PPO_Cloud Indicator
Percentage Price Oscillator in the cloud is a variation of Tom Balfe’s idea to expose divergence, price extremums in reactive manner. This tool’s calculation is simple but yet promising to build a robust market strategy. To advance PPO_Cloud market adaptiveness extra smoothing algorithm is presented with release (JJMA, JurX, ParMA, T3, VIDYA).
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BeardPower 13.03.2017
[SOLVED] entry logic is in NextBar
I tried your strategy, but it seems, that it needs special treatment.
Is there something I missed?If there is no position, it will do nothing, as it will always be in this branch:
Position[] All_pos = Positions.GetPositions(); if (All_pos.Length == 0) { TP = 0; SL = 0; BE_value = 0; TS_value = 0; ToTrade = true; } else [..] code for executing trades in here, but this branch is never tiggered
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Aonghas 20.09.2018
Dear Vlad,
(sorry for my English, it isn't my mother language, but I am trying to speak and write correctly)
I use your indicator "PPO Cloud" everyday since more 3 months on EUR/USD. I built a real and simply strategy with good results (in sclaping and intraday) with :
- Renko Advance Price
- compilation between two PPO cloud in the same sub window (very powerfull)
- Middle line of canal Donchian and MegaTrend Line in the principal window.
I am not a programming, so I have a suggestion to improve visual PPO.
In principal window change the colour of background (with possibility to choose colour and transparency) when PPO cross up Media Line 0.00 example green ou blue transparent and by opposite when PPO Cross down Media Line 0.00, display a red transparency background always in principal window.
A visual similation : it is so simply to understund.
And maybe for more perfection, change with another colour when PPO Price change (divergence) even if PPO is always up or down Media Line 0.00.
My dream is to learn programming into PTMC. I am full beginner. I understood that I learn C# and object programming with AlgoStudio, Visual Studio ... and net ? But it is not easy.
If you have an advice to help me to learn this language, great thanks.
Best Regards,
Aonghas