Extra indicators
DPO: Detrended Price Oscillator
Removes the trend to show the shorter cycles: how far the price is from a moving average from half a period ago.
Die Idee in einfachen Worten
To see the rhythm of highs and lows without the overall trend, DPO compares the price with a past moving average, so it measures the swing around the trend.
So wird gerechnet
Subtract from today's close the SMA(N) of (N ÷ 2 + 1) candles ago.
DPO = close − SMA(N)[N ÷ 2 + 1]Anwendung
- Measure the typical distance between cycle highs (or lows) to anticipate the next one.
- Overbought and oversold relative to the ticker's own swings.
Schlüsse ziehen
- Peaks and troughs of DPO line up with the short-term cycle highs and lows.
Beispiel
US30 daily, DPO(20): the last four lows came about 18 sessions apart; the next one is watched around that time.
Kurse in Beispielen dienen der Veranschaulichung.
Worauf man achten sollte
- DPO is not meant for trend signals: it deliberately removes the trend.
Ein wenig Geschichte
A classic cycle tool from the 1980s.
Nur Bildungsinhalte. Kein Indikator und kein Muster sagt die Zukunft voraus, und nichts hier ist eine Anlageberatung.