Price Oscillator (PPO) – FX Replay Guide

The Price Oscillator (PPO) on FX Replay helps you measure trend strength and momentum using the percentage difference between two EMAs (like 9 and 26). It's great for spotting trend shifts early and confirming momentum behind price action.

How to Use It in FX Replay

Understand the Calculation:

• PPO shows how far the short-term EMA is from the long-term EMA, expressed as a percentage
• It smooths volatility and adapts to price ranges — useful in both high- and low-volatility environments

Trading with Crossovers:

• PPO crossing above zero = early sign of bullish momentum
• PPO crossing below zero = early sign of bearish momentum
• Signal Line Cross: Entry signals often trigger when PPO crosses its own EMA (signal line)

Momentum Confirmation with Histogram:

• Rising histogram = momentum building up (bullish)
• Falling histogram = fading trend (potential reversal or pullback)

Divergence Detection:

• Use PPO divergences to flag when price is moving without strong momentum backing it
• Helpful for detecting exhaustion before structure confirms it

Pair It with FX Replay Tools

• Use in combo with Position Tool and Auto Breakeven for calculated entries
• Combine with structure indicators like Market Structure or HTF PO3° for precision on higher timeframe confluence