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| The Percentage Price Oscillator Histogram (PPO Histogram) is a technical indicator derived from the Percentage Price Oscillator (PPO) indicator. It represents the difference between the PPO and signal lines and is plotted as a histogram. When the PPO line is above the signal line, the histogram is positive, and when the PPO line is below the signal line, the histogram is negative. When the histogram increases, the difference between the PPO and signal lines grows, which can signal a strengthening trend. Conversely, when the histogram is decreasing, it suggests that the difference between the PPO and signal lines is narrowing, indicating a potential trend reversal. Traders also look for divergences between the PPO Histogram and the underlying asset's price, as divergences can indicate a potential change in trend. |
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Percentage Price Oscillator Histogram
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| PPOH(12,26,9) Bullish Divergence |
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| PPOH(12,26,9) Crossed Above Zero |
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| PPOH(12,26,9) Above Zero Line |
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| PPOH(12,26,9) Bearish Divergence |
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| PPOH(12,26,9) Crossed Below Zero |
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| PPOH(12,26,9) Below Zero Line |
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