New Members: Be sure to confirm your email address by clicking on the link that was sent to your email inbox. You will not be able to post messages until you click that link.

Measure % Close is > EMA with PPO?

I believe there is a way to measure the % Close is > a EMA with the PPO Line .... but can't seem to get it right ..... thought a PPO indicator panel with setting of (1,30,1) would give me the % for the day the Close is > EMA(30) .... anyone know the correct way to do this .... Thanks

Best Answer

  • markdmarkd mod
    Accepted Answer
    It does. The right hand scale is the per cent difference.

    You can verify this by

    (ema(1)-ema(30))/ema(30)

    (take values from the chart)

    The result should equal the reading on the right hand scale.
Sign In or Register to comment.