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Forex
 

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Price Oscillator (PO)

Price Oscillator (PO) is momentum oscillator in technical analysis which shows difference between two moving averages.

Price oscillator is calculated by formula:

Formula for Price Oscillator

Price oscillator is based on exponential moving average. For short EMA period is usually used value of 9 and for long EMA value of 26.

Price Oscillator (PO)
Price Oscillator (PO)


Interpretation

Generally, buying and selling signals could be created using zero line crossovers: buy signal when PO crosses above zero line and sell signal when PO crosses below zero line.


Example

Open chart for google with price oscillator.


< Price channels
Rate of change (ROC) >