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PPO

MACD as a percentage, so you can compare coins.

The gap between two EMAs, divided by the slow EMA. Because it is in %, a PPO of 2 means the same for Bitcoin at 60,000 as for a coin at 0.30.

That makes it the better choice when one strategy watches many instruments.

In TradeXtool

Entry: PPO histogram crosses above 0.

Watch out

Same information as MACD; do not use both and call it confirmation.

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