Detrended Price Oscillator Trading Strategy – Rules, Setup, Backtest, Returns
Detrended Price Oscillator (DPO) is a technical analysis indicator. According to the author’s idea, the indicator is built without considering trend movements on the chart, which allows a more accurate determination of overbought and oversold levels. Similar to a moving average, it also filters out directionality (trend) in price values, making it easier to spot…