL. Does it go by another name or is something we have to create ourselves.....Thanks in advance? > > > > > > > > > > > > > ------------------------------------ > > > > **** IMPORTANT PLEASE READ **** > > This group is for the discussion between users only. > > This is *NOT* technical support channel. > > > > TO GET TECHNICAL SUPPORT send an e-mail directly to > > SUPPORT {at} amibroker.com > > > > TO SUBMIT SUGGESTIONS please use FEEDBACK CENTER at > > http://www.amibroker.com/feedback/ > > (submissions sent via other channels won't be considered) > > > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > > http://www.amibroker.com/devlog/ > > > > Yahoo! Groups Links > > > > > > > ------------------------------------ > > **** IMPORTANT PLEASE READ **** > This group is for the discussion between users only. > This is *NOT* technical support channel. > > TO GET TECHNICAL SUPPORT send an e-mail directly to > SUPPORT {at} amibroker.com > > TO SUBMIT SUGGESTIONS please use FEEDBACK CENTER at > http://www.amibroker.com/feedback/ > (submissions sent via other channels won't be considered) > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > http://www.amibroker.com/devlog/ > > Yahoo! Groups Links > ------------------------------------ **** IMPORTANT PLEASE READ **** This group is for the discussion between users only. This is *NOT* technical support channel. TO GET TECHNICAL SUPPORT send an e-mail directly to SUPPORT {at} amibroker.com TO SUBMIT SUGGESTIONS please use FEEDBACK CENTER at http://www.amibroker.com/feedback/ (submissions sent via other channels won't be considered) For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: http://www.amibroker.com/devlog/ Yahoo! Groups Links
