The Absolute Price Oscillator (APO) is based on the Absolute difference between two moving average of different lengths: a “Fast” and a “Slow” moving average
Formula:
APO = Long cycle (Slow moving average) – Short cycle (Fast moving average)
The Absolute Price Oscillator (APO) is based on the Absolute difference between two moving average of different lengths: a “Fast” and a “Slow” moving average
Formula:
APO = Long cycle (Slow moving average) – Short cycle (Fast moving average)