Detrended Price Oscillator (DPO) – indicator MetaTrader 5

Detrended Price Oscillator
Detrended Price Oscillator removes the trend effect of price movement. This simplifies the process of finding out cycles and overbought/oversold levels. Long-term cycles consist of several shorter cycles. Analyzing such short components helps to define crucial moments of the cycle’s development. DPO gives a chance to eliminate the influence on prices of long-term cycles. To … Read more