OPEN-SOURCE SCRIPT
SPPO — Simple Percentage Price Oscillator
SPPO is Simple Percentage Price Oscillator .
SPPO is calculated as the ratio of the current price to the moving average.
This indicator is used in the trading strategy to determine overbought and oversold markets. Chart period D1.
I use this oscillator on the BTCUSD and ETHUSD pairs. It can also be used on other top crypto symbols.
If SPPO on the BTCUSDT chart > 35%, this means that in the Bitcoin market pamp . So it’s time to close long positions.
If SPPO on the bitcoin chart is <-30%, then bitcoin is oversold and you need to think about starting to buy it.
Recommended timeframe: 1d
Input parameters:
MA Length — number of bars for moving average. Default = 25.
Source — type of price used to calculate the MA. Default = close.
High Level — upper horizontal constant on the SPPO chart. Default = 35.
Low Level — lower horizontal constant on the SPPO chart. Default = -35.
Simple MA(Oscillator) — type of MA indicator used. If false = Exponential Moving Average , if true = Simple Moving Average . Default = true.
SPPO is calculated as the ratio of the current price to the moving average.
This indicator is used in the trading strategy to determine overbought and oversold markets. Chart period D1.
I use this oscillator on the BTCUSD and ETHUSD pairs. It can also be used on other top crypto symbols.
If SPPO on the BTCUSDT chart > 35%, this means that in the Bitcoin market pamp . So it’s time to close long positions.
If SPPO on the bitcoin chart is <-30%, then bitcoin is oversold and you need to think about starting to buy it.
Recommended timeframe: 1d
Input parameters:
MA Length — number of bars for moving average. Default = 25.
Source — type of price used to calculate the MA. Default = close.
High Level — upper horizontal constant on the SPPO chart. Default = 35.
Low Level — lower horizontal constant on the SPPO chart. Default = -35.
Simple MA(Oscillator) — type of MA indicator used. If false = Exponential Moving Average , if true = Simple Moving Average . Default = true.
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。