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Learn how to use the Percentage Price Oscillator (PPO) to compare stocks, as it can show both trend direction and increasing price momentum.
PPO Versus MACD
The Percentage Price Oscillator (PPO) is not a highly utilized indicator, but most traders have heard of or used the MACD (moving average convergence divergence). The two indicators are nearly identical, except that the PPO is scaled using percentages, while MACD is based on price.
That means that PPO…
The post Comparing Stocks With the Percentage Price Oscillator (PPO) appeared first on Vantage Point Trading.
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