APO
Type:
apo• Category:indicators
Description
Absolute Price Oscillator
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | prices data | no | |
price | string | Price field to use to calculate APO | no | |
fastperiod | number | Fast period for APO calculation | no | 12 |
slowperiod | number | Slow period for APO calculation | no | 26 |
matype | number | Moving average type for APO calculation | no | 0 |
Help
Absolute Price Oscillator (APO)
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Description
The Absolute Price Oscillator (APO) is a technical analysis indicator used in financial markets to measure the difference between two moving averages of a security's price. It is a momentum indicator that helps traders identify the strength and direction of a trend.
What does this worker do?
The APO worker calculates the Absolute Price Oscillator value based on the provided price data and parameters. It takes the following inputs:
dataExp: prices dataprice: Price field to use to calculate APOfastperiod: Fast period for APO calculationslowperiod: Slow period for APO calculationmatype: Moving average type for APO calculation
The worker returns the calculated APO values, which can be used to analyze the trend and momentum of a security.
How to interpret the results
The APO indicator can be interpreted as follows:
- When the APO is above zero, it indicates that the fast moving average is above the slow moving average, suggesting a bullish trend.
- When the APO is below zero, it indicates that the fast moving average is below the slow moving average, suggesting a bearish trend.
- A rising APO indicates increasing momentum, while a falling APO indicates decreasing momentum.
Usage
To use the APO indicator, follow these steps:
- Add the APO worker to your analysis workflow.
- Input the required parameters:
dataExp,price,fastperiod,slowperiod, andmatype. - The worker will calculate and return the APO values.
Visualizing the APO Indicator
For a visual representation of how to use the APO indicator, refer to the following images:
Full APO Indicator Usage Example
[](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_full.gif)
Short APO Indicator Usage Example
[](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_short.gif)
Additional Information
The APO indicator was developed by [insert developer name if known]. It is commonly used in technical analysis to identify trends and momentum in financial markets. By adjusting the fastperiod and slowperiod parameters, traders can customize the APO indicator to suit their trading strategy and time frame.