Price Percentage Oscillator
PPO is another trending/momentum indicator. It is a very close cousin to MACD, if you know how to use MACD you know how to use PPO. The two are so close, in fact, that I was reluctant to even write this. But I was bored tonight so I wrote it.
Included is a screenshot. On the screenshot you can see my other indicator
ToR which uses ADX on multiple timeframes to let you know if you are in a ranging or trending market.