e iπ +1=0
- 23 Eki 2020
rev. 01/06/97 The Detrended Price Oscillator (DPO) is an indicator that attempts toeliminatethe trend in prices.
Detrended prices allow you to more easily identify cycles and overbought/oversold levels.
Here is the MetaStock custom formula for the DPO:
Close-Ref( Mov(Close, X, Simple ), T)
***where X is the number of Time Periods for the Oscillator and T =X /2 + 1.
For example, a 20 period DPO would be:
X = 20
T = (20/2 + 1) = 11
Detrended Price Oscillator
Close-Ref( Mov(Close, 20, Simple),11)