modhelius

Pivot Point Moving Averages

This indicator contains two simple moving averages that is calculated from the pivot point rather than the closing price. This indicator is described in detail in chapter 6 of the book Candlestick and Pivot Point Trading Triggers: Setups for Stock, Forex, and Futures Markets by John L. Person.
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I AM NOT ABLE TO FIND PPMA INDICATOR WILL YOU PLZ HELP ME OUT
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If you want a more flexible indicator you can use this instead (You just have to set the periods to 1 and 3 and the sources to hlc3 on the two first moving averages and disable the third under the styles tab to achieve the same result as this indicator)
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