What Is The Detrended Price Oscillator & How To Trade With It

Detrended Price Oscillator

The Detrended Price Oscillator (DPO) indicates when market trends may stop and can be used to determine cycle highs and lows along with estimate cycle times. The DPO does not apply to the last date because it is based on a moving average. The indicator can show intermediate overbought and oversold levels effectively. What does the Detrended Price Oscillator measure? The detrended price oscillator (DPO) measures the difference between the past price and the moving average. Note that the DPO itself is placed on the left. The indicator fluctuates above/below zero when prices move above/below the moving average. The chart …READ MORE