Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=33488
Forum: 17 · Topic 33488 · 3 post(s)
Apprentice · Mon Mar 18, 2013 1:31 pm

As described by Darryl W. Maddox in the November 1990 issue of S & C magazine. Percent Difference Oscillator will show difference between the current day’s close and the moving average, expressing the difference as a percentage of moving average. Percentage above / below moving average. PDO = 100*(Close-MA)/MA
The indicator was revised and updated
Alexander.Gettinger · Fri Jun 06, 2014 3:44 pm
MQL4 version of Percent Difference Oscillator: viewtopic.php?f=38&t=60800.
Apprentice · Mon Jun 19, 2017 7:57 am
The indicator was revised and updated.