November 2019
Beginner
394 pages
10h 31m
English
The absolute price oscillator, which we will refer to as APO, is a class of indicators that builds on top of moving averages of prices to capture specific short-term deviations in prices.
The absolute price oscillator is computed by finding the difference between a fast exponential moving average and a slow exponential moving average. Intuitively, it is trying to measure how far the more reactive EMA (
) is deviating from the more stable EMA (
). A large difference is usually interpreted as one of two things: instrument ...