Pretty Good Oscillator (PGO)

Measures how far the close has traveled from its simple moving average, expressed in units of smoothed true range. Mark Johnson used it as a breakout system: readings above +3 flag a long breakout, readings below -3 a short breakout.

Live Demo

Pick a market regime to see how PGO(14) reacts:

Usage

import {PGO} from 'trading-signals';
 
// PGO yields results once 27 inputs have been added
const pgo = new PGO();