The detrended price oscillator (DPO) is an indicator that does not react to the most current price action by using a displaced moving average instead of the real price. It attempts to eliminate long-term trends in prices. This is good to figure out overbought and oversold levels. My strategy to use DPO: In trendy markets, use the signal. Crosszero line from above to below is a sell and from below to above is a buy signal. In sideways, predict the price cycles and open positions accordingly. Happy trading!
Link to video. Please click here.
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